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3938 Summerway Lane

3938 Summerway Lane, Hamburg, NY 14075
Property in Hamburg
Sold Sep 28, 2020
$225,000
$213,750 by Hunt Mortgage
Mortgage Due Oct 01, 2050
Sold Dec 07, 2018
$168,000
$151,200 by Key Bank Na
Mortgage Due Jan 01, 2049
3938 Summerway Lane in Hamburg, NY was first built in 1977 and is 47 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3938 Summerway Lane has 1,735 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 667 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 8,040 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing electric heaters and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3938 Summerway Lane sold most recently in Sep 9, 2020 for a total of $225,000. If you work out the math, that's approximately a cost of $129.68 per sqft. Before that, the property was also sold for $168,000 in Oct 25, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 3938 Summerway Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $95,000. If we break it down further, the land itself was valued at $6,900. Improvements to the property, however, were assessed at a total of $88,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,040
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 667
  • Total Building Area: 1,735
  • Building Area: 1,735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,735
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLAND LAND COMPANYS SURVEY
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2362 19

Ownership

  • Current Owner : REINHARD KEVIN
  • Current Owner 2: REINHARD KAITLIN
  • Previous Owner : SCHWARZ ERIC
  • Previous Owner 2: SCHWARZ JUELENE
  • Owner Before Previous Owner: SAUNDERS KAREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Frontier Central School District
  • School Tax School District: FRONTIER
  • Census Tract: 012902

Geography

  • Account Number: 14075
  • District: 144889
  • Section: 170.160
  • Parcel: 144889 170.16-3-1
  • Block: 3
  • Lot: 1.000
  • Municipality: HAMBURG (TOV)
  • Latitude: 42.7548
  • Longitude: -78.8364

    Address

  • Full Address: 3938 Summerway Ln
  • Address - House Number: 3938
  • Address - Street Name: Summerway
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Hamburg
  • Carrier Code: C027
  • 4-Digit Zip Code: 2324
  • Zip Code: 14075

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 144804

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 313,185
  • High Value: 384,748
  • Low Value: 241,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: HUNT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $213,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $296,875
  • Market Land Value: $21,562
  • Market Improvement Value: $275,313

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,000
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $88,100

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11793063969
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020162135
  • Previous Sale Recording Date: Dec 07, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HUNT MORTGAGE
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: KEY BANK NA
  • Previous Mortgage Transaction Date: Dec 07, 2018
  • Previous Mortgage Loan Amount: $151,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Erie



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Frequently Asked Questions

What neighborhood is 3938 Summerway Lane located in?
The 3938 Summerway Lane is a located in the neighborhood of Hamburg in Erie, Hamburg.
What is the average sales price for listings in 3938 Summerway Lane?
The average sales price for units in 3938 Summerway Lane is $0 currently.

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