NOT LISTED FOR SALE

116 Madison Ave Olean, NY 14760

Estimated Value: $207,140 - $244,000

4 Beds
2 Baths
1,840 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2019

Last sale price $144,000 $78 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,524 / mo

90 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Private Yard

About This Home

As of November 2019

Move right in to this 4 bedroom 2 full bath traditional home in a quiet and convenient neighborhood. Spacious living room with gas fireplace and skylights that bring in the natural sunlight. First floor bedroom or office with family room that is a great space for entertaining. Large screened in porch for quiet enjoyment. Lots of built in cabinets makes for great storage. Private backyard with playhouse or just a place to store more stuff. 1.5 car garage, nice dry basement with the potential to be finished. Newer boiler mate and heating system. Located near the hospital and private golf course.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 06/06/2019

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 06/06/2019

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,923

Year Built

  • Built in 1910

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 65x150
  • Private Yard

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Separate Formal Living Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 041200-094-042-0002-006-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,923

Year Built

Built in 1910

Lot Details

9,750 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Main st to Madison
  • Architectural Style: Traditional
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Separate/Formal Living Room, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2238
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Concrete Driveway, Deck, Private Yard, See Remarks
  • Foundation Details: Other, See Remarks
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.5
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-042-0002-006-000-0000
  • Lot Dimensions: 65X150
  • Lot Size Sq Ft: 9750.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6923.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Nov 25, 2019
Sold by
Badanes Minna
Bought by
Austin Phillip Allen
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$139,900
Sold Price
$144,000
Premium/Discount to List
$4,100
2.93%
Current Estimated Value
$226,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,785
Avg. Annual Appreciation
7.28%
Original Mortgage
$144,001
Outstanding Balance
$125,302
Interest Rate
3.6%
Estimated Equity
$101,483

Purchase Details

Listed on
Jun 6, 2019
Closed on
Nov 12, 2019
Sold by
Badanes Minna
Bought by
Austin Phillip A
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$139,900
Sold Price
$144,000
Premium/Discount to List
$4,100
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,001
Outstanding Balance
$125,302
Interest Rate
3.6%
Estimated Equity
$101,483

Purchase Details

Closed on
Apr 20, 2009
Sold by
Droney Sheryl
Bought by
Badanes Minna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Interest Rate
5.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2000
Sold by
Karuch John L
Bought by
Droney Michael J An Dsheryl M
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
Austin Phillip Allen $144,001 None Available
Austin Phillip Allen $144,001 None Available
Austin Phillip A $144,500 --
Badanes Minna $125,000 Gregory Shemeld
Droney Michael J An Dsheryl M $115,000 Daniel De Rose
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 Austin Phillip Allen $144,001
Closed Austin Phillip Allen $144,001
Closed Austin Phillip A $144,001
Previous Owner Badanes Minna $12,500
Previous Owner Badanes Minna $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $144,000 +7.1% $78 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $134,500 -3.9% $73 / Sq Ft
06/06/2019 06/06/19 For Sale $139,900 -- $76 / 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
2025 $3,785 $128,000 $17,200 $110,800
2024 $7,569 $128,000 $17,200 $110,800
2023 $4,234 $128,000 $17,200 $110,800
2022 $4,272 $128,000 $17,200 $110,800
2021 $5,030 $128,000 $17,200 $110,800
2020 $4,319 $128,000 $17,200 $110,800
2019 $1,921 $128,000 $17,200 $110,800
2018 $5,477 $128,000 $17,200 $110,800
2017 $3,712 $128,000 $17,200 $110,800
2016 $3,669 $128,000 $17,200 $110,800
2015 -- $128,000 $17,200 $110,800
2014 -- $128,000 $17,200 $110,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1199867

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-042-0002-006-000-0000

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