NOT LISTED FOR SALE

5673 Bonn Way E Great Valley, NY 14741

Estimated Value: $35,417 - $94,000

1.1 Acres
$54,672 Price per Acre
47,916 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $30,000

Est. 98% increase in value since last sale

Current estimated payment $454/month

435 Days on Market

Highlights

  • Scenic Views
  • Partially Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of September 2022

One acre lots with all infrastructure (water, sewer, power, telephone, and soon-to-be-installed fiber optic internet) at the lot line. Protective covenants in a rural setting. Five miles from Ellicottville and Holiday Valley. Financing available. Plan your new retreat!

Last Agent to Sell the Property

Greg Spako

Listing by ERA Team VP Real Estate License #10301201659 Listed on: 03/09/2021

ERA Team VP Real Estate

Last Buyer's Agent

Frank Sandor

Listing by MJ Peterson Real Estate Inc. License #10401204018

MJ Peterson Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $998

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 299 x 174
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Property Views

  • Scenic Vista Views

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 56.004-2-6

Property Details

Property Type

Land

Est. Annual Taxes

$998

Lot Details

0

Listing Details

  • Restrictions: Deed
  • Topography: Rolling, Scenic, Slight Slope
  • NY Swis Code: Great Valley-044400
  • Total Assessed Value: 18100
  • Development Status: Raw Land
  • Land Features: Scenic View, Wooded - Partial
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 299
  • Lot Dimension Front: 174
  • Lot Information: Rural
  • Nearest Cross Street: Sugartown
  • Possible Uses: Recreational, Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 27272.73
  • Ratio List Price By Acres: 30909.09
  • Regional Board Code: Buffalo
  • School Tax: 313
  • Sub Board Code: Buffalo
  • Tax Information: To be subdivided, taxes based on larger parcel
  • Type: Building Lot, Recreation, Residential
  • Type of Sale: Normal
  • Directions To Property: Easy drive from Ellicottville, Mill Street to Sugartown Road, Left on Bonn Way
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: Rural, Town
  • Number of Acres: 1.1000

Utilities

  • Utilities On-site: Electric, Sanitary Sewer, Water
  • Waste Disposal: Sewer Connected
  • Water Supply: At Street, Connection, Public

Schools

  • School District: Ellicottville

Lot Info

  • Parcel Number: 56.004-2-6

Tax Info

  • Total Taxes: 998

MLS Schools

  • School District Name: Ellicottville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
49 Bonn Ridge Development
Bought by
49 Bonn Ridge Development
Current Estimated Value
$59,290

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 28, 2020
Sold by
Barnes Lynn
Bought by
49 Bonn Ridge Development
Seller's Agent
Fredrick Graham
Holiday Valley Realty Co, Inc
Buyer's Agent
Greg Spako
ERA Team VP Real Estate
List Price
$15,000
Sold Price
$12,000
Premium/Discount to List
-$3,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.57%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
49 Bonn Ridge Development -- None Available
49 Bonn Ridge Development $24,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palumbo Patrick $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $30,000 -11.8% --
05/18/2022 05/18/22 Pending -- -- --
09/30/2021 09/30/21 Price Changed $34,000 +6.3% --
03/09/2021 03/09/21 For Sale $32,000 +166.7% --
12/30/2020 12/30/20 Sold $12,000 -20.0% --
09/25/2020 09/25/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $15,000 -- --
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 $1,515 $34,800 $34,800 $0
2023 $1,168 $34,800 $34,800 $0
2022 $1,140 $34,800 $34,800 $0
2021 $582 $18,300 $18,300 $0
2020 $576 $18,300 $18,300 $0
2019 $279 $18,300 $18,300 $0
2018 $700 $24,500 $24,500 $0
2017 $1,019 $32,000 $32,000 $0
2016 $900 $32,000 $32,000 $0
2015 -- $32,000 $32,000 $0
2014 -- $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1321676

Western New York Real Estate Information Services (WNYREIS)

APN: 044400-056-004-0002-006-000-0000