NOT LISTED FOR SALE

7424 Poverty Hill Rd 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 April 27, 2020

Last sale price $228,500 $117 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,005/month

143 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Thermal Windows
  • Contemporary Architecture
  • Cathedral Ceiling
  • Cul-De-Sac

About This Home

As of April 2020

A private wooded setting awaits you for this unique and bright contemporary chalet just three miles from the village and ski slopes. 3 levels provide space for a crowd with a family room and bedroom in the finished walkout lower level. Desirable open floor plan 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. **Adjusted additional square footage is due to walk-out finished basement. Your family memories begin here!

Last Agent to Sell the Property

Jacob Czaja

Listing by No Office Affiliation License #10401327975 Listed on: 10/04/2019

Last Buyer's Agent

Jill Taylor

Listing by No Office Affiliation License #10401286365

No Office Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,779

Year Built

  • Built in 1992

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 190 x 100
  • Cul-De-Sac
  • 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
  • Sliding Doors
  • Atrium Doors
  • Two Story Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

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
  • Stone Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 043689-037-004-0001-031-008-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,779

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • 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 Number: 31
  • Nearest Cross Street: Lindberg Rd
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 523842.27
  • Ratio Close Price By Sq Ft: 116.70
  • Ratio List Price By Acres: 557083.91
  • Ratio List Price By Sq Ft: 124.11
  • Regional Board Code: Buffalo
  • School Tax: 2052
  • Styles of Residence: 2 Story, Contemporary
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 19000
  • Age of Building: 30
  • Year Built: 1992
  • Directions To Property: From the 219 take Lindberg Rd. to Poverty Hill Rd to Trout Ridge entrance, second driveway.. From the Village take Mechanic St. to Maples Rd. to a right on Poverty Hill Rd. follow to the Trout Ridge sign on the right side.
  • 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, Sliding Glass Door, Two Story Foyer, Water Softener - Owned
  • Additional Rooms: Basement / Rec Room, Family Room, Foyer/Entry Hall, Laundry-2nd Floor, Living Room, Master Bedroom Bath
  • Basement Description: Exterior Walkout, Finished, Full
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Freestanding, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Living/Dining Combo
  • 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: 8
  • 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: 0.4362

Garage/Parking

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

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • 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: 4779

MLS Schools

  • School District Name: Ellicottville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Apr 28, 2020
Sold by
Czaja Joseph
Bought by
Bhargava Ambar
Seller's Agent
Jacob Czaja
No Office Affiliation
Buyer's Agent
Jill Taylor
No Office Affiliation
List Price
$243,000
Sold Price
$228,500
Premium/Discount to List
-$14,500
-5.97%
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.
Estimated Appreciation
$242,969
Avg. Annual Appreciation
14.97%
Original Mortgage
$182,800
Outstanding Balance
$148,299
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$329,722

Purchase Details

Closed on
Dec 11, 2017
Sold by
Whitney Mark
Bought by
Czaja Joseph

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
Dec 8, 2017
Sold by
Whitney Mark
Bought by
Czaja Joseph

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
Dec 7, 2017
Sold by
Whitney Mark B and Whitney Laura J
Bought by
Czaja Joseph and Czaja Jody M

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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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
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
04/27/2020 04/27/20 Sold $228,500 -6.0% $117 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $243,000 -- $124 / 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: B1230426

Western New York Real Estate Information Services (WNYREIS)

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