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For sale by owner
  • $425,000

    5101 Madden Rd, Panama, NY 14767

    3beds
    2,000sqft
    Loading
    SingleFamily
    Built in 1978
    18 Acres Lot
    $-- Zestimate®
    $213/sqft
    $-- HOA

    What's special

    Two propane fireplacesPellet stoveFinished basementStone patioFire pitMetal roofThree bedroom
    After 23 years we are selling our WNY home. Planning to list with an agent shortly but wanted to get the word our prior to listing. Sits on 18 Acres. Three bedroom, 2 and a half bathrooms, finished basement, metal roof, new geothermal Heating/AC unit installed in December 2025, new air source heat pump water heater installed at the same time. Solar with a Tesla backup battery was installed in Spring of this year. The solar has been generating enough power to cover current usage plus the produces an additional 1000kw per month for future use. Home also has two propane fireplaces, a pellet stove, and an inwall electric fireplace in the master bedroom. Walk in shower, bathtub, large walk in closet all in master bedroom. Beautiful high ceiling entry way, with exposed beams on the outside of entry and inside. Kitchen has stainless appliances, and a walnut island. Finished basement with French drains behind the walls. Currently set up as entertainment/workout room. one bedroom and one newly updated earthy spa bathroom in the basement. Home also has two separate buildings. The studio building with full electric, water and septic lines (water lines never connected), metal roof, two story, board and batten siding. Would make a nice Airbnb, mother in law suite or convert to garage. There is also an old stone building on the property that has been used as a garden shed. That building has a metal roof and stone walls. The land itself has been managed for hunting usage and currently has 6 food plots including standing corn, clover, brassicas, and oats. I personally have taken several trophy whitetail and one large bear off the property. Whitetail, bear, an occasional turkey, and lots of small game exist on the property. Outside the home boasts a huge covered deck (750 square feet) and a large garden area with 5 large raised metal beds. Currently the garden is full of produce. There is also a stone patio and fire pit. The land has mixed timber (nothing mature), with Ash, Apple, Maple, Oak, and Black Walnut in the back yard.
    What the owner loves about this home
    Outdoor living, energy efficient, gardens, privacy, smell of wood, close to shopping
    21 days
    778
    60
    Listed by:

    Property Owner (716) 397-6330

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Baseboard, Other
      Interior area
      • Total interior livable area: 2,000 sqft

      Property

      Features
      • Exterior features: Other
      Lot
      • Size: 18 Acres
      Details
      • Parcel number: 064889435001163

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Conventional
      Materials
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1978

      Community & HOA

      Location
      • Region: Panama

      Financial & listing details

      • Price per square foot: $213/sqft
      • Tax assessed value: $185,000
      • Date on market: 9/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,361/mo

        Price history

        DateEventPrice
        9/5/2026Listed for sale$425,000+205.8%$213/sqft
        Source: Owner Report a problem
        7/2/2014Listing removed$139,000$70/sqft
        Source: ERA Team VP Real Estate #1033708 Report a problem
        2/28/2014Listed for sale$139,000-6.7%$70/sqft
        Source: ERA Team VP Real Estate #1033708 Report a problem
        5/25/2012Listing removed$149,000$75/sqft
        Source: Coldwell Banker Phil Mathyer Real Estate #1027381 Report a problem
        6/4/2011Listed for sale$149,000$75/sqft
        Source: Phil Mathyer Real Estate #1027381 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $111,000
        2024-- $111,000
        2023-- $111,000
        2022-- $111,000
        2021-- $111,000
        2020-- $111,000
        2019-- $111,000 +2.8%
        2018-- $108,000 +8.1%
        2017$1,225 $99,900 +6.8%
        2016-- $93,500
        2015-- $93,500
        2014-- $93,500
        2013-- $93,500 +9%
        2012-- $85,800
        2011-- $85,800
        2010-- $85,800
        2009-- $85,800
        2008-- $85,800
        2007-- $85,800 +15.9%
        2006-- $74,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14767

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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