NOT LISTED FOR SALE

8128 Route 242 Salamanca, NY 14779

Estimated Value: $130,000 - $175,000

3 Beds
1 Bath
1,314 Sq Ft
$118/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $66,500 $51 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,053/month

42 Days on Market

Highlights

  • 17.26 Acre Lot
  • Eat-In Country Kitchen
  • Forced Air Cooling System
  • Traditional Architecture
  • 1 Car Attached Garage
  • Rectangular Lot

About This Home

As of October 2018

A great location, on a beautiful piece of land in a beautiful countryside setting, this home offers potential at a great price. The land, a little over 17 acres, is a great combination of open and wooded terrain on a gentle slope with the home perched on a knoll overlooking the surrounding valley. The home offers generous spaces, some hardwood, a new pump, pressure tank, water line into home, and gray water hooked into septic. The furnace has been serviced, and the appliances are in working order. Complete updating is needed throughout but the location and property close to the four season popular area of Ellicottville, state land parcels nearby, proximity to the Seneca Casino and Allegany State Park could well be worth your effort. This home is being offered in as is where is condition.

Last Agent to Sell the Property

Amy DeTine

Listing by ERA Team VP Real Estate License #10301213951 Listed on: 05/24/2018

ERA Team VP Real Estate

Last Buyer's Agent

Anjanette Nicolazzo

Listing by ERA Team VP Real Estate License #10301218642

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 1940

Lot Details

  • 17.26 Acre Lot
  • Lot Dimensions are 1,492 x 450
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1,314 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Country Kitchen
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 045489-054-004-0002-023-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,776

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Little Valley-045489
  • Total Assessed Value: 54500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1492
  • Lot Dimension Front: 450
  • Lot Information: Agricultural District, Primary Road, Rural Road
  • Lot Number: 23
  • Lot Shape: Rectangular
  • Nearest Cross Street: Baker
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 3852.84
  • Ratio Close Price By Sq Ft: 50.61
  • Ratio List Price By Acres: 4403.24
  • Ratio List Price By Sq Ft: 57.84
  • Regional Board Code: Buffalo
  • School Tax: 1129
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 751846
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Route 219 south through Ellicottville to intersection of Route 219 and Route 242 west. Stay straight onto Route 242 for approximately 5 miles, look for home on right just before Baker Rd
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Country Kitchen, Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1314

Exterior Features

  • Construction: Brick
  • Number of Acres: 17.2600

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: Attached, Under House
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Cattaraugus-Little Valley

Lot Info

  • Parcel Number: 045489-054-004-0002-023-000-0000

Tax Info

  • Total Taxes: 2776

MLS Schools

  • School District Name: Cattaraugus-Little Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2011
Closed on
May 15, 2012
Sold by
Woodward Catherine
Bought by
Thompson Mary
Seller's Agent
Greg Spako
ERA Team VP Real Estate
Buyer's Agent
Mark Bostaph
WNY Metro Roberts Realty
List Price
$71,000
Sold Price
$71,000
Current Estimated Value
$155,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,088
Avg. Annual Appreciation
4.98%
Original Mortgage
$54,800
Interest Rate
4.01%
Mortgage Type
New Conventional
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
Thompson Mary $68,500 James Vallone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loveless Jena L $64,505
Closed Thompson Mary $54,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2018 10/03/18 Sold $66,500 -12.5% $51 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $76,000 -3.8% $58 / Sq Ft
05/24/2018 05/24/18 For Sale $79,000 +11.3% $60 / Sq Ft
05/18/2012 05/18/12 Sold $71,000 0.0% $54 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $71,000 -- $54 / 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 $2,723 $54,500 $15,300 $39,200
2023 $2,703 $54,500 $15,300 $39,200
2022 $2,756 $54,500 $15,300 $39,200
2021 $2,660 $54,500 $15,300 $39,200
2020 $2,697 $54,500 $15,300 $39,200
2019 $1,122 $54,500 $15,300 $39,200
2018 $2,687 $54,500 $15,300 $39,200
2017 $2,775 $54,500 $15,300 $39,200
2016 $2,719 $54,500 $15,300 $39,200
2015 -- $54,500 $15,300 $39,200
2014 -- $54,500 $15,300 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1121296

Western New York Real Estate Information Services (WNYREIS)

APN: 045489-054-004-0002-023-000-0000