NOT LISTED FOR SALE

743 Panama-Bear Lake Rd Panama, NY 14767

Estimated Value: $166,000 - $209,000

42 Acres
$4,611 Price per Acre
1,829,520 Sq Ft Lot

Last Sold September 14, 2012

Last sale price $80,000

Est. 142% increase in value since last sale

Current estimated payment $1,249/month

93 Days on Market

Highlights

  • 42 Acre Lot
  • 7 Acres of Pasture
  • Level Lot
  • Wooded Lot

About This Lot

As of September 2012

BRING YOUR HORSES/Critters...Existing Site Ready for your New HOME...Modulars/Double-Wides/Mobiles OK with Permit.. Old Homesite (Home Burned/Leveled),,has 40x60 Open Barn with 5 Stalls,,Garage,,Septic/Well,,and GAS WELL for FREE GAS.. Approximately 7 Acres Pasture,,Balance Wooded Hillside.. Just South of Panama Village and SCHOOL on CoRt 33..Close to 100's of State Land Acres..Nice COUNTRYSIDE VIEWS..

Last Agent to Sell the Property

Roger Penhollow

Listing by Real Estate Advantage License #30PE0769405 Listed on: 03/28/2012

Last Buyer's Agent

Roger Penhollow

Listing by Real Estate Advantage License #30PE0769405 Listed on: 03/28/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,500

Lot Details

  • 42 Acre Lot
  • 880 Ft Wide Lot
  • Level Lot
  • Wooded Lot

Farming

  • Tillable Land
  • 7 Acres of Pasture

Utilities

  • Gas Available
  • Well

Listing and Financial Details

  • Assessor Parcel Number 433.00-1-5

Property Details

Property Type

Land

Est. Annual Taxes

$1,500

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Harmony-064889
  • Total Assessed Value: 42100
  • Land Features: Wooded
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Front: 880
  • Lot Information: Tillable
  • Number of Pasture Acres: 7.0000
  • Number of Timber Acres: 35.0000
  • Number of Wooded Acres: 35.0000
  • Possible Uses: Agriculture, Horses
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 1904.76
  • Ratio List Price By Acres: 1964.29
  • Regional Board Code: Rochester
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type: Farmland
  • Directions To Property: From Panama Village, South on Co Rte 33 (Panama-Bear Lake Rd), 3 Miles on Right.. First Driveway is access to Main Barn(s),, 2nd Drive is Old Homesite and Barn/Garage..See Maps..
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number of Acres: 42.0000

Utilities

  • Utilities Available: Electric
  • Utilities On-site: Gas
  • Water Supply: Well

Schools

  • School District: Panama

Lot Info

  • Parcel Number: 433.00-1-5

Tax Info

  • Total Taxes: 1500

MLS Schools

  • School District Name: Panama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2015
Sold by
Shetler Andy
Bought by
Miller Rueben
Current Estimated Value
$193,653

Purchase Details

Listed on
Mar 28, 2012
Closed on
Aug 31, 2012
Sold by
Lane Kenneth S
Bought by
Shetler Andy A
Seller's Agent
Roger Penhollow
Real Estate Advantage
Buyer's Agent
Roger Penhollow
Real Estate Advantage
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Osborne Merton B and Osborne Janet
Bought by
Lane Kenneth S and Lane Dona M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miller Rueben $80,000 --
Shetler Andy A $80,000 Bruce Scolton
Lane Kenneth S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Joseph A $69,800
Closed Miller Joseph A $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2012 09/14/12 Sold $80,000 0.0% --
06/29/2012 06/29/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $80,000 -- --
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $5,987 $133,300 $20,600 $112,700
2023 -- $115,300 $20,600 $94,700
2022 $0 $115,300 $20,600 $94,700
2021 $0 $98,800 $20,600 $78,200
2020 -- $98,800 $20,600 $78,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: 1029322

Chautauqua-Cattaraugus Board of REALTORS®

APN: 064889 433.00-1-5.2