NOT LISTED FOR SALE

1132 Queen St Olean, NY 14760

Estimated Value: $201,000 - $281,667

4 Beds
2 Baths
1,900 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 02, 2023

Last sale price $240,000 $126 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,620/month

48 Days on Market

Highlights

  • 1.87 Acre Lot
  • Cathedral Ceiling
  • Home Office
  • Deck
  • Granite Countertops
  • Formal Dining Room

About This Home

As of February 2023

Newly renovated four-bedroom East Olean home with a massive lot on a cul-de-sac. If you have ever wanted to live in the city but have the luxury of having land and no neighbors on top of you, this is a great home to start with. With virtually every room updated, you can move into this home without worry. With a chef-inspired kitchen, formal dining room with cathedral ceilings, and tons of light from the skylight, you are going to love this layout. This is the ultimate home to downsize into and still get to enjoy the outdoors with a massive deck leading to the pool, and there is even a patio that is great for a gazebo. A good-sized shed makes it easy to store all of your lawn equipment, so it isn't in the garage. With the roof about four years old, Navian heater, windows, siding, and flooring all at 3 years old, you will not have to worry about several big-ticket items.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 09/28/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1956

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 350 x 320

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Formal Dining Room
  • Home Office
  • Crawl Space
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 041200-094-059-0001-005-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,267

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 77000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 350
  • Lot Dimension Front: 320
  • Lot Information: Neighborhood Street
  • Lot Number: 5
  • Nearest Cross Street: Kingston Drive
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 128342.25
  • Ratio Close Price By Sq Ft: 126.32
  • Ratio List Price By Acres: 149679.14
  • Ratio List Price By Sq Ft: 147.32
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 2142
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 13000
  • Age of Building: 67
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 1240
  • Directions To Property: From Front St, turn onto Prospect, turn left onto Queen St
  • Sq Ft Total Pub: 1240
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Skylight, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, 1st Floor Master Suite, Laundry-1st Floor, Master Bedroom Bath, Office
  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Ceramic-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Formal Dining Room, Granite Counter, Solid Surface Counter
  • Number of Bedrooms 1st Floor: 4
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1900

Exterior Features

  • Construction: Stone, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet, Patio
  • Number of Acres: 1.8700

Garage/Parking

  • Driveway Description: Concrete, Double Wide, Parking Area
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-059-0001-005-000-0000

Tax Info

  • Total Taxes: 4267

MLS Schools

  • Elementary School Name: East View Elementary
  • 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
Sep 28, 2022
Closed on
Jan 26, 2023
Sold by
Melfi Justin P and Melfi Loran M
Bought by
Wick Benjamin M and Wick Laura L
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$279,900
Sold Price
$240,000
Premium/Discount to List
-$39,900
-14.26%
Current Estimated Value
$230,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,333
Avg. Annual Appreciation
-1.54%
Original Mortgage
$219,780
Outstanding Balance
$213,100
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$17,567

Purchase Details

Closed on
Dec 20, 2018
Sold by
Chiapuso Christopher
Bought by
Melfi Justin P

Purchase Details

Closed on
Dec 18, 2018
Sold by
Chiapuso Christopher
Bought by
Melfi Justin P

Purchase Details

Closed on
Nov 1, 2013
Sold by
Chiapuso Susan
Bought by
Chiapuso Christopher J
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
Wick Benjamin M $228,000 None Available
Melfi Justin P $70,000 None Available
Melfi Justin P $70,000 None Available
Chiapuso Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wick Benjamin M $219,780
Previous Owner Chiapuso Christopher J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $240,000 -14.3% $126 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $279,900 -- $147 / 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 $4,757 $126,000 $20,700 $105,300
2023 $4,744 $126,000 $20,700 $105,300
2022 $2,482 $65,000 $20,700 $44,300
2021 $2,554 $65,000 $20,700 $44,300
2020 $2,572 $65,000 $20,700 $44,300
2019 $1,336 $65,000 $20,700 $44,300
2018 $4,160 $89,000 $20,700 $68,300
2017 $2,931 $89,000 $20,700 $68,300
2016 $2,874 $89,000 $20,700 $68,300
2015 -- $89,000 $20,700 $68,300
2014 -- $89,000 $20,700 $68,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1436379

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-059-0001-005-000-0000