NOT LISTED FOR SALE

5736 School Rd Castile, NY 14427

Estimated Value: $136,000 - $206,000

2 Beds
1 Bath
1,454 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2023

Last sale price $115,000 $79 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,188 / mo

36 Days on Market

Highlights

  • 22.86 Acre Lot
  • Wooded Lot
  • Separate Formal Living Room
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of March 2023

This is an Estate property and will be offered for sale with online bidding only. The home & 2 Car Garage set on a 22.8 acres parcel. Selling in 2 Parcels: Parcel #1 House with 5 acres & Parcel #2 Selling 17.8 acres parcel. 1/2 Mile East of Letchworth Central School. The 2 parcels sell with good & clear title, updated abstract, new survey for each parcel, taxes paid to date of closing & Wyoming County Health Dept. water & septic approval. This is an Estate property so it will be Sold in As-Is condition so be sure to come to open house to view.
Please have your funds in line prior to bidding on these 2 parcels. Bidder must show proof of funds at least 4 days prior to close of online bidding. No contingencies will be accepted.
On-line bidding closes Monday November 28th at 7:00 PM (Soft Close)
Terms: Selling As-Is, Cash or Check at closing, 3% Buyer Premium over and above final purchase price.
Please Note: This property division has been approved by the Town of Gainesville.

Last Agent to Sell the Property

Michael Whalen

Listing by Bid-n-Buy Realty & Auctions License #37WH0887020 Listed on: 10/25/2022

Last Buyer's Agent

Michael Whalen

Listing by Bid-n-Buy Realty & Auctions License #37WH0887020 Listed on: 10/25/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1885

Lot Details

  • 22.86 Acre Lot
  • Lot Dimensions are 507x1952
  • Rural Setting
  • Rectangular Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,454 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Enclosed Patio or Porch
  • Agricultural

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 563289-146-000-0001-004-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 1885

Lot Details

22.86 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1885
  • ResoLaundryFeatures: Main Level
  • Lot Features: Agricultural, Rectangular, Rectangular Lot, Rural Lot, Wooded
  • Directions: Located between Gainesville and Castile - Property is located 1/2 mile east of Letchworth Central School on the corner of School Road and Hoehandle Road.
  • Architectural Style: Cape Cod, Two Story
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Eat-in Kitchen, Separate/Formal Living Room, Country Kitchen, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: Auction

Interior Features

  • Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 22.86
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Letchworth

Lot Info

  • Parcel Number: 563289-146-000-0001-004-000-0000
  • Lot Dimensions: 507X1952
  • Lot Size Sq Ft: 995782.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2335.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Mar 17, 2023
Sold by
Sager Joyce A Est and Grisewood
Bought by
Hamilton Ryan J
Seller's Agent
Michael Whalen
Bid-n-Buy Realty & Auctions
Buyer's Agent
Michael Whalen
Bid-n-Buy Realty & Auctions
List Price
$189,000
Sold Price
$115,000
Premium/Discount to List
-$74,000
-39.15%
Views
34
Current Estimated Value
$172,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,223
Avg. Annual Appreciation
13.96%
Original Mortgage
$106,605
Outstanding Balance
$103,234
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,989
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
Hamilton Ryan J $118,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Ryan J $106,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $115,000 -39.2% $79 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $189,000 -- $130 / Sq Ft
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
2024 $3,301 $121,000 $33,000 $88,000
2023 $3,035 $101,000 $31,000 $70,000
2022 $2,988 $101,000 $40,500 $60,500
2021 $3,048 $101,000 $40,500 $60,500
2020 $1,792 $88,000 $38,000 $50,000
2019 $1,913 $88,000 $38,000 $50,000
2018 $1,913 $88,000 $38,000 $50,000
2017 $1,906 $88,000 $38,000 $50,000
2016 $1,724 $88,000 $38,000 $50,000
2015 -- $69,800 $24,600 $45,200
2014 -- $69,800 $24,600 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1441157

Western New York Real Estate Information Services (WNYREIS)

APN: 563289-146-000-0001-004-000-0000

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