NOT LISTED FOR SALE

116 Virginia St Olean, NY 14760

Estimated Value: $150,000 - $173,000

4 Beds
2 Baths
1,995 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $116,000 $58 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,142/month

41 Days on Market

Highlights

  • Cape Cod Architecture
  • Home Office
  • Patio
  • Bonus Room
  • Forced Air Cooling System
  • 5-minute walk to Joseph Magnano Park

About This Home

As of December 2020

Charming four bedroom, two bath home in Seneca Heights. NO flood zone. Large area for a formal dining room. Hardwood floors under carpet. Bonus room between living room and kitchen perfect for a play area, reading room, craft room, additional space, office, whatever your desire may be! Back patio with flower bed or raised garden - perfect area for a cook out or relax by the fire. There is so much potential to make this your own !

Last Agent to Sell the Property

Amy Henzel

Listing by ERA Team VP Real Estate License #10401317441 Listed on: 08/05/2020

ERA Team VP Real Estate

Last Buyer's Agent

Shannon Szalay

Listing by WNY Metro Roberts Realty License #10401311154

WNY Metro Roberts Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 1947

Lot Details

  • 6,825 Sq Ft Lot
  • Lot Dimensions are 118 x 57

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,995 Sq Ft Home
  • 1.7-Story Property
  • Living Room
  • Home Office
  • Bonus Room
  • Scuttle Attic Hole

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 041200-094-081-0003-026-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,945

Year Built

Built in 1947

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 90700
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 57
  • Lot Information: Neighborhood Street
  • Lot Number: 26
  • Nearest Cross Street: York
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 740268.03
  • Ratio Close Price By Sq Ft: 58.15
  • Ratio List Price By Acres: 733886.41
  • Ratio List Price By Sq Ft: 57.64
  • Regional Board Code: Buffalo
  • Roof Description: Shingles
  • School Tax: 2380
  • Styles of Residence: Cape Cod, Split Level
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6825
  • Age of Building: 75
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 1995
  • Directions To Property: From York turn to Virginia Street. Home on the left.
  • Sq Ft Total Pub: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1947

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Den/Study, Foyer/Entry Hall, Laundry-Basement, Living Room, Office
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 3rd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 3rd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1995

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Patio
  • Number of Acres: 0.1567

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-081-0003-026-000-0000

Tax Info

  • Total Taxes: 4945

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 16, 2020
Sold by
Barretta Paul G
Bought by
Marsh Brianna
Seller's Agent
Amy Henzel
ERA Team VP Real Estate
Buyer's Agent
Shannon Szalay
WNY Metro Roberts Realty
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%
Current Estimated Value
$161,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,518
Avg. Annual Appreciation
7.79%
Original Mortgage
$113,898
Outstanding Balance
$102,503
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$63,672

Purchase Details

Listed on
Apr 15, 2015
Closed on
Nov 19, 2015
Sold by
Craig F
Bought by
Barretta Paul G
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$99,000
Sold Price
$93,000
Premium/Discount to List
-$6,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$91,295
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Marsh Brianna $116,000 None Available
Barretta Paul G $93,000 John Hart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Brianna $113,898
Previous Owner Barretta Paul G $91,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $116,000 +0.9% $58 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $115,000 -4.1% $58 / Sq Ft
08/05/2020 08/05/20 For Sale $119,900 +28.9% $60 / Sq Ft
11/24/2015 11/24/15 Sold $93,000 -6.1% $47 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $99,000 -- $50 / 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 $3,424 $90,700 $14,300 $76,400
2023 $3,415 $90,700 $14,300 $76,400
2022 $3,464 $90,700 $14,300 $76,400
2021 $3,564 $90,700 $14,300 $76,400
2020 $3,589 $90,700 $14,300 $76,400
2019 $1,361 $90,700 $14,300 $76,400
2018 $4,893 $90,700 $14,300 $76,400
2017 $3,676 $90,700 $14,300 $76,400
2016 $3,636 $90,700 $14,300 $76,400
2015 -- $90,700 $14,300 $76,400
2014 -- $110,000 $14,300 $95,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1283856

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-081-0003-026-000-0000