5040 River Rd
Grand Island, NY 14072
4 bd 3 ba 3,326 sqft Built 1988 Lot 20,499 sqft single_family
Most recent sale
$515,000
Jul 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 11, 2022 | Sold | $515,000 | MLS #B1405342 |
| May 12, 2022 | Listed | $549,900 | MLS #B1405342 |
| Jan 6, 2022 | Listing removed | $339,900 | NYStateAlliance |
| Oct 14, 2021 | Sold | $360,000 | MLS #B1365793 |
| May 1, 2018 | Sold | $305,000 | MLS #B1088727 |
| Nov 28, 2017 | Listed | $305,000 | MLS #B1088727 |
| Sep 8, 2003 | Sold | $227,500 | Public Record |
| May 31, 2001 | Sold | $220,000 | MLS #B133228 |
| Feb 21, 2001 | Listed | $219,900 | MLS #B133228 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $361,000 | $70,000 | $431,000 | $8,219 |
| 2024 | $265,000 | $50,000 | $315,000 | $8,717 |
| 2023 | $265,000 | $50,000 | $315,000 | $8,557 |
| 2022 | $265,000 | $50,000 | $315,000 | $8,108 |
| 2021 | $234,000 | $36,000 | $270,000 | $8,090 |
| 2020 | $234,000 | $36,000 | $270,000 | $8,825 |
| 2019 | $234,000 | $36,000 | $270,000 | $8,714 |
| 2018 | $234,000 | $36,000 | $270,000 | $8,171 |
| 2017 | $234,000 | $36,000 | $270,000 | $8,097 |
| 2016 | $234,000 | $36,000 | $270,000 | $8,040 |
| 2015 | $234,000 | $36,000 | $270,000 | $8,378 |
| 2014 | $234,000 | $36,000 | $270,000 | $8,228 |
| 2013 | $121,400 | $15,000 | $136,400 | $8,671 |
| 2012 | $121,400 | $15,000 | $136,400 | $8,558 |
| 2011 | $121,400 | $15,000 | $136,400 | $8,538 |
| 2010 | $121,400 | $15,000 | $136,400 | $8,498 |
| 2009 | $121,400 | $15,000 | $136,400 | $8,223 |
| 2008 | $121,400 | $15,000 | $136,400 | $8,093 |
| 2007 | $121,400 | $15,000 | $136,400 | $8,092 |
| 2006 | $121,400 | $15,000 | $136,400 | $2,714 |
Property facts
Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,326 sqft
Lot size
20,499 sqft
ZIP code
14072
City
Grand Island
Street
River Rd
Coordinates
43.06003, -78.94300
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,090
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5040 River Rd last sell?
5040 River Rd most recently sold on Jul 11, 2022 for $515,000.
What is the current tax assessment for 5040 River Rd?
The most recent total assessment for 5040 River Rd (year 2025) is $431,000 with $8,219 in property tax.
How does 5040 River Rd's assessment compare to its last sale price?
The current assessment is 16.3% below the last sale price of $515,000.
When was 5040 River Rd built?
5040 River Rd was built in 1988.
How does 5040 River Rd compare to others on River Rd?
We track 8 other properties on River Rd. Browse the list under "Other properties on River Rd" to compare beds, baths, and sale history.
What are the property facts for 5040 River Rd?
5040 River Rd is a 4 bed, 3 bath, 3,326 sqft, 20,499 sqft lot single_family.
Is 5040 River Rd a flip candidate?
Yes — 5040 River Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5040 River Rd a tax-appeal candidate?
No — 5040 River Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.7%
Implied 1-yr
+18.7%
2026 Q3
$517.5K
2026 Q4
$517.5K
ZIP 14072 — Median Price History + Forecast
Explore nearby
Geography
Other properties on River Rd