NOT LISTED FOR SALE

124 N 5th St Olean, NY 14760

Estimated Value: $73,000 - $103,000

3 Beds
2 Baths
1,700 Sq Ft
$50/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2022

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

Est. 25% increase in value since last sale

Current estimated payment $640 / mo

25 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Property is near public transit
  • 1 Car Attached Garage
  • 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 40x100

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • 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

4,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1880
  • ResoLaundryFeatures: Upper Level
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: West State to North 5th
  • Architectural Style: Two Story
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Eat-in Kitchen
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Tankless Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0918
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway, Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Enclosed, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0009-020-000-0000
  • Lot Dimensions: 40X100
  • Lot Size Sq Ft: 4000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1974.0
  • Tax Lot: 20

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
$84,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,019
Avg. Annual Appreciation
6.97%
Original Mortgage
$66,610
Outstanding Balance
$64,328
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$20,531

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

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 $2,276 $36,000 $3,400 $32,600
2024 $2,276 $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

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