NOT LISTED FOR SALE

118 Front St Olean, NY 14760

Estimated Value: $105,000 - $139,000

4 Beds
1.5 Baths
1,463 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $120,500 $82 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $760/month

84 Days on Market

Highlights

  • Attic
  • 1 Car Detached Garage
  • Porch
  • Den
  • Country Kitchen
  • Open Patio

About This Home

As of May 2024

Beautiful home remodeled in 2020 due to an attic fire. Located directly across the street from War Veterans Park, William O Smith Rec Center, and Bradner Stadium, minutes from Downtown, Olean General Hospital, and Highway 86.
Everything has been upgraded walls, insulation, electrical, plumbing, Dunkirk combi unit heat & tankless water heater, and new baseboard registers. All new matching kitchen appliances are staying. Open concept kitchen and dining room. 1st and 2nd floors have vinyl plank flooring. (Original hardwood floors still remain) 2nd floor laundry with new washer and dryer staying with the home. Additional room on the second level could be an office or additional closet space. Attic is fully finished and is being used as the third bedroom, adding an additional 408 sq ft to the living space. All three floors are independently zoned for heat. Metal roof also brand new in 2020. Seller is willing to give credit for new garage door, storm doors, and minor painting if buyer requests.

Last Agent to Sell the Property

Richard Jackson

Listing by EXP Realty Brokerage Phone: 716-801-0967 License #10301218263 Listed on: 12/04/2023

EXP Realty

Last Buyer's Agent

Janna Davis

Listing by ERA Team VP Real Estate License #10401323321

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1914

Lot Details

  • 3,913 Sq Ft Lot
  • Lot Dimensions are 43x91
  • Property is Fully Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,463 Sq Ft Home
  • 2-Story Property
  • Den
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Country Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 041200-094-066-0004-077-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,895

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1914
  • Attribution Contact: 716-801-0967
  • ResoLaundryFeatures: Upper Level
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From downtown Olean, E State St to Front St. Left on Front St, Home is on the right.
  • Architectural Style: Two Story
  • Flooring: Laminate, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Attic, Den, Country Kitchen
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Full
  • Acres: 0.0898
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Fully Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached

Utilities

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

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-066-0004-077-000-0000
  • Lot Dimensions: 43X91
  • Lot Size Sq Ft: 3913.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3895.0
  • Tax Lot: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Apr 26, 2024
Sold by
Andhor Joseph and Andhor Melissa
Bought by
Stanton Gary C and Clabeaux Kaylie A
Seller's Agent
Richard Jackson
EXP Realty
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$128,000
Sold Price
$120,500
Premium/Discount to List
-$7,500
-5.86%
Views
1743
Current Estimated Value
$121,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737
Avg. Annual Appreciation
0.41%
Original Mortgage
$112,942
Outstanding Balance
$111,225
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$10,012

Purchase Details

Closed on
Dec 17, 2018
Sold by
Mccannon Bryan C
Bought by
Andhor Joseph

Purchase Details

Closed on
Dec 6, 2018
Sold by
Mccannon Bryan C
Bought by
Andhor Joseph

Purchase Details

Closed on
Nov 29, 2018
Sold by
Mccannon Bryan C and Mccannon Kimberly
Bought by
Andhor Joseph and Andhor Melissa

Purchase Details

Closed on
Jun 3, 2011
Sold by
Conklin Thomas
Bought by
Mccannon Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,930
Interest Rate
5.25%
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
Stanton Gary C $120,500 None Available
Stanton Gary C $120,500 None Available
Andhor Joseph $40,000 None Available
Andhor Joseph $40,000 None Available
Andhor Joseph -- --
Andhor Joseph -- --
Andhor Joseph -- --
Mccannon Bryan $42,000 Thomas W. Scirto
Mccannon Bryan $42,000 Thomas W. Scirto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Gary C $112,942
Closed Stanton Gary C $112,942
Previous Owner Mccannon Bryan $40,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $120,500 -4.0% $82 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/03/2024 02/03/24 Price Changed $125,500 -2.0% $86 / Sq Ft
12/04/2023 12/04/23 For Sale $128,000 -- $87 / 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 $6,497 $72,000 $3,900 $68,100
2023 $2,711 $72,000 $3,900 $68,100
2022 $2,750 $72,000 $3,900 $68,100
2021 $1,925 $49,000 $3,900 $45,100
2020 $1,939 $49,000 $3,900 $45,100
2019 $1,092 $49,000 $3,900 $45,100
2018 $2,643 $49,000 $3,900 $45,100
2017 $1,986 $49,000 $3,900 $45,100
2016 $1,964 $49,000 $3,900 $45,100
2015 -- $49,000 $3,900 $45,100
2014 -- $49,000 $3,900 $45,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1512488

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-066-0004-077-000-0000