NOT LISTED FOR SALE

106 E Ohio St Olean, NY 14760

Estimated Value: $96,838 - $113,000

3 Beds
1 Bath
1,270 Sq Ft
$84/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $73,000 $57 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $734/month

250 Days on Market

Highlights

  • Country Kitchen
  • Forced Air Cooling System
  • 1-Story Property
  • 1 Car Attached Garage
  • Wall to Wall Carpet
  • 2-minute walk to Joseph Magnano Park

About This Home

As of May 2020

Hard to find three bedroom ranch in terrific condition. Spacious bedrooms, nice size living room for entertaining, full basement, attached garage and by the way situated in a fantastic Seneca Heights neighborhood. Perfect starter or downsizer home.

Last Agent to Sell the Property

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 07/03/2019

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1925

Lot Details

  • 5,708 Sq Ft Lot
  • Lot Dimensions are 110 x 51

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Country Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 041200-094-081-0003-018-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,218

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 53000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 51
  • Lot Number: 18
  • Nearest Cross Street: York
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 557251.91
  • Ratio Close Price By Sq Ft: 57.48
  • Ratio List Price By Acres: 632824.43
  • Ratio List Price By Sq Ft: 65.28
  • Regional Board Code: Buffalo
  • School Tax: 728
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5708
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: S. Union St. to York to left onto E. Ohio St.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1270

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1310

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • 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

Lot Info

  • Parcel Number: 041200-094-081-0003-018-000-0000

Tax Info

  • Total Taxes: 2218

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
May 5, 2020
Sold by
Ackerman Michael K
Bought by
Torrey Sueann
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$87,900
Sold Price
$73,000
Premium/Discount to List
-$14,900
-16.95%
Current Estimated Value
$106,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,960
Avg. Annual Appreciation
7.59%
Original Mortgage
$58,400
Outstanding Balance
$52,711
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$55,483

Purchase Details

Closed on
Sep 2, 2014
Sold by
Park Centre Development Inc
Bought by
Ackerman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,445
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
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
Torrey Sueann -- None Available
Ackerman Michael $61,700 Mountain & Spears
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrey Sueann $58,400
Previous Owner Ackerman Michael $52,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $73,000 -11.9% $57 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $82,900 -5.7% $65 / Sq Ft
01/06/2020 01/06/20 For Sale $87,900 +20.4% $69 / Sq Ft
01/03/2020 01/03/20 Off Market $73,000 -- --
01/01/2020 01/01/20 Pending -- -- --
10/17/2019 10/17/19 Price Changed $87,900 -2.2% $69 / Sq Ft
07/03/2019 07/03/19 For Sale $89,900 -- $71 / 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 $2,001 $53,000 $12,500 $40,500
2023 $1,995 $53,000 $12,500 $40,500
2022 $2,024 $53,000 $12,500 $40,500
2021 $2,083 $53,000 $12,500 $40,500
2020 $2,278 $53,000 $12,500 $40,500
2019 $796 $53,000 $12,500 $40,500
2018 $2,218 $53,000 $12,500 $40,500
2017 $1,472 $53,000 $12,500 $40,500
2016 $1,431 $53,000 $12,500 $40,500
2015 -- $53,000 $12,500 $40,500
2014 -- $53,000 $12,500 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1207281

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-081-0003-018-000-0000