NOT LISTED FOR SALE

120 S 2nd St Olean, NY 14760

Estimated Value: $67,000 - $159,067

0.1 Acre
$1,124,025 Price per Acre
4,200 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $1,000 $1 Per Sq Ft

Est. 10,736% increase in value since last sale

Current estimated payment $618/month

80 Days on Market

About This Lot

As of October 2021

Vacant Lot,Taxes TBD as currently assessed with home that was removed, Public Water and Sewer available, Sold as Is, Also listed as R1340529

Last Listed By

Margaret Horan

Listing by Keller Williams Realty Greater Rochester License #40HO1067238 Listed on: 06/01/2021

Keller Williams Realty Greater Rochester

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $171

Year Built

  • Built in 1915

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 150 x 28
  • Level Lot

Parking

  • Dirt Driveway

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Gas Available
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 22
  • Assessor Parcel Number 041200-094-065-0010-022-000-0000

Property Details

Property Type

Land

Est. Annual Taxes

$171

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 43000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 28
  • Lot Information: Residential
  • Lot Number: 22
  • Nearest Cross Street: Rte 417
  • Number of Stories: 2.0000
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 10373.44
  • Ratio List Price By Acres: 103734.44
  • Regional Board Code: Rochester
  • Sub Board Code: Rochester
  • Type: Building Lot, Residential
  • Type of Sale: Bank Owned / REO
  • Lot Sq Ft: 4200
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: From 417 take the South 2nd St lot sits on the right
  • Special Features: 20
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Frontage Road: City
  • Number of Acres: 0.0964

Garage/Parking

  • Driveway Description: Dirt

Utilities

  • Utilities Available: Cable, Electric, Gas, High Speed Internet, Sanitary Sewer, Telephone, Water
  • Utilities On-site: Electric, Gas, High Speed Internet, Sanitary Sewer, Telephone On Site, Water
  • Waste Disposal: Sewer Available
  • Water Supply: Public

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-065-0010-022-000-0000

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Sep 30, 2021
Sold by
Cornerstone 70023 Holding
Bought by
Legacy Fox Holdings Llc
Seller's Agent
Margaret Horan
Keller Williams Realty Greater Rochester
Buyer's Agent
Margaret Horan
Keller Williams Realty Greater Rochester
List Price
$10,000
Sold Price
$1,000
Premium/Discount to List
-$9,000
-90%
Total Days on Market
80
Current Estimated Value
$108,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,356
Avg. Annual Appreciation
262.26%

Purchase Details

Closed on
Apr 2, 2019
Sold by
Arnold As Michael H
Bought by
Cornerstone Holdings Llc

Purchase Details

Closed on
Mar 1, 2019
Sold by
Arnold As Michael H
Bought by
Cornerstone Holdings Llc

Purchase Details

Closed on
Dec 17, 2004
Sold by
Hettrick Dennis
Bought by
Cornerstone Homes Inc

Range of Values:

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Average Value
Not Available
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
Legacy Fox Holdings Llc $1,000 None Available
Cornerstone Holdings Llc -- None Available
Cornerstone Holdings Llc -- None Available
Cornerstone 7973 Holdings -- --
Cornerstone Homes Inc $17,000 Robert H. Plaskov
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornerstone Homes Inc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $1,000 -90.0% $1 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $10,000 -- $6 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $171 $2,700 $2,700 $0
2023 $102 $2,700 $2,700 $0
2022 $103 $2,700 $2,700 $0
2021 $106 $2,700 $2,700 $0
2020 $1,701 $43,000 $2,700 $40,300
2019 $645 $43,000 $2,700 $40,300
2018 $4,250 $43,000 $2,700 $40,300
2017 $3,682 $43,000 $2,700 $40,300
2016 $2,893 $43,000 $2,700 $40,300
2015 -- $43,000 $2,700 $40,300
2014 -- $43,000 $2,700 $40,300
Source: Public Records

Agents Affiliated with this Home

  • Margaret Horan

    Seller's Agent in 2021

    Margaret Horan

    Keller Williams Realty Greater Rochester

    (607) 382-5862

    151 Total Sales

    Margaret Horan
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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1340531

Upstate New York Real Estate Information Services (UNYREIS)

APN: 041200-094-065-0010-022-000-0000

New York Cattaraugus County Olean 14760

120 S 2nd St, Olean, NY

Homes for Sale in Olean, NY

This home is located at 120 S 2nd St, Olean, NY 14760 since 01 June 2021 and is currently estimated at $108,356, approximately $69 per square foot. This property was built in 1915. 120 S 2nd St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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