NOT LISTED FOR SALE

5687 Bonn Way E Great Valley, NY 14741

Estimated Value: $46,000 - $75,000

1.1 Acres
$59,443 Price per Acre
47,916 Sq Ft Lot

Sale Details

Date Sold: September 9, 2022

Last sale price $30,000

Est. 118% increase in value since last sale

Current estimated payment $433 / mo

435 Days on Market

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

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 171x262
  • Property fronts a county road
  • Gentle Sloping Lot

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 56.004-2-8

Property Details

Property Type

Land

Est. Annual Taxes

$998

Lot Details

1.1 Acres

Listing Details

  • Topography: Sloping
  • Development Status: Clear, Raw Land
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Lot Features: Residential Lot, Gentle Sloping
  • Road Frontage Type: County Road
  • Directions: Mill Street TO Sugartown Road TO Bonn Way.
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

  • Acres: 1.1
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Utilities: Water Available, Sewer Available
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Ellicottville

Lot Info

  • Parcel Number: 56.004-2-8
  • Lot Dimensions: 171X262
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Aug 29, 2022
Sold by
49 Bonn Rdg Dev Llc
Bought by
Palumbo Patrick
Seller's Agent
Greg Spako
ERA Team VP Real Estate
Buyer's Agent
Frank Sandor
MJ Peterson Real Estate Inc.
List Price
$32,000
Sold Price
$30,000
Premium/Discount to List
-$2,000
-6.25%
Views
1
Current Estimated Value
$65,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,387
Avg. Annual Appreciation
23.72%
Original Mortgage
$33,000
Outstanding Balance
$31,343
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$34,044

Purchase Details

Closed on
Nov 30, 2021
Sold by
49 Bonn Ridge Development
Bought by
49 Bonn Ridge Development

Purchase Details

Closed on
Apr 4, 2001
Sold by
Miller Rene
Bought by
Kopec Alphonse A
Source: Public Records
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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
Palumbo Patrick $60,000 Stewart Title
49 Bonn Ridge Development -- None Available
Kopec Alphonse A $3,650 --
Source: Public Records

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2022 09/09/22 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% -- View Prior Sale
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

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
2025 $1,035 $40,600 $40,600 $0
2024 $1,091 $34,800 $34,800 $0
2023 $1,168 $34,800 $34,800 $0
2022 $1,140 $34,800 $34,800 $0
2021 $576 $18,100 $18,100 $0
2020 $570 $18,100 $18,100 $0
2019 $279 $18,100 $18,100 $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: B1321577

Western New York Real Estate Information Services (WNYREIS)

APN: 044400-056-004-0002-008-000-0000

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