NOT LISTED FOR SALE

1112 River St Olean, NY 14760

Olean Area

Estimated Value: $74,000 - $115,485

3 Beds
1 Bath
1,496 Sq Ft
$67/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2013

Last sale price $42,000 $28 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $702 / mo

122 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Forced Air Cooling System
  • Partial Attic
  • 1 Car Detached Garage
  • Wall to Wall Carpet

About This Home

As of January 2013

Great potential, nice price! Bank owner three bedroom in pleasant North Olean location, large fenced yard, garage, central air and new bath. Priced right.

Last Agent to Sell the Property

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 07/21/2012

Last Buyer's Agent

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 07/21/2012

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 297 x 44

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property
  • Den
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Partial Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-041-0004-015-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0.3 Acres

Listing Details

  • Age: 102
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 64000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 297
  • Lot Dimension Front: 44
  • L P Per Acre: 166333.3300
  • List Price per Sq Ft: 33.3556
  • Nearest Cross Street: Oak St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 140000.00
  • Ratio Close Price By Sq Ft: 28.07
  • Ratio List Price By Acres: 166333.33
  • Ratio List Price By Sq Ft: 33.36
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1515
  • Sale Price List Price: 0.8416
  • S P Per Acre: 140000.0000
  • S P Per Sq Ft: 28.0700
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: N. Union St. to River St.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Den/Study
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1496

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.3000

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Lot Info

  • Parcel Number: 041200-094-041-0004-015-000-0000

Tax Info

  • Total Taxes: 3246

MLS Schools

  • School District Name: Olean

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2012
Closed on
Jan 17, 2013
Sold by
Bought by
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%
Current Estimated Value
$100,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,121
Avg. Annual Appreciation
6.61%
Original Mortgage
$33,600
Outstanding Balance
$22,631
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$77,490

Purchase Details

Closed on
Jul 3, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1996
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olean, NY

  • Aimee Campbell Real Estate Agent - Empire Realty Group

    Aimee Campbell

    Responds Quickly

    Empire Realty Group

    (585) 565-5382

    157 Total Sales

    1 in Olean

    $155,000 Price

    Aimee Campbell
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  • Caitlin Croft Real Estate Agent - Iconic Real Estate

    Caitlin Croft

    Iconic Real Estate

    (716) 221-8308

    85 Total Sales

    6 in Olean

    $142K - $218K Price Range

    Caitlin Croft
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  • Heather Chase Real Estate Agent - ERA Team VP Real Estate

    Heather Chase

    ERA Team VP Real Estate

    (878) 217-7080

    145 Total Sales

    4 in Olean

    $100K - $200K Price Range

    Heather Chase
     Section Image
  • Anthony Dubreville Real Estate Agent - Keller Williams Realty WNY

    Anthony Dubreville

    Keller Williams Realty WNY

    (716) 221-8737

    105 Total Sales

    2 in Olean

    $26,000 Price Range

    Anthony Dubreville
     Section Image
  • Jonas Willson Real Estate Agent - Genesee River Realty

    Jonas Willson

    Genesee River Realty

    (585) 648-5008

    88 Total Sales

    1 in Olean

    $18,000 Price

    Jonas Willson
     Section Image
  • James Klossner Real Estate Agent - Whitetail Properties Real Estate, LLC

    James Klossner

    Whitetail Properties Real Estate, LLC

    (585) 627-0630

    92 Total Sales

    1 in Olean

    $105,000 Price

    James Klossner
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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
$42,000 Daniel R. Palumbo
$500 Michael Morgan
$63,500 Nicholas Dicerbo
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $33,600
Previous Owner $66,300
Closed $52,240
Closed $13,060
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
01/28/2013 01/28/13 Sold $42,000 -15.8% $28 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
07/21/2012 07/21/12 For Sale $49,900 -- $33 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax 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.

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 $1,823 $47,500 $5,700 $41,800
2024 $3,003 $47,500 $5,700 $41,800
2023 $1,788 $47,500 $5,700 $41,800
2022 $1,814 $47,500 $5,700 $41,800
2021 $1,867 $47,500 $5,700 $41,800
2020 $1,239 $47,500 $5,700 $41,800
2019 $1,944 $47,500 $5,700 $41,800
2018 $1,921 $47,500 $5,700 $41,800
2017 $1,249 $47,500 $5,700 $41,800
2016 $1,210 $47,500 $5,700 $41,800
2015 -- $47,500 $5,700 $41,800
2014 -- $45,000 $5,700 $39,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Thomas Butler

    Southern Tier Realty Co. Inc.

    (716) 378-7141

    36 Total Sales

    Thomas Butler
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Map

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

MLS Number: B412885

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-041-0004-015-000-0000

New York Cattaraugus County Olean 14760

1112 River St, Olean, NY

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