$54,500
SOLD DEC 5, 2014

118 S 6th St Olean, NY 14760

3 Beds
1 Bath
1,126 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

9% Below List Price

10 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Cooling System
  • Wood Flooring
  • Porch
  • 4-minute walk to Oak Hill Park

About This Home

As of May 2018

Remodeled home in close to schools shopping and churches in Olean. The kitchen is brand new and leads out to first floor laundry. The living room and family room combo has plenty of room and a gas fireplace. The exterior is maintenance free with two storage sheds and a partially fenced yard. The electric, roof and heating system have all been updated. This home is priced to sell in the 50's. Call today for a showing.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 10/06/2014

Howard Hanna Professionals - Olean

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 128 x 50
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,126 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Shed
  • Porch

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0013-046-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,981

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 114
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 37500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 399333.3300
  • List Price per Sq Ft: 53.1971
  • Nearest Cross Street: West State
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 363333.33
  • Ratio Close Price By Sq Ft: 48.40
  • Ratio List Price By Acres: 399333.33
  • Ratio List Price By Sq Ft: 53.20
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 946
  • Sale Price List Price: 0.9098
  • S P Per Acre: 363333.3300
  • S P Per Sq Ft: 48.4000
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 59900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Turn off West State Street onto South 6th. Home is on right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-1st Floor, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1126

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Stone/Gravel
  • 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
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-064-0013-046-000-0000

Tax Info

  • Total Taxes: 1981

MLS Schools

  • Elementary School Name: Washington West Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2025
Sold by
Knowlton Gary
Bought by
Huge Housing Llc
Current Estimated Value
$52,707

Purchase Details

Closed on
Feb 5, 2024
Sold by
Bennett Diane M
Bought by
Knowlton Gary

Purchase Details

Closed on
Oct 3, 2023
Sold by
Bennett Samantha J
Bought by
Bennett Diane M

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 4, 2018
Sold by
Muschick Megan E
Bought by
Bennett Samantha J
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$55,200
Sold Price
$50,000
Premium/Discount to List
-$5,200
-9.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 30, 2018
Sold by
Muschick Megan E
Bought by
Bennett Samantha J
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$55,200
Sold Price
$50,000
Premium/Discount to List
-$5,200
-9.42%

Purchase Details

Listed on
Oct 6, 2014
Closed on
Dec 5, 2014
Sold by
Patrick Stephen A
Bought by
Muschick Megan E
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$59,900
Sold Price
$54,500
Premium/Discount to List
-$5,400
-9.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.45%
Original Mortgage
$62,244
Interest Rate
3.93%
Mortgage Type
New Conventional
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

Date Type Sale Price Title Company
Warranty Deed $42,500 None Available
Warranty Deed $25,000 None Available
Quit Claim Deed -- None Available
Deed $50,000 None Available
Deed $50,000 None Available
Deed $54,500 Daniel R. Palumbo
Deed $54,500 Daniel R. Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $62,244 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $50,000 -9.4% $44 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $55,200 +1.3% $49 / Sq Ft
12/05/2014 12/05/14 Sold $54,500 -9.0% $48 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $59,900 -- $53 / 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 $1,416 $37,500 $4,200 $33,300
2023 $1,412 $37,500 $4,200 $33,300
2022 $1,432 $37,500 $4,200 $33,300
2021 $1,474 $37,500 $4,200 $33,300
2020 $1,484 $37,500 $4,200 $33,300
2019 $563 $37,500 $4,200 $33,300
2018 $2,023 $37,500 $4,200 $33,300
2017 $1,520 $37,500 $4,200 $33,300
2016 $810 $37,500 $4,200 $33,300
2015 -- $37,500 $4,200 $33,300
2014 -- $37,500 $4,200 $33,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B462522

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0013-046-000-0000