$21,675
SOLD DEC 3, 2014

1016 W Sullivan St Olean, NY 14760

4 Beds
1.5 Baths
1,428 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

10% Below List Price

45 Days on Market

Highlights

  • Traditional Architecture
  • Solid Surface Countertops
  • Formal Dining Room
  • Wood Flooring
  • Walk-In Pantry
  • Forced Air Cooling System

About This Home

As of August 2021

This is a well built house, it just needs your touch to make it into a beautiful home. Hardwood floors, spacious closets in each of the 3 upstairs bedrooms. Lovely pantry just off the kitchen. The Basement has a cement floor, 6' 6" ceiling, and plus an outside door. All this and so much more, at a price that will not keep this property listed for long.

Last Agent to Sell the Property

Ronald Frazier

Listing by Real Estate Pros & More License #10401229681

Last Buyer's Agent

Lisa Darling

Listing by Homestar Realty License #10371200757

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 79 x 51

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Victorian Architecture
  • Block Foundation

Interior Spaces

  • 1,428 Sq Ft Home
  • 1.7-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Walk-In Pantry
  • Solid Surface Countertops

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-056-0004-012-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 114
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 40500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 79
  • Lot Dimension Front: 51
  • L P Per Acre: 253333.3300
  • List Price per Sq Ft: 15.9663
  • Nearest Cross Street: Buffalo St.
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 240833.33
  • Ratio Close Price By Sq Ft: 15.18
  • Ratio List Price By Acres: 253333.33
  • Ratio List Price By Sq Ft: 15.97
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 999
  • Sale Price List Price: 0.9506
  • S P Per Acre: 240833.3300
  • S P Per Sq Ft: 15.1800
  • Styles of Residence: Traditional, Victorian
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 22800.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: 7TH ST. TURN ON TO BUFFALO THEN RIGHT ONTO SULLIVAN ST.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Living Room
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl
  • Kitchen Dining Description: Formal Dining Room, Solid Surface Counter, Walk-In Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1428

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0900

Garage/Parking

  • Driveway Description: Parking Area
  • 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: 041200-094-056-0004-012-000-0000

Tax Info

  • Total Taxes: 2094

MLS Schools

  • 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%
Total Days on Market
45
Current Estimated Value
$157,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,805
Avg. Annual Appreciation
-0.07%

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

Map

Range of Values:

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Average Value
Not Available
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

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 $4,762 $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

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

MLS Number: B445541

Western New York Real Estate Information Services (WNYREIS)

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