NOT LISTED FOR SALE

1113 Irving St Olean, NY 14760

Estimated Value: $96,598 - $124,000

4 Beds
2 Baths
1,858 Sq Ft
$60/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $32,000 $17 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $737/month

511 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Country Kitchen
  • Wall to Wall Carpet
  • Den
  • Baseboard Heating

About This Home

As of July 2020

priced below assessed value. Attention: investors, great rental. Large home with 4 bedrooms and 2 full baths. Nice location not far from West State St. Live in the City of Olean, where it has so much to offer with great shopping, restaurants. Nice empty lot next door and dike in the backyard. Rented! Need at least 24 hours notice to tenants. Your lender will require flood insurance, if you are getting a mortgage.

Last Listed By

Carol Thomas

Listing by Howard Hanna Professionals License #30TH0755390 Listed on: 01/15/2019

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Lot Details

  • 10,442 Sq Ft Lot
  • Lot Dimensions are 152 x 68
  • 60 Feet of Waterfront
  • River Front

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,858 Sq Ft Home
  • 2-Story Property
  • Den
  • Basement Fills Entire Space Under The House
  • Country Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Stone Driveway

Location

  • Flood Zone Lot

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 041200-094-072-0005-004-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 58000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 152
  • Lot Dimension Front: 68
  • Lot Information: Flood Zone
  • Lot Number: 4
  • Nearest Cross Street: 10th St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 133500.21
  • Ratio Close Price By Sq Ft: 17.22
  • Ratio List Price By Acres: 133500.21
  • Ratio List Price By Sq Ft: 17.22
  • Regional Board Code: Buffalo
  • School Tax: 1526
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 10442
  • Age of Building: 137
  • Year Built: 1885
  • Directions To Property: Take Union to West State St. and turn left onto South 10th St. Then right onto Irving. House is on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1885

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Den/Study, Laundry-1st Floor
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1858

Exterior Features

  • Construction: Vinyl
  • Waterfront Name: Allegany River
  • Number of Acres: 0.2397
  • Waterfront Description: River/Stream/Creek
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 041200-094-072-0005-004-000-0000

Tax Info

  • Total Taxes: 3181

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jun 30, 2020
Sold by
Lounsbury John A and Lounsbury Linore E
Bought by
Hoppe Brittany and Otero Robert
Seller's Agent
Carol Thomas
Howard Hanna Professionals
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$49,900
Sold Price
$32,000
Premium/Discount to List
-$17,900
-35.87%
Total Days on Market
511
Current Estimated Value
$112,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,150
Avg. Annual Appreciation
29.79%

Purchase Details

Closed on
Dec 18, 2000
Sold by
Lounsbury Linore E
Bought by
Dapolito Thomas M

Purchase Details

Closed on
Nov 17, 2000
Sold by
Dapolito Thomas M
Bought by
Lounsbury Linore E

Purchase Details

Closed on
Mar 16, 1999

Range of Values:

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Average Value
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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
Hoppe Brittany -- None Available
Dapolito Thomas M -- Alan L Spears
Lounsbury Linore E -- Alan L Spears
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $32,000 0.0% $17 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
01/05/2020 01/05/20 Price Changed $32,000 -35.9% $17 / Sq Ft
01/15/2019 01/15/19 For Sale $49,900 -- $27 / 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 $3,683 $58,000 $6,800 $51,200
2023 $2,184 $58,000 $6,800 $51,200
2022 $2,215 $58,000 $6,800 $51,200
2021 $2,279 $58,000 $6,800 $51,200
2020 $2,295 $58,000 $6,800 $51,200
2019 $871 $58,000 $6,800 $51,200
2018 $3,129 $58,000 $6,800 $51,200
2017 $2,351 $58,000 $6,800 $51,200
2016 $2,325 $58,000 $6,800 $51,200
2015 -- $58,000 $6,800 $51,200
2014 -- $58,000 $6,800 $51,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1168379

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0005-004-000-0000