$20,000
SOLD JAN 26, 2018

123 S 8th St Olean, NY 14760

4 Beds
2 Baths
2,386 Sq Ft
5,120 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

43% Below List Price

87 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Room
  • Eat-In Country Kitchen
  • Full Attic
  • 2 Car Detached Garage
  • Porch

About This Home

As of January 2022

This home is located at 123 S 8th St, Olean, NY 14760 and is currently priced at $20,000, approximately $8 per square foot. This property was built in 1900. 123 S 8th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Last Agent to Sell the Property

Krystal Dern

Listing by ERA Team VP Real Estate - Arcade License #10401220687

Last Buyer's Agent

Krystal Dern

Listing by ERA Team VP Real Estate - Arcade License #10401220687

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 128 x 40

Home Design

  • Block Foundation
  • Brick Frame

Interior Spaces

  • 2,386 Sq Ft Home
  • 2-Story Property
  • Breakfast Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Eat-In Country Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 28
  • Assessor Parcel Number 041200-094-064-0012-028-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 81000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 28
  • Nearest Cross Street: W State Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 170212.77
  • Ratio Close Price By Sq Ft: 8.38
  • Ratio List Price By Acres: 238297.87
  • Ratio List Price By Sq Ft: 11.74
  • Regional Board Code: Buffalo
  • School Tax: 2131
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 5120
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: W. State Street turn onto S 8th Street home will be on left side.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Foyer/Entry Hall, Porch - Open
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Breakfast Room, Country Kitchen, Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2386

Exterior Features

  • Construction: Brick and Frame, Shake Shingle
  • Number of Acres: 0.1175

Garage/Parking

  • Driveway Description: Blacktop, Shared
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0012-028-000-0000

Tax Info

  • Total Taxes: 4443

MLS Schools

  • School District Name: Olean

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%
Total Days on Market
87
Current Estimated Value
$120,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,220
Avg. Annual Appreciation
25.45%

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
5.41%
Original Mortgage
$65,306
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Home in Olean, NY

  • 120 W Green St Unit R, Olean, NY 14760

    $19,999

    • 3 Beds
    • 2 Baths
    • 1,128 Sq Ft
    • 120 W Green St
    • Unit R
    • Olean, NY

    Handyman’s Special! This 3-bedroom, 2-full bath home offers great potential and is centrally located within walking distance to grocery stores, churches, downtown, and parks. While the home boasts a solid structure, it’s in need of some TLC to restore it to its full glory. Featuring an attached garage and plenty of parking space, this property provides convenience and room to grow. Additionally,

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image

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
Deed $20,000 None Available
Deed $20,000 None Available
Deed $20,000 --
Deed -- Mark Knuckles
Deed $57,500 Kathleen Moriarty
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,306 Purchase Money Mortgage
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: Western New York Real Estate Information Services (WNYREIS)

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 $1,798 $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

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1080373

Western New York Real Estate Information Services (WNYREIS)

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