NOT LISTED FOR SALE

7120 Poverty Hill Rd Ellicottville, NY 14731

3 Beds
3 Baths
2,224 Sq Ft
2.55 Acres

Last Sold November 11, 2022

Last sale price $650,000 $292 Per Sq Ft

45 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Wooded Lot
  • 2.55 Acre Lot
  • Secluded Lot
  • Cathedral Ceiling

About This Home

As of November 2022

A one of a kind property located in the four season resort of Ellicottville. Over 2 ½ acres of natural beauty will create family memories year-round. Both chalets are in excellent condition. Only a 5 minute drive to downtown and the ski slopes. Great privacy and ideal for group gatherings. The flexibility of having two rustic chalets on the same property gives you the opportunity of renting one out through AirBNB as the current owners have done and live in the other very inexpensively. Many updates include: The main chalet which has granite counter tops and a stunning stone fireplace. Open flow first floor with a separate coffee/bar area. Firepit area for and covered porch for summer fun. Deep two car garage for cars and your four wheelers or snowmobiles. The back cabin is a rustic bungalow with a loft bedroom and two covered porches. A nice fire-pit area is a real renter favorite.
Rentals in the back cabin in 2021 totaled $35,000. The front house was rented much less because of owner use and grossed $14,000. The front house can demand double the rent of the back cabin.

Last Agent to Sell the Property

Andrew Cerza

Listing by HUNT Real Estate Corporation License #10401337221 Listed on: 07/08/2022

HUNT Real Estate Corporation

Last Buyer's Agent

Andrew Cerza

Listing by HUNT Real Estate Corporation License #10401337221 Listed on: 07/08/2022

HUNT Real Estate Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,984

Year Built

  • Built in 1928

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 1,000 x 211
  • Secluded Lot
  • Wooded Lot
  • Private Yard

Home Design

  • Log Cabin
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Sliding Doors
  • Combination Kitchen and Living
  • Home Office
  • Loft
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Gas
  • Programmable Thermostat
  • Well
  • Propane Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 043689-046-002-0001-009-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,984

Year Built

Built in 1928

Lot Details

0

Listing Details

  • NY Swis Code: Ellicottville-043689
  • Total Assessed Value: 350000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1000
  • Lot Dimension Front: 211
  • Lot Information: Secluded, Wooded Lot
  • Lot Number: 9
  • Nearest Cross Street: Dickey
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 254901.96
  • Ratio Close Price By Sq Ft: 292.27
  • Ratio List Price By Acres: 274117.65
  • Ratio List Price By Sq Ft: 314.30
  • Regional Board Code: Buffalo
  • School Tax: 3267
  • Styles of Residence: 2 Story, Cabin
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 111078
  • Age of Building: 94
  • Year Built: 1928
  • Above Grade Finished Sq Ft: 2224
  • Directions To Property: From the north take Lindberg St off 219 to Poverty Hill Rd. Go left on Dickey Rd and the prop. is on the right. From Town, take Maples RD to Poverty Hill Rd. Park at the start of the roadwork, 100ft walk to prop. on the right.
  • Sq Ft Total Pub: 2224
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1928

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Dry Bar, Natural Woodwork - some, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, In-Law - see Remarks, Laundry-1st Floor, Living Room, Loft, Office, Porch - Open
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Disposal, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator, Wine Chiller(s)
  • Kitchen Dining Description: Eat-In, Granite Counter, Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Gas: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2224

Exterior Features

  • Construction: Log Home, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet, Private Yard - see Remarks, Propane Tank - Leased
  • Number of Acres: 2.5500

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: AC Unit-Wall, AC-Central, Forced Air, Heated Floors, Multi-Zone, Programmable Thermostat, Wall Furnace
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Ellicottville

Lot Info

  • Parcel Number: 043689-046-002-0001-009-004-0000

Tax Info

  • Total Taxes: 7984

MLS Schools

  • School District Name: Ellicottville

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2022 11/11/22 Sold $650,000 -7.0% $292 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $699,000 +88.9% $314 / Sq Ft
11/23/2020 11/23/20 Sold $370,000 -4.9% $166 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $389,000 -- $175 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1416596

Western New York Real Estate Information Services (WNYREIS)