NOT LISTED FOR SALE

1087 Promised Land Rd Olean, NY 14760

Estimated Value: $121,000 - $144,000

3 Beds
1 Bath
1,064 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2017

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

Est. 138% increase in value since last sale

Current estimated payment $938 / mo

11 Days on Market

Highlights

  • 1.4 Acre Lot
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Portville Elementary School Rated A-
  • Separate Formal Living Room
  • Eat-In Kitchen

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

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Siding
  • Copper Plumbing

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 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

1.4 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1955
  • ResoLaundryFeatures: In Basement
  • Directions: 417 to Promise land road.
  • Architectural Style: Ranch
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, Separate/Formal Living Room, Pantry, Bedroom on Main Level
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Fuses
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 1.4
  • Waterfront: No
  • Construction Type: Composite Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Portville

Lot Info

  • Parcel Number: 047489-104-001-0002-015-000-0000
  • Lot Dimensions: 1X1
  • Lot Size Sq Ft: 60984.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2689.0
  • Tax Lot: 15

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
$130,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,673
Avg. Annual Appreciation
10.59%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,891 $67,200 $11,000 $56,200
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

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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

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