NOT LISTED FOR SALE

123 S 8th St Olean, NY 14760

Estimated Value: $98,000 - $155,265

4 Beds
2 Baths
2,386 Sq Ft
$55/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $30,000 $13 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $765/month

43 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Separate Formal Living Room
  • Wood Flooring
  • Attic
  • Formal Dining Room

About This Home

As of January 2022

This colonial 4 bedroom 2 full bath was once a two family is a single family home that has so much potential. Living room and dining room have hardwood floors once refurbished could be spectacular. Down stairs has 2 large bedrooms with a full bath. Kitchen is small but efficient with a breakfast room for casual eating. Upstairs has 2 large bedrooms and what was once the kitchen could be the laundry room. Great sitting area in the upstairs covered porch. Walk up attic offers more living space and some storage. New metal roof and heating system. Want a winter project this home with some tlc would make a great home or rental income.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 09/25/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1900

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 40x128

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Cedar

Interior Spaces

  • 2,386 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 041200-094-064-0012-028-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,592

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: West State to s 8th
  • Architectural Style: Colonial
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Attic, Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room, Pantry, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 13
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1175
  • Waterfront: No
  • Construction Type: Brick, Cedar
  • Exterior Features: Concrete Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0012-028-000-0000
  • Lot Dimensions: 40X128
  • Lot Size Sq Ft: 5120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1592.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Jan 31, 2018
Sold by
Pennymac Loan Service Llc
Bought by
Moricca Susan
Seller's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
Buyer's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%
Current Estimated Value
$130,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,066
Avg. Annual Appreciation
25.29%

Purchase Details

Listed on
Oct 4, 2017
Closed on
Jan 25, 2018
Sold by
Pennymac Loan Service Llc
Bought by
Moricca Susan
Seller's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
Buyer's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%

Purchase Details

Listed on
Oct 4, 2017
Closed on
Jan 8, 2018
Sold by
Pennymac Loan Services
Bought by
Moriccca Susan
Seller's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
Buyer's Agent
Krystal Dern
ERA Team VP Real Estate - Arcade
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%

Purchase Details

Closed on
Aug 25, 2017
Sold by
Hennard Remedios
Bought by
Pennymac Loan Services L

Purchase Details

Listed on
Jan 28, 2013
Closed on
Dec 6, 2013
Sold by
Kraus Richard A
Bought by
Hennard Remedios
Seller's Agent
Dorothea Flynn
No Office Affiliation
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$72,000
Sold Price
$57,500
Premium/Discount to List
-$14,500
-20.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$65,306
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Moricca Susan $20,000 None Available
Moricca Susan $20,000 None Available
Moriccca Susan $20,000 --
Pennymac Loan Services L -- Mark Knuckles
Hennard Remedios $57,500 Kathleen Moriarty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hennard Remedios $65,306
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $30,000 -23.1% $13 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $39,000 +95.0% $16 / Sq Ft
01/26/2018 01/26/18 Sold $20,000 -28.6% $8 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
12/07/2017 12/07/17 Price Changed $28,000 -9.7% $12 / Sq Ft
11/07/2017 11/07/17 Price Changed $31,000 -11.4% $13 / Sq Ft
10/04/2017 10/04/17 For Sale $35,000 -39.1% $15 / Sq Ft
12/06/2013 12/06/13 Sold $57,500 -20.1% $24 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $72,000 -- $30 / 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 $934 $29,100 $5,100 $24,000
2023 $1,046 $29,100 $5,100 $24,000
2022 $1,111 $29,100 $5,100 $24,000
2021 $1,144 $29,100 $5,100 $24,000
2020 $1,987 $29,100 $5,100 $24,000
2019 $470 $29,100 $5,100 $24,000
2018 $4,514 $29,100 $5,100 $24,000
2017 $2,607 $81,000 $5,100 $75,900
2016 $2,554 $81,000 $5,100 $75,900
2015 -- $81,000 $5,100 $75,900
2014 -- $81,000 $5,100 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1368781

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0012-028-000-0000