NOT LISTED FOR SALE

1087 Promised Land Rd Olean, NY 14760

Estimated Value: $107,000 - $135,000

3 Beds
1 Bath
1,064 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $55,000 $52 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $877/month

11 Days on Market

Highlights

  • 1.4 Acre Lot
  • Partial Attic
  • Eat-In Kitchen
  • Portville Elementary School Rated A-
  • 1 Car Attached Garage
  • Living Room

About This Home

As of October 2017

Great starter or if you need to downsize this home fits the bill. This three bedroom 1 bath ranch is located on 1.4 acres . Full basement. 1 car garage. Covered patio to enjoy the wildlife that comes from the woods in back. Portville School District but minutes to Olean. Come view this home today.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 08/01/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1955

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 1 x 1

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Partial Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Shed

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 047489-104-001-0002-015-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,689

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Portville-047489
  • Total Assessed Value: 67200
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1
  • Lot Dimension Front: 1
  • Lot Information: Secondary Road
  • Lot Number: 15
  • Nearest Cross Street: Burnt Hill Rd
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 39285.71
  • Ratio Close Price By Sq Ft: 51.69
  • Ratio List Price By Acres: 46357.14
  • Ratio List Price By Sq Ft: 61.00
  • Regional Board Code: Rochester
  • School Tax: 1550
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 60984
  • Age of Building: 67
  • Year Built: 1955
  • Directions To Property: 417 to Promise land road.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Electrical Fuses - some
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement, Living Room
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In, Pantry
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1064

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: High Speed Internet
  • Number of Acres: 1.4000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 047489-104-001-0002-015-000-0000

Tax Info

  • Total Taxes: 2689

MLS Schools

  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Sep 29, 2017
Sold by
Minihan Sally A
Bought by
Kinnaird Linda K
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Current Estimated Value
$123,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,109
Avg. Annual Appreciation
10.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kinnaird Linda K $55,000 Brian Palumbo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2017 10/05/17 Sold $55,000 -15.3% $52 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $64,900 -- $61 / 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
2024 $2,852 $67,200 $11,000 $56,200
2023 $2,802 $67,200 $11,000 $56,200
2022 $2,696 $67,200 $11,000 $56,200
2021 $2,754 $67,200 $11,000 $56,200
2020 $2,767 $67,200 $11,000 $56,200
2019 $7 $67,200 $11,000 $56,200
2018 $2,800 $67,200 $11,000 $56,200
2017 $644 $67,200 $11,000 $56,200
2016 $638 $67,200 $11,000 $56,200
2015 -- $67,200 $11,000 $56,200
2014 -- $67,200 $11,000 $56,200
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2017

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    19 in this area

    239 Total Sales

    Kelly Patrone
    Section Image
  • Regis Handley

    Buyer's Agent in 2017

    Regis Handley

    Howard Hanna

    (716) 307-9256

    7 in this area

    222 Total Sales

    Regis Handley
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1066561

Chautauqua-Cattaraugus Board of REALTORS®

APN: 047489-104-001-0002-015-000-0000

New York Cattaraugus County Olean 14760

1087 Promised Land Rd, Olean, NY

Not Listed for Sale

Detached

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