NOT LISTED FOR SALE

1049 Brook St Olean, NY 14760

Estimated Value: $98,000 - $126,000

4 Beds
1.5 Baths
1,395 Sq Ft
$80/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $52,000 $37 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $715/month

111 Days on Market

Highlights

  • 0.41 Acre Lot
  • Wood Flooring
  • 2 Car Detached Garage
  • Cape Cod Architecture
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of March 2014

Adorable cape cod home with four bedrooms and 1.5 baths. Baths are completely renovated, hardwood flooring throughout, full basement and a enclosed breezeway between home and the 2 car garage.

Last Agent to Sell the Property

Kelly Ralston

Listing by KLM Appraisal Services License #45000036822 Listed on: 10/02/2013

Last Buyer's Agent

Nathan Archer

Listing by No Office Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1951

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 135 x 132
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,395 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041200-094-067-0003-004-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Age: 62
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 49800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 132
  • Lot Information: Corner Lot, Neighborhood Street
  • L P Per Acre: 121707.3200
  • List Price per Sq Ft: 35.7706
  • Nearest Cross Street: Line Street
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 126829.27
  • Ratio Close Price By Sq Ft: 37.28
  • Ratio List Price By Acres: 121707.32
  • Ratio List Price By Sq Ft: 35.77
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1228
  • Sale Price List Price: 1.0420
  • S P Per Acre: 126829.2700
  • S P Per Sq Ft: 37.2800
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 71
  • Year Built: 1951
  • Directions To Property: King Street to Brook, Home sits on the corner or Brook and Line
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Additional Rooms: Foyer/Entry Hall
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1395

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.4100

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-067-0003-004-000-0000

Tax Info

  • Total Taxes: 2574

MLS Schools

  • 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
Oct 2, 2013
Closed on
Mar 28, 2014
Sold by
Gilds Seth M
Bought by
Macneal Melissa S
Seller's Agent
Kelly Ralston
KLM Appraisal Services
Buyer's Agent
Nathan Archer
No Office Affiliation
List Price
$49,900
Sold Price
$52,000
Premium/Discount to List
$2,100
4.21%
Current Estimated Value
$112,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,153
Avg. Annual Appreciation
6.12%
Original Mortgage
$56,122
Outstanding Balance
$43,170
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,510

Purchase Details

Closed on
Jan 25, 2010
Sold by
Herbert Katherine
Bought by
Gilds Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2002
Sold by
Korolyszyn Theodore
Bought by
Herbert Katherine I

Purchase Details

Closed on
Feb 12, 2002
Sold by
Korolyszyn Theodore
Bought by
Herbert Katherine I
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
Macneal Melissa S $55,000 Gregory E. Shemeld
Gilds Seth $30,000 J. Michael Shane
Herbert Katherine I $62,000 Greg Shemeld
Herbert Katherine I $62,000 Greg Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macneal Melissa S $4,381
Open Macneal Melissa S $56,122
Previous Owner Gilds Seth $6,000
Previous Owner Gilds Seth $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $52,000 +4.2% $37 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $49,900 -- $36 / 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 $1,311 $49,800 $11,600 $38,200
2023 $1,875 $49,800 $11,600 $38,200
2022 $1,902 $49,800 $11,600 $38,200
2021 $1,957 $49,800 $11,600 $38,200
2020 $1,330 $49,800 $11,600 $38,200
2019 $748 $49,800 $11,600 $38,200
2018 $2,045 $49,800 $11,600 $38,200
2017 $1,343 $49,800 $11,600 $38,200
2016 $1,303 $49,800 $11,600 $38,200
2015 -- $49,800 $11,600 $38,200
2014 -- $49,800 $11,600 $38,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B439762

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-067-0003-004-000-0000