NOT LISTED FOR SALE

115 W Oak St Olean, NY 14760

Estimated Value: $98,389 - $109,000

3 Beds
1.5 Baths
1,270 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $60,000 $47 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $651/month

120 Days on Market

Highlights

  • Traditional Architecture
  • Baseboard Heating
  • Rectangular Lot
  • Eat-In Kitchen
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of May 2014

This North Olean home has been totally remodeled. It has new electrical, plumbing, siding and roofing. The kitchen and two bathrooms have never been used. The home has three bedrooms, a first floor laundry and a mudroom/pantry. The backyard is all fenced in. this home is a must see. Only qualified buyers. Call for more details.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 12/11/2013

Howard Hanna Professionals - Olean

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1905

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 132 x 28
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,270 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Stone Driveway

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

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-040-0002-039-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,631

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Age: 108
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 30000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 28
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 766666.6700
  • List Price per Sq Ft: 54.3307
  • Nearest Cross Street: North Union Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 666666.67
  • Ratio Close Price By Sq Ft: 47.24
  • Ratio List Price By Acres: 766666.67
  • Ratio List Price By Sq Ft: 54.33
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 721
  • Sale Price List Price: 0.8695
  • S P Per Acre: 666666.6700
  • S P Per Sq Ft: 47.2400
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 69000.00
  • Year Built Description: Existing
  • Age of Building: 117
  • Year Built: 1905
  • Directions To Property: Go past St. John's Church on North Union Street to West Oak Street. Turn on West Oak Street and home is on left.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-1st Floor
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1270

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0900

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 041200-094-040-0002-039-000-0000

Tax Info

  • Total Taxes: 1631

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
Dec 11, 2013
Closed on
May 15, 2014
Sold by
Rural Revitalization Corp Dba Neighborworks H
Bought by
Douthit Katie
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%
Current Estimated Value
$104,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,347
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
May 9, 2011
Sold by
Fisher Leona
Bought by
Neighborworks Home Resources
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Douthit Katie $60,000 Gregory Shemeld
Neighborworks Home Resources $22,000 Daniel Palumbo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $60,000 -13.0% $47 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $69,000 -- $54 / 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 $3,882 $61,400 $3,200 $58,200
2023 $2,312 $61,400 $3,200 $58,200
2022 $2,345 $61,400 $3,200 $58,200
2021 $2,413 $61,400 $3,200 $58,200
2020 $1,789 $61,400 $3,200 $58,200
2019 $922 $61,400 $3,200 $58,200
2018 $2,671 $61,400 $3,200 $58,200
2017 $1,813 $61,400 $3,200 $58,200
2016 $1,768 $61,400 $3,200 $58,200
2015 -- $61,400 $3,200 $58,200
2014 -- $61,400 $3,200 $58,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B443302

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0002-039-000-0000