2540 Five Mile Rd
Allegany, NY 14706
4 bd 3 ba 2,701 sqft Built 1988 Lot 48,787 sqft single_family
Most recent sale
$289,000
Aug 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2025 | Sold | $320,000 | NYStateAlliance |
| Aug 9, 2022 | Sold | $289,000 | MLS #B1407141 |
| May 19, 2022 | Listed | $289,000 | MLS #B1407141 |
| Oct 30, 2020 | Sold | $211,000 | MLS #R1275884 |
| Jul 2, 2020 | Listed | $219,000 | MLS #R1275884 |
| Sep 20, 2006 | Sold | $170,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $157,600 | $22,400 | $180,000 | $6,227 |
| 2024 | $157,600 | $22,400 | $180,000 | $6,170 |
| 2023 | $157,600 | $22,400 | $180,000 | $5,879 |
| 2022 | $157,600 | $22,400 | $180,000 | $5,899 |
| 2021 | $157,600 | $22,400 | $180,000 | $5,956 |
| 2020 | $157,600 | $22,400 | $180,000 | $5,497 |
| 2019 | $157,600 | $22,400 | $180,000 | $5,595 |
| 2018 | $157,600 | $22,400 | $180,000 | $5,646 |
| 2017 | $143,800 | $14,100 | $157,900 | $5,357 |
| 2016 | $143,800 | $14,100 | $157,900 | $5,285 |
| 2015 | $143,800 | $14,100 | $157,900 | $5,318 |
| 2014 | $143,800 | $14,100 | $157,900 | $5,425 |
| 2013 | $143,800 | $14,100 | $157,900 | $5,858 |
| 2012 | $143,800 | $14,100 | $157,900 | $5,239 |
| 2011 | $143,800 | $14,100 | $157,900 | $5,177 |
| 2010 | $143,800 | $14,100 | $157,900 | $5,047 |
| 2009 | $143,800 | $14,100 | $157,900 | $4,794 |
| 2008 | $143,800 | $14,100 | $157,900 | $4,657 |
| 2007 | $143,800 | $14,100 | $157,900 | $4,656 |
Property facts
Year built
1988
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,701 sqft
Lot size
48,787 sqft
ZIP code
14706
City
Allegany
Street
Five Mile Rd
Coordinates
42.10965, -78.49982
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,734
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2540 Five Mile Rd last sell?
2540 Five Mile Rd most recently sold on Aug 9, 2022 for $289,000.
What is the current tax assessment for 2540 Five Mile Rd?
The most recent total assessment for 2540 Five Mile Rd (year 2025) is $180,000 with $6,227 in property tax.
How does 2540 Five Mile Rd's assessment compare to its last sale price?
The current assessment is 37.7% below the last sale price of $289,000.
When was 2540 Five Mile Rd built?
2540 Five Mile Rd was built in 1988.
How does 2540 Five Mile Rd compare to others on Five Mile Rd?
We track 8 other properties on Five Mile Rd. Browse the list under "Other properties on Five Mile Rd" to compare beds, baths, and sale history.
What are the property facts for 2540 Five Mile Rd?
2540 Five Mile Rd is a 4 bed, 3 bath, 2,701 sqft, 48,787 sqft lot single_family.
Is 2540 Five Mile Rd a flip candidate?
Yes — 2540 Five Mile Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2540 Five Mile Rd a tax-appeal candidate?
No — 2540 Five Mile Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.8%
2025 Q4
$170.3K
2026 Q1
$172.9K
ZIP 14706 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Five Mile Rd