NOT LISTED FOR SALE

9585 N Otto Rd Unit N Cattaraugus, NY 14719

Estimated Value: $168,726 - $196,000

3 Beds
1.5 Baths
2,250 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $108,000 $48 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,194/month

68 Days on Market

Highlights

  • Barn
  • 5 Acre Lot
  • Wooded Lot
  • Horses Allowed On Property
  • Deck
  • Wood Flooring

About This Home

As of July 2018

This historic home began as a Church in 1870, then a Grange Hall constructed in the typical Greek Revival gable front style; and finally a residence in the 1970's. Rooms are spacious, the 1st floor has open beam and joist ceilings. Country kitchen with new counter tops, cherry & oak cabinets, a 2nd hand wash sink; kitchen opens to the dining and living areas. A full bath with claw foot tub and shower; laundry room with space for a toilet. A full-width front entry foyer from the new treated wood deck, 2 stairways to the 2nd floor, with 3 BR and large open sitting room, spacious 1/2 bath, built-in bunk beds. The 5 ac. parcel is partially wooded, and has a barn with horse stalls and loft for hay storage; fenced pasture area. This home is uniquely styled and must be seen to be appreciated.

Last Agent to Sell the Property

Dennis Sibley

Listing by No Office Affiliation License #30SI0861120 Listed on: 01/12/2018

Last Buyer's Agent

Louise Oeffling

Listing by Keller Williams Realty Lancaster License #40OE0920364

Keller Williams Realty Lancaster

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1870

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 591 x 389
  • Irregular Lot
  • Wooded Lot
  • Historic Home

Home Design

  • Block Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Combination Dining and Living Room
  • Laundry on main level

Kitchen

  • Eat-In Country Kitchen
  • Range Hood

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 046800-018-003-0001-021-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,461

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Otto-046800
  • Total Assessed Value: 64000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 591
  • Lot Dimension Front: 389
  • Lot Information: Agricultural District, Horses Permitted, Rural Road, Secondary Road, Wooded Lot
  • Lot Number: 21
  • Lot Shape: Irregular
  • Nearest Cross Street: Forty Road
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 21600.00
  • Ratio Close Price By Sq Ft: 48.00
  • Ratio List Price By Acres: 23000.00
  • Ratio List Price By Sq Ft: 51.11
  • Regional Board Code: Buffalo
  • School Tax: 888
  • Styles of Residence: 2 Story, Historic
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 206910
  • Age of Building: 152
  • Year Built: 1870
  • Directions To Property: From Rt. 219, Connoisarauley Rd. to Co. Rd. 12 to East Otto; rt. to Swamp Rd. to North Otto Rd., turn right and property is 2 miles on left before Forty Rd. Sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some, Sump Pump
  • Additional Rooms: Foyer/Entry Hall, Laundry-1st Floor, Living Room, Porch - Open, Possible Additional Bedroom
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wood-Some
  • Kitchen Appliances Included: Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Country Kitchen, Eat-In, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 2250

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck, Propane Tank - Leased
  • Number of Acres: 5.0000

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • Number of Beds Approved for Septic: 3
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Cattaraugus-Little Valley

Lot Info

  • Parcel Number: 046800-018-003-0001-021-000-0000

Tax Info

  • Total Taxes: 2461

MLS Schools

  • School District Name: Cattaraugus-Little Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jul 11, 2018
Sold by
Rush Deborah L
Bought by
Payne Kenneth P
Seller's Agent
Dennis Sibley
No Office Affiliation
Buyer's Agent
Louise Oeffling
Keller Williams Realty Lancaster
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%
Current Estimated Value
$170,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,870
Avg. Annual Appreciation
6.38%
Original Mortgage
$104,025
Outstanding Balance
$78,551
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$89,138

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jul 10, 2018
Sold by
Rush Deborah L
Bought by
Payne Kenneth P
Seller's Agent
Dennis Sibley
No Office Affiliation
Buyer's Agent
Louise Oeffling
Keller Williams Realty Lancaster
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,025
Outstanding Balance
$78,551
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$89,138

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jun 18, 2018
Sold by
Rush Deborah L
Bought by
Payne Kenneth P
Seller's Agent
Dennis Sibley
No Office Affiliation
Buyer's Agent
Louise Oeffling
Keller Williams Realty Lancaster
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,025
Outstanding Balance
$78,551
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$89,138

Purchase Details

Listed on
Jan 13, 2017
Closed on
Mar 9, 2017
Sold by
Mortgage Corporation Federal Home Loan
Bought by
Rush Deborah L
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Dennis Sibley
No Office Affiliation
List Price
$24,900
Sold Price
$24,000
Premium/Discount to List
-$900
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.84%

Purchase Details

Closed on
Aug 18, 2016
Sold by
Delisle Scott By
Bought by
Mortgage Corporation Federal Home Loan

Purchase Details

Closed on
Jul 18, 2002
Sold by
Richard Henry Terri L Phillips
Bought by
Delisle Scott
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
Payne Kenneth P $108,000 None Available
Payne Kenneth P $108,000 None Available
Payne Kenneth P -- --
Rush Deborah L -- David T. Pullen
Mortgage Corporation Federal Home Loan -- Gross Polowy, Llc.
Delisle Scott $80,000 Jerome Ander
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Kenneth P $104,025
Closed Payne Kenneth P $104,025
Closed Payne Kenneth P $104,025
Previous Owner Rush Deborah L $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $108,000 -6.1% $48 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $115,000 0.0% $51 / Sq Ft
01/28/2018 01/28/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $115,000 +379.2% $51 / Sq Ft
03/10/2017 03/10/17 Sold $24,000 -3.6% $13 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $24,900 -- $14 / 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 $3,152 $134,000 $23,300 $110,700
2023 $3,155 $128,200 $18,800 $109,400
2022 $3,217 $114,500 $18,800 $95,700
2021 $3,208 $104,100 $18,800 $85,300
2020 $3,422 $104,100 $18,800 $85,300
2019 $961 $95,600 $12,000 $83,600
2018 $4,871 $95,600 $12,000 $83,600
2017 $2,049 $64,000 $12,000 $52,000
2016 $3,339 $95,600 $12,000 $83,600
2015 -- $95,600 $12,000 $83,600
2014 -- $95,600 $12,000 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1094230

Western New York Real Estate Information Services (WNYREIS)

APN: 046800-018-003-0001-021-000-0000