NOT LISTED FOR SALE

1222 Burnt Hill Rd Olean, NY 14760

Estimated Value: $160,000 - $204,000

4 Beds
2 Baths
1,392 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $89,000 $64 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,269/month

66 Days on Market

Highlights

  • Partial Attic
  • L-Shaped Dining Room
  • 1.5 Car Attached Garage
  • Portville Elementary School Rated A-
  • Porch
  • Breakfast Bar

About This Home

As of May 2019

Looking for peace and quiet but conveniently located? Then look no further, this 4 bedroom 2 full bath ranch home is nestled within the trees. Spacious living room with gas fireplace and built in for displaying pictures. Kitchen has plenty of cupboards and counter space. Laundry is on the first floor for convenience. Full basement that could be finished off for more living area. Home has a newer roof with leaf guards, painted within the last 5 yrs and some newer windows. 1.5 car garage with attic space overhead. Great home at a great price. Call for your private tour today.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 01/17/2019

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1968

Lot Details

  • 1.82 Acre Lot
  • Lot Dimensions are 528 x 149

Home Design

  • Block Foundation

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House
  • Breakfast Bar
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Partial Attic
  • Pull Down Stairs to Attic

Parking

  • 1.5 Car Attached Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 047489-104-005-0001-029-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,054

Year Built

Built in 1968

Lot Details

0

Listing Details

  • NY Swis Code: Portville-047489
  • Total Assessed Value: 97400
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 528
  • Lot Dimension Front: 149
  • Lot Information: Rural Road
  • Lot Number: 29
  • Nearest Cross Street: Promise Land Rd
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 48998.02
  • Ratio Close Price By Sq Ft: 63.94
  • Ratio List Price By Acres: 48998.02
  • Ratio List Price By Sq Ft: 63.94
  • Regional Board Code: Rochester
  • School Tax: 2374
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 79124
  • Age of Building: 54
  • Year Built: 1968
  • Directions To Property: Route 417 to Promise Land rd. Take first right onto Burnt Hill Rd. Home will be on the left .
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1968

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Partial, Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Breakfast Bar, Dining L
  • Number of Bedrooms 1st Floor: 4
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1392

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 1.8164

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Attached
  • Number of Garage Spaces: 1.5000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Portville

Lot Info

  • Parcel Number: 047489-104-005-0001-029-002-0000

Tax Info

  • Total Taxes: 4054

MLS Schools

  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 20, 2019
Sold by
Wilson Velma K
Bought by
Miles Thomas E
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$89,000
Sold Price
$89,000
Total Days on Market
66
Current Estimated Value
$180,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,862
Avg. Annual Appreciation
10.20%
Original Mortgage
$60,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 17, 2019
Closed on
May 13, 2019
Sold by
Wilson Velma K
Bought by
Miles Thomas E and Miles Carrie A
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2018
Sold by
See Attached
Bought by
Wilson Velma K

Purchase Details

Closed on
May 11, 2006
Sold by
Wilson James
Bought by
Harris Beth

Purchase Details

Closed on
May 9, 2006
Sold by
Wilson James
Bought by
Wilson James

Purchase Details

Closed on
Jun 16, 2005
Sold by
Wilson James
Bought by
Harris Beth

Purchase Details

Closed on
Sep 7, 2004
Sold by
Wilson James
Bought by
Wilson James

Purchase Details

Closed on
Dec 20, 2002
Sold by
Wilson James
Bought by
Wilson James

Range of Values:

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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
Miles Thomas E $89,000 None Available
Miles Thomas E $89,000 --
Wilson Velma K -- None Available
Harris Beth -- Daniel Palumbo
Wilson James -- Daniel Palumbo
Harris Beth $5,000 Daniel R. Palumbo
Wilson James -- Raymond W Bulson
Wilson James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Thomas E $39,358
Closed Miles Thomas E $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $89,000 0.0% $64 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $89,000 0.0% $64 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $89,000 -- $64 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,208 $76,540 $12,000 $64,540
2023 $3,191 $76,540 $12,000 $64,540
2022 $3,071 $76,540 $12,000 $64,540
2021 $3,137 $76,540 $12,000 $64,540
2020 $2,644 $76,540 $12,000 $64,540
2019 $867 $97,400 $12,000 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1169066

Chautauqua-Cattaraugus Board of REALTORS®

APN: 047489 104.005-1-29.2