NOT LISTED FOR SALE

7703 Meyer Hill Rd East Otto, NY 14729

Estimated Value: $209,809 - $231,000

3 Beds
1.5 Baths
1,044 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $120,000 $115 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,474/month

35 Days on Market

Highlights

  • Barn
  • 9.95 Acre Lot
  • Wood Burning Stove
  • Horses Allowed On Property
  • Cape Cod Architecture
  • Cathedral Ceiling

About This Home

As of August 2014

What a view! This Cape Cod style home just needs some finishing touches and "sprucing up" to make it a gem. Located on almost 10 acres, the home has an open plan design with loft and balcony overlooking the living room. Main heat is a wood stove in the living room, and there is a ventless propane heater to supplement. U-shaped countertop with 4" ceramic tile surface. Floors are all luan underlayment and need coverings. Attached garage. Small barn. Spring water with conditioner and chlorinator. There is a well which has never been used.

Last Agent to Sell the Property

Dennis Sibley

Listing by No Office Affiliation License #30SI0861120 Listed on: 04/29/2014

Last Buyer's Agent

Dennis Sibley

Listing by No Office Affiliation License #30SI0861120 Listed on: 04/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,043

Year Built

  • Built in 1992

Lot Details

  • 9.95 Acre Lot
  • Lot Dimensions are 1,000 x 325
  • Irregular Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,044 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Schools

  • Cattaraugus Campus Elementary School
  • Cattaraugus-Little Valley Middle School
  • Cattaraugus-Little Valley High School

Utilities

  • Space Heater
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 043200-028-003-0001-053-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,043

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 22
  • NY Swis Code: East Otto-043200
  • Total Assessed Value: 78400
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1000
  • Lot Dimension Front: 325
  • Lot Information: Agricultural District, Horses Permitted, Rural Road, Secondary Road
  • Lot Shape: Irregular
  • L P Per Acre: 13567.8392
  • List Price per Sq Ft: 129.3103
  • Nearest Cross Street: Reed Hill Rd
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 12060.30
  • Ratio Close Price By Sq Ft: 114.94
  • Ratio List Price By Acres: 13567.84
  • Ratio List Price By Sq Ft: 129.31
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1732
  • Sale Price List Price: 0.8888
  • S P Per Acre: 12060.3015
  • S P Per Sq Ft: 114.9400
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 135000.00
  • Year Built Description: Existing
  • Age of Building: 30
  • Year Built: 1992
  • Directions To Property: From Ellicottville, take Maples Rd. (Co. Rd. 13) 5 miles to 4-corners in Eddyville, right on Reed Hill Rd. (Co. Rd. 14) 3 mi. to rt. on Meyer Hill Rd. House on rt. 1 miles. Sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Living Room
  • Attic Description: Partially Finished
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1044

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Propane Tank - Leased, Thermal Windows - Some
  • Number of Acres: 9.9500

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Propane, Wood
  • Hvac Type: Space Heater
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Cattaraugus-Little Valley
  • Elementary School: Cattaraugus Campus Elementary
  • Middle School: Cattaraugus-Little Valley Middle
  • High School: Cattaraugus-Little Valley High

Lot Info

  • Parcel Number: 043200-028-003-0001-053-000-0000

Tax Info

  • Total Taxes: 4043

MLS Schools

  • Elementary School Name: Cattaraugus Campus Elementary
  • High School Name: Cattaraugus-Little Valley High
  • Middle School Name: Cattaraugus-Little Valley Middle
  • School District Name: Cattaraugus-Little Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Aug 21, 2014
Sold by
Grotke Roland
Bought by
O'Hara Ronald M
Seller's Agent
Dennis Sibley
No Office Affiliation
Buyer's Agent
Dennis Sibley
No Office Affiliation
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%
Current Estimated Value
$215,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,702
Avg. Annual Appreciation
6.74%
Original Mortgage
$11,400
Outstanding Balance
$3,586
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$243,362
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
O'Hara Ronald M $120,000 Anthony Difilippo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O'Hara Ronald M $11,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $120,000 -11.1% $115 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $135,000 -- $129 / 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 $3,897 $167,000 $33,200 $133,800
2023 $3,963 $167,000 $33,200 $133,800
2022 $3,869 $145,200 $33,200 $112,000
2021 $3,874 $121,500 $26,500 $95,000
2020 $3,907 $121,500 $26,500 $95,000
2019 $1,776 $121,500 $26,500 $95,000
2018 $4,054 $121,500 $26,500 $95,000
2017 $4,160 $121,500 $26,500 $95,000
2016 $4,254 $121,500 $26,500 $95,000
2015 -- $78,400 $15,400 $63,000
2014 -- $78,400 $15,400 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B450458

Western New York Real Estate Information Services (WNYREIS)

APN: 043200-028-003-0001-053-000-0000