NOT LISTED FOR SALE

5312 Route 242 E Ellicottville, NY 14731

Estimated Value: $223,000 - $387,000

4 Beds
3 Baths
1,612 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $114,000 $71 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,786/month

129 Days on Market

Highlights

  • 1.57 Acre Lot
  • Deck
  • 1 Fireplace
  • Cape Cod Architecture
  • Wood Burning Stove
  • Bonus Room

About This Home

As of March 2018

Totally updated ski house boasts 2nd floor lockout suite with private entrance, full bath & kitchenette, besides the other 3 bedrooms, 2 full baths, a double living room & kitchen-dining area with sliding door to private back BBQ deck. Rear mudroom entry to the kitchen gathering area which leads to the living room with it's cozy wood stove. The front living room has a pool table & there's a first floor bedroom too. Fully furnished and decorated this has been a successful ski season rental for years, you can stay in the efficiency suite and rent the rest of the house, use as an investment and rent it as one 4 bedroom, 3 full bath home or live here yourself. An affordable way to enjoy everything Ellicottville has to offer!!

Last Agent to Sell the Property

Harry Weissman

Listing by ERA Team VP Real Estate License #40WE0853905 Listed on: 07/08/2017

ERA Team VP Real Estate

Last Buyer's Agent

Louise Oeffling

Listing by Keller Williams Realty Lancaster License #40OE0920364

Keller Williams Realty Lancaster

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1900

Lot Details

  • 1.57 Acre Lot
  • Lot Dimensions are 284 x 544
  • Pie Shaped Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,612 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Sliding Doors
  • Living Room
  • Bonus Room

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 043689-047-002-0001-003-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,059

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Ellicottville-043689
  • Total Assessed Value: 86600
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 284
  • Lot Dimension Front: 544
  • Lot Information: Primary Road
  • Lot Shape: Pie
  • Nearest Cross Street: Route 240
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 72611.46
  • Ratio Close Price By Sq Ft: 70.72
  • Ratio List Price By Acres: 75796.18
  • Ratio List Price By Sq Ft: 73.82
  • Regional Board Code: Buffalo
  • School Tax: 1792
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 383328
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Rt 242 E from Ellicottville, first house on the left after the Rt 240 intersection, 5 miles from the village.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Skylight, Sliding Glass Door, Sump Pump
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Foyer/Entry Hall, In-Law - see Remarks, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Country Kitchen
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 10
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1612

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Propane Tank - Owned, Thermal Windows - Some
  • Number of Acres: 1.5700

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Baseboard, Hot Water, Multi-Zone, Wood Auxiliary Unit
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: West Valley

Lot Info

  • Parcel Number: 043689-047-002-0001-003-001-0000

Tax Info

  • Total Taxes: 3059

MLS Schools

  • School District Name: West Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2017
Closed on
Mar 7, 2018
Sold by
Craft Mark
Bought by
Ratajczak John
Seller's Agent
Harry Weissman
ERA Team VP Real Estate
Buyer's Agent
Louise Oeffling
Keller Williams Realty Lancaster
List Price
$139,000
Sold Price
$114,000
Premium/Discount to List
-$25,000
-17.99%
Current Estimated Value
$261,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,147
Avg. Annual Appreciation
11.13%
Original Mortgage
$108,300
Outstanding Balance
$93,679
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$155,949

Purchase Details

Listed on
Jul 8, 2017
Closed on
Feb 27, 2018
Sold by
Craft Mark S and Craft Pamela S
Bought by
Ratajczak John A and Ratajczak Joann
Seller's Agent
Harry Weissman
ERA Team VP Real Estate
Buyer's Agent
Louise Oeffling
Keller Williams Realty Lancaster
List Price
$139,000
Sold Price
$114,000
Premium/Discount to List
-$25,000
-17.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Outstanding Balance
$93,679
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$155,949
Source: Public Records

Range of Values:

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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
Ratajczak John $110,000 None Available
Ratajczak John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratajczak John $108,300
Closed Ratajczak John A $108,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Sold $114,000 -4.2% $71 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
10/01/2017 10/01/17 Price Changed $119,000 -7.8% $74 / Sq Ft
09/15/2017 09/15/17 Price Changed $129,000 -3.7% $80 / Sq Ft
08/25/2017 08/25/17 Price Changed $134,000 -3.6% $83 / Sq Ft
07/08/2017 07/08/17 For Sale $139,000 -- $86 / 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 $4,278 $110,000 $35,500 $74,500
2023 $4,018 $110,000 $35,500 $74,500
2022 $3,398 $110,000 $35,500 $74,500
2021 $3,213 $110,000 $35,500 $74,500
2020 $3,518 $110,000 $35,500 $74,500
2019 $0 $110,000 $35,500 $74,500
2018 $2,983 $86,600 $35,500 $51,100
Source: Public Records

Agents Affiliated with this Home

  • Harry Weissman

    Seller's Agent in 2018

    Harry Weissman

    ERA Team VP Real Estate

    (716) 699-6990

    21 in this area

    42 Total Sales

    Section Image
  • Louise Oeffling

    Buyer's Agent in 2018

    Louise Oeffling

    Keller Williams Realty Lancaster

    (716) 307-4353

    43 in this area

    74 Total Sales

    Section Image
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Map

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

MLS Number: B1036657

Western New York Real Estate Information Services (WNYREIS)

APN: 043689 47.002-1-3.3

New York Cattaraugus County Ellicottville 14731

5312 Route 242 E, Ellicottville, NY

This home is located at 5312 Route 242 E, Ellicottville, NY 14731 since 08 July 2017 and is currently estimated at $279,388, approximately $173 per square foot. This property was built in 1900. 5312 Route 242 E is a home located in Cattaraugus County with nearby schools including West Valley Central School.

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