NOT LISTED FOR SALE

1118 Spruce St Olean, NY 14760

Estimated Value: $86,000 - $144,000

3 Beds
1 Bath
864 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $79,787 $92 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $737/month

10 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Cooling System
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Rectangular Lot

About This Home

As of October 2020

Great starter home or looking to downsize??!! This home will fit that search criteria! Well maintained home in a peaceful neighborhood on a double lot. Bright and cheerful eat-in kitchen, newly renovated bathroom, large bay window in the living room brings the outside in and is a great focal point. Three bedroom all have cedar lined closets. Don't like carpeting? This home has beautiful pine floors throughout hiding under the existing wall to wall carpet. Need more space? Full basement could easily be transformed into additional living space or if you would like to put an addition on--two lots for you to work your plan. The yard has beautiful mature landscaping, perennials, maples, apple, grapes, and a rare Sassafras tree. Small, well built home, small time, small money for your cosmetic touches to make it your cozy little home.

Last Listed By

Lisa Darling

Listing by Homestar Realty License #10371200757 Listed on: 07/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,368

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 132 x 100
  • Rectangular Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Porch

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 041200-094-040-0003-023-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,368

Year Built

Built in 1968

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • Lot Number: 23
  • Lot Shape: Rectangular
  • Nearest Cross Street: W Water
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 265956.67
  • Ratio Close Price By Sq Ft: 92.35
  • Ratio List Price By Acres: 266333.33
  • Ratio List Price By Sq Ft: 92.48
  • Regional Board Code: Buffalo
  • School Tax: 1682
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 13200
  • Age of Building: 54
  • Year Built: 1968
  • Directions To Property: North Union to left on Water Street to right on Spruce Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1968

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 864

Exterior Features

  • Construction: Frame
  • 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

Schools

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

Lot Info

  • Parcel Number: 041200-094-040-0003-023-000-0000

Tax Info

  • Total Taxes: 3368

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
Jul 25, 2020
Closed on
Oct 12, 2020
Sold by
Jedrosko Ronald and Jedrosko Gregory
Bought by
Foster Timothy D
Seller's Agent
Lisa Darling
Homestar Realty
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$79,900
Sold Price
$79,787
Premium/Discount to List
-$113
-0.14%
Total Days on Market
10
Current Estimated Value
$112,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,847
Avg. Annual Appreciation
6.25%
Original Mortgage
$78,341
Outstanding Balance
$71,082
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$34,106

Purchase Details

Closed on
Oct 25, 2019
Sold by
Jedrosko Carol
Bought by
Jedroskojedrosko Ronald and Jedroskojedrosko Gary

Purchase Details

Closed on
Oct 4, 2019
Sold by
Jedrosko Carol
Bought by
Jedroskojedrosko Ronald and Jedroskojedrosko Gary

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
Foster Timothy D -- None Available
Jedroskojedrosko Ronald -- None Available
Jedroskojedrosko Ronald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Timothy D $78,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $79,787 -0.1% $92 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $79,900 -- $92 / 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 $3,740 $58,900 $4,900 $54,000
2023 $2,217 $58,900 $4,900 $54,000
2022 $2,249 $58,900 $4,900 $54,000
2021 $2,314 $58,900 $4,900 $54,000
2020 $2,331 $58,900 $4,900 $54,000
2019 $884 $58,900 $4,900 $54,000
2018 $1,763 $58,900 $4,900 $54,000
2017 $945 $58,900 $4,900 $54,000
2016 $927 $58,900 $4,900 $54,000
2015 -- $58,900 $4,900 $54,000
2014 -- $58,900 $4,900 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1281557

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0003-024-000-0000