NOT LISTED FOR SALE

118 E Forest Ave Olean, NY 14760

Estimated Value: $97,000 - $148,000

4 Beds
2 Baths
1,540 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2020

Last sale price $55,000 $36 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $819 / mo

90 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch
  • Walk-In Pantry
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of February 2020

Beautiful home in North Olean. This wonderful house has 4 bedrooms and 2 full baths, formal dinning room, and ample storage. One car detached garage, blacktop drive way, and a large private back yard. Inside you will find a mudroom/pantry by the back entrance, a finished basement with additional storage and a covered front porch to enjoy a morning coffee or a relaxing evening. THIS PROPERTY IS A MUST SEE. CALL TODAY FOR A PRIVATE TOUR.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 10/05/2019

Howard Hanna Professionals - Olean

Last Buyer's Agent

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 11,400 Sq Ft Lot
  • Lot Dimensions are 57x200

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 041200-094-049-0002-004-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0.26 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1923
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: North Union to Forest Ave
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Walk-In Pantry
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2617
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-049-0002-004-000-0000
  • Lot Dimensions: 57X200
  • Lot Size Sq Ft: 11400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3272.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Feb 24, 2020
Sold by
Mater Ronald G
Bought by
Webster Gregory
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$58,000
Sold Price
$55,000
Premium/Discount to List
-$3,000
-5.17%
Current Estimated Value
$117,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,569
Avg. Annual Appreciation
13.01%
Original Mortgage
$40,000
Outstanding Balance
$30,850
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$86,719

Purchase Details

Listed on
Oct 5, 2019
Closed on
Feb 21, 2020
Sold by
Mater Ronald G
Bought by
Webster Gregory
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$58,000
Sold Price
$55,000
Premium/Discount to List
-$3,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$30,850
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$86,719

Purchase Details

Listed on
Oct 5, 2019
Closed on
Feb 12, 2020
Sold by
Mater Ronald G and Mater Mary
Bought by
Webster Gregory
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$58,000
Sold Price
$55,000
Premium/Discount to List
-$3,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$30,850
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$86,719
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
Webster Gregory $55,000 None Available
Webster Gregory $55,000 None Available
Webster Gregory $55,000 None Available
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 Webster Gregory $40,000
Closed Webster Gregory $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $55,000 -5.2% $36 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
10/05/2019 10/05/19 For Sale $58,000 -- $38 / 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 $2,302 $60,000 $6,200 $53,800
2024 $3,794 $60,000 $6,200 $53,800
2023 $2,259 $60,000 $6,200 $53,800
2022 $2,291 $60,000 $6,200 $53,800
2021 $2,358 $60,000 $6,200 $53,800
2020 $2,374 $60,000 $6,200 $53,800
2019 $630 $60,000 $6,200 $53,800
2018 $1,268 $60,000 $6,200 $53,800
2017 $684 $60,000 $6,200 $53,800
2016 $671 $60,000 $6,200 $53,800
2015 -- $60,000 $6,200 $53,800
2014 -- $60,000 $6,200 $53,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1230544

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-049-0002-004-000-0000

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