NOT LISTED FOR SALE

116 Coleman St Olean, NY 14760

Estimated Value: $55,000 - $63,000

4 Beds
1.5 Baths
1,728 Sq Ft
$34/Sq Ft Est. Value

Last Sold February 19, 2024

Last sale price $30,000 $17 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $438/month

15 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Open Patio
  • Separate Formal Living Room
  • Porch
  • Forced Air Heating System

About This Home

As of February 2024

This 2 story home is your opportunity for an investment property. The house is currently rented and the renters would love to stay. Located within walking distance of down town Olean. Being sold as-is at a price great for a remodel.

Last Agent to Sell the Property

Jeremy Holland

Listing by Real Estate Advantage Brokerage Phone: 716-450-1228 License #10401348056 Listed on: 12/07/2023

Last Buyer's Agent

Rebecca Laborde

Listing by EXP-Premier Listings Team License #10401331095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1910

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 36x75

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 041200-094-049-0002-030-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • Attribution Contact: 716-450-1228
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From N. Union St turn onto Coleman St. House is 4th on the right.
  • Architectural Style: Two Story
  • Flooring: Hardwood, Varies
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room, Separate/Formal Living Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.062
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-049-0002-030-000-0000
  • Lot Dimensions: 36X75
  • Lot Size Sq Ft: 2700.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1579.0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2024
Sold by
Adeleke Joseph and Boateng Yaw F
Bought by
Loja-Quizhpi Luis A and Loja-Lopee John A
Current Estimated Value
$58,805

Purchase Details

Listed on
Jan 31, 2013
Closed on
Oct 9, 2013
Sold by
Abdo Jaynee E
Bought by
Alanew Llc
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$32,500
Sold Price
$25,000
Premium/Discount to List
-$7,500
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Mckendry Gertrude P
Bought by
Abdo Jaynee E
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

Date Buyer Sale Price Title Company
Loja-Quizhpi Luis A $30,000 None Available
Alanew Llc $25,000 Daniel Palumbo
Alanew Llc $25,000 Daniel Palumbo
Abdo Jaynee E $32,000 Nicholas A Di Cerbo
Abdo Jaynee E $32,000 Nicholas A Di Cerbo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2024 02/19/24 Sold $30,000 -24.8% $17 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $39,900 +24.7% $23 / Sq Ft
07/14/2021 07/14/21 Sold $32,000 -19.8% $19 / Sq Ft View Prior Sale
06/10/2021 06/10/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $39,900 +59.6% $23 / Sq Ft
10/11/2013 10/11/13 Sold $25,000 -23.1% $14 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $32,500 -- $19 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $1,581 $25,000 $3,000 $22,000
2023 $941 $25,000 $3,000 $22,000
2022 $955 $25,000 $3,000 $22,000
2021 $982 $25,000 $3,000 $22,000
2020 $989 $25,000 $3,000 $22,000
2019 $375 $25,000 $3,000 $22,000
2018 $1,349 $25,000 $3,000 $22,000
2017 $1,013 $25,000 $3,000 $22,000
2016 $1,002 $25,000 $3,000 $22,000
2015 -- $25,000 $3,000 $22,000
2014 -- $25,000 $3,000 $22,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1511039

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-049-0002-030-000-0000