NOT LISTED FOR SALE

128 N 8th St Olean, NY 14760

Estimated Value: $124,678 - $146,000

3 Beds
1 Bath
1,536 Sq Ft
$88/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $116,600 $76 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $922/month

106 Days on Market

Highlights

  • Heated Floors
  • Solid Surface Countertops
  • 1 Car Detached Garage
  • Old Style Architecture
  • Breakfast Room
  • Enclosed patio or porch

About This Home

As of July 2022

This is a beautiful newly redone 3 bedroom home with old style charm on a quiet residential street near schools. House is completely updated with fresh paint, new roof, 100 amp electric service, pex and copper plumbing, all in 2020, and new Combi-on-demand boiler/hot water system installed in 12/2020.
Downstairs has an entry foyer which opens into the home with wonderful architectural details. There is an open plan living room/dining room with built in bookshelves, pantry and brand new kitchen with high end appliances included.
Upstairs opens to a uniquely designed hallway, with a nicely tiled full bathroom with heated floor, a large Master bedroom, a laundry room with new stacked front loading washer and dryer, and two smaller bedrooms. All bedrooms have closet space. There is a stairway to the attic from the 2nd floor, which is full but unfinished. Great for storage.
Basement access per a stairway from the 1st floor, in which the mechanicals are located, as well as work space and storage. Rough bathroom in basement that could be utilized with proper modifications.
The garage may fit small car, or work space. Covered back patio. Back yard fenced in.

Last Listed By

Richard 'Rich' Newton

Listing by Real Estate Advantage License #10401348542 Listed on: 01/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 1920

Lot Details

  • 4,864 Sq Ft Lot
  • Lot Dimensions are 128 x 38
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Old Style Architecture
  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Breakfast Room
  • Unfinished Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Heated Floors
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Enclosed patio or porch

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 041200-094-064-0008-072-000-0000
  • $106 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,947

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Accessibility: 32 Inch Doors - some
  • Annual Special Assessment: 106
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 38
  • Lot Information: Neighborhood Street
  • Lot Number: 72
  • Lot Shape: Rectangular
  • Nearest Cross Street: State St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1043867.50
  • Ratio Close Price By Sq Ft: 75.91
  • Ratio List Price By Acres: 984780.66
  • Ratio List Price By Sq Ft: 71.61
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1448
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4864
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1536
  • Directions To Property: West State St downtown to N. 8th.
  • Sq Ft Total Pub: 1536
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Copper Plumbing - Some, Pex Plumbing- Some, Sump Pump
  • Additional Rooms: Foyer/Entry Hall, Laundry-2nd Floor, Porch - Enclosed
  • Attic Description: Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Room, Living/Dining Combo, Pantry, Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1536

Exterior Features

  • Construction: Stucco
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1117

Garage/Parking

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

Utilities

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

Schools

  • School District: Olean

Green Features

  • Energystar: Appliances

Lot Info

  • Parcel Number: 041200-094-064-0008-072-000-0000

Tax Info

  • Total Taxes: 2947

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jul 26, 2022
Sold by
Montgomery Jacob and Montgomery Heather
Bought by
Conner Hailey
Seller's Agent
Richard 'Rich' Newton
Real Estate Advantage
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals
List Price
$110,000
Sold Price
$116,600
Premium/Discount to List
$6,600
6%
Total Days on Market
106
Current Estimated Value
$140,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,756
Avg. Annual Appreciation
5.69%
Original Mortgage
$109,991
Outstanding Balance
$106,051
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$29,869

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 10, 2020
Sold by
Anderson Jess J and Cornell Dana L
Bought by
Montgomery Jacob and Montgomery Heather
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Steven Muck
Howard Hanna Holt - Fredonia
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.69%
Original Mortgage
$91,500
Interest Rate
6.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Dec 12, 2018
Closed on
Mar 15, 2019
Sold by
Sml Propertiesof Wny Llc
Bought by
Anderson Jess J
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals
List Price
$17,500
Sold Price
$13,000
Premium/Discount to List
-$4,500
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.41%
Original Mortgage
$42,000
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 4, 2019
Sold by
Sml Properties Wny Llc
Bought by
Anderson Jess J and Cornell Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 15, 2016
Closed on
Apr 7, 2017
Sold by
And Trust Company Hamlin Bank
Bought by
Sml Properties Of Wnyllc
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$29,900
Sold Price
$15,000
Premium/Discount to List
-$14,900
-49.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.40%
Original Mortgage
$41,000
Interest Rate
3.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 17, 2015
Sold by
Pfeiffer Esq
Bought by
Hamlin Bank And Trust Company

Purchase Details

Closed on
Aug 15, 2005
Sold by
Dziadkowicz Leonard
Bought by
Lucznik Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Dziadkowicz Leonard
Bought by
Dziadkowicz James

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
Conner Hailey $117,000 None Available
Montgomery Jacob $85,000 None Available
Anderson Jess J $13,000 None Available
Anderson Jess J $13,000 None Available
Anderson Jess J $13,000 --
Sml Properties Of Wnyllc -- Daniel A. Derose
Hamlin Bank And Trust Company $70,382 Eric Firkel
Lucznik Michael $63,500 Michael Shane
Dziadkowicz James -- Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conner Hailey $109,991
Closed Conner Hailey $7,500
Previous Owner Montgomery Jacob $91,500
Previous Owner Anderson Jess J $42,000
Previous Owner Anderson Jess J $42,000
Previous Owner Sml Properties Wny Llc $41,000
Previous Owner Lucznik Michael $50,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $116,600 +6.0% $76 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $110,000 -5.7% $72 / Sq Ft
02/12/2022 02/12/22 Off Market $116,600 -- --
01/10/2022 01/10/22 For Sale $110,000 +29.4% $72 / Sq Ft
12/16/2020 12/16/20 Sold $85,000 -5.5% $55 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $89,900 +591.5% $59 / Sq Ft
03/19/2019 03/19/19 Sold $13,000 -25.7% $8 / Sq Ft
12/28/2018 12/28/18 Pending -- -- --
12/12/2018 12/12/18 For Sale $17,500 +16.7% $11 / Sq Ft
04/10/2017 04/10/17 Sold $15,000 -49.8% $10 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
10/15/2016 10/15/16 For Sale $29,900 -- $19 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,317 $68,000 $3,600 $64,400
2023 $2,560 $68,000 $3,600 $64,400
2022 $2,597 $68,000 $3,600 $64,400
2021 $1,965 $50,000 $3,600 $46,400
2020 $4,257 $50,000 $3,600 $46,400
2019 $751 $50,000 $3,600 $46,400
2018 $2,697 $50,000 $3,600 $46,400
2017 $2,027 $50,000 $3,600 $46,400
2016 $2,947 $73,500 $3,600 $69,900
2015 -- $73,500 $3,600 $69,900
2014 -- $73,500 $3,600 $69,900
Source: Public Records

Agents Affiliated with this Home

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1384259

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0008-072-000-0000