NOT LISTED FOR SALE

1118 Steam Valley Rd Olean, NY 14760

Estimated Value: $158,000 - $213,065

3 Beds
2 Baths
1,800 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $94,760 $53 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,311/month

200 Days on Market

Highlights

  • 5.7 Acre Lot
  • Country Kitchen
  • Wall to Wall Carpet
  • Portville Elementary School Rated A-
  • Baseboard Heating
  • 1-Story Property

About This Home

As of December 2018

Check out this property on over 5.5 acres! 3 bedroom 2 full bath home with full walkout basement ready for you to finish.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 03/19/2018

Last Buyer's Agent

Margie Kandefer

Listing by Howard Hanna Professionals - Ellicottville License #40KA1070027

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 5.7 Acre Lot
  • Lot Dimensions are 847 x 201

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Country Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 11
  • Assessor Parcel Number 046600-103-002-0003-011-008-0000

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 110000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 847
  • Lot Dimension Front: 201
  • Lot Information: Secondary Road
  • Lot Number: 11
  • Nearest Cross Street: Wayman Branch Road
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 16624.56
  • Ratio Close Price By Sq Ft: 52.64
  • Ratio List Price By Acres: 18421.05
  • Ratio List Price By Sq Ft: 58.33
  • Regional Board Code: Rochester
  • School Tax: 3227
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 248292
  • Age of Building: 20
  • Year Built: 2002
  • Directions To Property: Route 417 to Steam Valley Road
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2002

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Laundry-1st Floor
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 6
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1800

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 5.7000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Lot Info

  • Parcel Number: 046600-103-002-0003-011-008-0000

Tax Info

  • Total Taxes: 5686

MLS Schools

  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Dec 14, 2018
Sold by
Northwest Savings Bank
Bought by
Riehle Bjay
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$132,900
Sold Price
$94,760
Premium/Discount to List
-$38,140
-28.7%
Current Estimated Value
$182,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,006
Avg. Annual Appreciation
9.74%
Original Mortgage
$91,917
Outstanding Balance
$81,142
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$101,624

Purchase Details

Listed on
Mar 19, 2018
Closed on
Dec 13, 2018
Sold by
Northwest Savings Bank
Bought by
Riehle Bjay
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$132,900
Sold Price
$94,760
Premium/Discount to List
-$38,140
-28.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,917
Outstanding Balance
$81,142
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$101,624

Purchase Details

Listed on
Mar 19, 2018
Closed on
Dec 7, 2018
Sold by
Northwest Sb
Bought by
Riehle Bjay
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$132,900
Sold Price
$94,760
Premium/Discount to List
-$38,140
-28.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,917
Outstanding Balance
$81,142
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$101,624

Purchase Details

Closed on
Feb 14, 2018
Sold by
Gilliland Jennifer
Bought by
Northwest Savings Bank

Purchase Details

Closed on
Jan 23, 2018
Sold by
Gilliland Jennifer and Gilliland Jennifer J
Bought by
Northwest Savings Bank

Purchase Details

Closed on
Jan 4, 2018
Sold by
Gilliland Jennifer
Bought by
Northwest Savings Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riehle Bjay $92,000 None Available
Riehle Bjay $92,000 None Available
Riehle Bjay -- --
Northwest Savings Bank $12,856 None Available
Northwest Savings Bank $12,856 --
Northwest Savings Bank $12,856 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northwest Savings Bank $91,917
Closed Riehle Bjay $91,917
Closed Riehle Bjay $91,917
Previous Owner Northwest Savings Bank $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $94,760 -9.8% $53 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
07/20/2018 07/20/18 Price Changed $105,000 -12.9% $58 / Sq Ft
05/07/2018 05/07/18 Price Changed $120,500 -9.3% $67 / Sq Ft
03/19/2018 03/19/18 For Sale $132,900 -- $74 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,264 $72,000 $10,400 $61,600
2023 $3,811 $72,000 $10,400 $61,600
2022 $3,976 $72,000 $10,400 $61,600
2021 $3,947 $72,000 $10,400 $61,600
2020 $3,947 $72,000 $10,400 $61,600
2019 $2,516 $72,000 $10,400 $61,600
2018 $9,744 $110,000 $10,400 $99,600
2017 $7,785 $110,000 $10,400 $99,600
2016 $7,743 $110,000 $10,400 $99,600
2015 -- $110,000 $10,400 $99,600
2014 -- $110,000 $10,400 $99,600
Source: Public Records

Agents Affiliated with this Home

  • Ken Bailey

    Seller's Agent in 2018

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    63 in this area

    142 Total Sales

    Ken Bailey
    Section Image

  • M

    Buyer's Agent in 2018

    Margie Kandefer

    Howard Hanna Professionals - Ellicottville

    (716) 945-5848

    2 in this area

    16 Total Sales

    Margie Kandefer
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1105278

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-103-002-0003-011-008-0000

New York Cattaraugus County Olean 14760

1118 Steam Valley Rd, Olean, NY

Not Listed for Sale

Detached

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