NOT LISTED FOR SALE

7420 Poverty Hill Rd Unit 13 Ellicottville, NY 14731

Estimated Value: $391,000 - $508,000

4 Beds
3.5 Baths
1,962 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $222,500 $113 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,892/month

168 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Private Yard
  • Contemporary Architecture
  • Bonus Room
  • Formal Dining Room

About This Home

As of March 2017

Wow! Secluded contemporary chalet nestled in the woods at Trout Ridge. Walking into the finished basement foyer that has lots of cupboards, closets and shelving for storage. Then into the media room for movie night. Bunk beds set up in the bedroom and a full bath. Also, has remediation in the bathroom closet. Upstairs has the dining room at the top plus Living room to the left. Kitchen to the right with stainless appliances. 3rd floor has 3 bedrooms, 2 full baths with a Jacuzzi tub and a laundry room for convenience. All on about an acre of land with an outdoor shed for storage. Exclude quilts

Last Agent to Sell the Property

Carol Thomas

Listing by Howard Hanna Professionals - Ellicottville License #30TH0755390 Listed on: 07/30/2016

Howard Hanna Professionals - Ellicottville

Last Buyer's Agent

Amy DeTine

Listing by ERA Team VP Real Estate License #10301213951

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,023

Year Built

  • Built in 1997

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 145 x 180
  • Property fronts a private road
  • Private Yard

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Gas Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Dirt Driveway

Outdoor Features

  • Deck

Schools

  • Ellicottville Middle High School

Utilities

  • Forced Air Zoned Heating and Cooling Systems
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Community Details

  • Trout Ridge Community
  • Trout Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043689-037-004-0001-031-009-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,023

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Age: 19
  • NY Swis Code: Ellicottville-043689
  • Total Assessed Value: 259200
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 145
  • Lot Dimension Front: 180
  • Lot Information: Private Road
  • L P Per Acre: 433166.6700
  • List Price per Sq Ft: 132.4668
  • Nearest Cross Street: Poverty Hill
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 370833.33
  • Ratio Close Price By Sq Ft: 113.40
  • Ratio List Price By Acres: 383166.67
  • Ratio List Price By Sq Ft: 117.18
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2215
  • Styles of Residence: Contemporary
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 259900.00
  • Year Built Description: Existing
  • Age of Building: 25
  • Year Built: 1997
  • Directions To Property: From the North, Route 219 to Lindberg Rd. to left on Poverty Hill RD. From Ellicottville, take Maples rd. to Poverty Hill Rd. Just past the Concord Ski Club is the entrance to Trout Ridge subdivision. First right is #13.
  • Subdivision Comm Complex: TROUT RIDGE
  • Unit: 13
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Natural Woodwork - some, Sliding Glass Door
  • Additional Rooms: Basement / Rec Room, Bonus Room, Foyer/Entry Hall, Laundry-2nd Floor, Living Room, Master Bedroom Bath
  • Basement Description: Exterior Walkout, Finished, Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 12
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1962

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck, Private Yard - see Remarks
  • Number of Acres: 0.6000

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Fees Description: Annually

Schools

  • School District: Ellicottville
  • Middle School: Other - See Remarks
  • High School: Ellicottville Middle High

Lot Info

  • Parcel Number: 043689-037-004-0001-031-009-0000

Tax Info

  • Total Taxes: 6023

MLS Schools

  • High School Name: Ellicottville Middle High
  • School District Name: Ellicottville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2019
Sold by
Franke Paul
Bought by
Hennon Mark W
Current Estimated Value
$431,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Outstanding Balance
$123,555
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$315,373

Purchase Details

Closed on
Aug 12, 2019
Sold by
Franke Paul
Bought by
Hennon Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Outstanding Balance
$123,555
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$315,373

Purchase Details

Listed on
Jul 30, 2016
Closed on
Mar 10, 2017
Sold by
Waites Boyd
Bought by
Franke Paul
Seller's Agent
Carol Thomas
Howard Hanna Professionals - Ellicottville
Buyer's Agent
Amy DeTine
ERA Team VP Real Estate
List Price
$259,900
Sold Price
$222,500
Premium/Discount to List
-$37,400
-14.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$178,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2007
Sold by
Gustafson Gregory
Bought by
Waites Boyd

Purchase Details

Closed on
Apr 17, 2000
Sold by
Stone Mark E
Bought by
Gustafson Gregory S
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
Hennon Mark W $227,000 None Available
Hennon Mark W $227,000 None Available
Franke Paul $222,500 None Available
Franke Paul $222,500 None Available
Waites Boyd $280,000 James Maccallum
Gustafson Gregory S $138,000 Robert W Grimm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franke Paul $181,600
Closed Hennon Mark W $181,600
Previous Owner Franke Paul $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $222,500 -14.4% $113 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
07/30/2016 07/30/16 For Sale $259,900 -- $132 / 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 $6,332 $229,200 $18,900 $210,300
2023 $5,991 $229,200 $18,900 $210,300
2022 $5,491 $229,200 $18,900 $210,300
2021 $5,228 $229,200 $18,900 $210,300
2020 $5,457 $229,200 $18,900 $210,300
2019 $2,193 $229,200 $18,900 $210,300
2018 $5,416 $229,200 $18,900 $210,300
2017 $5,311 $229,200 $18,900 $210,300
2016 $8,380 $259,200 $18,900 $240,300
2015 -- $259,200 $18,900 $240,300
2014 -- $259,200 $18,900 $240,300
Source: Public Records

Agents Affiliated with this Home

  • Carol Thomas

    Seller's Agent in 2017

    Carol Thomas

    Howard Hanna Professionals - Ellicottville

    (716) 698-0115

    5 in this area

    55 Total Sales

    Section Image
  • Amy DeTine

    Buyer's Agent in 2017

    Amy DeTine

    ERA Team VP Real Estate

    (716) 583-3769

    82 in this area

    176 Total Sales

    Section Image
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Map

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

MLS Number: B505642

Western New York Real Estate Information Services (WNYREIS)

APN: 043689-037-004-0001-031-009-0000

New York Cattaraugus County Ellicottville 14731

7420 Poverty Hill Rd Unit 13, Ellicottville, NY

This home is located at 7420 Poverty Hill Rd Unit 13, Ellicottville, NY 14731 since 30 July 2016 and is currently estimated at $445,609, approximately $227 per square foot. This property was built in 1997. 7420 Poverty Hill Rd Unit 13 is a home located in Cattaraugus County with nearby schools including Ellicottville Elementary School and Ellicottville Middle/High School.

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