$25,000
SOLD AUG 4, 2015

1007 W State St Olean, NY 14760

4 Beds
1.5 Baths
1,503 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$17 Per Sq Ft

50% Below List Price

293 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Cooling System
  • Porch
  • Woodwork
  • Living Room

About This Home

As of March 2022

Think outside the box with this great solid 4 bedroom 1.5 bath home . Lots of natural woodwork gives this home a lot of character. This home could be a great location for a nail /hair salon, antique shop, arts and crafts or rental property. Convenient location to shopping and downtown. Don't just drive by come and see the possibilites.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867

Howard Hanna Professionals

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Partially Fenced Property

Parking

  • No Garage

Home Design

  • Stone Foundation

Interior Spaces

  • 1,503 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • Scuttle Attic Hole
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Age: 95
  • 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
  • L P Per Acre: 557142.8600
  • List Price per Sq Ft: 25.9481
  • Nearest Cross Street: Tenth
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 357142.86
  • Ratio Close Price By Sq Ft: 16.63
  • Ratio List Price By Acres: 557142.86
  • Ratio List Price By Sq Ft: 25.95
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1085
  • Sale Price List Price: 0.6410
  • S P Per Acre: 357142.8600
  • S P Per Sq Ft: 16.6300
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 39000.00
  • Year Built Description: Existing
  • Age of Building: 103
  • Year Built: 1919
  • Directions To Property: 10th street to west state. Next door to Dixi Auto.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1919

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1503

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.0700

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: 2271

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
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals
List Price
$49,900
Sold Price
$25,000
Premium/Discount to List
-$24,900
-49.9%
Total Days on Market
293
Current Estimated Value
$79,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,849
Avg. Annual Appreciation
11.84%

Map

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: Western New York Real Estate Information Services (WNYREIS)

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 $2,730 $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

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B460887

Western New York Real Estate Information Services (WNYREIS)

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