$145,000
SOLD AUG 31, 2021

1016 W Sullivan St Olean, NY 14760

3 Beds
1.5 Baths
1,428 Sq Ft
4,094 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

6% Below List Price

118 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • 1 Car Detached Garage
  • Bonus Room
  • Den
  • Woodwork

About This Home

As of August 2021

WELCOME TO THE RESTORED 1016 W. SULLIVAN STREET! A RESTORATION AND REMODEL LIKE NO OTHER; BOLD ARTS & CRAFTS DESIGN YET SUBTLE, LIGHT AND AIRY THE WAY ITS MEANT TO BE! GLEAMING NEW AND ORIGNAL HARDWOOD FLOORS THROUGHOUT. ORIGINAL BUILT IN CABINETRY. SOME NEW WOODWORK TO MATCH ALL ORIGINAL STRUCTURES. REDISIGNED BEAUTIFUL KITCHEN WITH CUSTOM CHERRY CABINETRY, NEW SS APPLIANCES, QUARTZ COUNTERTOPS W/ COMPLEMENTING SUBWAY TILE BACKSPLASH-2 BEAUTIFULLY REMODELED BATHROOMS. LARGE ROOMS-OPEN FLOOR PLAN-AND NEUTRAL ARTS & CRAFTS STYLE COLORS. ALL OAK WOODWORK RESTORED TO PERFECTION. EXTERIOR & INTERIOR - NICE SIZE BEDROOMS EACH WITH THEIR OWN LIT WALK IN CLOSET. EVERY FIXTURE, EVERY MECHANICAL WORKING WHEEL OF THIS HOUSE IS NEW AND OR RESTORED. NEW WATER LINE FROM STREET TO HOUSE. SEAMLESS GUTTERS W/ LEAF GUARDS, COMPLETELY DRY AND PAINTED BASEMENT BRINGS IT ALL TOGETHER PEFECTLY! THIS STYLE HOUSE HAS WIDE OVERHANGING EAVES, EXPOSED RAFTERS W/ DECORATIVE CORBELS, AND SQUARE COLUMNS-YOUR JAW WILL DROP UPON APPROACH. SIT AWHILE, THERE IS A LOT TO TAKE IN HERE. AGAIN, WELCOME HOME.

Last Agent to Sell the Property

Rebecca Pettit

Listing by Homestar Realty License #40PE1006563 Listed on: 02/12/2021

Last Buyer's Agent

Cynthia Sellstrom

Listing by ERA Team VP Real Estate License #10401236069

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,098

Year Built

  • Built in 1900

Lot Details

  • 4,094 Sq Ft Lot
  • Lot Dimensions are 79 x 51
  • Pie Shaped Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • 1.7-Story Property
  • Woodwork
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Scuttle Attic Hole

Kitchen

  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Accessible Home Design

  • Roll-in Shower

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 041200-094-056-0004-012-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,098

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Accessibility: No Step Shower
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 75000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 79
  • Lot Dimension Front: 51
  • Lot Information: Neighborhood Street
  • Lot Number: 12
  • Lot Shape: Pie
  • Nearest Cross Street: Winters Ave.
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1542553.19
  • Ratio Close Price By Sq Ft: 101.54
  • Ratio List Price By Acres: 1638297.87
  • Ratio List Price By Sq Ft: 107.84
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 980
  • Styles of Residence: Bungalow
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4094
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1428
  • Directions To Property: Take N. 11th or 12th to Sullivan Street - house on left see Homestar Realty sign.
  • Sq Ft Total Pub: 1428
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Drapes - Some, Natural Woodwork - some, Pex Plumbing- Some
  • Additional Rooms: Bonus Room, Den/Study, Foyer/Entry Hall, Laundry-Basement, Living Room
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Pantry, Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 3
  • 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: 3
  • Total Sq Ft: 1428

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0940

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-056-0004-012-000-0000

Tax Info

  • Total Taxes: 4098

MLS Schools

  • Elementary School Name: Washington West Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Aug 4, 2021
Sold by
Hamilton Curtiss M and Hamilton Debby L
Bought by
Rector Jeffrey M
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Cynthia Sellstrom
ERA Team VP Real Estate
List Price
$154,000
Sold Price
$145,000
Premium/Discount to List
-$9,000
-5.84%
Current Estimated Value
$145,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827
Avg. Annual Appreciation
0.91%

Purchase Details

Listed on
Feb 11, 2014
Closed on
Nov 24, 2014
Sold by
Na, Bank Jp Morgan Chase
Bought by
Hamilton Curtiss M
Seller's Agent
Ronald Frazier
Real Estate Pros & More
Buyer's Agent
Lisa Darling
Homestar Realty
List Price
$24,000
Sold Price
$21,675
Premium/Discount to List
-$2,325
-9.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.52%

Purchase Details

Closed on
May 28, 2014
Sold by
Ivanich Loretta Lynn
Bought by
Jpmorgan Chase Bank N

Purchase Details

Closed on
Mar 14, 2006
Sold by
Brooks Douglas
Bought by
Brooks Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2006
Sold by
Mikolajczyk Scott
Bought by
Brooks Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1997
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
Warranty Deed $145,000 None Available
Deed $21,675 Daniel A. Derose
Foreclosure Deed $63,031 Llc Shapiro Dicaro & Barak
Interfamily Deed Transfer -- Ronald D. Ploetz
Deed $43,000 Ron Ploetz
Deed $41,000 --
Deed $41,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $49,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $145,000 -5.8% $102 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $154,000 +610.5% $108 / Sq Ft
12/03/2014 12/03/14 Sold $21,675 -9.7% $15 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $24,000 -- $17 / 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 $2,262 $75,000 $3,300 $71,700
2023 $2,824 $75,000 $3,300 $71,700
2022 $2,864 $75,000 $3,300 $71,700
2021 $2,947 $75,000 $3,300 $71,700
2020 $562 $30,400 $3,300 $27,100
2019 $456 $30,400 $3,300 $27,100
2018 $999 $30,400 $3,300 $27,100
2017 $556 $30,400 $3,300 $27,100
2016 $1,018 $30,400 $3,300 $27,100
2015 -- $30,400 $3,300 $27,100
2014 -- $40,500 $3,300 $37,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1319060

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0004-012-000-0000