NOT LISTED FOR SALE

7625 Prospect Rd Westfield, NY 14787

Estimated Value: $125,000 - $173,000

3 Beds
1.5 Baths
1,635 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $50,000 $31 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $922/month

175 Days on Market

Highlights

  • 1 Acre Lot
  • Heated Sun or Florida Room
  • Formal Dining Room
  • Colonial Architecture
  • Corner Lot
  • Enclosed Patio or Porch

About This Home

As of October 2018

Lovely Westfield colonial on a 1 acre lot just outside the village limits! Kitchen, formal dining room, large living room with open staircase and fireplace, half bath, sunroom and enclosed porch are all on the first floor. 3 bedrooms a full bath are on the second floor. Bright and airy sunroom and enclosed front porch are nice to relax in. Handy attached garage opens off the kitchen, an attached shed and covered screened in lighted picnic pavilion are off the garage as well. New vinyl higher end replacement windows, Full basement that appears to be dry, 3 zoned heating. Village municipal water. Nice classic home with charm and a fantastic price!! And an acre to roam!

Last Agent to Sell the Property

Renee Pchelka

Listing by Howard Hanna Holt - Fredonia License #40PC0570727 Listed on: 01/31/2018

Howard Hanna Holt - Fredonia

Last Buyer's Agent

Renee Pchelka

Listing by Howard Hanna Holt - Fredonia License #40PC0570727 Listed on: 01/31/2018

Howard Hanna Holt - Fredonia

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 400 x 233
  • Corner Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 1,635 Sq Ft Home
  • 1.7-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 19
  • Assessor Parcel Number 3-1-65.2 & 3-1-65.3

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Westfield-067289
  • Total Assessed Value: 68300
  • Foundation Description: Block, Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 400
  • Lot Dimension Front: 233
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: Route 20
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 50000.00
  • Ratio Close Price By Sq Ft: 30.58
  • Ratio List Price By Acres: 59500.00
  • Ratio List Price By Sq Ft: 36.39
  • Regional Board Code: Rochester
  • School Tax: 1860
  • Styles of Residence: Colonial
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 43560
  • Ad Copy: 3 bedroom colonial on 1 acre lot! Hardwood floors,basement,garage,heated enclosed porch,fireplace-bank owned
  • Ad Headline: Westfield outskirts
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Corner of Rt 20 and Prospect Rd.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Florida/Sun Room- Heated, Living Room, Porch - Enclosed
  • Basement Description: Full
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1635

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Garage Door Opener
  • Number of Acres: 1.0000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water, Multi-Zone
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 3-1-65.2 & 3-1-65.3

Tax Info

  • Total Taxes: 2960

MLS Schools

  • School District Name: Westfield Academy and Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Oct 3, 2018
Sold by
Northwest Saving Bank
Bought by
Farnham David L and Farnham Shawna R
Seller's Agent
Renee Pchelka
Howard Hanna Holt - Fredonia
Buyer's Agent
Renee Pchelka
Howard Hanna Holt - Fredonia
List Price
$68,500
Sold Price
$50,000
Premium/Discount to List
-$18,500
-27.01%
Current Estimated Value
$145,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,573
Avg. Annual Appreciation
15.86%
Original Mortgage
$45,012
Outstanding Balance
$39,253
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$106,320

Purchase Details

Closed on
Sep 8, 2017
Sold by
Dagostino Thomas
Bought by
Northwest Bank

Purchase Details

Closed on
Dec 22, 2005
Sold by
Young Michael S
Bought by
Powers Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farnham David L $49,500 --
Northwest Bank $122,100 --
Powers Ronald $88,280 Stephen Zanghi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnham David L $45,012
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Sold $50,000 -16.0% $31 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
06/21/2018 06/21/18 Price Changed $59,500 -13.1% $36 / Sq Ft
01/31/2018 01/31/18 For Sale $68,500 -- $42 / Sq Ft
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 $1,995 $48,700 $8,000 $40,700
2023 $1,946 $48,700 $8,000 $40,700
2022 $1,955 $48,700 $8,000 $40,700
2021 $1,956 $48,700 $8,000 $40,700
2020 $1,921 $48,700 $8,000 $40,700
2019 $2,710 $48,700 $8,000 $40,700
2018 $2,710 $68,300 $8,000 $60,300
2017 $2,118 $68,300 $8,000 $60,300
2016 $2,133 $68,300 $8,000 $60,300
2015 -- $68,300 $8,000 $60,300
2014 -- $68,300 $8,000 $60,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1097430

Chautauqua-Cattaraugus Board of REALTORS®

APN: 067289-193-010-0002-019-000