$37,000
SOLD JUN 16, 2023

867 Lippert Hollow Rd Allegany, NY 14706

1.39 Acres
$26,619 Price per Acre
60,548 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

38% Below List Price

50 Days on Market

Highlights

  • 1.39 Acre Lot
  • Hilly Lot
  • Log Cabin
  • Allegany-Limestone Elementary School Rated 9+
  • Wooded Lot
  • Shed

About This Lot

As of June 2023

Here's your dream cabin in the woods! Wooded lot surrounded by more woods. Rocky outcroppings on the property are the same type as in Rock City Park, just a few hundred feet through the woods, or one mile by road. The well built 704 square foot cabin has a generous sized covered front porch, cathedral ceilinged great room, two bedrooms as well as a sleeping loft. A cozy kitchen is tucked into one corner. A propane heater as well as a woodstove are included for those chilly autumn mornings. Outhouse and interior privy for convenience. All contents included except for a few select items. Buyer must accept existing survey completed in September of 2020. Cabin is wired for both 120VAC and 12VDC for low voltage lighting. Generator included!

Last Agent to Sell the Property

Thomas Pietras

Listing by RE/MAX On Point License #10401299467 Listed on: 03/14/2023

RE/MAX On Point

Last Buyer's Agent

Donald McIntosh

Listing by ERA Team VP Real Estate License #10401354046

ERA Team VP Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $648

Year Built

  • Built in 1978

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 260 x 120
  • Rural Setting
  • Hilly Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Pier And Beam

Interior Spaces

  • 1 Bedroom
  • 704 Sq Ft Home
  • 1-Story Property

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Shed

Utilities

  • Space Heater
  • Heating System Uses Wood
  • Heating System Uses Propane

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 042089-112-001-0001-014-000-0000

Property Details

Property Type

Land

Est. Annual Taxes

$648

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Topography: Hilly
  • NY Swis Code: Allegany-042089
  • Total Assessed Value: 20000
  • Buildings Structures: Outhouse, Shed
  • Foundation Description: Pier and Beam
  • Land Features: Wooded
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 260
  • Lot Dimension Front: 120
  • Lot Information: Rural
  • Lot Number: 14
  • Nearest Cross Street: NY Rt 16
  • Number of Stories: 1.0000
  • Possible Uses: 2nd Home Development, Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 26618.71
  • Ratio Close Price By Sq Ft: 52.56
  • Ratio List Price By Acres: 32374.10
  • Ratio List Price By Sq Ft: 63.92
  • Regional Board Code: Buffalo
  • Roof Description: Metal
  • School Tax: 300
  • Styles of Residence: Cabin
  • Sub Board Code: Buffalo
  • Type: Camp
  • Type of Sale: Normal
  • Lot Sq Ft: 36155
  • Age of Building: 45
  • Year Built: 1978
  • Directions To Property: From Olean, go South on Rt 16. Right on Lippert Hollow/ Property is on the left. Sign in front.
  • Attribution Contact: 716-373-7325
  • EnergyEquipment: Propane Tank-Owned
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Number of Bedrooms 1st Floor: 2
  • Total Bedrooms: 1
  • Total Sq Ft: 704

Exterior Features

  • Frontage Road: Town
  • Construction: Wood
  • Number of Acres: 1.3900

Garage/Parking

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

Utilities

  • Heating Fuel Description: Propane, Wood
  • Hvac Type: Space Heater
  • Utilities Available: Electric

Schools

  • School District: Allegany-Limestone

Lot Info

  • Parcel Number: 042089-112-001-0001-014-000-0000

Tax Info

  • Total Taxes: 648

MLS Schools

  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jun 16, 2023
Sold by
Fronczak David
Bought by
Lamb Brian C
Seller's Agent
Thomas Pietras
RE/MAX On Point
Buyer's Agent
Donald McIntosh
ERA Team VP Real Estate
List Price
$59,900
Sold Price
$37,000
Premium/Discount to List
-$22,900
-38.23%
Views
317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.89%
Original Mortgage
$29,600
Outstanding Balance
$28,834
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$30,952

Purchase Details

Listed on
Jun 25, 2020
Closed on
Oct 1, 2020
Sold by
Harris Peter A
Bought by
Fronczak David
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Thomas Pietras
RE/MAX On Point
List Price
$29,900
Sold Price
$27,000
Premium/Discount to List
-$2,900
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Jan 13, 2017
Sold by
Harris Peter
Bought by
Harris Peter

Purchase Details

Closed on
Feb 21, 2014
Sold by
Welsh Patrick T
Bought by
Harris Peter
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $37,000 None Available
Warranty Deed -- None Available
Quit Claim Deed -- Gregory Shemeld
Quit Claim Deed -- Gregory Shemeld
Deed $11,500 John Coyle, Esq.
Deed $11,500 John Coyle, Esq.
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $29,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $40,000 +8.1% --
06/16/2023 06/16/23 Sold $37,000 -17.8% $53 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $45,000 -24.9% $64 / Sq Ft
03/14/2023 03/14/23 For Sale $59,900 +121.9% $85 / Sq Ft
10/19/2020 10/19/20 Sold $27,000 -9.7% $38 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $29,900 -- $42 / 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 $686 $20,000 $12,000 $8,000
2023 $685 $20,000 $12,000 $8,000
2022 $648 $20,000 $12,000 $8,000
2021 $655 $20,000 $12,000 $8,000
2020 $1,650 $33,000 $12,000 $21,000
2019 $211 $33,000 $12,000 $21,000
2018 $1,129 $33,000 $12,000 $21,000
2017 $447 $12,000 $9,400 $2,600
2016 $442 $12,000 $9,400 $2,600
2015 -- $12,000 $9,400 $2,600
2014 -- $33,000 $9,400 $23,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1459497

Western New York Real Estate Information Services (WNYREIS)

APN: 042089-112-001-0001-014-000-0000