NOT LISTED FOR SALE

115 S 5th St Olean, NY 14760

Estimated Value: $66,000 - $86,000

3 Beds
1 Bath
1,312 Sq Ft
$56/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $77,900 $59 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $458/month

136 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Laundry Room
  • Formal Dining Room
  • Open Patio
  • 5-minute walk to Oak Hill Park

About This Home

As of May 2024

Welcome to your charming 3-bedroom, 1-bathroom home in the heart of Olean, New York. This recently renovated property offers the perfect blend of modern upgrades and classic character.

Key Features:

3 bedrooms with ample natural light and closet space
1 fully updated bathroom
Brand new electric and plumbing systems for peace of mind
A new roof is currently being installed to protect your investment
A spacious, updated kitchen with modern appliances
An updated bathroom for your comfort
Proximity to downtown Olean, offering convenience and a vibrant community
As you step into this home, you'll be greeted by a cozy and inviting living space that's perfect for relaxing or entertaining.

This property is perfect for first-time homebuyers, downsizers, or anyone seeking a comfortable and well-maintained home in a fantastic location. Don't miss the opportunity to make this house your new home sweet home.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 10/14/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Ciji VanDyke

Listing by RE/MAX On Point License #40SH1133987

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1900

Lot Details

  • 6,607 Sq Ft Lot
  • Lot Dimensions are 49x133

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 041200-094-064-0014-028-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,196

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • Attribution Contact: 716-307-9256
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: State St to South 5th St
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1517
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: No Garage, Shared Driveway

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0014-028-000-0000
  • Lot Dimensions: 49X133
  • Lot Size Sq Ft: 6607.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2196.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
May 1, 2024
Sold by
Anderson Joshua J and Anderson Ann N
Bought by
Wright Breanna
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$111,111
Sold Price
$77,900
Premium/Discount to List
-$33,211
-29.89%
Views
383
Current Estimated Value
$73,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,408
Avg. Annual Appreciation
-3.49%
Original Mortgage
$80,000
Outstanding Balance
$78,876
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$5,384

Purchase Details

Closed on
Sep 8, 2015
Sold by
Estate Of Louise Hickey Eugene P.Hickey, Exe
Bought by
Anderson Joshua J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wright Breanna $78,000 None Available
Anderson Joshua J $10,000 Daniel A. Derose
Anderson Joshua J $10,000 Daniel A. Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Breanna $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $77,900 -8.4% $59 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $85,000 -5.6% $65 / Sq Ft
12/12/2023 12/12/23 Price Changed $89,999 -5.0% $69 / Sq Ft
11/27/2023 11/27/23 Price Changed $94,777 -3.1% $72 / Sq Ft
11/13/2023 11/13/23 Price Changed $97,777 -2.2% $75 / Sq Ft
11/05/2023 11/05/23 Price Changed $99,999 -7.2% $76 / Sq Ft
11/01/2023 11/01/23 Price Changed $107,777 -1.9% $82 / Sq Ft
10/24/2023 10/24/23 Price Changed $109,876 -1.1% $84 / Sq Ft
10/14/2023 10/14/23 For Sale $111,111 -- $85 / 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 $2,567 $40,600 $4,200 $36,400
2023 $1,529 $40,600 $4,200 $36,400
2022 $1,551 $40,600 $4,200 $36,400
2021 $1,595 $40,600 $4,200 $36,400
2020 $1,606 $40,600 $4,200 $36,400
2019 $1,352 $40,600 $4,200 $36,400
2018 $3,030 $40,600 $4,200 $36,400
2017 $1,646 $40,600 $4,200 $36,400
2016 $1,628 $40,600 $4,200 $36,400
2015 -- $40,600 $4,200 $36,400
2014 -- $40,600 $4,200 $36,400
Source: Public Records

Agents Affiliated with this Home

  • Regis Handley

    Seller's Agent in 2024

    Regis Handley

    Howard Hanna

    (716) 307-9256

    120 in this area

    216 Total Sales

    Regis Handley
    Section Image
  • Ciji VanDyke

    Buyer's Agent in 2024

    Ciji VanDyke

    RE/MAX

    (716) 244-8924

    46 in this area

    290 Total Sales

    Ciji VanDyke
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1504350

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0014-028-000-0000

New York Cattaraugus County Olean 14760

115 S 5th St, Olean, NY

Not Listed for Sale

Detached

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