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  • $540,000

    8472 Bailey Hill Rd, East Otto, NY 14729

    3beds
    2,380sqft
    Single Family Residence
    Built in 2011
    5.4 Acres Lot
    $587,000 Zestimate®
    $227/sqft
    $3,573 Estimated rent

    Home value

    $587,000

    $552,000 - $628,000

    $3,573/mo

    Zestimate® history
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    What's special

    Impressive foyerSpacious family roomLarge firepitPrimary suiteRadiant heat flooringCorner fireplace
    NEW ON THE MARKET! THIS TRUE TIMBER-BUILT HOME IS THE IDEAL RETREAT! THE LOCAL CRAFTMANSHIP ADDS TO THE CHARACTER OF THIS MOSTLY FURNISHED 3+ BEDROOM, 3 BATH CONTEMPORARY WITH RADIANT HEAT FLOORING. THE FIRST FLOOR BOASTS AN IMPRESSIVE FOYER, THE KITCHEN WITH RECLAIMED BARN BOARD CUSTOM CABINETRY OPENS INTO THE DINING AREA. THE 25 FOOT CATHEDRAL CEILINGS AND CORNER FIREPLACE IN THE LIVING ROOM WITH EXPOSED TIMBERS MAKE THIS AREA A GREAT SPOT TO ENTERTAIN. THERE IS A FIRST FLOOR PRIMARY SUITE WITH A JACUZZI TUB. THE SECOND FLOOR OFFERS ANOTHER BEDROOM AND LOFT AREA FOR WORK. THE LOWER LEVEL PROVIDES A SPACIOUS FAMILY ROOM, PLUS ANOTHER BEDROOM AND BATH. THERE IS A SMALL SLEEPING AREA HERE AS WELL. YOU MAY WALK OUT TO THE PRIVACY OF THE 5+ WOODED ACREAGE. THE PROEPRTY IS EQUALLY IMPRESSIVE OUTSIDE WITH A LARGE FIREPIT & AT NIGHT IN THE OVERSIZED HAMMOCK, YOU WILL TAKE IN A MEMORABLE VIEW OF THE STARS. THERE IS AN AMISH BUILT SHED FOR STORAGE. WHETHER YOU ARE LOOKING FOR YOUR DREAM HOME OR A VACATION GETAWAY, THIS IS THE HOME FOR YOU! CONVENIENTLY LOCATED BETWEEN ELLICOTTVILLE AND SPRINGVILLE.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina J Dillon 716-474-5646,

    Keller Williams Realty Lancaster

    Bought with:

    Jennifer Courtney, 10401348851

    Keller Williams Realty Lancaster

    Source: NYSAMLSs,MLS#: B1514661MLS LogoOriginating MLS: Buffalo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Basement
    Bedroom 4
    • Level: Basement
    Family room
    • Level: Basement
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Propane, Radiant
    Appliances
    • Included: Dryer, Dishwasher, Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Breakfast Bar, Dining Area, Entrance Foyer, Separate/Formal Living Room, Guest Accommodations, Granite Counters, Partially Furnished, Sliding Glass Door(s), Natural Woodwork, Bedroom on Main Level, In-Law Floorplan, Loft, Bath in Primary Bedroom, Main Level Primary, Primary Suite
    • Flooring: Carpet, Hardwood, Other, See Remarks, Tile, Varies
    • Doors: Sliding Doors
    • Windows: Thermal Windows
    • Basement: Full,Finished,Walk-Out Access
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 2,380
    • Total interior livable area: 2,380 sqft

    Property

    Parking
    • Parking features: No Garage, Driveway
    Features
    • Patio & porch: Deck, Open, Porch
    • Exterior features: Deck, Gravel Driveway, Propane Tank - Leased
    Lot
    • Size: 5.4 Acres
    • Dimensions: 159 x 967
    • Features: Cul-De-Sac, Irregular Lot, Wooded
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 04320003700100020080000000
    • Special conditions: Standard
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Chalet/Alpine,Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Siding
    • Foundation: Poured
    • Roof: Asphalt,Shingle
    Condition
    • Resale
    • Year built: 2011

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Well
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Security: Radon Mitigation System
    • Subdivision: Lofty Mountain Grandeur
    HOA
    • HOA fee: $700 annually
    Location
    • Region: East Otto

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $469,300
    • Annual tax amount: $12,033
    • Date on market: 12/26/2023
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    4/5/2024Sold$540,000-5.2%$227/sqft
    Source: NYSAMLSs #B1514661 Report a problem
    1/4/2024Pending sale$569,500$239/sqft
    Source: NYSAMLSs #B1514661 Report a problem
    12/26/2023Listed for sale$569,500+1086.5%$239/sqft
    Source: NYSAMLSs #B1514661 Report a problem
    2/22/2016Sold$48,000-61.6%$20/sqft
    Source: Public Record Report a problem
    11/29/2011Sold$125,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $542,100 +5.2%
    2024-- $515,200
    2023-- $515,200 +15.7%
    2022-- $445,100 +12.2%
    2021-- $396,600
    2020-- $396,600
    2019-- $396,600
    2018-- $396,600
    2017$5,796 $396,600
    2016-- $396,600 +118%
    2015-- $181,900
    2014-- $181,900
    2013-- $181,900 +233.8%
    2012-- $54,500 +1716.7%
    2011-- $3,000
    2010-- $3,000
    2009-- $3,000
    2008-- $3,000
    2007-- $3,000
    2006-- $3,000
    2005-- $3,000
    2004-- $3,000
    2002-- $3,000 +275%
    2001-- $800
    Find assessor info on the county website

    Neighborhood: 14729

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cattaraugus Campus Elementary
    • Middle: Cattaraugus-Little Valley Middle
    • High: Cattaraugus-Little Valley High
    • District: Cattaraugus-Little Valley

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.