NOT LISTED FOR SALE

124 N 5th St Olean, NY 14760

Estimated Value: $70,000 - $112,000

3 Beds
2 Baths
1,700 Sq Ft
$52/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $67,840 $40 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $579/month

25 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Tankless Water Heater
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • 3-minute walk to Oak Hill Park

About This Home

As of December 2022

HERE'S A DEAL!!! If you are searching for an affordable home this 3-4 bedroom, 2 bath house, may be just the answer! It's been well maintained and has lots of living space! There's a bonus room on the first floor and it can easily be used as a bedroom. There's also a full bath downstairs, to make convenient living for someone that can't do too many steps. The many updates include both bathrooms, one with laundry on the 2nd floor! Other updates include a tankless water heater, updated boiler, plumbing, electrical panel and roof! As if that wasn't enough it even has an attached garage and a partially fenced in backyard with a deck! Definitely cheaper than renting, centrally located and walking distance to schools, grab it before someone else does!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 10/06/2022

Last Buyer's Agent

Rachel Fraley

Listing by Howard Hanna Professionals - Olean License #10401356931

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1880

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 041200-094-064-0009-020-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 36000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 20
  • Nearest Cross Street: W ashington
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 738997.82
  • Ratio Close Price By Sq Ft: 39.91
  • Ratio List Price By Acres: 751633.99
  • Ratio List Price By Sq Ft: 40.59
  • Regional Board Code: Rochester
  • School Tax: 956
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4000
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1700
  • Directions To Property: West State to North 5th
  • Sq Ft Total Pub: 1700
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Family Room, Laundry-2nd Floor, Porch - Enclosed
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1700

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 0.0918

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas, Tankless

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0009-020-000-0000

Tax Info

  • Total Taxes: 1974

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 20, 2022
Sold by
Ramadham Abe and Ramadham April
Bought by
Benham Jennifer L
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Rachel Fraley
Howard Hanna Professionals - Olean
List Price
$69,000
Sold Price
$67,840
Premium/Discount to List
-$1,160
-1.68%
Current Estimated Value
$88,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,381
Avg. Annual Appreciation
6.23%
Original Mortgage
$66,610
Outstanding Balance
$64,788
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$15,372

Purchase Details

Closed on
May 13, 2005
Sold by
Kayes Bernard
Bought by
Ramadhan Aben
Source: Public Records

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
Benham Jennifer L $67,500 None Available
Ramadhan Aben $31,000 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benham Jennifer L $66,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $67,840 -1.7% $40 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $69,000 0.0% $41 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $69,000 -- $41 / 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 $1,359 $36,000 $3,400 $32,600
2023 $1,355 $36,000 $3,400 $32,600
2022 $1,375 $36,000 $3,400 $32,600
2021 $1,415 $36,000 $3,400 $32,600
2020 $2,458 $36,000 $3,400 $32,600
2019 $540 $36,000 $3,400 $32,600
2018 $1,942 $36,000 $3,400 $32,600
2017 $1,459 $36,000 $3,400 $32,600
2016 $1,443 $36,000 $3,400 $32,600
2015 -- $36,000 $3,400 $32,600
2014 -- $36,000 $3,400 $32,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1437836

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0009-020-000-0000