NOT LISTED FOR SALE

7424 Poverty Hill Rd Unit 14 Ellicottville, NY 14731

Estimated Value: $387,000 - $580,000

4 Beds
2.5 Baths
1,958 Sq Ft
$234/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $200,000 $102 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,005/month

439 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Whirlpool Bathtub
  • Contemporary Architecture
  • Cathedral Ceiling
  • Great Room

About This Home

As of December 2017

A private wooded setting awaits you for this unique & bright contemporary chalet just three miles from the village & ski slopes. 3 levels provide space for a crowd with a family room & bedroom in the finished walkout lower level. Desirable open floorplan on the main level carries through to the upper level with sunlight streaming through the glassed in central cupola. The wood burning fireplace is the focal point of the living room which is also surrounded by windows bringing the outside in, with no neighbors in sight! Furnished with personal items excluded. Your family memories begin here!!

Last Agent to Sell the Property

Harry Weissman

Listing by ERA Team VP Real Estate License #40WE0853905 Listed on: 07/07/2016

ERA Team VP Real Estate

Last Buyer's Agent

Tina Dillon

Listing by Keller Williams Realty Lancaster License #40DI0668381

Keller Williams Realty Lancaster

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,283

Year Built

  • Built in 1992

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 190 x 100
  • Cul-De-Sac
  • Rectangular Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Atrium Doors
  • Two Story Entrance Foyer
  • Great Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

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
  • Shed
  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Trout Ridge Community
  • Trout Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043689-037-004-0001-031-008-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,283

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 24
  • NY Swis Code: Ellicottville-043689
  • Total Assessed Value: 184300
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 190
  • Lot Dimension Front: 100
  • Lot Information: Cul De Sac, Rural Road, Wooded Lot
  • Lot Shape: Rectangular
  • L P Per Acre: 567954.5500
  • List Price per Sq Ft: 167.9435
  • Nearest Cross Street: Lindberg Rd
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 454545.45
  • Ratio Close Price By Sq Ft: 102.15
  • Ratio List Price By Acres: 497727.27
  • Ratio List Price By Sq Ft: 111.85
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1575
  • Styles of Residence: Contemporary
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 249900.00
  • Year Built Description: Existing
  • Age of Building: 30
  • Year Built: 1992
  • Directions To Property: From the village Mechanic St which becomes Maples Rd to a right on Poverty Hill, follow over the top then right at the Trout Ridge sign on the right hand side of the road, across from the old Concord Ski Club site. Home in the back.
  • Subdivision Comm Complex: TROUT RIDGE
  • Unit: 14
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Atrium Door, Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Skylight, Two Story Foyer, Water Softener - Owned, Whirlpool Tub
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room, Great Room, Laundry-2nd Floor, Living Room, Master Bedroom Bath, Porch - Open
  • Basement Description: Exterior Walkout, Finished, Full
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Freestanding, Range Hood-Exhaust Fan, 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 1st Floor Half Bathrooms: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1958

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck, Thermal Windows - Some
  • Number of Acres: 0.4400

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • Number of Beds Approved for Septic: 4
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Condo/Co-op/Association

  • HOA Fees: 450
  • HOA Fees Description: Annually

Schools

  • School District: Ellicottville

Lot Info

  • Parcel Number: 043689-037-004-0001-031-008-0000

Tax Info

  • Total Taxes: 4283

MLS Schools

  • School District Name: Ellicottville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Czaja Joseph
Bought by
Bhargava Ambar
Current Estimated Value
$471,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,800
Outstanding Balance
$148,299
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$329,722

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 11, 2017
Sold by
Whitney Mark
Bought by
Czaja Joseph
Seller's Agent
Harry Weissman
ERA Team VP Real Estate
Buyer's Agent
Tina Dillon
Keller Williams Realty Lancaster
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$160,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 8, 2017
Sold by
Whitney Mark
Bought by
Czaja Joseph
Seller's Agent
Harry Weissman
ERA Team VP Real Estate
Buyer's Agent
Tina Dillon
Keller Williams Realty Lancaster
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 7, 2016
Closed on
Dec 7, 2017
Sold by
Whitney Mark B and Whitney Laura J
Bought by
Czaja Joseph and Czaja Jody M
Seller's Agent
Harry Weissman
ERA Team VP Real Estate
Buyer's Agent
Tina Dillon
Keller Williams Realty Lancaster
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Field Richard A
Bought by
Whitney Mark B
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
Bhargava Ambar $228,500 None Available
Bhargava Ambar $228,500 None Available
Czaja Joseph $200,000 None Available
Czaja Joseph $200,000 None Available
Czaja Joseph -- --
Whitney Mark B $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhargava Ambar $182,800
Closed Czaja Joseph $182,800
Previous Owner Czaja Joseph $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold $200,000 -8.7% $102 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
08/30/2017 08/30/17 Price Changed $219,000 -12.4% $112 / Sq Ft
07/07/2016 07/07/16 For Sale $249,900 -- $128 / 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 $5,092 $184,300 $8,400 $175,900
2023 $4,817 $184,300 $8,400 $175,900
2022 $4,415 $184,300 $8,400 $175,900
2021 $4,204 $184,300 $8,400 $175,900
2020 $4,388 $184,300 $8,400 $175,900
2019 $1,559 $184,300 $8,400 $175,900
2018 $4,355 $184,300 $8,400 $175,900
2017 $4,271 $184,300 $8,400 $175,900
2016 $4,257 $184,300 $8,400 $175,900
2015 -- $184,300 $8,400 $175,900
2014 -- $184,300 $8,400 $175,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B504125

Western New York Real Estate Information Services (WNYREIS)

APN: 043689-037-004-0001-031-008-0000