NOT LISTED FOR SALE

9080 Otto-E Otto Rd Cattaraugus, NY 14719

Estimated Value: $111,467 - $131,000

4 Beds
3 Baths
3,505 Sq Ft
$35/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $5,000 $1 Per Sq Ft

Est. 2,325% increase in value since last sale

Current estimated payment $701/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Den
  • Living Room
  • Bonus Room
  • Forced Air Cooling System
  • Family Room

About This Home

As of February 2019

This home is ready for restoration to it's former glory! At over 3000 square feet the size is enormous and ready for your building plans! Seven rooms could be bedrooms with three bathrooms in place. Huge layout and floor plan! Beautiful woodwork and a stone fireplace remains and would highlight the refinished property! While this home will not qualify for financing due to the rehab needed, for the cash buyer it has endless opportunities. Fix it, flip it, rent it, live in it - the choice is yours!

Last Agent to Sell the Property

Todd VanDyke

Listing by RE/MAX On Point License #10491212754 Listed on: 11/24/2018

RE/MAX On Point

Last Buyer's Agent

Kevin Walker

Listing by No Office Affiliation License #10491200160

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 115 x 140

Home Design

  • Colonial Architecture
  • Stone Foundation

Interior Spaces

  • 3,505 Sq Ft Home
  • 1.7-Story Property
  • Family Room
  • Living Room
  • Den
  • Bonus Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Stone Driveway
  • Dirt Driveway

Schools

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

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 12
  • Assessor Parcel Number 046800-036-009-0002-012-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Otto-046800
  • Total Assessed Value: 72800
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 140
  • Lot Information: Neighborhood Street
  • Lot Number: 12
  • Nearest Cross Street: Catt-Otto Road
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 13528.14
  • Ratio Close Price By Sq Ft: 1.43
  • Ratio List Price By Acres: 26785.71
  • Ratio List Price By Sq Ft: 2.82
  • Regional Board Code: Buffalo
  • School Tax: 957
  • Styles of Residence: Colonial
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 16100
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Follow Otto-East Otto road. Look for sign.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: Bonus Room, Den/Study, Family Room, Living Room, Possible Additional Bedroom
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 10
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 3505

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.3696

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 046800-036-009-0002-012-000-0000

Tax Info

  • Total Taxes: 2801

MLS Schools

  • 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
Nov 24, 2018
Closed on
Feb 12, 2019
Sold by
Mtglq Investors Lp
Bought by
Walker Matthew J
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Kevin Walker
No Office Affiliation
List Price
$9,900
Sold Price
$5,000
Premium/Discount to List
-$4,900
-49.49%
Current Estimated Value
$121,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,234
Avg. Annual Appreciation
66.18%

Purchase Details

Listed on
Nov 24, 2018
Closed on
Feb 11, 2019
Sold by
Mtglq Investors Lp
Bought by
Walker Matthew J
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Kevin Walker
No Office Affiliation
List Price
$9,900
Sold Price
$5,000
Premium/Discount to List
-$4,900
-49.49%

Purchase Details

Listed on
Nov 24, 2018
Closed on
Jan 28, 2019
Sold by
Mtglq Investors Lp
Bought by
Walker Matthew J and Walker Kimberly E
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Kevin Walker
No Office Affiliation
List Price
$9,900
Sold Price
$5,000
Premium/Discount to List
-$4,900
-49.49%

Purchase Details

Closed on
Mar 1, 2018
Sold by
Harriga Charles Referee
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Feb 2, 2018
Sold by
Harrigan Charles M and Pierce Lisa
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jan 12, 2018
Sold by
Harriga Charles Referee
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Oct 24, 2007
Sold by
Krautsack Michael
Bought by
Pierce Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,400
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Federal National Mortgage Association
Bought by
Krautsack Michael
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
Walker Matthew J $5,000 None Available
Walker Matthew J $5,000 None Available
Walker Matthew J $5,000 None Available
Walker Matthew J $5,000 --
Walker Matthew J $5,000 --
Mtglq Investors Lp -- None Available
Mtglq Investors Lp -- None Available
Mtglq Investors Lp -- --
Mtglq Investors Lp -- --
Mtglq Investors Lp -- None Available
Pierce Lisa $66,775 John P Duffy
Pierce Lisa $66,775 John P Duffy
Krautsack Michael $7,550 Booker T. Washington
Krautsack Michael $7,550 Booker T. Washington
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierce Lisa $63,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $5,000 -49.5% $1 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
11/24/2018 11/24/18 For Sale $9,900 -- $3 / 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 $491 $22,600 $12,000 $10,600
2023 $465 $18,500 $8,000 $10,500
2022 $473 $16,500 $8,000 $8,500
2021 $472 $15,000 $8,000 $7,000
2020 $483 $15,000 $8,000 $7,000
2019 $1,064 $8,500 $3,700 $4,800
2018 $3,365 $72,800 $3,700 $69,100
2017 $3,484 $72,800 $3,700 $69,100
2016 $3,558 $72,800 $3,700 $69,100
2015 -- $72,800 $3,700 $69,100
2014 -- $72,800 $3,700 $69,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1161599

Western New York Real Estate Information Services (WNYREIS)

APN: 046800-036-009-0002-012-000-0000