NOT LISTED FOR SALE

1017 W Sullivan St Olean, NY 14760

Estimated Value: $93,000 - $116,000

3 Beds
2 Baths
1,438 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $16,500 $11 Per Sq Ft

Est. 540% increase in value since last sale

Current estimated payment $745/month

39 Days on Market

Highlights

  • Partial Attic
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Corner Lot
  • Enclosed Patio or Porch
  • Forced Air Cooling System

About This Home

As of June 2020

Don't miss this opportunity! This is a nice 3 bedroom house on a large corner lot looking for some TLC. This home has an inviting covered porch on the front, and an enclosed porch on the back for the chillier days. There is an eat in kitchen, formal dining room, laundry room and even a garage outside to allow plenty of room for a family to grow. It's priced right to help the new owner bring it back to it's original glory.

Last Agent to Sell the Property

Taylor Bennett

Listing by Keller Williams Realty License #10401246823 Listed on: 01/27/2020

Keller Williams Realty

Co-Listed By

Annamarie Bennett

Listing by ERA Team VP Real Estate License #10301224164

Last Buyer's Agent

Ron Wolf

Listing by Real Estate Pros & More License #30WO0580127

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1875

Lot Details

  • 3,850 Sq Ft Lot
  • Lot Dimensions are 70 x 55
  • Corner Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,438 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Wall to Wall Carpet
  • Partial Basement
  • Partial Attic
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Outdoor Features

  • Enclosed Patio or Porch

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

  • REO, home is currently bank or lender owned
  • Tax Lot 1
  • Assessor Parcel Number 041200-094-064-0003-001-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 59900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 70
  • Lot Dimension Front: 55
  • Lot Information: Corner Lot
  • Lot Number: 1
  • Nearest Cross Street: Winters
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 186651.58
  • Ratio Close Price By Sq Ft: 11.47
  • Ratio List Price By Acres: 282805.43
  • Ratio List Price By Sq Ft: 17.39
  • Regional Board Code: Rochester
  • School Tax: 1575
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 3850
  • Age of Building: 147
  • Year Built: 1875
  • Directions To Property: south on Buffalo St, turn left on W Sullivan St. , house is on the left on the corner if W Sullivan and Winters
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1875

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Enclosed, Porch - Open
  • Attic Description: Partial
  • Basement Description: Partial
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • 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: 1438

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0884

Garage/Parking

  • Driveway Description: Dirt
  • 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: 041200-094-064-0003-001-000-0000

Tax Info

  • Total Taxes: 3252

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
Jan 27, 2020
Closed on
May 7, 2020
Sold by
Cornerstone 70239 Hldgs
Bought by
Barlett Linda
Seller's Agent
Taylor Bennett
Keller Williams Realty
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$25,000
Sold Price
$16,500
Premium/Discount to List
-$8,500
-34%
Current Estimated Value
$105,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,052
Avg. Annual Appreciation
43.77%

Purchase Details

Closed on
Apr 2, 2019
Sold by
Arnold As Michael H
Bought by
Cornerstone Holdings Llc

Purchase Details

Closed on
Mar 1, 2019
Sold by
Arnold As Michael H
Bought by
Cornerstone Holdings Llc

Purchase Details

Closed on
Apr 16, 2008
Sold by
Homesales Inc
Bought by
Cornerstone Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,590
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Peters Alan
Bought by
Homesales Inc

Purchase Details

Closed on
Apr 22, 2004
Sold by
Atherton Fred Lewis
Bought by
Peters Alan
Source: Public Records

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 Buyer Sale Price Title Company
Barlett Linda -- None Available
Cornerstone Holdings Llc -- None Available
Cornerstone Holdings Llc -- None Available
Cornerstone 7973 Holdings -- --
Cornerstone Homes Inc $20,750 Robert Plaskov
Homesales Inc $28,050 Steven Baum
Peters Alan $33,500 Michael Feliciano
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornerstone Homes Inc $38,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $16,500 -34.0% $11 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $25,000 -- $17 / 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 $2,261 $59,900 $3,200 $56,700
2023 $2,255 $59,900 $3,200 $56,700
2022 $2,288 $59,900 $3,200 $56,700
2021 $2,354 $59,900 $3,200 $56,700
2020 $2,370 $59,900 $3,200 $56,700
2019 $899 $59,900 $3,200 $56,700
2018 $5,920 $59,900 $3,200 $56,700
2017 $5,129 $59,900 $3,200 $56,700
2016 $3,879 $59,900 $3,200 $56,700
2015 -- $59,900 $3,200 $56,700
2014 -- $59,900 $3,200 $56,700
Source: Public Records

Agents Affiliated with this Home

  • Taylor Bennett

    Seller's Agent in 2020

    Taylor Bennett

    Keller Williams Realty

    (716) 450-7235

    3 in this area

    489 Total Sales

    Taylor Bennett
    Section Image
  • Annamarie Bennett

    Seller Co-Listing Agent in 2020

    Annamarie Bennett

    ERA Team VP Real Estate

    (716) 397-4382

    136 Total Sales

    Annamarie Bennett
    Section Image
  • Ron Wolf

    Buyer's Agent in 2020

    Ron Wolf

    Real Estate Pros & More

    (716) 307-7117

    10 in this area

    15 Total Sales

    Ron Wolf
    Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1248465

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0003-001-000-0000

New York Cattaraugus County Olean 14760

1017 W Sullivan St, Olean, NY

This home is located at 1017 W Sullivan St, Olean, NY 14760 since 27 January 2020 and is currently estimated at $105,552, approximately $73 per square foot. This property was built in 1875. 1017 W Sullivan St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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