NOT LISTED FOR SALE

1216 Washington St Olean, NY 14760

Estimated Value: $106,000 - $150,000

4 Beds
1 Bath
1,628 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $87,000 $53 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $784/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Corner Lot
  • Wood Flooring
  • Full Attic
  • 4-minute walk to Marcus Park & Playfields

About This Home

As of June 2021

This home has been freshly renovated and features so many extras! Hardwood floors in all of the house except kitchen and bath. thermal windows, new appliances, tons of storage, a new fence to provide privacy, upgrades to plumbing and electric, a garage, a shed that is currently being used as a workshop, and so much more! It is centrally located, an easy walk to school, stores and restaurants! So many great features!

Last Agent to Sell the Property

Patricia Collier

Listing by RE/MAX On Point License #10401295212 Listed on: 03/25/2021

RE/MAX On Point

Last Buyer's Agent

Janna Davis

Listing by ERA Team VP Real Estate License #10401323321

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1910

Lot Details

  • 3,540 Sq Ft Lot
  • Lot Dimensions are 118 x 30
  • Corner Lot

Home Design

  • Traditional Architecture
  • American Four Square Architecture
  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,628 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Living Room
  • Formal Dining Room
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached 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
  • 220 Volts in Garage
  • PEX Plumbing
  • Gas Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Bedroom
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 041200-094-064-0002-054-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,187

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Accessibility: Entry Level Bedroom
  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50991
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 30
  • Lot Information: Corner Lot
  • Lot Number: 54
  • Nearest Cross Street: N 12th Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1070110.70
  • Ratio Close Price By Sq Ft: 53.44
  • Ratio List Price By Acres: 1137761.38
  • Ratio List Price By Sq Ft: 56.82
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 1349
  • Styles of Residence: 2 Story, Foursquare, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3540
  • Age of Building: 112
  • Garage Amenities: Electrical Service
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1628
  • Directions To Property: West State to N 12th st. House on corner of 12th and Washington.
  • Sq Ft Total Pub: 1628
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Pex Plumbing- Some, Water Purification System
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Island, Walk-In Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1628

Exterior Features

  • Additional Exterior Features: Cable TV Available, High Speed Internet, Thermal Windows - Some
  • Number of Acres: 0.0813

Garage/Parking

  • Driveway Description: Concrete, Parking Area, Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Green Features

  • Energystar: Appliances, Heating, Windows

Lot Info

  • Parcel Number: 041200-094-064-0002-054-000-0000

Tax Info

  • Total Taxes: 3187

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
Dec 12, 2014
Sold by
Velott and Hettrick
Bought by
Beanacre Properties Llc
Current Estimated Value
$125,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beanacre Properties Llc $48,000 Nicholas A. Jr. Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beanacre Properties Llc $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $87,000 -5.9% $53 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $92,500 +83.7% $57 / Sq Ft
07/13/2020 07/13/20 Sold $50,350 -3.2% $31 / Sq Ft View Prior Sale
05/22/2020 05/22/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $52,000 -- $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 $4,300 $68,000 $2,700 $65,300
2023 $2,560 $68,000 $2,700 $65,300
2022 $2,597 $68,000 $2,700 $65,300
2021 $2,004 $50,991 $2,700 $48,291
2020 $5,201 $50,991 $2,700 $48,291
2019 $1,530 $50,991 $2,700 $48,291
2018 $7,563 $50,991 $2,700 $48,291
2017 $4,433 $50,991 $2,700 $48,291
2016 $4,802 $50,991 $2,700 $48,291
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1325030

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0002-054-000-0000