NOT LISTED FOR SALE

128 N 12th St Olean, NY 14760

Estimated Value: $58,000 - $142,000

4 Beds
2 Baths
1,584 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 18, 2012

Last sale price $15,000 $9 Per Sq Ft

Est. 593% increase in value since last sale

Current estimated payment $680/month

59 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Porch

About This Home

As of June 2012

Great investment opportunity or first home! Home is vinyl sided, most windows have been replaced, furnace and roof are in good condition. Home needs TLC. Off street parking, garage in rear. Driveway is minimal. Electric is on. Being sold "as is".

Last Listed By

Rebecca Pettit

Listing by Homestar Realty License #40PE1006563 Listed on: 03/19/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 128 x 35

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 094.064-0006-082

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 92
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 58000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 35
  • L P Per Acre: 150000.0000
  • List Price per Sq Ft: 14.2045
  • Nearest Cross Street: West State
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 100000.00
  • Ratio Close Price By Sq Ft: 9.47
  • Ratio List Price By Acres: 150000.00
  • Ratio List Price By Sq Ft: 14.20
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 590
  • Sale Price List Price: 0.6666
  • S P Per Acre: 100000.0000
  • S P Per Sq Ft: 9.4696
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 22500.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: West State or Wayne Street to N. 12th-2nd block-look for sign
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1584

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.1500

Garage/Parking

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

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 094.064-0006-082

Tax Info

  • Total Taxes: 2431

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Ownerschoice Funding Inc and Chadwick
Bought by
Federal Hm Ln Mtg Corp
Total Days on Market
59
Current Estimated Value
$103,923

Purchase Details

Listed on
Mar 19, 2012
Closed on
Jun 18, 2012
Sold by
Aloia Ralph
Bought by
Chadwick Todd
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Sharon Lippert
No Office Affiliation
List Price
$22,500
Sold Price
$15,000
Premium/Discount to List
-$7,500
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$28,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2012
Sold by
Aloia Ralph
Bought by
Community Bank Na

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
Federal Hm Ln Mtg Corp $50,000 None Available
Chadwick Todd $15,000 Daniel Palumbo
Chadwick Todd $15,000 Daniel Palumbo
Community Bank Na $20,000 Michael Morgan
Community Bank Na $20,000 Michael Morgan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chadwick Todd $43,000
Previous Owner Chadwick Todd $28,000
Previous Owner Aloia Ralph E $43,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2012 06/18/12 Sold $15,000 -33.3% $9 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $22,500 -- $14 / 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 $3,683 $58,000 $3,300 $54,700
2023 $2,184 $58,000 $3,300 $54,700
2022 $2,215 $58,000 $3,300 $54,700
2021 $2,279 $58,000 $3,300 $54,700
2020 $2,295 $58,000 $3,300 $54,700
2019 $871 $58,000 $3,300 $54,700
2018 $3,129 $58,000 $3,300 $54,700
2017 $2,351 $58,000 $3,300 $54,700
2016 $5,106 $58,000 $3,300 $54,700
2015 -- $58,000 $3,300 $54,700
2014 -- $58,000 $3,300 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B403998

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0006-082-000-0000