$200,000
SOLD NOV 22, 2024

2877 Five Mile Rd Allegany, NY 14706

3 Beds
1.5 Baths
1,344 Sq Ft
0.77 Acres

Recently Sold

$149 Per Sq Ft

13% Below List Price

52 Days on Market

Highlights

  • Indoor Spa
  • Recreation Room
  • 1 Fireplace
  • Deck
  • Main Floor Bedroom
  • Separate Formal Living Room

About This Home

As of November 2024

Welcome to this solid and well-maintained 3-bedroom ranch, nestled in a peaceful neighborhood. This delightful home features an open and airy floor plan, perfect for comfortable living and easy entertaining. As you step inside, you'll be greeted by a spacious living room filled with natural light from large windows, creating a warm and inviting atmosphere. Kitchen is small but very functional with a dining room adjacent to it for large gatherings. Bedrooms are spacious with abundance of closet space in each. 1.5 baths for added convenience. Full basement with rec room, laundry room and workshop area and plenty of storage. Breezeway allows you to enter the garage without having to go out in inclement weather. . Outside, enjoy the private backyard, perfect for summer barbecues and relaxation with your very own hot tub. 2 car garage offers great storage and workshop space.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-353-3222 License #30PA0967867 Listed on: 08/02/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-353-3222 License #30PA0967867 Listed on: 08/02/2024

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,283

Year Built

  • Built in 1969

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 150x225

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Driveway

Home Design

  • Block Foundation
  • Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Recreation Room
  • Indoor Spa
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Deck

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 042089-084-004-0002-006-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,283

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1969
  • Attribution Contact: 716-353-3222
  • ResoLaundryFeatures: In Basement
  • Road Frontage Type: Main Thoroughfare
  • Directions: From Olean take Buffalo St to Five Mile
  • Architectural Style: Ranch
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Separate/Formal Living Room, Hot Tub/Spa, Pull Down Attic Stairs, Bedroom on Main Level, Main Level Primary
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.7748
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Blacktop Driveway, Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Workshop in Garage

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Allegany-Limestone

Lot Info

  • Parcel Number: 042089-084-004-0002-006-000-0000
  • Lot Dimensions: 150X225
  • Lot Size Sq Ft: 33750.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4283.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Nov 20, 2024
Sold by
Mazza Mark B Est and Mazza
Bought by
Higby Robert
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Total Days on Market
52
Views
34
Current Estimated Value
$208,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,366
Avg. Annual Appreciation
3.24%
Original Mortgage
$194,000
Outstanding Balance
$193,082
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$11,766

Purchase Details

Closed on
Aug 2, 2017
Sold by
Mazza Alan R
Bought by
Mazza Mark B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1998
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $200,000 Misc Company
Interfamily Deed Transfer -- Nicholas A. Dicerbo, Jr.
Interfamily Deed Transfer -- Nicholas A. Dicerbo, Jr.
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,000 Purchase Money Mortgage
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $200,000 -12.7% $149 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $229,000 -- $170 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,285 $125,000 $13,400 $111,600
2023 $4,283 $125,000 $13,400 $111,600
2022 $4,053 $125,000 $13,400 $111,600
2021 $4,096 $125,000 $13,400 $111,600
2020 $4,155 $125,000 $13,400 $111,600
2019 $1,242 $125,000 $13,400 $111,600
2018 $4,275 $125,000 $13,400 $111,600
2017 $2,860 $100,500 $10,900 $89,600
2016 $4,177 $100,500 $10,900 $89,600
2015 -- $100,500 $10,900 $89,600
2014 -- $100,500 $10,900 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1555960

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042089-084-004-0002-006-000-0000