NOT LISTED FOR SALE

7503 Route 240 Ellicottville, NY 14731

Estimated Value: $41,226 - $223,000

4 Beds
1 Bath
1,536 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $25,000 $16 Per Sq Ft

Est. 561% increase in value since last sale

Current estimated payment $1,020/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Farmhouse Style Home
  • 3.8 Acre Lot
  • Wood Flooring
  • Partial Attic

About This Home

As of January 2018

Ideal property for that do it your self! Farm house 7 minutes away from the center of Ellicottville! Retreat after a day of skiing or summertime fun! Home needs to be redone but imagine what you could do to make it your own. Steel roof. 1 bedroom down stairs 3 upstairs. Front porch leads in to living room with an immediate view in to kitchen. First floor laundry, leads to extra room which could be turned into dining room, office, mudroom or entertainment room. House sits on 3.8 acres. Owner is presently emptying home of contents.

Last Agent to Sell the Property

Jennifer Glatz

Listing by No Office Affiliation License #10401254173 Listed on: 11/07/2017

Last Buyer's Agent

Jennifer Glatz

Listing by No Office Affiliation License #10401254173 Listed on: 11/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1930

Lot Details

  • 3.8 Acre Lot
  • Lot Dimensions are 309 x 281
  • Wooded Lot

Home Design

  • Farmhouse Style Home
  • Stone Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Living Room
  • Bonus Room
  • Crawl Space
  • Partial Attic
  • Eat-In Country Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Well
  • Oil Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Additional Features

  • Porch
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 043689-047-001-0001-015-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,218

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Ellicottville-043689
  • Total Assessed Value: 35800
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 309
  • Lot Dimension Front: 281
  • Lot Information: Agricultural District, Horses Permitted, Primary Road, Wooded Lot
  • Lot Number: 15
  • Nearest Cross Street: Tolan Rd
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 6578.95
  • Ratio Close Price By Sq Ft: 16.28
  • Ratio List Price By Acres: 10526.32
  • Ratio List Price By Sq Ft: 26.04
  • Regional Board Code: Buffalo
  • School Tax: 713
  • Styles of Residence: 2 Story, Farmhouse
  • Sub Board Code: Buffalo
  • Type of Sale: Estate, Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 165528
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Take 242 E to Route 240, make left. After Tolan Rd 3 house on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Partial
  • Basement Description: Crawl Space
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Country Kitchen, Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1536

Exterior Features

  • Construction: Composition, Wood
  • Additional Exterior Features: High Speed Internet, Satellite Dish, Thermal Windows - Some
  • Number of Acres: 3.8000

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Oil

Schools

  • School District: West Valley

Lot Info

  • Parcel Number: 043689-047-001-0001-015-000-0000

Tax Info

  • Total Taxes: 1218

MLS Schools

  • School District Name: West Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 29, 2018
Sold by
Jonath Dana R Lendvay Adm
Bought by
Morrison Edward J
Seller's Agent
Jennifer Glatz
No Office Affiliation
Buyer's Agent
Jennifer Glatz
No Office Affiliation
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Current Estimated Value
$165,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,141
Avg. Annual Appreciation
27.52%

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 21, 2017
Sold by
Lendvay Jonathan Est
Bought by
Morrison Edward J and Morrison Julie A
Seller's Agent
Jennifer Glatz
No Office Affiliation
Buyer's Agent
Jennifer Glatz
No Office Affiliation
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%

Purchase Details

Closed on
Aug 3, 2007
Sold by
Zerbian Thomas
Bought by
Lendvay Jonathan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morrison Edward J $25,000 None Available
Morrison Edward J $25,000 None Available
Morrison Edward J $25,000 --
Lendvay Jonathan $19,250 Ross A Peters
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $25,000 -37.5% $16 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $40,000 -- $26 / 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 $1,392 $35,800 $17,100 $18,700
2023 $1,308 $35,800 $17,100 $18,700
2022 $1,106 $35,800 $17,100 $18,700
2021 $1,046 $35,800 $17,100 $18,700
2020 $1,145 $35,800 $17,100 $18,700
2019 $120 $35,800 $17,100 $18,700
2018 $1,233 $35,800 $17,100 $18,700
2017 $765 $35,800 $17,100 $18,700
2016 $776 $35,800 $17,100 $18,700
2015 -- $35,800 $17,100 $18,700
2014 -- $35,800 $17,100 $18,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jennifer Glatz

    No Office Affiliation

    Section Image
See All Agents

Map

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

MLS Number: B1085959

Western New York Real Estate Information Services (WNYREIS)

APN: 043689-047-001-0001-015-000-0000

New York Cattaraugus County Ellicottville 14731

7503 Route 240, Ellicottville, NY

This home is located at 7503 Route 240, Ellicottville, NY 14731 since 07 November 2017 and is currently estimated at $138,057, approximately $89 per square foot. This property was built in 1930. 7503 Route 240 is a home located in Cattaraugus County with nearby schools including West Valley Central School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes