NOT LISTED FOR SALE

117 N 3rd St Olean, NY 14760

Estimated Value: $71,000 - $110,000

4 Beds
2 Baths
1,664 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 04, 2014

Last sale price $29,900 $18 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $580/month

97 Days on Market

Highlights

  • Partial Attic
  • 3 Car Detached Garage
  • Living Room
  • Formal Dining Room
  • Porch
  • Wall to Wall Carpet

About This Home

As of November 2014

This home is located at 117 N 3rd St, Olean, NY 14760 since 22 July 2014 and is currently estimated at $87,946, approximately $52 per square foot. This property was built in 1910. 117 N 3rd St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Last Agent to Sell the Property

Lynda Hood

Listing by No Office Affiliation License #10301201708 Listed on: 07/22/2014

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 151 x 42

Home Design

  • Block Foundation

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Partial Attic
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Stone Driveway
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 94.065-11-14

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 104
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 49000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 151
  • Lot Dimension Front: 42
  • Lot Information: Neighborhood Street
  • L P Per Acre: 221666.6700
  • List Price per Sq Ft: 19.9819
  • Nearest Cross Street: State St
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 199333.33
  • Ratio Close Price By Sq Ft: 17.97
  • Ratio List Price By Acres: 221666.67
  • Ratio List Price By Sq Ft: 19.98
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1516
  • Sale Price List Price: 0.8992
  • S P Per Acre: 199333.3300
  • S P Per Sq Ft: 17.9700
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 33250.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: West State St to N 3rd st.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1664

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Shared, Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 3.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 94.065-11-14

Tax Info

  • Total Taxes: 3214

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Oct 23, 2014
Sold by
Magnuson Kristen
Bought by
Pawlak Jai
Seller's Agent
Lynda Hood
No Office Affiliation
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$35,000
Sold Price
$29,900
Premium/Discount to List
-$5,100
-14.57%
Current Estimated Value
$87,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,046
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Jun 19, 2014
Sold by
Burke Esq. Michael D. Referee
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jan 7, 2006
Sold by
Luke Spencer
Bought by
Magnuson Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Pawlak Jai $29,900 Gregory Shemeld
Jpmorgan Chase Bank Na $59,500 Stiene & Associates Pc
Magnuson Kristen $64,000 Daniel A. Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnuson Kristen $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2014 11/04/14 Sold $29,900 -14.6% $18 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $35,000 -- $21 / 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 $1,133 $30,000 $4,200 $25,800
2023 $1,129 $30,000 $4,200 $25,800
2022 $1,146 $30,000 $4,200 $25,800
2021 $1,179 $30,000 $4,200 $25,800
2020 $1,187 $30,000 $4,200 $25,800
2019 $450 $30,000 $4,200 $25,800
2018 $1,618 $30,000 $4,200 $25,800
2017 $1,216 $30,000 $4,200 $25,800
2016 $1,203 $30,000 $4,200 $25,800
2015 -- $30,000 $4,200 $25,800
2014 -- $61,500 $4,200 $57,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B457255

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0011-014-000-0000