NOT LISTED FOR SALE

120 N 7th St Olean, NY 14760

Estimated Value: $118,127 - $138,000

4 Beds
1 Bath
2,002 Sq Ft
$63/Sq Ft Est. Value

Last Sold September 04, 2013

Last sale price $59,000 $29 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $823/month

134 Days on Market

Highlights

  • Traditional Architecture
  • Full Attic
  • Eat-In Kitchen
  • Finished Attic
  • 1 Fireplace
  • 5-minute walk to Oak Hill Park

About This Home

As of September 2013

Four bedroom home with a large eat-in kitchen, formal foyer and charming living room with fireplace and natural woodwork. The home a large deck overlooking the fenced in yard, a finished attic and full basement. Call today for your personal viewing.

Last Listed By

Kelly Ralston

Listing by KLM Appraisal Services License #45000036822 Listed on: 02/12/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 130 x 40
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Finished Attic

Outdoor Features

  • Shed

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0008-035-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 93
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 66900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 525000.0000
  • List Price per Sq Ft: 31.4685
  • Nearest Cross Street: West state street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 491666.67
  • Ratio Close Price By Sq Ft: 29.47
  • Ratio List Price By Acres: 525000.00
  • Ratio List Price By Sq Ft: 31.47
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1607
  • Sale Price List Price: 0.9365
  • S P Per Acre: 491666.6700
  • S P Per Sq Ft: 29.4700
  • Styles of Residence: 2 Story, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 63000.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Take west State St to North 7th. Home will be on th right
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2002

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1200

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-064-0008-035-000-0000

Tax Info

  • Total Taxes: 3467

MLS Schools

  • 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
Feb 12, 2013
Closed on
Sep 4, 2013
Sold by
Peterson Bradley
Bought by
Harrison William
Seller's Agent
Kelly Ralston
KLM Appraisal Services
Buyer's Agent
John Skadowski
Howard Hanna Professionals
List Price
$65,000
Sold Price
$59,000
Premium/Discount to List
-$6,000
-9.23%
Total Days on Market
134
Current Estimated Value
$125,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,282
Avg. Annual Appreciation
5.41%

Purchase Details

Closed on
Aug 25, 2006
Sold by
Young Christopher
Bought by
Peterson Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Harrison William $59,000 Daniel Palumbo
Peterson Bradley $68,000 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Bradley $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2013 09/04/13 Sold $59,000 -9.2% $29 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $65,000 -- $32 / 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 $4,248 $66,900 $3,700 $63,200
2023 $2,519 $66,900 $3,700 $63,200
2022 $2,555 $66,900 $3,700 $63,200
2021 $2,629 $66,900 $3,700 $63,200
2020 $2,006 $66,900 $3,700 $63,200
2019 $1,004 $66,900 $3,700 $63,200
2018 $2,967 $66,900 $3,700 $63,200
2017 $2,036 $66,900 $3,700 $63,200
2016 $1,988 $66,900 $3,700 $63,200
2015 -- $66,900 $3,700 $63,200
2014 -- $66,900 $3,700 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B423471

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0008-035-000-0000