$355,000
SOLD OCT 2, 2024

1161 Two Mile Rd Olean, NY 14760

3 Beds
1.5 Baths
1,592 Sq Ft
78.45 Acres

Recently Sold

$223 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • 78.45 Acre Lot
  • Wood Flooring
  • Formal Dining Room
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 2 Car Detached Garage

About This Home

As of October 2024

Discover your dream retreat nestled on 78.45 acres in the serene countryside of Allegany, NY. This charming 3-bedroom, 1.5-bathroom home offers the perfect blend of rustic charm and modern convenience. Step inside to find gleaming hardwood floors throughout, leading to an expansive living room warmed by a cozy wood stove, perfect for chilly evenings. The first floor features two comfortable bedrooms and a full bathroom, providing convenient single-level living. Upstairs, the second floor offers a private bedroom complete with a half bathroom, ideal for guests or a tranquil office space. The home includes a full, walkout unfinished basement, providing ample storage or potential for additional living space. Outside, enjoy the convenience of a detached 2-car garage. The vast property is predominantly wooded, offering endless exploration and privacy, with picturesque open fields surrounding the home. A brand-new septic tank has just been installed, ensuring worry-free living for years to come. This idyllic property is your gateway to peaceful, country living with all the comforts of home.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 06/18/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Sarah Hallberg

Listing by Lake Homes Realty License #10401284655

Lake Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,966

Year Built

  • Built in 1948

Lot Details

  • 78.45 Acre Lot
  • Lot Dimensions are 220x173
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Dirt Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Well
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 042089-103-001-0001-016-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,966

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1948
  • Attribution Contact: 716-307-9256
  • ResoLaundryFeatures: In Basement
  • Lot Features: Rural Lot
  • Directions: River road to Two Mile Rd, The house is on the left.
  • Architectural Style: Cape Cod
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen, Bedroom on Main Level
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Oil Water Heater, Refrigerator
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1

Exterior Features

  • Acres: 78.45
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Dirt Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Oil, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Allegany-Limestone

Lot Info

  • Parcel Number: 042089-103-001-0001-016-000-0000
  • Lot Dimensions: 220X173
  • Lot Size Sq Ft: 3417282.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4966.0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Aug 7, 2024
Sold by
Kyser Jean K Est and Espina
Bought by
Daelhousen Julie A and Daelhousen Chad A
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Sarah Hallberg
Lake Homes Realty
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Views
26
Current Estimated Value
$357,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,223
Avg. Annual Appreciation
0.71%
Original Mortgage
$165,000
Interest Rate
6.49%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Executors Deed $355,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $355,000 +1.4% $223 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $350,000 -- $220 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,603 $145,000 $77,000 $68,000
2023 $4,968 $145,000 $77,000 $68,000
2022 $4,701 $145,000 $77,000 $68,000
2021 $4,751 $145,000 $77,000 $68,000
2020 $4,371 $145,000 $77,000 $68,000
2019 $863 $145,000 $77,000 $68,000
2018 $4,449 $145,000 $77,000 $68,000
2017 $3,103 $114,300 $40,000 $74,300
2016 $3,058 $114,300 $40,000 $74,300
2015 -- $114,300 $40,000 $74,300
2014 -- $114,300 $40,000 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1546315

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042089-103-001-0001-016-000-0000