NOT LISTED FOR SALE

107 Fairview Ave Olean, NY 14760

Estimated Value: $101,000 - $134,000

2 Beds
1 Bath
804 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2023

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

Est. 29% increase in value since last sale

Current estimated payment $796 / mo

3 Days on Market

Highlights

  • Recreation Room
  • Main Floor Bedroom
  • Separate Formal Living Room
  • Wood Flooring
  • Attic
  • 2 Car Detached Garage

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 Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 11/29/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kamille Connelly

Listing by EXP-Premier Listings Team 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 57x119

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 804 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Family Room
  • Separate Formal Living Room
  • Recreation Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Open Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating 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

6,783 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1950
  • Attribution Contact: 716-378-7039
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Main St, turn onto Willow St, turn onto Fairview Ave
  • Architectural Style: Ranch
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Attic, Ceiling Fan(s), Eat-in Kitchen, Separate/Formal Living Room, Pull Down Attic Stairs, Natural Woodwork, Bedroom on Main Level, Convertible Bedroom, Main Level Primary
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.1557
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Concrete Driveway, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Open, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-034-0005-022-001-0000
  • Lot Dimensions: 57X119
  • Lot Size Sq Ft: 6783.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3111.0
  • Tax Lot: 22

MLS Schools

  • Elementary School: East View Elementary

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
EXP-Premier Listings Team
List Price
$89,500
Sold Price
$89,500
Current Estimated Value
$115,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,544
Avg. Annual Appreciation
8.03%

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Braun Elliot J $89,500 None Available
Reese Laraine $43,000 Daniel R Palumbo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $2,184 $56,900 $8,700 $48,200
2024 $3,598 $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

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