NOT LISTED FOR SALE

115 S 5th St Olean, NY 14760

Estimated Value: $75,000 - $88,000

3 Beds
1 Bath
1,312 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2024

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

Est. 3% increase in value since last sale

Current estimated payment $533 / mo

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
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

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

6,607 Sq Ft Lot

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
  • 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

Condo/Co-op/Association

  • Senior Community: No

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

Tax Info

  • Tax Annual Amount: 2196.0
  • Tax Lot: 28

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
May 1, 2024
Sold by
Bought by
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
379
Current Estimated Value
$79,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,967
Avg. Annual Appreciation
1.18%
Original Mortgage
$80,000
Outstanding Balance
$78,427
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,440

Purchase Details

Closed on
Sep 8, 2015
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$78,000 None Available
$10,000 Daniel A. Derose
$10,000 Daniel A. Derose
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,223 $45,000 $3,800 $41,200
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

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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

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