NOT LISTED FOR SALE

8299 Otto East Otto Rd Cattaraugus, NY 14719

Estimated Value: $101,000 - $133,000

4 Beds
2 Baths
1,511 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $56,000 $37 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $769/month

58 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Eat-In Country Kitchen
  • Horses Allowed On Property
  • 2 Car Detached Garage
  • Enclosed Patio or Porch

About This Home

As of February 2016

This 3 Bdrm two story home has a large kitchen & living rm w/ hardwood flrs on 1.9 acres of land! Huge barn for cattle w/ pasture and separate 38x20 workshop. This is an Amish home - seller is willing to help new owner with some updates or repairs within reason.

Last Agent to Sell the Property

Lori Davie

Listing by Metro Kirsch Real Estate, Inc. License #40DA0963577 Listed on: 09/01/2015

Last Buyer's Agent

Lori Davie

Listing by Metro Kirsch Real Estate, Inc. License #40DA0963577 Listed on: 09/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 1900

Lot Details

  • 1.9 Acre Lot
  • Lot Dimensions are 293 x 320

Home Design

  • Stone Foundation

Interior Spaces

  • 4 Bedrooms
  • 1,511 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Eat-In Country Kitchen
  • Laundry on main level

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Utilities

  • Heating System Uses Wood
  • Well
  • Septic Tank

Additional Features

  • Enclosed Patio or Porch
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 043200-027-004-0001-009-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,330

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 115
  • NY Swis Code: East Otto-043200
  • Total Assessed Value: 45800
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 293
  • Lot Dimension Front: 320
  • Lot Information: Agricultural District, Horses Permitted, Neighborhood Street
  • L P Per Acre: 34157.8947
  • List Price per Sq Ft: 42.9516
  • Nearest Cross Street: BROOKLY CHURCH
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 29473.68
  • Ratio Close Price By Sq Ft: 37.06
  • Ratio List Price By Acres: 34157.89
  • Ratio List Price By Sq Ft: 42.95
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 930
  • Sale Price List Price: 0.8628
  • S P Per Acre: 29473.6842
  • S P Per Sq Ft: 37.0600
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 64900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Route 219 to Connoisarauley Rd, left at Brookly Church to stop sign. Right on East Otto Otto Rd, house on left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Laundry-1st Floor, Porch - Enclosed
  • Basement Description: Crawl Space, Partial
  • Floor Description: Hardwood-Some
  • Kitchen Dining Description: Country Kitchen, Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Rooms: 8
  • Total Bedrooms: 4
  • Total Sq Ft: 1511

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 1.9000

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Wood
  • Hvac Type: Stove
  • Sewer Description: Septic

Lot Info

  • Parcel Number: 043200-027-004-0001-009-001-0000

Tax Info

  • Total Taxes: 2330

MLS Schools

  • School District Name: Cattaraugus-Little Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Feb 25, 2016
Sold by
Hertzler Dannie A
Bought by
Church Brian D
Seller's Agent
Lori Davie
Metro Kirsch Real Estate, Inc.
Buyer's Agent
Lori Davie
Metro Kirsch Real Estate, Inc.
List Price
$64,900
Sold Price
$56,000
Premium/Discount to List
-$8,900
-13.71%
Current Estimated Value
$117,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,333
Avg. Annual Appreciation
7.94%
Original Mortgage
$448,000
Outstanding Balance
$357,739
Interest Rate
3.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$240,406

Purchase Details

Closed on
Aug 28, 2008
Sold by
Miller Atlee
Bought by
Hertzler Dannie

Purchase Details

Closed on
Sep 15, 2006
Sold by
Teeter Estate Priscilla
Bought by
Miller Atlee
Source: Public Records

Range of Values:

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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
Church Brian D $56,000 Jill Anderson
Hertzler Dannie -- --
Miller Atlee $37,000 J. Richardson Lippert Ii
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Brian D $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2016 02/22/16 Sold $56,000 -13.7% $37 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $64,900 -- $43 / 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 $1,827 $78,300 $14,300 $64,000
2023 $1,858 $78,300 $14,300 $64,000
2022 $1,815 $68,100 $14,300 $53,800
2021 $1,785 $56,000 $13,800 $42,200
2020 $1,606 $56,000 $13,800 $42,200
2019 $728 $56,000 $13,800 $42,200
2018 $1,666 $56,000 $13,800 $42,200
2017 $1,709 $56,000 $13,800 $42,200
2016 $1,748 $56,000 $13,800 $42,200
2015 -- $45,800 $7,000 $38,800
2014 -- $45,800 $7,000 $38,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B484109

Western New York Real Estate Information Services (WNYREIS)

APN: 043200-027-004-0001-009-001-0000