NOT LISTED FOR SALE

1241 Brook St Olean, NY 14760

Estimated Value: $98,000 - $118,860

3 Beds
1 Bath
1,232 Sq Ft
$91/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $66,000 $54 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $733/month

9 Days on Market

Highlights

  • In Ground Pool
  • Full Attic
  • 1 Car Detached Garage
  • Wood Flooring
  • Den
  • Eat-In Kitchen

About This Home

As of February 2015

Whether you're just starting out or looking to size down, this 3 bedroom ranch style home boasts affordability! Numerous updates including re-vamped in-ground pool, upgraded electrical system, all new windows, new black top driveway, hot water tank, re-finished hardwood floors, new sewer, light fixtures, paint, and the list goes on and on! Eat-in kitchen opens to quaint dining area and large living room w/ fireplace! Walk down the hall and find 3 bedrooms and updated bathroom! Partially finished basement w/ rec room and bonus room! Enjoy BBQs on your back patio and lounging in the pool!

Last Agent to Sell the Property

Bill Soffel

Listing by ERA Team VP Real Estate License #10311201957 Listed on: 11/09/2014

ERA Team VP Real Estate

Last Buyer's Agent

Greg Spako

Listing by ERA Team VP Real Estate License #10301201659

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 184 x 54

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom

Attic

  • Full Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

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

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • East View Elementary School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-067-0003-032-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,117

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Age: 68
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 59000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 184
  • Lot Dimension Front: 54
  • Lot Information: Neighborhood Street, Secondary Road
  • L P Per Acre: 300000.0000
  • List Price per Sq Ft: 56.0064
  • Nearest Cross Street: North Clark Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 286956.52
  • Ratio Close Price By Sq Ft: 53.57
  • Ratio List Price By Acres: 300000.00
  • Ratio List Price By Sq Ft: 56.01
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1489
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 69000.00
  • Year Built Description: Existing
  • Age of Building: 76
  • Year Built: 1946
  • Directions To Property: Take King Street to Brook Street. House is on the left hand side. Look for ERA sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1946

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Cedar Closets, Ceiling Fan, Circuit Breakers - Some, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Den/Study, Family Room, Laundry-Basement, Living Room
  • Attic Description: Full, Pull Down Stairs
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Negotiable, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In, Pantry
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1232

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Patio, Pool-In Ground
  • Number of Acres: 0.2300

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: East View Elementary

Lot Info

  • Parcel Number: 041200-094-067-0003-032-000-0000

Tax Info

  • Total Taxes: 3117

MLS Schools

  • Elementary School Name: East View Elementary
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2014
Closed on
Feb 5, 2015
Sold by
Oyer Eugene R
Bought by
Rhim Carmen S
Seller's Agent
Bill Soffel
ERA Team VP Real Estate
Buyer's Agent
Greg Spako
ERA Team VP Real Estate
List Price
$69,000
Sold Price
$66,000
Premium/Discount to List
-$3,000
-4.35%
Current Estimated Value
$112,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,715
Avg. Annual Appreciation
5.46%
Original Mortgage
$68,732
Outstanding Balance
$54,313
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$61,826

Purchase Details

Closed on
Nov 15, 2010
Sold by
Padlo Regina
Bought by
Oyer Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,150
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
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
Rhim Carmen S $66,000 Gregory Shemeld
Oyer Eugene $57,000 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhim Carmen S $68,732
Previous Owner Oyer Eugene $54,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2015 02/11/15 Sold $66,000 -4.3% $54 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
11/09/2014 11/09/14 For Sale $69,000 -- $56 / 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 $1,658 $59,000 $7,600 $51,400
2023 $2,221 $59,000 $7,600 $51,400
2022 $2,253 $59,000 $7,600 $51,400
2021 $2,318 $59,000 $7,600 $51,400
2020 $1,694 $59,000 $7,600 $51,400
2019 $952 $59,000 $7,600 $51,400
2018 $2,541 $59,000 $7,600 $51,400
2017 $1,715 $59,000 $7,600 $51,400
2016 $1,672 $59,000 $7,600 $51,400
2015 -- $59,000 $7,600 $51,400
2014 -- $59,000 $7,600 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B464703

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-067-0003-032-000-0000