NOT LISTED FOR SALE

603 Swede Rd Panama, NY 14767

Estimated Value: $166,000 - $200,000

2 Beds
2 Baths
1,764 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $160,000 $91 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,292/month

7 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Wooded Lot
  • 17.1 Acre Lot
  • Wood Burning Stove
  • Whirlpool Bathtub

About This Home

As of July 2022

Appetite for acres? This updated 2-bedroom country ranch on 17.10 acres in the Panama area. Enjoy approx. 1000 acres of NYS state land surrounding it. There are several storage sheds plus a 2+ car free standing garage with another shed attached to the rear of the garage for lawn mower or snow blower, etc. This home has a large room and open concept plus a 24’ x 24’ main suite which consists of 17’ x 26’ bedroom/sitting room and a beautiful bath with jelled tub plus a walk-in shower. Let’s not forget the oversized walk-in closet with a gun safe. The great room opens to a modern kitchen, dining area and living room. The 2nd full bath, 2nd bedroom and laundry room are reached off the great room. The large laundry room, previously the 3rd bedroom, leads to the back yard and the main primary bedroom suite. The partial basement is a walk in with a man door not a belco door. Enjoy the trails throughout the woods today, enjoy the growing timber when ever you decide. Quote 2 years ago was $4,000 to $5,000. Come see this home nestled in natures care! Hunters are welcome! PLEASE NOTE DELAYED NEGOTIATION. ALL OFFERS DUE 5/1 AT 6:00 PM

Last Agent to Sell the Property

Sandra Haines

Listing by Howard Hanna Holt - Lakewood License #30HA0880205 Listed on: 04/25/2022

Howard Hanna Holt - Lakewood

Last Buyer's Agent

William Burley

Listing by Century 21 Turner Brokers License #10311209727

Century 21 Turner Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1997

Lot Details

  • 17.1 Acre Lot
  • Lot Dimensions are 330 x 1,154
  • Irregular Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Thermal Windows
  • Great Room
  • Open Floorplan
  • Living Room
  • Partial Basement
  • Laundry on main level

Kitchen

  • Gas Range
  • Free-Standing Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed

Schools

  • Panama K-6 Elementary School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Baseboard Heating
  • 220 Volts in Garage
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 064889-433-000-0001-052-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,532

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Harmony-064889
  • Total Assessed Value: 115000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 330
  • Lot Dimension Front: 1154
  • Lot Information: Agricultural District, Horses Permitted, Rural Road, Wooded Lot
  • Lot Number: 52
  • Lot Shape: Irregular
  • Nearest Cross Street: BUTTON VALLEY
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 9356.73
  • Ratio Close Price By Sq Ft: 90.70
  • Ratio List Price By Acres: 9046.78
  • Ratio List Price By Sq Ft: 87.70
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles, Sloped
  • School Tax: 2105
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 744876
  • Ad Copy: Country 2 bedroom, Ranch Situated on approx.. 17.1 ACRES in Panama.. State lands behind and across the roadHE ROAD
  • Ad Headline: State Lands next door.
  • Age of Building: 25
  • Garage Amenities: Electrical Service
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1764
  • Directions To Property: RT. 474 TO SWEDE RD, FROM THE MIDDLE OF ASHVILLE. AT STOP SIGN GO STRAIGHT, THAN KEEP RIGHT AT THE CURVE . CONTINUE ON SWEDE HILL ROAD UNTIL ALMOST THE END OF ROAD-PROPERTY ON THE RIGHT
  • Sq Ft Total Pub: 1764
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Copper Plumbing - Some, Whirlpool Tub
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, 1st Floor Master Suite, Great Room, Laundry-1st Floor, Living Room, Master Bedroom Bath
  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Oven/Range Gas
  • Kitchen Dining Description: Kitchen/Family Room Combo, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Pellet: 1
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1764

Exterior Features

  • Construction: Frame, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet, Propane Tank - Leased, Thermal Windows - Some
  • Number of Acres: 17.1000

Garage/Parking

  • Driveway Description: Blacktop, Double Wide
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Electric
  • Hvac Type: Baseboard, Hot Water
  • Sewer Description: Septic
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Panama
  • Elementary School: Panama K-6

Lot Info

  • Parcel Number: 064889-433-000-0001-052-000

Tax Info

  • Total Taxes: 3532

MLS Schools

  • Elementary School Name: Panama K-6
  • School District Name: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 5, 2022
Sold by
Love John F
Bought by
Bowman Megan D
Seller's Agent
Sandra Haines
Howard Hanna Holt - Lakewood
Buyer's Agent
William Burley
Century 21 Turner Brokers
List Price
$154,700
Sold Price
$160,000
Premium/Discount to List
$5,300
3.43%
Current Estimated Value
$181,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,665
Avg. Annual Appreciation
7.75%
Original Mortgage
$120,000
Outstanding Balance
$114,834
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,799

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 28, 2022
Sold by
Love Iv John F
Bought by
Bowman Megan D
Seller's Agent
Sandra Haines
Howard Hanna Holt - Lakewood
Buyer's Agent
William Burley
Century 21 Turner Brokers
List Price
$154,700
Sold Price
$160,000
Premium/Discount to List
$5,300
3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$114,834
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,799

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 30, 2017
Sold by
Kanouff Robert H
Bought by
Love John F Iv
Seller's Agent
Sarah Hallberg
Real Estate Advantage
Buyer's Agent
Tarrin Nocero
Howard Hanna Holt - Lakewood
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$92,000
Interest Rate
4.02%
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
Bowman Megan D $160,000 None Available
Bowman Megan D $160,000 None Listed On Document
Love John F Iv $115,000 R Shane Uber
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Megan D $120,000
Closed Bowman Megan D $120,000
Previous Owner Love John F Iv $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $160,000 +3.4% $91 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $154,700 +34.5% $88 / Sq Ft
06/06/2017 06/06/17 Sold $115,000 0.0% $65 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $115,000 -- $65 / 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 $3,626 $115,000 $32,300 $82,700
2023 $3,616 $115,000 $32,300 $82,700
2022 $3,448 $115,000 $32,300 $82,700
2021 $3,512 $115,000 $32,300 $82,700
2020 $3,511 $115,000 $32,300 $82,700
2019 $5,790 $115,000 $32,300 $82,700
2018 $5,790 $115,000 $32,300 $82,700
2017 $2,066 $97,500 $28,600 $68,900
2016 $2,021 $97,500 $28,600 $68,900
2015 -- $97,500 $28,600 $68,900
2014 -- $97,500 $28,600 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1401238

Chautauqua-Cattaraugus Board of REALTORS®

APN: 064889-433-000-0001-052-000