NOT LISTED FOR SALE

1227 Old Rock City Rd Olean, NY 14760

Estimated Value: $313,000 - $389,000

3 Beds
2.5 Baths
2,724 Sq Ft
$132/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $190,000 $70 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,752/month

367 Days on Market

Highlights

  • Second Garage
  • 27 Acre Lot
  • Cathedral Ceiling
  • Heated Floors
  • Contemporary Architecture
  • Loft

About This Home

As of January 2018

Price reduced - Beautiful 27+ acre setting for this immaculate, spacious family home just outside of Olean. One owner, very well maintained with attached 2 car garage and large detached garage/work shop. Huge dining room, loft, fireplace, ceramic tile, natural woodwork, central vac, 1st floor laundry & high dry basement. 220,000

Last Agent to Sell the Property

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519 Listed on: 10/02/2016

Last Buyer's Agent

Nada Grastorf

Listing by RE/MAX Hometown Choice License #40GR1142576

RE/MAX Hometown Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,032

Year Built

  • Built in 1995

Lot Details

  • 27 Acre Lot
  • Lot Dimensions are 466 x 466

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,724 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Loft
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Heated Floors
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Attached Garage
  • Second Garage
  • Garage Door Opener
  • Dirt Driveway

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 046600-103-001-0003-012-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,032

Year Built

Built in 1995

Lot Details

27 Acres

Listing Details

  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 151500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 466
  • Lot Dimension Front: 466
  • Lot Information: Secondary Road
  • Nearest Cross Street: Route 16 South
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 7037.04
  • Ratio Close Price By Sq Ft: 69.75
  • Ratio List Price By Acres: 8148.15
  • Ratio List Price By Sq Ft: 80.76
  • Regional Board Code: Rochester
  • School Tax: 2964
  • Styles of Residence: 2 Story, Contemporary
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 27
  • Year Built: 1995
  • Directions To Property: Route 16 South to Old Rock City Road
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Natural Woodwork - some
  • Additional Rooms: Loft
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • Total Sq Ft: 2724

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Garage Door Opener
  • Number of Acres: 27.0000

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: 2nd Garage, Attached
  • Number of Garage Spaces: 3.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Heated Floors, Radiant
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 046600-103-001-0003-012-000-0000

Tax Info

  • Total Taxes: 6032

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Turner Richard J and Turner Dawn M
Bought by
Moshier Kyle J and Moshier Kristan L
Current Estimated Value
$358,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,035
Outstanding Balance
$224,070
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,198

Purchase Details

Closed on
Mar 21, 2018
Sold by
Tomes Evelyn F
Bought by
Quaker S Ii Lp Est

Purchase Details

Listed on
Oct 2, 2016
Closed on
Jan 10, 2018
Sold by
Tomes Evelyn F
Bought by
Turner Richard J
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
Nada Grastorf
RE/MAX Hometown Choice
List Price
$235,000
Sold Price
$190,000
Premium/Discount to List
-$45,000
-19.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$150,000
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 2, 2016
Closed on
Dec 6, 2017
Sold by
Tomes Evelyn F and Tomes Evelyn B
Bought by
Turner Richard J and Turner Dawn M
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
Nada Grastorf
RE/MAX Hometown Choice
List Price
$235,000
Sold Price
$190,000
Premium/Discount to List
-$45,000
-19.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moshier Kyle J $245,500 None Available
Quaker S Ii Lp Est $25,000 None Available
Turner Richard J $190,000 None Available
Turner Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moshier Kyle J $233,035
Previous Owner Turner Richard J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $190,000 -13.6% $70 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
07/27/2017 07/27/17 Price Changed $220,000 -6.4% $81 / Sq Ft
10/02/2016 10/02/16 For Sale $235,000 -- $86 / 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 $10,415 $144,700 $15,000 $129,700
2024 $10,415 $144,700 $15,000 $129,700
2023 $3,277 $144,700 $15,000 $129,700
2022 $3,277 $144,700 $15,000 $129,700
2021 $3,709 $138,700 $15,000 $123,700
2020 $0 $138,700 $15,000 $123,700
2019 $0 $138,700 $15,000 $123,700
2018 -- $138,700 $15,000 $123,700
Source: Public Records

Agents Affiliated with this Home

  • Karen Redding

    Seller's Agent in 2018

    Karen Redding

    Real Estate Pros & More

    (716) 359-6808

    21 in this area

    28 Total Sales

    Karen Redding
    Section Image
  • Nada Grastorf

    Buyer's Agent in 2018

    Nada Grastorf

    RE/MAX

    (716) 498-3815

    2 in this area

    73 Total Sales

    Nada Grastorf
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: B1005756

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600 103.001-3-12.2

New York Cattaraugus County Olean 14760

1227 Old Rock City Rd, Olean, NY

Not Listed for Sale

Detached

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