NOT LISTED FOR SALE

3081 W Five Mile Rd Allegany, NY 14706

Estimated Value: $431,000 - $523,000

8 Beds
6.5 Baths
5,503 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $305,000 $55 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,452/month

Highlights

  • Built-In Refrigerator
  • 7.6 Acre Lot
  • Wood Flooring
  • Allegany-Limestone Elementary School Rated 9+
  • Wooded Lot
  • 3 Fireplaces

About This Home

As of December 2018

This home is located at 3081 W Five Mile Rd, Allegany, NY 14706 since 08 October 2018 and is currently estimated at $493,074, approximately $89 per square foot. This property was built in 1970. 3081 W Five Mile Rd is a home located in Cattaraugus County with nearby schools including Allegany-Limestone Elementary School and Allegany-Limestone Middle-High School.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 10/08/2018

Howard Hanna Professionals - Olean

Last Buyer's Agent

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,050

Year Built

  • Built in 1970

Lot Details

  • 7.6 Acre Lot
  • Lot Dimensions are 630 x 490
  • Partially Fenced Property
  • Irregular Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 5,503 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Home Office
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • In-Law or Guest Suite

Parking

  • 6 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Programmable Thermostat
  • Well
  • Oil Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 042089-084-002-0001-019-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,050

Year Built

Built in 1970

Lot Details

0

Listing Details

  • NY Swis Code: Allegany-042089
  • Total Assessed Value: 350000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 630
  • Lot Dimension Front: 490
  • Lot Information: Wooded Lot
  • Lot Number: 19
  • Lot Shape: Irregular
  • Nearest Cross Street: Wing Hollow
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 40131.58
  • Ratio Close Price By Sq Ft: 55.42
  • Ratio List Price By Acres: 44065.79
  • Ratio List Price By Sq Ft: 60.86
  • Regional Board Code: Rochester
  • School Tax: 6194
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 331056
  • Age of Building: 52
  • Year Built: 1970
  • Directions To Property: On West Five Mile
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Full Bathrooms: 6
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room, Family Room, Foyer/Entry Hall, In-Law Suite, Laundry-1st Floor, Office, Porch - Open
  • Basement Description: Finished, Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Freestanding, Range Hood-Exhaust Fan, Refrigerator-Built In
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Pantry, Solid Surface Counter
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 5
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Gas: 2
  • Number of Fireplaces Total Calculated: 3
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 3
  • Number of Full Bathrooms in the Basement: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 15
  • Half Bathrooms: 1
  • Total Bathrooms: 6.10
  • Total Bedrooms: 8
  • Total Sq Ft: 5503

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet, Partially Fenced Yard, Patio
  • Number of Acres: 7.6000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached, Detached
  • Number of Garage Spaces: 6.0000

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: AC-Central, Baseboard, Hot Water, Multi-Zone, Programmable Thermostat
  • Sewer Description: Septic
  • Water Heater Fuel: Oil

Schools

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

Lot Info

  • Parcel Number: 042089-084-002-0001-019-000-0000

Tax Info

  • Total Taxes: 13050

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 8, 2018
Closed on
Dec 24, 2018
Sold by
Russell Spencer K
Bought by
Bell Oakes
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$34,900
Sold Price
$305,000
Premium/Discount to List
$270,100
773.93%
Current Estimated Value
$493,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,074
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Feb 14, 2016
Closed on
May 25, 2016
Sold by
Hilal Naheed
Bought by
Russell Spencer K
Seller's Agent
Tina Dillon
Keller Williams Realty Lancaster
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$338,800
Sold Price
$275,000
Premium/Discount to List
-$63,800
-18.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$217,600
Interest Rate
3.66%
Mortgage Type
New Conventional
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
Bell Oakes $305,000 None Available
Bell Oakes $305,000 None Available
Russell Spencer K $272,000 Brian Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Spencer K $217,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $305,000 -8.9% $55 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $334,900 +859.6% $61 / Sq Ft
10/08/2018 10/08/18 For Sale $34,900 -87.3% $6 / Sq Ft
05/25/2016 05/25/16 Sold $275,000 -18.8% $50 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $338,800 -- $62 / 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 $9,427 $275,000 $26,700 $248,300
2023 $9,422 $275,000 $26,700 $248,300
2022 $8,916 $275,000 $26,700 $248,300
2021 $9,011 $275,000 $26,700 $248,300
2020 $9,140 $275,000 $26,700 $248,300
2019 $6,167 $275,000 $26,700 $248,300
2018 $9,405 $275,000 $26,700 $248,300
2017 $13,051 $350,000 $36,400 $313,600
2016 $12,886 $350,000 $36,400 $313,600
2015 -- $350,000 $36,400 $313,600
2014 -- $350,000 $36,400 $313,600
Source: Public Records

Agents Affiliated with this Home

  • Dennis Pezzimenti

    Seller's Agent in 2018

    Dennis Pezzimenti

    Howard Hanna

    (716) 378-8989

    10 in this area

    56 Total Sales

    Dennis Pezzimenti
    Section Image

  • M

    Buyer's Agent in 2018

    Mary Karst

    Howard Hanna

    Section Image
  • Tina Dillon

    Seller's Agent in 2016

    Tina Dillon

    Keller Williams Realty Lancaster

    (716) 474-5646

    2 in this area

    311 Total Sales

    Tina Dillon
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1153184

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042089-084-002-0001-019-000-0000

New York Cattaraugus County Allegany Township 14706

3081 W Five Mile Rd, Allegany Township, NY

This home is located at 3081 W Five Mile Rd, Allegany, NY 14706 since 08 October 2018 and is currently estimated at $493,074, approximately $89 per square foot. This property was built in 1970. 3081 W Five Mile Rd is a home located in Cattaraugus County with nearby schools including Allegany-Limestone Elementary School and Allegany-Limestone Middle-High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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