NOT LISTED FOR SALE

8502 Farnsworth Rd Cuba, NY 14727

Estimated Value: $182,745 - $223,000

40.7 Acres
$4,912 Price per Acre
1,772,892 Sq Ft Lot

Last Sold July 10, 2020

Last sale price $129,000 $116 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,203/month

294 Days on Market

Highlights

  • Scenic Views
  • Secluded Lot
  • Loft
  • 40.7 Acre Lot
  • Partially Wooded Lot
  • Great Room

About This Lot

As of July 2020

So far and yet so near.. everything. Just minutes to the village of Cuba and Cuba Lake. Well maintained 2 bedroom, 1 bath (second bedroom loft style) open floor plan home nestled in a country setting on 40+ acres. Great secondary home or use as a primary residence. Plenty of parking on this easy access level lot; invite the entire for a family getaway, enjoy peace and serenity year round. Great hunting here or enjoy trails throughout the wooded lot. Your gonna love it here.

Last Agent to Sell the Property

Lisa Darling

Listing by Homestar Realty License #10371200757 Listed on: 04/25/2019

Last Buyer's Agent

Lisa Darling

Listing by Homestar Realty License #10371200757 Listed on: 04/25/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,031

Year Built

  • Built in 2001

Lot Details

  • 40.7 Acre Lot
  • Lot Dimensions are 2,701 x 730
  • Property fronts a private road
  • Secluded Lot
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Cottage
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,109 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Great Room
  • Loft
  • Scenic Vista Views
  • Crawl Space

Kitchen

  • Country Kitchen
  • Gas Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway
  • Dirt Driveway

Outdoor Features

  • Porch

Schools

  • Cuba Elementary School
  • Cuba-Rushford Middle School
  • Cuba-Rushford High School

Utilities

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

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 024889-193-000-0001-013-004-0000

Property Details

Property Type

Land

Est. Annual Taxes

$3,031

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Topography: Level, Scenic, Slight Slope
  • NY Swis Code: Cuba-024889
  • Total Assessed Value: 72000
  • Foundation Description: Block
  • Land Features: Scenic View, Wooded - Partial
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 2701
  • Lot Dimension Front: 730
  • Lot Information: Secluded
  • Lot Number: 13
  • Nearest Cross Street: Moulton Rd
  • Number of Stories: 1.5000
  • Possible Uses: Horses, Recreational, Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 3169.53
  • Ratio Close Price By Sq Ft: 116.32
  • Ratio List Price By Acres: 3415.23
  • Ratio List Price By Sq Ft: 125.34
  • Regional Board Code: Buffalo
  • School Tax: 1128
  • Styles of Residence: Cottage
  • Sub Board Code: Buffalo
  • Type: Camp, Recreation
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 1772892
  • Age of Building: 21
  • Year Built: 2001
  • Directions To Property: 305 left on Stout, light right on Farnsworth
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Great Room, Loft, Porch - Open
  • Basement Description: Crawl Space, Slab
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bedrooms: 2
  • Total Sq Ft: 1109

Exterior Features

  • Frontage Road: Private, Rural
  • Construction: Vinyl
  • Number of Acres: 40.7000

Garage/Parking

  • Driveway Description: Dirt, Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Wood
  • Hvac Type: Stove
  • Number of Beds Approved for Septic: 3
  • Utilities Available: Electric, Telephone, Water
  • Utilities On-site: Electric, Water
  • Waste Disposal: Septic
  • Water Heater Fuel: Propane
  • Water Supply: Well

Schools

  • School District: Cuba-Rushford
  • Elementary School: Cuba Elementary
  • Middle School: Cuba-Rushford Middle
  • High School: Cuba-Rushford High

Lot Info

  • Parcel Number: 024889-193-000-0001-013-004-0000

Tax Info

  • Total Taxes: 3031

MLS Schools

  • Elementary School Name: Cuba Elementary
  • High School Name: Cuba-Rushford High
  • Middle School Name: Cuba-Rushford Middle
  • School District Name: Cuba-Rushford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
May 27, 2020
Sold by
Ragusa John and Ragusa Karen
Bought by
Alejandro Jessie S and Alejandro Vincent E
Seller's Agent
Lisa Darling
Homestar Realty
Buyer's Agent
Lisa Darling
Homestar Realty
List Price
$144,900
Sold Price
$129,000
Premium/Discount to List
-$15,900
-10.97%
Current Estimated Value
$199,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,936
Avg. Annual Appreciation
7.02%
Original Mortgage
$116,100
Outstanding Balance
$103,593
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,772

Purchase Details

Closed on
Aug 31, 2000
Sold by
Northeast Inc
Bought by
Ragusa John
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
Alejandro Jessie S $129,000 None Available
Ragusa John $23,000 --
Ragusa John $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alejandro Jessie S $116,100
Closed Alejandro Jessie S $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $129,000 -7.2% $116 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
06/12/2019 06/12/19 Price Changed $139,000 -4.1% $125 / Sq Ft
04/25/2019 04/25/19 For Sale $144,900 -- $131 / 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 $1,463 $133,200 $52,300 $80,900
2023 $3,812 $133,200 $52,300 $80,900
2022 $3,156 $72,000 $44,300 $27,700
2021 $3,074 $72,000 $44,300 $27,700
2020 $3,077 $72,000 $44,300 $27,700
2019 $3,032 $72,000 $44,300 $27,700
2018 $3,032 $72,000 $44,300 $27,700
2017 $3,104 $72,000 $44,300 $27,700
2016 $3,049 $72,000 $44,300 $27,700
2015 -- $72,000 $44,300 $27,700
2014 -- $72,000 $44,300 $27,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1187926

Western New York Real Estate Information Services (WNYREIS)

APN: 024889-193-000-0001-013-004-0000