NOT LISTED FOR SALE

1191 Old Rock City Rd Olean, NY 14760

Estimated Value: $189,000 - $267,000

3 Beds
2 Baths
1,656 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $137,800 $83 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,674/month

331 Days on Market

Highlights

  • In Ground Pool
  • Formal Dining Room
  • Eat-In Kitchen
  • Wooded Lot
  • 2 Car Detached Garage
  • Ceramic Tile Flooring

About This Home

As of September 2018

Located just outside the City of Olean, this beautiful 3BR, 2 BATH Colonial has 1.9 acres of paradise. There is quick access to 4-wheeler trails and great hunting in the area. If you want tranquility, look no further than your cozy patio with perennial landscape. Or the 30k gallon in ground pool (16' X 32') with a pool house for storage. Make appointment today!
Inside the house, you can relax from cutting wood by using the gas fireplace in your family room or skip to the comfort of your large bedroom with a huge walk-in closet. If you'd prefer a candle lit bath, a jetted tub awaits you.
The property has a private well and town sewer. A detached 2-car garage and private driveway sum up the property.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 08/28/2017

Last Buyer's Agent

Christine Young

Listing by Howard Hanna Professionals License #40YO1152644

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1944

Lot Details

  • 1.9 Acre Lot
  • Lot Dimensions are 329 x 253
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 046600-103-001-0003-017-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,277

Year Built

Built in 1944

Lot Details

0

Listing Details

  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 80140
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 329
  • Lot Dimension Front: 253
  • Lot Information: Secondary Road, Wooded Lot
  • Lot Number: 17
  • Nearest Cross Street: Rock City Road
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 72526.32
  • Ratio Close Price By Sq Ft: 83.21
  • Ratio List Price By Acres: 73631.58
  • Ratio List Price By Sq Ft: 84.48
  • Regional Board Code: Rochester
  • School Tax: 2469
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 82764
  • Age of Building: 78
  • Year Built: 1944
  • Directions To Property: Rock City Road to OLD Rock City Road.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1944

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: Laundry-Basement
  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Ceramic-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1656

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Pool-In Ground
  • Number of Acres: 1.9000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-103-001-0003-017-002-0000

Tax Info

  • Total Taxes: 4277

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Sep 26, 2018
Sold by
Robinson Vernon
Bought by
Osborne Anthony M
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Christine Young
Howard Hanna Professionals
List Price
$142,000
Sold Price
$137,800
Premium/Discount to List
-$4,200
-2.96%
Total Days on Market
331
Current Estimated Value
$214,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,673
Avg. Annual Appreciation
6.79%
Original Mortgage
$135,304
Outstanding Balance
$118,717
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$95,756

Purchase Details

Listed on
Aug 28, 2017
Closed on
Sep 25, 2018
Sold by
Robinson Vernon
Bought by
Osborne Anthony M
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Christine Young
Howard Hanna Professionals
List Price
$142,000
Sold Price
$137,800
Premium/Discount to List
-$4,200
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,304
Outstanding Balance
$118,717
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$95,756

Purchase Details

Listed on
Aug 28, 2017
Closed on
Sep 18, 2018
Sold by
Robinson Vernon and Robinson Michelle E
Bought by
Osborne Anthony M
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Christine Young
Howard Hanna Professionals
List Price
$142,000
Sold Price
$137,800
Premium/Discount to List
-$4,200
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,304
Outstanding Balance
$118,717
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$95,756

Purchase Details

Closed on
Oct 1, 2008
Sold by
Lechner David
Bought by
Robinson Vernon

Purchase Details

Closed on
Jul 25, 1996
Sold by
Higley Laurel
Bought by
Lechner David J and Magnano Lillian M
Source: Public Records

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Range of Values:

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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
Osborne Anthony M $137,800 None Available
Osborne Anthony M $137,800 None Available
Osborne Anthony M -- --
Robinson Vernon $132,500 Daniel A Derose
Lechner David J $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborne Anthony M $22,263
Closed Osborne Anthony M $16,883
Open Osborne Anthony M $135,304
Closed Osborne Anthony M $135,304
Closed Osborne Anthony M $135,304
Previous Owner Robinson Vernon $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $137,800 -1.5% $83 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
06/21/2018 06/21/18 Price Changed $139,900 -3.5% $84 / Sq Ft
02/22/2018 02/22/18 Price Changed $144,900 +3.5% $88 / Sq Ft
12/18/2017 12/18/17 Price Changed $140,000 -1.4% $85 / Sq Ft
08/28/2017 08/28/17 For Sale $142,000 -- $86 / 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 $5,702 $80,140 $4,540 $75,600
2023 $5,443 $80,140 $4,540 $75,600
2022 $5,349 $80,140 $4,540 $75,600
2021 $5,367 $80,140 $4,540 $75,600
2020 $4,645 $80,140 $4,540 $75,600
2019 $1,556 $80,140 $4,540 $75,600
2018 $2,472 $80,140 $4,540 $75,600
2017 $2,186 $80,140 $4,540 $75,600
2016 $3,038 $80,140 $4,540 $75,600
2015 -- $80,140 $4,540 $75,600
2014 -- $80,140 $4,540 $75,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1072439

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-103-001-0003-017-002-0000