$19,000
SOLD MAY 19, 2017

109 E Elm St Olean, NY 14760

3 Beds
1.5 Baths
1,524 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

24% Below List Price

124 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Country Kitchen
  • Wood Flooring
  • Partial Attic
  • Forced Air Cooling System

About This Home

As of November 2020

PRICE REDUCED! HUD home! Spacious 3 Bedroom 1 1/2 bath farm house. Large country kitchen, formal dining room, good sized living room. Hard wood floors, natural woodwork, and loads of character and charm. Would not take much to make this diamond in the rough shine. Accepting Bids Daily!

Last Agent to Sell the Property

Scott Walters

Listing by S.A.W. Commission Cutters Listed on: 12/01/2016

Co-Listed By

Jill Welfare

Listing by Prestige Family Realty License #10491210519

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 100 x 55
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Farmhouse Style Home
  • Stone Foundation

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Partial Attic

Kitchen

  • Country Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 041200-094-041-0002-044-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 56500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 55
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • Nearest Cross Street: N Union St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 146153.85
  • Ratio Close Price By Sq Ft: 12.47
  • Ratio List Price By Acres: 191715.38
  • Ratio List Price By Sq Ft: 16.35
  • Regional Board Code: Buffalo
  • School Tax: 1510
  • Styles of Residence: 2 Story, Farmhouse
  • Sub Board Code: Buffalo
  • Type of Sale: HUD or Govt Owned
  • Year Built Description: Existing
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: N. Union to Elm or River Street to Elm
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Full Bathrooms: 1
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Cooktop - Gas
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1524

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Deck, Partially Fenced Yard
  • Number of Acres: 0.1300

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-041-0002-044-000-0000

Tax Info

  • Total Taxes: 3130

MLS Schools

  • High School Name: Olean Senior High
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 26, 2020
Sold by
Tanner Nicole M and Cook Nicole M
Bought by
Zendarski Adam I and Schichtel Ashely L
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$82,500
Sold Price
$86,000
Premium/Discount to List
$3,500
4.24%
Current Estimated Value
$125,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,367
Avg. Annual Appreciation
8.13%

Purchase Details

Listed on
Aug 2, 2017
Closed on
Nov 3, 2017
Sold by
Tom Christopher
Bought by
Cook Nicole M
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$64,500
Sold Price
$67,000
Premium/Discount to List
$2,500
3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$74,747
Interest Rate
3.85%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 2, 2017
Closed on
Nov 2, 2017
Sold by
Tom Christopher
Bought by
Cook Nicole M
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$64,500
Sold Price
$67,000
Premium/Discount to List
$2,500
3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,747
Interest Rate
3.85%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 1, 2016
Closed on
May 22, 2017
Sold by
And Urban Developmen The Secretary Of Ho
Bought by
Tom Christopher
Seller's Agent
Scott Walters
S.A.W. Commission Cutters
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$24,923
Sold Price
$19,000
Premium/Discount to List
-$5,923
-23.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1281.19%

Purchase Details

Closed on
May 17, 2016
Sold by
Wells Fargo Bank Na
Bought by
Urban Development Secretary Of Housing A

Purchase Details

Closed on
Mar 25, 2014
Sold by
Baldwin Donald E By Bridget Mccue-Marsha
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 5, 2004
Sold by
Konieczka Jean
Bought by
Baldwin Donald
Source: Public Records

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    Claudia Attard-Keary EXP-Premier Listings Team

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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 Type Sale Price Title Company
Warranty Deed $86,000 None Available
Deed $67,000 None Available
Deed $67,000 None Available
Deed -- Daniel A. Derose
Deed -- --
Foreclosure Deed $42,000 Woods Oviatt Gilman Llp
Deed $56,500 Wagner & Hart
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $74,747 Unknown
Previous Owner $74,747 Unknown
Previous Owner $59,256 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $86,000 +4.2% $56 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $82,500 +23.1% $54 / Sq Ft
11/10/2017 11/10/17 Sold $67,000 -10.1% $44 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
08/02/2017 08/02/17 Price Changed $74,500 +15.5% $49 / Sq Ft
08/02/2017 08/02/17 For Sale $64,500 +239.5% $42 / Sq Ft
05/19/2017 05/19/17 Sold $19,000 -23.8% $12 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $24,923 0.0% $16 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/09/2017 03/09/17 Price Changed $24,923 -10.0% $16 / Sq Ft
03/01/2017 03/01/17 For Sale $27,692 0.0% $18 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/22/2017 01/22/17 Price Changed $27,692 -8.0% $18 / Sq Ft
12/01/2016 12/01/16 For Sale $30,100 -- $20 / 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 $2,322 $61,500 $4,500 $57,000
2023 $2,315 $61,500 $4,500 $57,000
2022 $2,349 $61,500 $4,500 $57,000
2021 $2,417 $61,500 $4,500 $57,000
2020 $2,433 $61,500 $4,500 $57,000
2019 $923 $61,500 $4,500 $57,000
2018 $2,849 $61,500 $4,500 $57,000
2017 $1,216 $30,000 $4,500 $25,500
2016 $3,876 $56,500 $4,500 $52,000
2015 -- $56,500 $4,500 $52,000
2014 -- $56,500 $4,500 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1015875

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-041-0002-044-000-0000