NOT LISTED FOR SALE

1221 Promised Land Rd Olean, NY 14760

Estimated Value: $122,874 - $148,000

3 Beds
1 Bath
1,080 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2020

Last sale price $75,000 $69 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $873 / mo

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Formal Dining Room
  • Portville Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of October 2020

Charming 3 bedroom Cape Cod home in Portville School District. Built and owned by 1 family. Original woodwork, hardwood floors, First floor bedroom and newer remodeled bath. This home has vinyl siding, newer replacement windows, central air conditioning. Beautiful deep lot for your enjoyment.

Last Agent to Sell the Property

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754 Listed on: 06/28/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1941

Lot Details

  • 20,038 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 047489-104-005-0001-024-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,494

Year Built

Built in 1941

Lot Details

0.46 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1941
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Route 417 to Promised land Road
  • Architectural Style: Cape Cod
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Bedroom on Main Level, Main Level Primary
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dryer, Free-Standing Range, Gas Water Heater, Oven, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Acres: 0.46
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Dirt Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Portville

Lot Info

  • Parcel Number: 047489-104-005-0001-024-000-0000
  • Lot Dimensions: 1X1
  • Lot Size Sq Ft: 20038.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2494.0
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Sep 1, 2020
Sold by
Steiner Joyce A and Steiner Andrew R
Bought by
Mcandrew Joan
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$74,900
Sold Price
$75,000
Premium/Discount to List
$100
0.13%
Current Estimated Value
$122,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,781
Avg. Annual Appreciation
10.16%
Original Mortgage
$65,000
Outstanding Balance
$56,892
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$72,577
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mcandrew Joan $75,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mcandrew Joan $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $75,000 +0.1% $69 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $74,900 -- $69 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $2,654 $61,000 $8,300 $52,700
2024 $2,619 $61,000 $8,300 $52,700
2023 $2,573 $61,000 $8,300 $52,700
2022 $2,465 $61,000 $8,300 $52,700
2021 $2,517 $61,000 $8,300 $52,700
2020 $1,094 $61,000 $8,300 $52,700
2019 $28 $61,000 $8,300 $52,700
2018 $1,123 $61,000 $8,300 $52,700
2017 $1,113 $61,000 $8,300 $52,700
2016 $1,079 $61,000 $8,300 $52,700
2015 -- $61,000 $8,300 $52,700
2014 -- $61,000 $8,300 $52,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1275000

Chautauqua-Cattaraugus Board of REALTORS®

APN: 047489-104-005-0001-024-000-0000

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