$36,000
SOLD JAN 10, 2025

1218 Seneca Ave Olean, NY 14760

3 Beds
1 Bath
1,152 Sq Ft
5,950 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

14% Below List Price

72 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Wooded Lot
  • Bonus Room
  • Forced Air Heating System

About This Home

As of May 2025

This is a Fannie Mae HomePath Property!
Step into the allure of this Cape Cod-style home, gracing the lively neighborhood of Olean, NY.
This delightful abode features an integrated living and dining space, a first-floor bedroom for accessibility, and an expansive main bedroom complete with a walk-in closet. Beyond the threshold, a private oasis awaits, with a substantial lot.
Seize the chance to transform this house into your sanctuary.
This home is a rare find so don’t hesitate to reach out today to make it yours!

Last Agent to Sell the Property

Omer Kapic

Listing by Kapic Realty License #37KA0870334 Listed on: 07/30/2024

Last Buyer's Agent

Omer Kapic

Listing by Kapic Realty License #37KA0870334 Listed on: 07/30/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 5,950 Sq Ft Lot
  • Lot Dimensions are 50x119
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Bonus Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 041200-094-067-0005-032-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1927
  • Lot Features: Residential Lot, Wooded
  • Road Frontage Type: City Street
  • Directions: Seneca Ave,from King St east past Line St, house on the right.
  • Architectural Style: Cape Cod
  • Flooring: Other, See Remarks
  • Garage Yn: Yes
  • Interior Features: Dining Area, Bedroom on Main Level
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1

Exterior Features

  • Acres: 0.1366
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: See Remarks
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-067-0005-032-000-0000
  • Lot Dimensions: 50X119
  • Lot Size Sq Ft: 5950.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2832.0
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
May 23, 2025
Sold by
Viking Builders Llc
Bought by
Boland Jordan R
Seller's Agent
Omer Kapic
Kapic Realty
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$159,900
Sold Price
$155,500
Premium/Discount to List
-$4,400
-2.75%
Views
25
Current Estimated Value
$149,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,235
Avg. Annual Appreciation
-12.37%
Original Mortgage
$124,400
Outstanding Balance
$124,180
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,085

Purchase Details

Listed on
Jul 30, 2024
Closed on
Jan 7, 2025
Sold by
Federal Natl Mtg Assn
Bought by
Viking Builders Llc
Seller's Agent
Omer Kapic
Kapic Realty
Buyer's Agent
Omer Kapic
Kapic Realty
List Price
$41,900
Sold Price
$36,000
Premium/Discount to List
-$5,900
-14.08%
Views
141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5722.07%

Purchase Details

Closed on
Mar 28, 2023
Sold by
Huntington National Bank
Bought by
Federal Natl Mtg Assn

Purchase Details

Closed on
Jan 17, 2023
Sold by
Thompson Ronald W and Thompson Jason M
Bought by
Huntington National Bank

Purchase Details

Listed on
Jan 5, 2016
Closed on
Aug 9, 2016
Sold by
Thompson Ronald W
Bought by
Thompson Ronald W and Thompson Delore
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jun 6, 2016
Sold by
Broecker Kimberly
Bought by
Thompson Ronald
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2007
Sold by
Compfort Marge
Bought by
Broecker Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,092
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Compfort Marge
Bought by
Compfort Marge
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $155,500 None Available
Deed $36,000 None Available
Quit Claim Deed -- None Available
Foreclosure Deed $23,300 None Available
Interfamily Deed Transfer -- Michael Morgan
Interfamily Deed Transfer -- Michael Morgan
Deed $36,000 Michel Morgan
Deed $36,000 Michel Morgan
Deed $40,000 Daniel Palumbo
Deed $40,000 Daniel Palumbo
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,400 Purchase Money Mortgage
Previous Owner $30,600 New Conventional
Previous Owner $40,092 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $155,500 -2.8% $135 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $159,900 +344.2% $139 / Sq Ft
01/10/2025 01/10/25 Sold $36,000 -7.5% $31 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $38,900 -7.2% $34 / Sq Ft
07/30/2024 07/30/24 For Sale $41,900 +16.4% $36 / Sq Ft
06/13/2016 06/13/16 Sold $36,000 -9.8% $31 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $39,900 -- $35 / 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 $1,510 $40,000 $6,000 $34,000
2023 $1,506 $40,000 $6,000 $34,000
2022 $1,528 $40,000 $6,000 $34,000
2021 $1,572 $40,000 $6,000 $34,000
2020 $1,583 $40,000 $6,000 $34,000
2019 $600 $40,000 $6,000 $34,000
2018 $2,158 $40,000 $6,000 $34,000
2017 $1,621 $40,000 $6,000 $34,000
2016 $1,604 $40,000 $6,000 $34,000
2015 -- $40,000 $6,000 $34,000
2014 -- $40,000 $6,000 $34,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1555849

Upstate New York Real Estate Information Services (UNYREIS)

APN: 041200-094-067-0005-032-000-0000