NOT LISTED FOR SALE

1300 Old Rock City Rd Olean, NY 14760

Estimated Value: $58,000 - $153,000

3 Beds
1.5 Baths
1,292 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $55,000 $43 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $660/month

69 Days on Market

Highlights

  • 0.59 Acre Lot
  • Tile Flooring
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of December 2024

What a find!!!! Priced significantly below "full market value"!!! This 3 bedroom, 1.5 bathroom home is ready for your finishing touches! A HUGE two-story workshop and 2+ garage/carport are added bonuses! Property fronts on both Old Rock City Road and Route 16!!! Bank financing through Hamlin Bank is available!!!!

Last Agent to Sell the Property

Ciji VanDyke

Listing by RE/MAX On Point Brokerage Phone: 716-373-7325 License #40SH1133987 Listed on: 08/30/2024

RE/MAX On Point

Last Buyer's Agent

Ciji VanDyke

Listing by RE/MAX On Point Brokerage Phone: 716-373-7325 License #40SH1133987 Listed on: 08/30/2024

RE/MAX On Point

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 123x210

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,292 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 046600-103-001-0002-068-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1911
  • Attribution Contact: 716-373-7325
  • Road Frontage Type: Main Thoroughfare
  • Directions: Google Maps - 1300 Old Rock City Road, Olean, NY 14760
  • Architectural Style: Two Story
  • Flooring: Other, See Remarks, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Living Room, Living/Dining Room, Other, See Remarks
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.593
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 046600-103-001-0002-068-000-0000
  • Lot Dimensions: 123X210
  • Lot Size Sq Ft: 25830.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3182.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Dec 20, 2024
Sold by
Hamlin Bk & Tr Co
Bought by
Peterkin Karol E
Seller's Agent
Ciji VanDyke
RE/MAX On Point
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Views
112
Current Estimated Value
$106,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,047
Avg. Annual Appreciation
88.00%
Original Mortgage
$44,000
Outstanding Balance
$43,654
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,393

Purchase Details

Closed on
Dec 1, 2023
Sold by
Madison Bradley and Burke Michael
Bought by
Hamlin Bank & Tco

Purchase Details

Closed on
Oct 18, 2004
Sold by
Madison Jennifer
Bought by
Madison Bradley

Purchase Details

Closed on
Sep 19, 2001
Sold by
Croft John R
Bought by
English Jennifer L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peterkin Karol E $55,000 None Available
Hamlin Bank & Tco $53,000 None Available
Hamlin Bank & Tco $53,000 None Available
Madison Bradley $50,238 Daniel Palumbo
Madison Bradley $50,238 Daniel Palumbo
English Jennifer L $58,000 --
English Jennifer L $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterkin Karol E $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $55,000 -15.3% $43 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $64,900 -- $50 / 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 $5,764 $53,000 $3,500 $49,500
2023 $3,814 $53,000 $3,500 $49,500
2022 $3,748 $53,000 $3,500 $49,500
2021 $3,573 $53,000 $3,500 $49,500
2020 $4,117 $53,000 $3,500 $49,500
2019 $961 $53,000 $3,500 $49,500
2018 $4,116 $53,000 $3,500 $49,500
2017 $3,524 $53,000 $3,500 $49,500
2016 $3,677 $53,000 $3,500 $49,500
2015 -- $53,000 $3,500 $49,500
2014 -- $53,000 $3,500 $49,500
Source: Public Records

Agents Affiliated with this Home

  • Ciji VanDyke

    Seller's Agent in 2024

    Ciji VanDyke

    RE/MAX

    (716) 244-8924

    46 in this area

    290 Total Sales

    Ciji VanDyke
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Map

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

MLS Number: B1562297

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-103-001-0002-068-000-0000

New York Cattaraugus County Olean 14760

1300 Old Rock City Rd, Olean, NY

Not Listed for Sale

Detached

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