NOT LISTED FOR SALE

119 W Oak St Olean, NY 14760

Estimated Value: $90,000 - $107,000

3 Beds
1 Bath
1,504 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $89,900 $60 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $679/month

4 Days on Market

Highlights

  • Old Style Architecture
  • Formal Dining Room
  • 1 Car Attached Garage
  • Den
  • Enclosed Patio or Porch
  • Eat-In Kitchen

About This Home

As of June 2022

This well-built three-bedroom North Olean home with several new updates starting with a brand new exterior paint job! This home has had new flooring throughout the whole house, repaired and painted the walls, the entire upstairs is newly insulated with has new electric and new drywall, each bedroom has a new electric baseboard unit (the downstairs is gas hot water), new kitchen countertops, and new bead-board walls! With a good amount of space, this is a great first home. With interesting indoor/outdoor areas in a breezeway and an enclosed front porch, you can enjoy three seasons very easily. The attached one-car garage has good storage space even with a car in the garage and is constructed of concrete blocks.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 05/02/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Jan Murray

Listing by Chautauqua-Cattaraugus Board MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 1920

Lot Details

  • 3,400 Sq Ft Lot
  • Lot Dimensions are 68 x 50
  • Partially Fenced Property

Home Design

  • Old Style Architecture
  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Den
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 041200-094-040-0002-038-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,742

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 68
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 38
  • Nearest Cross Street: Spruce St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1151088.35
  • Ratio Close Price By Sq Ft: 59.77
  • Ratio List Price By Acres: 1151088.35
  • Ratio List Price By Sq Ft: 59.77
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1327
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3400
  • Age of Building: 102
  • Garage Amenities: Storage
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1504
  • Directions To Property: From N Union Street, turn onto W Oak Street
  • Sq Ft Total Pub: 1504
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Pex Plumbing- Some
  • Additional Rooms: Den/Study, Laundry-Basement, Living Room, Porch - Enclosed
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1504

Exterior Features

  • Construction: Aluminum/Steel, Concrete Block
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.0781

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-040-0002-038-000-0000

Tax Info

  • Total Taxes: 2742

MLS Schools

  • Elementary School Name: East View 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

Listed on
Jun 14, 2018
Closed on
Mar 11, 2019
Sold by
Dorothy Paar Est
Bought by
Ashby Turner A
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$74,500
Sold Price
$50,000
Premium/Discount to List
-$24,500
-32.89%
Current Estimated Value
$98,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,801
Avg. Annual Appreciation
11.86%
Original Mortgage
$47,500
Outstanding Balance
$36,674
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$67,480

Purchase Details

Listed on
Jun 14, 2018
Closed on
Mar 8, 2019
Sold by
Dorothy Paar Est
Bought by
Ashby Turner A
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$74,500
Sold Price
$50,000
Premium/Discount to List
-$24,500
-32.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Outstanding Balance
$36,674
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$67,480

Purchase Details

Listed on
Jun 14, 2018
Closed on
Feb 27, 2019
Sold by
Paar Dorothy E Est
Bought by
Ashby Turner A
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$74,500
Sold Price
$50,000
Premium/Discount to List
-$24,500
-32.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Outstanding Balance
$36,674
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$67,480
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
Ashby Turner A $50,000 None Available
Ashby Turner A $50,000 None Available
Ashby Turner A $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashby Turner A $47,500
Closed Ashby Turner A $47,500
Closed Ashby Turner A $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $89,900 0.0% $60 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $89,900 +79.8% $60 / Sq Ft
03/11/2019 03/11/19 Sold $50,000 -14.5% $33 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
12/20/2018 12/20/18 Price Changed $58,500 -5.6% $39 / Sq Ft
08/06/2018 08/06/18 Price Changed $62,000 -11.3% $41 / Sq Ft
07/10/2018 07/10/18 Price Changed $69,900 -6.2% $46 / Sq Ft
06/14/2018 06/14/18 For Sale $74,500 -- $50 / 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 $1,888 $50,000 $3,500 $46,500
2023 $1,882 $50,000 $3,500 $46,500
2022 $1,910 $50,000 $3,500 $46,500
2021 $1,965 $50,000 $3,500 $46,500
2020 $1,978 $50,000 $3,500 $46,500
2019 $45 $50,000 $3,500 $46,500
2018 $347 $58,900 $3,500 $55,400
2017 $369 $58,900 $3,500 $55,400
2016 $362 $58,900 $3,500 $55,400
2015 -- $58,900 $3,500 $55,400
2014 -- $58,900 $3,500 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1403080

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-040-0002-038-000-0000