NOT LISTED FOR SALE

1011 Spruce St Olean, NY 14760

Estimated Value: $71,000 - $114,000

2 Beds
1.5 Baths
1,260 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 07, 2012

Last sale price $38,500 $31 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $595/month

72 Days on Market

Highlights

  • Partial Attic
  • Eat-In Kitchen
  • Wall to Wall Carpet
  • Porch

About This Home

As of September 2012

Great starter in nice Olean neighborhood. Very well maintained with 2 bdrms, 1.5 baths. Full basement, back yard and carport.

Last Agent to Sell the Property

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519 Listed on: 04/09/2012

Last Buyer's Agent

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 132 x 53

Parking

  • No Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Partial Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 94.048-1-12

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 102
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 53000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 53
  • Lot Information: Neighborhood Street
  • L P Per Acre: 289634.1500
  • List Price per Sq Ft: 37.6984
  • Nearest Cross Street: Forest
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 240625.00
  • Ratio Close Price By Sq Ft: 30.56
  • Ratio List Price By Acres: 296875.00
  • Ratio List Price By Sq Ft: 37.70
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1254
  • Sale Price List Price: 0.8105
  • S P Per Acre: 240625.0000
  • S P Per Sq Ft: 30.5555
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 47500.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Wayne to North 4th to Spruce
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Porch - Open
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • Total Sq Ft: 1260

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1600

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 94.048-1-12

Tax Info

  • Total Taxes: 2680

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Sep 4, 2012
Sold by
Dicerbo Louise
Bought by
Mikolajczyk Cynthia
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$47,500
Sold Price
$38,500
Premium/Discount to List
-$9,000
-18.95%
Current Estimated Value
$88,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,227
Avg. Annual Appreciation
6.21%
Original Mortgage
$30,800
Outstanding Balance
$21,680
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,868
Source: Public Records

Range of Values:

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Average Value
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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
Mikolajczyk Cynthia $38,500 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikolajczyk Cynthia $30,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2012 09/07/12 Sold $38,500 -18.9% $31 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $47,500 -- $38 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,510 $40,000 $5,100 $34,900
2023 $1,506 $40,000 $5,100 $34,900
2022 $1,528 $40,000 $5,100 $34,900
2021 $1,572 $40,000 $5,100 $34,900
2020 $1,583 $40,000 $5,100 $34,900
2019 $1,045 $40,000 $5,100 $34,900
2018 $2,681 $40,000 $5,100 $34,900
2017 $1,621 $40,000 $5,100 $34,900
2016 $1,604 $40,000 $5,100 $34,900
2015 -- $40,000 $5,100 $34,900
2014 -- $40,000 $5,100 $34,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B405409

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-048-0001-012-000-0000