NOT LISTED FOR SALE

114 Orchard Ave Olean, NY 14760

Estimated Value: $82,000 - $128,000

4 Beds
2 Baths
2,088 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 12, 2016

Last sale price $15,000 $7 Per Sq Ft

Est. 608% increase in value since last sale

Current estimated payment $664/month

111 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Forced Air Cooling System
  • Private Yard
  • Eat-In Kitchen
  • 5-minute walk to Forness Park

About This Home

As of December 2016

PRICE REDUCTION! This investment property is available at a reduced cost! Excellent opportunity to purchase a four bedroom, two bath home in Olean at a discounted price! Remodeling is needed but some work has been completed. Large partially fenced lot with a deck overlooking the back yard. This property is a qualified Fannie Mae HomePath Property.

Last Agent to Sell the Property

Todd VanDyke

Listing by RE/MAX On Point License #10491212754 Listed on: 07/24/2016

RE/MAX On Point

Co-Listed By

Ciji VanDyke

Listing by RE/MAX On Point License #40SH1133987

Last Buyer's Agent

Amanda Hulbert

Listing by Real Estate Pros & More License #10401290231

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1894

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 130 x 58
  • Partially Fenced Property
  • Private Yard

Home Design

  • Block Foundation

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Stone Driveway

Schools

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

Utilities

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

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-066-0004-053-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Age: 122
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 51000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 58
  • Lot Information: Near Bus Line, Neighborhood Street, Secondary Road
  • L P Per Acre: 161764.7100
  • List Price per Sq Ft: 13.1704
  • Nearest Cross Street: West State
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 88235.29
  • Ratio Close Price By Sq Ft: 7.18
  • Ratio List Price By Acres: 128823.53
  • Ratio List Price By Sq Ft: 10.49
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1307
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 27500.00
  • Year Built Description: Existing
  • Age of Building: 128
  • Year Built: 1894
  • Directions To Property: State Street to Orchard. Turn onto Orchard and the property is on the right.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1894

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Family Room, Laundry-1st Floor, Master Bedroom Bath
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • 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: 2088

Exterior Features

  • Additional Exterior Features: Deck, Partially Fenced Yard, Private Yard - see Remarks
  • Number of Acres: 0.1700

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 041200-094-066-0004-053-000-0000

Tax Info

  • Total Taxes: 2739

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
Jul 24, 2016
Closed on
Dec 12, 2016
Sold by
Federal National Mortgage Association
Bought by
Mikolajczyk Gretchen
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Amanda Hulbert
Real Estate Pros & More
List Price
$30,000
Sold Price
$15,000
Premium/Discount to List
-$15,000
-50%
Current Estimated Value
$106,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,150
Avg. Annual Appreciation
24.17%

Purchase Details

Closed on
Jun 7, 2016
Sold by
Joseph P Weis By Fern S Adelstein Esq As Ref
Bought by
Association Federal National Mortgage

Purchase Details

Closed on
Nov 21, 2012
Sold by
Weis Joseph
Bought by
Weis Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mikolajczyk Gretchen $15,000 Bertrand, P.A. Palumbo
Association Federal National Mortgage $44,566 Thomas Marasco Berkman, Heno
Weis Joseph -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $15,000 -31.5% $7 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
10/26/2016 10/26/16 Price Changed $21,900 -27.0% $10 / Sq Ft
07/24/2016 07/24/16 For Sale $30,000 -- $14 / 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 $3,225 $51,000 $5,400 $45,600
2023 $1,920 $51,000 $5,400 $45,600
2022 $1,948 $51,000 $5,400 $45,600
2021 $2,004 $51,000 $5,400 $45,600
2020 $2,018 $51,000 $5,400 $45,600
2019 $766 $51,000 $5,400 $45,600
2018 $2,751 $51,000 $5,400 $45,600
2017 $2,067 $51,000 $5,400 $45,600
2016 $2,045 $51,000 $5,400 $45,600
2015 -- $51,000 $5,400 $45,600
2014 -- $51,000 $5,400 $45,600
Source: Public Records

Agents Affiliated with this Home

  • Todd VanDyke

    Seller's Agent in 2016

    Todd VanDyke

    RE/MAX

    (716) 373-7325

    6 in this area

    35 Total Sales

    Todd VanDyke
    Section Image
  • Ciji VanDyke

    Seller Co-Listing Agent in 2016

    Ciji VanDyke

    RE/MAX

    (716) 244-8924

    46 in this area

    290 Total Sales

    Ciji VanDyke
    Section Image

  • A

    Buyer's Agent in 2016

    Amanda Hulbert

    Real Estate Pros & More

See All Agents

Map

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

MLS Number: B505260

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-066-0004-053-000-0000

New York Cattaraugus County Olean 14760

114 Orchard Ave, Olean, NY

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes