NOT LISTED FOR SALE

1114 Vine St Olean, NY 14760

Estimated Value: $101,444

0.25 Acre
$405,776 Price per Acre
10,890 Sq Ft Lot

Last Sold December 20, 2013

Last sale price $25,000 $22 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $583/month

155 Days on Market

About This Lot

As of December 2013

Commercial 3 bay garage with 1,125sqft built in 1990. This garage has 480 volt-4 phase power and reznor heating. The concrete block garage is located on a double lot (approximately .25 acres) in the city of Olean.

Last Agent to Sell the Property

Kelly Ralston

Listing by KLM Appraisal Services License #45000036822 Listed on: 04/18/2013

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488

Howard Hanna Professionals - Olean

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $699

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 132 x 132
  • Rectangular Lot
  • Level Lot

Home Design

  • 1,125 Sq Ft Home

Location

  • City Lot

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-040-0003-040-000-0000

Property Details

Property Type

Land

Est. Annual Taxes

$699

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 15000
  • Buildings Structures: Garage
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 132
  • Lot Information: City or Village, Industrial
  • Lot Shape: Rectangular
  • L P Per Acre: 124000.0000
  • List Price per Sq Ft: 27.5555
  • Nearest Cross Street: Irving St
  • Possible Uses: Industrial
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 100000.00
  • Ratio Close Price By Sq Ft: 22.22
  • Ratio List Price By Acres: 124000.00
  • Ratio List Price By Sq Ft: 27.56
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 361
  • Sale Price List Price: 0.8064
  • S P Per Acre: 100000.0000
  • S P Per Sq Ft: 22.2200
  • Sub Board Code: Buffalo
  • Type: Commercial
  • Type of Sale: Normal
  • Value Range Search Low Price: 31000.00
  • Zoning Code: I
  • Directions To Property: North Union Street to left on Elm St and then right on Vine St
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Sq Ft: 1125

Exterior Features

  • Frontage Road: City
  • Number of Acres: 0.2500

Garage/Parking

  • Driveway Description: Concrete

Utilities

  • Heating Fuel Description: Gas
  • Utilities Available: Electric, Gas, Sanitary Sewer, Water
  • Utilities On-site: Electric
  • Waste Disposal: Sewer Available
  • Water Supply: At Street

Schools

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

Lot Info

  • Parcel Number: 041200-094-040-0003-040-000-0000

Tax Info

  • Total Taxes: 699

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
Apr 18, 2013
Closed on
Nov 13, 2013
Sold by
Gilds Christopher D
Bought by
Jedrosko Gregory J
Seller's Agent
Kelly Ralston
KLM Appraisal Services
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$31,000
Sold Price
$25,000
Premium/Discount to List
-$6,000
-19.35%
Current Estimated Value
$101,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,444
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Oct 5, 2010
Sold by
Capital Heat Inc
Bought by
Gilds Christopher

Purchase Details

Closed on
Aug 13, 1996
Sold by
Benjamin Gerald C
Bought by
Hoffman David A
Source: Public Records

Range of Values:

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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
Jedrosko Gregory J $25,000 Gregory Shemeld
Gilds Christopher $15,000 J. Michael Shane
Hoffman David A $26,000 --
Hoffman David A $26,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $25,000 -19.4% $22 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $31,000 -- $28 / 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 $566 $15,000 $12,500 $2,500
2023 $565 $15,000 $12,500 $2,500
2022 $573 $15,000 $12,500 $2,500
2021 $589 $15,000 $12,500 $2,500
2020 $594 $15,000 $12,500 $2,500
2019 $225 $15,000 $12,500 $2,500
2018 $809 $15,000 $12,500 $2,500
2017 $608 $15,000 $12,500 $2,500
2016 $601 $15,000 $12,500 $2,500
2015 -- $15,000 $12,500 $2,500
2014 -- $15,000 $12,500 $2,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B427846

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0003-040-000-0000