NOT LISTED FOR SALE

1024 N Union St Olean, NY 14760

Estimated Value: $50,575

3 Beds
1.5 Baths
1,872 Sq Ft
$27/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $11,000 $6 Per Sq Ft

Est. 360% increase in value since last sale

Current estimated payment $317/month

14 Days on Market

Highlights

  • Partial Attic
  • Formal Dining Room
  • Ceiling Fan
  • Corner Lot
  • Eat-In Kitchen
  • High Speed Internet

About This Home

As of October 2017

This home is located at 1024 N Union St, Olean, NY 14760 since 01 September 2017 and is currently priced at $50,575, approximately $27 per square foot. This property was built in 1910. 1024 N Union St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 09/01/2017

Last Buyer's Agent

Ron Wolf

Listing by Real Estate Pros & More License #30WO0580127

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 100 x 45
  • Corner Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Wall to Wall Carpet
  • Partial Basement
  • Partial Attic
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Dirt Driveway

Utilities

  • Gravity Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 42
  • Assessor Parcel Number 041200-094-041-0003-042-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 49000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 45
  • Lot Information: Corner Lot
  • Lot Number: 42
  • Nearest Cross Street: E. Water Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 106485.96
  • Ratio Close Price By Sq Ft: 5.88
  • Ratio List Price By Acres: 92933.20
  • Ratio List Price By Sq Ft: 5.13
  • Regional Board Code: Rochester
  • School Tax: 1280
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 4500
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Corner of North Union & W. Water St
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Laundry-1st Floor
  • Attic Description: Partial
  • Basement Description: Partial
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • 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: 3
  • Total Sq Ft: 1872

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1033

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

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

Lot Info

  • Parcel Number: 041200-094-041-0003-042-000-0000

Tax Info

  • Total Taxes: 2679

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 1, 2017
Sold by
Jp Morgan Chase Bank
Bought by
Rafi Adnan
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$9,600
Sold Price
$11,000
Premium/Discount to List
$1,400
14.58%
Current Estimated Value
$50,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,575

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 18, 2017
Sold by
Jp Morgan Chase Bank
Bought by
Rafi Adnan
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$9,600
Sold Price
$11,000
Premium/Discount to List
$1,400
14.58%

Purchase Details

Listed on
Sep 1, 2017
Closed on
Sep 1, 2017
Sold by
Johnson Michael
Bought by
Jpmorgan Chase Bank National Association
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$9,600
Sold Price
$11,000
Premium/Discount to List
$1,400
14.58%

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jun 17, 2013
Sold by
Calbi Christine
Bought by
Johnson Michael
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$49,000
Sold Price
$32,000
Premium/Discount to List
-$17,000
-34.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.72%
Original Mortgage
$38,775
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1999
Sold by
Trask Stephanie J
Bought by
Calbi Christine M

Purchase Details

Closed on
Aug 26, 1997
Sold by
Sturdevant William and Weed Mary
Bought by
Trask Stephanie J
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 Buyer Sale Price Title Company
Rafi Adnan $11,000 None Available
Rafi Adnan -- Daniel A. Derose
Jpmorgan Chase Bank National Association $44,557 Shapiro, Dicaro & Barak
Johnson Michael $32,000 Nicholas Dicerbo
Calbi Christine M $37,250 Aimee Doyle
Trask Stephanie J $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Michael $38,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2017 10/25/17 Sold $11,000 +14.6% $6 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $9,600 -70.0% $5 / Sq Ft
06/18/2013 06/18/13 Sold $32,000 -34.7% $17 / Sq Ft View Prior Sale
04/01/2013 04/01/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $49,000 -- $26 / 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
2021 $824 $53,000 $4,100 $48,900
2020 $437 $53,000 $4,100 $48,900
2019 $437 $53,000 $4,100 $48,900
2018 $1,986 $29,100 $4,100 $25,000
2017 $1,986 $49,000 $4,100 $44,900
2016 $1,280 $49,000 $4,100 $44,900
2015 -- $49,000 $4,100 $44,900
2014 -- $49,000 $4,100 $44,900
Source: Public Records

Agents Affiliated with this Home

  • Ken Bailey

    Seller's Agent in 2017

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    65 in this area

    145 Total Sales

    Ken Bailey
    Section Image

  • R

    Buyer's Agent in 2017

    Ron Wolf

    Real Estate Pros & More

    Section Image
  • Claudia Attard-Keary

    Seller's Agent in 2013

    Claudia Attard-Keary

    EXP-Premier Listings Team

    (716) 307-8894

    176 in this area

    319 Total Sales

    Claudia Attard-Keary
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1073246

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-041-0003-042-000-0000

New York Cattaraugus County Olean 14760

1024 N Union St, Olean, NY

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