NOT LISTED FOR SALE

115 S 12th St Olean, NY 14760

Estimated Value: $67,000 - $148,000

4 Beds
2 Baths
1,496 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 20, 2012

Last sale price $53,000 $35 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $796/month

19 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Formal Dining Room
  • Traditional Architecture
  • Combination Kitchen and Living
  • Balcony

About This Home

As of April 2012

This four bedroom two bath West Olean hoe is priced to sell. It has a gas fireplace and balcony in the large master bedroom. There are two bedrooms and laundry on the first floor. The kitchen is attached to living room which is perfect for entertaining. The home has a two car garage and if you love fruit it has cherry, apple and peach trees, plus a grape vine. This home is a must see. Priced in the 50's.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 01/18/2012

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 102 x 40
  • Rectangular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Combination Kitchen and Living
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Second Kitchen
  • Eat-In Kitchen

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0010-036-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,321

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Age: 72
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 46000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 102
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 655555.5600
  • List Price per Sq Ft: 39.4385
  • Nearest Cross Street: West State Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 588888.89
  • Ratio Close Price By Sq Ft: 35.43
  • Ratio List Price By Acres: 655555.56
  • Ratio List Price By Sq Ft: 39.44
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1082
  • Sale Price List Price: 0.8983
  • S P Per Acre: 588888.8900
  • S P Per Sq Ft: 35.4278
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 59000.00
  • Year Built Description: Existing
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Turn off West State Street onto South 12th Street. Home is on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Foyer/Entry Hall, Laundry-1st Floor, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl
  • Kitchen Dining Description: 2nd Kitchen, Eat-In, Formal Dining Room, Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • 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: 1496

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available
  • Number of Acres: 0.0900

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-064-0010-036-000-0000

Tax Info

  • Total Taxes: 2321

MLS Schools

  • Elementary School Name: Washington West 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
Jan 18, 2012
Closed on
Apr 19, 2012
Sold by
Glover
Bought by
Hopkins Timothy
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals
List Price
$59,000
Sold Price
$53,000
Premium/Discount to List
-$6,000
-10.17%
Total Days on Market
19
Current Estimated Value
$99,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,266
Avg. Annual Appreciation
2.87%
Original Mortgage
$50,853
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2005
Sold by
Swanson Sharon
Bought by
Mckinney Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Hopkins Timothy $53,000 Daniel Palumbo
Mckinney Jennifer $35,000 Daniel A Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopkins Timothy $54,387
Closed Hopkins Timothy $50,853
Previous Owner Mckinney Jennifer $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $53,000 -10.2% $35 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $59,000 -- $39 / 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 $2,921 $46,000 $4,000 $42,000
2023 $1,732 $46,000 $4,000 $42,000
2022 $1,757 $46,000 $4,000 $42,000
2021 $1,808 $46,000 $4,000 $42,000
2020 $1,820 $46,000 $4,000 $42,000
2019 $690 $46,000 $4,000 $42,000
2018 $2,481 $46,000 $4,000 $42,000
2017 $1,865 $46,000 $4,000 $42,000
2016 $1,844 $46,000 $4,000 $42,000
2015 -- $46,000 $4,000 $42,000
2014 -- $46,000 $4,000 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B400572

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0010-036-000-0000