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7242 Poverty Hill Rd, Ellicottville, NY, 14731

$1,599,995

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
4,406 SqFt
$363/SqFt
House
Schools Nearby

Location

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7242 Poverty Hill Rd, Ellicottville$1,599,995

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Garage2 spaces
Year Built1990
HeatingElectric, Propane, Other, Zoned
CoolingOther, Zoned, Wall Unit(s)
BasementYes
WaterfrontPond
MLS #B1520872
Lot Size27.00 Acres
StatusActive

About 7242 Poverty Hill Rd

TURN KEY & Luxurious 27 acre 4 Bd home completely renovated from top to bottom. The perfect location is just the beginning when describing this luxurious & modern home, located in Ellicottville w/ trees, pond, mineral rights, & abundant parking. Incredible home w/3 levels. 1st level offers 2 bds & full bath. A large living space w/ fireplace offers additional area 4 multiple families & offers wet bar. Second floor enters into a large open concept living space w/ large windows & great lighting. Kitchen offers large dining space w/massive island. Extensive cupboard space, beverage fridge, & commercial grade appliances. The floor has half bth w/laundry & master bdrm w/ensuite full bth. Exterior deck flows around the entire floor & thier is multiple exits to enjoy nature & the views from the seating inside & outside. 3rd floor loft offers bedrm w/ full bath & private deck 4 guests. Home is spectacular inside & out. Adventure awaits when you explore the property and nature that surrounds. Property acreage includes additional Tax Map # 46.002-1-6.3 (13.9 acres w/total of both parcels = 27 acres w/property) Tax info doesnt include this parcel. Proof of purchase Funds required.

Property Details

Property Features

Property Information:

  • Architectural Style: Chalet/Alpine
  • Year Built: 1990
  • Stories: 3
  • Living Area: 4,406 SqFt

Listing Office:

  • Office Name: Saperston Real Estate Corp
  • Office Phone: (716) 863-2719
  • Listing Agent: Jamie Vaarwerk

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Water Heater, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Varies
  • Interior: Wet Bar, Eat-in Kitchen, Separate/Formal Living Room, Other, See Remarks, Sliding Glass Door(s), Bar, Bedroom on Main Level, Loft, Bath in Primary Bedroom, Main Level Primary, Programmable Thermostat

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • Exterior: Deck, Gravel Driveway

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Secluded, Wooded
  • Lot Size: 27.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Propane, Other, Zoned
  • Cooling: Other, Zoned, Wall Unit(s)

Other

Directions Information:

  • Directions: From the village Take elk to maple and maple to poverty hill. look for 7242 sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,995
  • Price Per SqFt: $363/SqFt

Tax Information:

  • Annual Amount: $5,512
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1520872

Listing Office:

  • Office Name: Saperston Real Estate Corp
  • Office Phone: (716) 863-2719
  • Listing Agent: Jamie Vaarwerk

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/2/2024, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,512$405,100
2019$9,390$405,100
2018$9,317$405,100
2017$9,138$405,100

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4933527
8
/10

  • Ellicottville Elementary School

  • 5873route 219

  • 4.70 miles

  • Public District Grades PK-6

school-card-donut-4933528
3
/10

  • Cattaraugus-Little Valley Elementary School

  • 25 N Franklin St

  • 9.03 miles

  • Public District Grades PK-4

school-card-donut-4933529
2
/10

  • Prospect Elementary School

  • 300 Prospect Ave

  • 10.67 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,650. Typical income of Cattaraugus County, NY residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7242 Poverty Hill Rd

What is the listing price of this property?

The listing price of 7242 Poverty Hill Rd property is $1,599,995.

What type of property is this?

The property 7242 Poverty Hill Rd is a house located in Ellicottville, New York, 14731.

Is this property for sale now?

Active Listing: 7242 Poverty Hill Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,512 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7242 Poverty Hill Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 7242 Poverty Hill Rd is 4,406 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7242 Poverty Hill Rd is 1990.

Rocket Homes›New York›Cattaraugus County›Ellicottville›14731›7242 Poverty Hill Rd

This home is located at 7242 Poverty Hill Rd in Ellicottville, NY and zip code 14731. This 4,406 square foot home, which was built in 1990, sits on a 27.00 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $1,599,995.

Cattaraugus County, NY housing market in April 2024 saw over 8 listings sold above listed price, more than 3 sold at listed price and over 18 sold below. Between March 2024 and April 2024, Cattaraugus County, NY real estate market has seen decrease in the number of listings by 11%. The median list price of listings available in April 2024 was $147,100, while the average time on the real estate market was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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