NOT LISTED FOR SALE

124 S 13th St Olean, NY 14760

Estimated Value: $98,712 - $105,000

3 Beds
1.5 Baths
1,020 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $11,000 $11 Per Sq Ft

Est. 820% increase in value since last sale

Current estimated payment $728/month

167 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Forced Air Cooling System
  • Country Kitchen

About This Home

As of November 2016

3 bedroom 1.5 bath home. Close to amenities. Partially fenced yard. Sold As-is. No search or survey provided. Buyer to verify taxes. Buyer to verify condition of all mechanicals.

Last Agent to Sell the Property

Amanda Kubic

Listing by Kyser Realty Inc. License #10401274339 Listed on: 05/12/2016

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 128 x 50

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • 2-Story Property
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-064-0010-070-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 106
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 53500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 99333.3300
  • List Price per Sq Ft: 14.6078
  • Nearest Cross Street: West State
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 73333.33
  • Ratio Close Price By Sq Ft: 10.78
  • Ratio List Price By Acres: 99333.33
  • Ratio List Price By Sq Ft: 14.61
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1200
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 14900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: 13th st
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-Basement, Porch - Open
  • Basement Description: Full
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1020

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0010-070-000-0000

Tax Info

  • Total Taxes: 3600

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2017
Sold by
Bowser Timothy
Bought by
Shumway Loran D
Current Estimated Value
$101,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,569
Outstanding Balance
$65,970
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$35,208

Purchase Details

Listed on
May 12, 2016
Closed on
Nov 22, 2016
Sold by
Mortgage Agency State Of New York
Bought by
Bowser Timothy
Seller's Agent
Amanda Kubic
Kyser Realty Inc.
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$20,700
Sold Price
$11,000
Premium/Discount to List
-$9,700
-46.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.28%

Purchase Details

Closed on
Apr 1, 2016
Sold by
Martin Veronica L
Bought by
Mortgage Agency State Of New York

Purchase Details

Closed on
Jun 7, 2000
Sold by
Morgan Roberta J and Morgan Harold W
Bought by
Martin Veronica L

Purchase Details

Closed on
Jun 2, 2000
Sold by
Morgan Roberta J and Morgan Harold W
Bought by
Martin Veronica L

Purchase Details

Closed on
Apr 8, 1997
Sold by
Cyzeski John L
Bought by
Morgan Roberta J and Morgan Harold W

Purchase Details

Closed on
Apr 4, 1997
Sold by
Cyzeski John L
Bought by
Morgan Roberta J and Morgan Harold W
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
Shumway Loran D -- Greg Shemeld
Bowser Timothy $11,000 Palumbo & Bertrand
Mortgage Agency State Of New York $500 Lefkowitz & Her Schiller, Kn
Martin Veronica L $45,000 Daniel R Palumbo
Martin Veronica L $45,000 Daniel R Palumbo
Morgan Roberta J $45,000 --
Morgan Roberta J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shumway Loran D $77,569
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $11,000 -46.9% $11 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $20,700 -- $20 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $2,020 $53,500 $5,200 $48,300
2023 $2,014 $53,500 $5,200 $48,300
2022 $2,043 $53,500 $5,200 $48,300
2021 $2,102 $53,500 $5,200 $48,300
2020 $2,117 $53,500 $5,200 $48,300
2019 $803 $53,500 $5,200 $48,300
2018 $2,886 $53,500 $5,200 $48,300
2017 $2,168 $53,500 $5,200 $48,300
2016 $2,848 $53,500 $5,200 $48,300
2015 -- $53,500 $5,200 $48,300
2014 -- $53,500 $5,200 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B499714

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0010-070-000-0000