NOT LISTED FOR SALE

7316 Poverty Hill Rd Ellicottville, NY 14731

Estimated Value: $183,000 - $259,000

2 Beds
1 Bath
889 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $129,000 $145 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,401/month

10 Days on Market

Highlights

  • 4.59 Acre Lot
  • Secluded Lot
  • Breakfast Room
  • Deck
  • Wooded Lot
  • Log Cabin

About This Home

As of July 2018

Looking for that special location 3 miles from the Village of Ellicottville nestled in the woods, look no further. This cute and cozy cabin offers that private spot everyone will enjoy. A front deck plus a back brick patio to enjoy the wildlife and tranquility all 4 seasons. Nice wall stone wood burning fireplace for those cold winter nights plus forced air propane furnace. 3 cute storage sheds for lawn and garden equipment. Offers 1 private bedroom plus 2 built-in bunk sleeping areas. With a pull out couch it can sleep up to 8 people. Nice rustic wood interior. Newer metal roof plus new septic system just over a year ago. When you enter the driveway there are 2 separate accesses to the cabin (Try the private right side or the shorter left access. Have a look today. Priced to sell.

Last Agent to Sell the Property

David Blanchard

Listing by Keller Williams Realty Lancaster License #10301201493 Listed on: 05/21/2018

Keller Williams Realty Lancaster

Last Buyer's Agent

Melanie Pritchard

Listing by ERA Team VP Real Estate License #10301205733

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 1968

Lot Details

  • 4.59 Acre Lot
  • Lot Dimensions are 455 x 747
  • Secluded Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Block Foundation

Interior Spaces

  • 889 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Sliding Doors
  • Living Room
  • Breakfast Room
  • Crawl Space
  • Scuttle Attic Hole
  • Country Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Circular Driveway
  • Stone Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 043689-046-002-0001-003-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,247

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Ellicottville-043689
  • Total Assessed Value: 97000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 455
  • Lot Dimension Front: 747
  • Lot Information: Secluded, Secondary Road, Wooded Lot
  • Lot Number: 3
  • Nearest Cross Street: Lindberg Road
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 28104.58
  • Ratio Close Price By Sq Ft: 145.11
  • Ratio List Price By Acres: 29346.41
  • Ratio List Price By Sq Ft: 151.52
  • Regional Board Code: Buffalo
  • School Tax: 834
  • Styles of Residence: Cabin
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 199940
  • Age of Building: 54
  • Year Built: 1968
  • Directions To Property: Take Maples Road to Poverty Hill. Follow up Poverty Hill approx. 2+ miles and look for the sign on the right
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1968

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Natural Woodwork - some, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, Foyer/Entry Hall, Laundry-1st Floor, Living Room
  • Attic Description: Crawl Space, Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Breakfast Room, Country Kitchen, Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 889

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck, Patio, Thermal Windows - Some
  • Number of Acres: 4.5900

Garage/Parking

  • Driveway Description: Circular, Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Propane, Wood
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Ellicottville

Lot Info

  • Parcel Number: 043689-046-002-0001-003-000-0000

Tax Info

  • Total Taxes: 2247

MLS Schools

  • School District Name: Ellicottville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 20, 2018
Sold by
Carpenter Lynn Anne
Bought by
Pierce Ansel John and Pierce P
Seller's Agent
David Blanchard
Keller Williams Realty Lancaster
Buyer's Agent
Melanie Pritchard
ERA Team VP Real Estate
List Price
$134,700
Sold Price
$129,000
Premium/Discount to List
-$5,700
-4.23%
Current Estimated Value
$215,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,244
Avg. Annual Appreciation
7.84%
Original Mortgage
$103,200
Outstanding Balance
$90,181
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$129,977

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 16, 2018
Sold by
Carpenter Lynn Anne
Bought by
Pierce Ansel John and Pierce P
Seller's Agent
David Blanchard
Keller Williams Realty Lancaster
Buyer's Agent
Melanie Pritchard
ERA Team VP Real Estate
List Price
$134,700
Sold Price
$129,000
Premium/Discount to List
-$5,700
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Outstanding Balance
$90,181
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$129,977

Purchase Details

Closed on
Jun 12, 2017
Sold by
847 Main St Llc
Bought by
Kelly Family Properties Llc

Purchase Details

Closed on
Dec 23, 2016
Sold by
Clarke Stephen R. Kulikowski, Frederic
Bought by
847 Main St Llc

Purchase Details

Closed on
Jan 6, 2011
Sold by
Basalyga Nancy
Bought by
Carpenter Lynn

Purchase Details

Closed on
May 7, 2004
Sold by
Zalar Andrew
Bought by
Clarke Stephen

Purchase Details

Closed on
Mar 5, 2004
Sold by
Basalyga Ronald
Bought by
Basalyga Nancy

Purchase Details

Closed on
Apr 7, 1997
Sold by
Zielin Ronald
Bought by
Basalyga Ronald
Source: Public Records

Range of Values:

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Average Value
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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
Pierce Ansel John $129,000 None Available
Pierce Ansel John $129,000 None Available
Pierce 2Nd Ansel J -- --
Kelly Family Properties Llc -- --
847 Main St Llc $75,000 Richard Attea
Carpenter Lynn -- Peter C Wiltse
Clarke Stephen $47,500 Ross A Peters
Basalyga Nancy -- Richard Schaus
Basalyga Ronald $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Ansel John $103,200
Closed Pierce 2Nd Ansel J $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $129,000 -4.2% $145 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $134,700 -- $152 / Sq Ft
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 $2,680 $97,000 $35,700 $61,300
2023 $2,535 $97,000 $35,700 $61,300
2022 $2,324 $97,000 $35,700 $61,300
2021 $2,213 $97,000 $35,700 $61,300
2020 $2,309 $97,000 $35,700 $61,300
2019 $821 $97,000 $35,700 $61,300
2018 $2,292 $97,000 $35,700 $61,300
2017 $2,248 $97,000 $35,700 $61,300
2016 $2,240 $97,000 $35,700 $61,300
2015 -- $97,000 $35,700 $61,300
2014 -- $97,000 $35,700 $61,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1119568

Western New York Real Estate Information Services (WNYREIS)

APN: 043689-046-002-0001-003-000-0000