NOT LISTED FOR SALE

125 N 8th St Olean, NY 14760

Estimated Value: $119,000 - $160,308

3 Beds
3 Baths
2,364 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 26, 2012

Last sale price $55,000 $23 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $897/month

29 Days on Market

Highlights

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

About This Home

As of April 2012

Upstairs 3rd b/r has been made into an efficiency apartment but could easily be converted back to a bedroom, kept "as is" it would bring in positive income. Wonderful eat-in kitchen, large living room, all bedrooms are spacious, there are endless possibilities in this neighborhood friendly home. There is an extra lot on the South side of the house and lots of hedges to give you your privacy. Call for an appointment.

Last Agent to Sell the Property

Dorothea Flynn

Listing by No Office Affiliation Listed on: 01/27/2012

Last Buyer's Agent

Dorothea Flynn

Listing by No Office Affiliation Listed on: 01/27/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 137 x 40

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,364 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Drapes & Rods
  • Den
  • Partial Basement
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 094.064-0007-020

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 112
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 70000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 137
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • L P Per Acre: 458333.3300
  • List Price per Sq Ft: 23.2656
  • Nearest Cross Street: West State
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 458333.33
  • Ratio Close Price By Sq Ft: 23.27
  • Ratio List Price By Acres: 458333.33
  • Ratio List Price By Sq Ft: 23.27
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1657
  • Sale Price List Price: 1.0000
  • S P Per Acre: 458333.3300
  • S P Per Sq Ft: 23.2656
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 55000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Between West State and Sullivan
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Drapes - Some
  • Additional Rooms: Den/Study, In-Law - see Remarks, Porch - Open
  • Attic Description: Full
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 7
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2364

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Patio
  • Number of Acres: 0.1200

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC Unit-Wall
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 094.064-0007-020

Tax Info

  • Total Taxes: 3561

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Melfi Justin P
Bought by
Wilson Cara L
Current Estimated Value
$146,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$60,576
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$75,998

Purchase Details

Closed on
Dec 13, 2019
Sold by
Melfi Justin P
Bought by
Wilson Cara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$60,576
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$75,998

Purchase Details

Listed on
Jan 27, 2012
Closed on
Apr 26, 2012
Sold by
Fogarty Muriel
Bought by
Melfi Justin
Seller's Agent
Dorothea Flynn
No Office Affiliation
Buyer's Agent
Dorothea Flynn
No Office Affiliation
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$44,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilson Cara L $85,000 None Available
Wilson Cara L $85,000 None Available
Melfi Justin $55,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Cara L $68,000
Closed Wilson Cara L $68,000
Previous Owner Melfi Justin $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2012 04/26/12 Sold $55,000 0.0% $23 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $55,000 -- $23 / 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 $1,507 $55,000 $3,800 $51,200
2023 $2,071 $55,000 $3,800 $51,200
2022 $2,101 $55,000 $3,800 $51,200
2021 $2,161 $55,000 $3,800 $51,200
2020 $1,535 $55,000 $3,800 $51,200
2019 $826 $55,000 $3,800 $51,200
2018 $2,326 $55,000 $3,800 $51,200
2017 $1,553 $55,000 $3,800 $51,200
2016 $1,511 $55,000 $3,800 $51,200
2015 -- $55,000 $3,800 $51,200
2014 -- $55,000 $3,800 $51,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dorothea Flynn

    No Office Affiliation

See All Agents

Map

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

MLS Number: B401067

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0007-020-000-0000

New York Cattaraugus County Olean 14760

125 N 8th St, Olean, NY

This home is located at 125 N 8th St, Olean, NY 14760 since 27 January 2012 and is currently estimated at $146,077, approximately $61 per square foot. This property was built in 1900. 125 N 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.

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