NOT LISTED FOR SALE

107 Fairview Ave Olean, NY 14760

Estimated Value: $87,000 - $114,000

2 Beds
1 Bath
804 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $89,500 $111 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $771/month

3 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Porch
  • Finished Attic
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of February 2023

The perfect home to downsize into. Located on the very low-traffic road of Fairview Ave, parallel to Main Street, this home has a large two-car garage, several updates over the years from the current owner, including a brand new hot water tank, the roof from 2011, an entirely redone kitchen, maintained exterior porches, and driveway. This home is currently set up as a one-bedroom with a living room and a family room. The family room was initially a bedroom and was converted into extra living space. The upstairs has a finished room that has been used as a bedroom in the past and has heat for a current second bedroom or even a potential third bedroom. The basement is also a very usable space and has a setup for a workshop, storage, and laundry currently.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 11/29/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kamille Connelly

Listing by Premier Listings Real Estate License #10401357981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,111

Year Built

  • Built in 1950

Lot Details

  • 6,783 Sq Ft Lot
  • Lot Dimensions are 119 x 57

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 804 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Pull Down Stairs to Attic
  • Finished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 041200-094-034-0005-022-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,111

Year Built

Built in 1950

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 56900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 119
  • Lot Dimension Front: 57
  • Lot Information: Neighborhood Street
  • Lot Number: 22
  • Nearest Cross Street: Willow Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 574823.38
  • Ratio Close Price By Sq Ft: 111.32
  • Ratio List Price By Acres: 574823.38
  • Ratio List Price By Sq Ft: 111.32
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1501
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6783
  • Age of Building: 73
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 804
  • Directions To Property: From Main St, turn onto Willow St, turn onto Fairview Ave
  • Sq Ft Total Pub: 804
  • Attribution Contact: 716-378-7039
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Family Room, Laundry-Basement, Living Room, Porch - Open, Possible Additional Bedroom
  • Attic Description: Finished, Full, Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 804

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Patio
  • Number of Acres: 0.1557

Garage/Parking

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

Utilities

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

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-034-0005-022-001-0000

Tax Info

  • Total Taxes: 3111

MLS Schools

  • Elementary School Name: East View 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
Nov 29, 2022
Closed on
Jan 26, 2023
Sold by
Caruso Laraine and Reese Laraine
Bought by
Braun Elliot J and Braun Karen A
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Kamille Connelly
Premier Listings Real Estate
List Price
$89,500
Sold Price
$89,500
Current Estimated Value
$103,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,495
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
May 15, 2000
Sold by
Est-Gillingham Evangeline M
Bought by
Reese Laraine
Source: Public Records

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Range of Values:

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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
Braun Elliot J $89,500 None Available
Reese Laraine $43,000 Daniel R Palumbo
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $89,500 0.0% $111 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $89,500 -- $111 / 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 $2,299 $56,900 $8,700 $48,200
2023 $2,142 $56,900 $8,700 $48,200
2022 $2,005 $56,900 $8,700 $48,200
2021 $2,236 $56,900 $8,700 $48,200
2020 $800 $56,900 $8,700 $48,200
2019 $854 $56,900 $8,700 $48,200
2018 $2,217 $56,900 $8,700 $48,200
2017 $684 $56,900 $8,700 $48,200
2016 $448 $56,900 $8,700 $48,200
2015 -- $56,900 $8,700 $48,200
2014 -- $56,900 $8,700 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1446805

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-034-0005-022-001-0000