$47,170
SOLD MAR 8, 2022

1007 W State St Olean, NY 14760

4 Beds
1.5 Baths
1,503 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

5% Below List Price

244 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Walk-Up Access
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of March 2022

OLEAN - Convenient location to shopping and downtown - 4 bedroom 1.5 bath home with about 1500 square feet of hardwood floors and ceramic tile. Lots of natural woodwork gives home lots of character.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 03/15/2021

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 03/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1919

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30

Parking

  • No Garage

Home Design

  • Stone Foundation

Interior Spaces

  • 1,503 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Scuttle Attic Hole

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 041200-094-064-0011-011-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,346

Year Built

Built in 1919

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 43000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 30
  • Lot Information: Primary Road
  • Lot Number: 11
  • Nearest Cross Street: 10th Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 684615.38
  • Ratio Close Price By Sq Ft: 31.38
  • Ratio List Price By Acres: 645863.57
  • Ratio List Price By Sq Ft: 29.61
  • Regional Board Code: Rochester
  • School Tax: 1137
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3000
  • Age of Building: 103
  • Year Built: 1919
  • Above Grade Finished Sq Ft: 1503
  • Directions To Property: West State Street across from Auto Zone, next to Dixie Auto
  • Sq Ft Total Pub: 1503
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1919

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-Basement, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkup/Bulkhead Doors, Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1503

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0689

Garage/Parking

  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0011-011-000-0000

Tax Info

  • Total Taxes: 2346

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2014
Closed on
Aug 4, 2015
Sold by
Adams Estate Estate Rose M
Bought by
Adams Dean J
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$49,900
Sold Price
$25,000
Premium/Discount to List
-$24,900
-49.9%
Current Estimated Value
$83,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,323
Avg. Annual Appreciation
12.09%
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 Type Sale Price Title Company
Interfamily Deed Transfer $25,000 Daniel R. Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $13,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $47,170 +6.0% $31 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $44,500 -7.1% $30 / Sq Ft
04/14/2021 04/14/21 Price Changed $47,900 -4.0% $32 / Sq Ft
03/15/2021 03/15/21 For Sale $49,900 +99.6% $33 / Sq Ft
08/04/2015 08/04/15 Sold $25,000 -49.9% $17 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
09/11/2014 09/11/14 For Sale $49,900 -- $33 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $1,623 $43,000 $2,500 $40,500
2023 $1,619 $43,000 $2,500 $40,500
2022 $1,642 $43,000 $2,500 $40,500
2021 $1,690 $43,000 $2,500 $40,500
2020 $1,701 $43,000 $2,500 $40,500
2019 $780 $43,000 $2,500 $40,500
2018 $2,508 $43,000 $2,500 $40,500
2017 $1,743 $43,000 $2,500 $40,500
2016 $1,724 $43,000 $2,500 $40,500
2015 -- $43,000 $2,500 $40,500
2014 -- $43,000 $2,500 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1323816

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0011-011-000-0000