NOT LISTED FOR SALE

101 Virginia St Olean, NY 14760

Estimated Value: $144,000 - $184,774

3 Beds
2 Baths
1,575 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $140,000 $89 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,163/month

4 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Formal Dining Room
  • Partial Attic
  • Workshop
  • 3-minute walk to Joseph Magnano Park

About This Home

As of December 2022

Charming three bedroom, two full bath split level home with a two car detached garage. Beautiful hardwood floors throughout. First level features dining room, family room, kitchen with pantry, and full bath. Step up and enjoy the cozy and cheery living room plus another room that would make a great office or reading room. Upstairs are two bedrooms and a full bath and an upper tier with a large master bedroom with plenty of closet and storage space. Beautifully landscaped yard.

Last Agent to Sell the Property

John Skadowski

Listing by Howard Hanna Professionals - Olean License #40SK1093971 Listed on: 09/30/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 1947

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 66 x 100

Home Design

  • Block Foundation

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Partial Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Trash Compactor

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Location

  • Flood Zone Lot

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 041200-094-082-0001-001-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,418

Year Built

Built in 1947

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 99100
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 66
  • Lot Dimension Front: 100
  • Lot Information: Flood Zone, Secondary Road
  • Lot Number: 1
  • Nearest Cross Street: Ohio
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 924092.41
  • Ratio Close Price By Sq Ft: 88.89
  • Ratio List Price By Acres: 983498.35
  • Ratio List Price By Sq Ft: 94.60
  • Regional Board Code: Rochester
  • School Tax: 2614
  • Styles of Residence: Split Level
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6600
  • Age of Building: 76
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 1143
  • Directions To Property: York Street to left on Ohio Street. House on corner of Virginia Street
  • Sq Ft Total Pub: 1575
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Water Softener - Owned
  • Additional Rooms: Den/Study, Family Room, Laundry-Basement, Living Room, Office, Workshop
  • Attic Description: Crawl Space, Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: Dryer, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator, Trash Compactor, Washer
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Formal Dining Room, Pantry
  • Number of Bedrooms 2nd Floor: 2
  • Number of Bedrooms 3rd Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1575

Exterior Features

  • Construction: Aluminum/Steel, Brick
  • Additional Exterior Features: Cable TV Available, Garage Door Opener
  • Number of Acres: 0.1515

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

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: 041200-094-082-0001-001-000-0000

Tax Info

  • Total Taxes: 5418

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Dec 21, 2022
Sold by
Leute Frank A and Leute Elizabeth L
Bought by
Mcelfresh Reed H
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Current Estimated Value
$161,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,194
Avg. Annual Appreciation
9.11%
Original Mortgage
$112,000
Outstanding Balance
$109,009
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,447
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mcelfresh Reed H $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelfresh Reed H $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $140,000 -6.0% $89 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $149,000 -- $95 / 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 $3,741 $99,100 $11,500 $87,600
2023 $3,731 $99,100 $11,500 $87,600
2022 $3,785 $99,100 $11,500 $87,600
2021 $3,894 $99,100 $11,500 $87,600
2020 $2,493 $99,100 $11,500 $87,600
2019 $1,488 $99,100 $11,500 $87,600
2018 $3,918 $99,100 $11,500 $87,600
2017 $2,541 $99,100 $11,500 $87,600
2016 $2,510 $99,100 $11,500 $87,600
2015 -- $99,100 $11,500 $87,600
2014 -- $99,100 $11,500 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1436492

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-082-0001-001-000-0000