NOT LISTED FOR SALE

1122 Four Mile Rd Allegany, NY 14706

Estimated Value: $374,090 - $437,000

4 Beds
3.5 Baths
3,916 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $220,000 $56 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,824/month

326 Days on Market

Highlights

  • Horses Allowed On Property
  • Indoor Pool
  • 3.35 Acre Lot
  • Allegany-Limestone Elementary School Rated 9+
  • Built-In Refrigerator
  • Deck

About This Home

As of October 2016

Great view of the hills from every direction on this Allegany home with a wonderful open floor plan. There are four bedrooms and three and half bathrooms. The master bathroom has recently been remodeled and is beautiful. The kitchen has all appliances included especially a new Subzero built in refrigerator. The kitchen is open to the family room with a wood burning fireplace and living room. The floors are all special ordered and made of White Oak plank and Santos Mahogany. The backyard is awesome with and inground pool and hot tub surrounded by weather resistant exotic wood decking.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 10/11/2015

Howard Hanna Professionals - Olean

Last Buyer's Agent

Merilyn Mang

Listing by No Office Affiliation License #40MA0904168

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,730

Year Built

  • Built in 1988

Lot Details

  • 3.35 Acre Lot
  • Lot Dimensions are 360 x 402
  • Irregular Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,916 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Partially Finished Basement
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Built-In Refrigerator
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Allegany Elementary School
  • Allegany-Limestone Middle School
  • Allegany-Limestone High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 042089-102-002-0001-036-003-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,730

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 27
  • NY Swis Code: Allegany-042089
  • Total Assessed Value: 235000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 360
  • Lot Dimension Front: 402
  • Lot Information: Horses Permitted
  • Lot Shape: Irregular
  • L P Per Acre: 83283.5821
  • List Price per Sq Ft: 71.2461
  • Nearest Cross Street: Hawthorn Lane
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 65671.64
  • Ratio Close Price By Sq Ft: 56.18
  • Ratio List Price By Acres: 83283.58
  • Ratio List Price By Sq Ft: 71.25
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 4222
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 279000.00
  • Year Built Description: Existing
  • Age of Building: 34
  • Year Built: 1988
  • Directions To Property: Turn onto Four Mile Road. Home is on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Drapes - Some, Indoor Pool, Natural Woodwork - some
  • Additional Rooms: 1st Floor Master Bedroom, Basement / Rec Room, Family Room, Laundry-1st Floor, Living Room, Master Bedroom Bath, Office, Porch - Open
  • Basement Description: Exterior Walkout, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Oven/Range Built-In, Refrigerator-Built In
  • Kitchen Dining Description: Breakfast Bar, Formal Dining Room, Pantry, Solid Surface Counter
  • Number of Bedrooms 1st Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 9
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • Total Sq Ft: 3916

Exterior Features

  • Construction: Stone, Vinyl
  • Additional Exterior Features: Deck, Garage Door Opener, Pool-In Ground, Propane Tank - Leased, Satellite Dish
  • Number of Acres: 3.3500

Garage/Parking

  • Driveway Description: Concrete, Stone/Gravel
  • Garage Description: Attached
  • Number of Garage Spaces: 2.5000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Allegany-Limestone
  • Elementary School: Allegany Elementary
  • Middle School: Allegany-Limestone Middle
  • High School: Allegany-Limestone High

Lot Info

  • Parcel Number: 042089-102-002-0001-036-003-0000

Tax Info

  • Total Taxes: 8730

MLS Schools

  • Elementary School Name: Allegany Elementary
  • High School Name: Allegany-Limestone High
  • Middle School Name: Allegany-Limestone Middle
  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2015
Closed on
Oct 24, 2016
Sold by
Mehta Rakesh
Bought by
Simpson Joel R
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$299,000
Sold Price
$220,000
Premium/Discount to List
-$79,000
-26.42%
Current Estimated Value
$406,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,023
Avg. Annual Appreciation
6.48%
Original Mortgage
$176,000
Outstanding Balance
$79,838
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$304,025

Purchase Details

Closed on
Dec 22, 2003
Sold by
Yuhas Barry J-Suzanne
Bought by
Mehta Rakesh
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Simpson Joel R $220,000 Nicholas A., Jr Dicerbo
Mehta Rakesh $1,833,500 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Joel R $176,000
Previous Owner Mehta Rakesh $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2016 10/27/16 Sold $220,000 -26.4% $56 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
10/11/2015 10/11/15 For Sale $299,000 -- $76 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,542 $220,000 $16,400 $203,600
2023 $7,538 $220,000 $16,400 $203,600
2022 $7,133 $220,000 $16,400 $203,600
2021 $7,209 $220,000 $16,400 $203,600
2020 $7,312 $220,000 $16,400 $203,600
2019 $3,612 $220,000 $16,400 $203,600
2018 $7,524 $220,000 $16,400 $203,600
2017 $8,763 $235,000 $12,800 $222,200
2016 $8,124 $235,000 $12,800 $222,200
2015 -- $235,000 $12,800 $222,200
2014 -- $235,000 $12,800 $222,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B486951

Western New York Real Estate Information Services (WNYREIS)

APN: 042089-102-002-0001-036-003-0000