NOT LISTED FOR SALE

1301 W Sullivan St Olean, NY 14760

Estimated Value: $114,000 - $122,271

3 Beds
1.5 Baths
1,682 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $95,000 $56 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $740/month

7 Days on Market

Highlights

  • Old Style Architecture
  • Porch
  • Woodwork
  • Corner Lot
  • Eat-In Kitchen
  • 3-minute walk to Marcus Park & Playfields

About This Home

As of November 2022

This spacious three-bedroom West Olean home has many updates, including a newer kitchen and bathrooms. With the character and charm of an old home and the luxuries of an updated home, you will love to call this house your home. The kitchen and bathrooms feature subway tile and a lot of storage. There is also a first-floor laundry to make laundry more accessible and a mostly fenced-in yard for the dog! With a formal dining room separating the living room and kitchen, this is a traditional layout that will never go out of style.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 08/24/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kamille Connelly

Listing by EXP-Premier Listings Team License #10401357981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1890

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 110 x 40
  • Corner Lot

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Porch

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 041200-094-064-0001-011-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,851

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 52000
  • Foundation Description: Poured, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 40
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 11
  • Nearest Cross Street: N 12th St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 940594.06
  • Ratio Close Price By Sq Ft: 56.48
  • Ratio List Price By Acres: 890099.01
  • Ratio List Price By Sq Ft: 53.45
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1380
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4400
  • Age of Building: 132
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1682
  • Directions To Property: From West State St Route 417, turn onto N 12th St, the property is on the corner of W Sullivan and 12th
  • Sq Ft Total Pub: 1682
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In, Island
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1682

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1010

Garage/Parking

  • Driveway Description: Concrete, Parking Area, Stone/Gravel
  • Garage Description: No Garage

Utilities

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

Lot Info

  • Parcel Number: 041200-094-064-0001-011-000-0000

Tax Info

  • Total Taxes: 2851

MLS Schools

  • Elementary School Name: Washington West Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Nov 7, 2022
Sold by
Stayer Matthew A and Stayer Gage P
Bought by
Geise Jeffrey P and Geise Gage P
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Kamille Connelly
EXP-Premier Listings Team
List Price
$89,900
Sold Price
$95,000
Premium/Discount to List
$5,100
5.67%
Current Estimated Value
$118,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,568
Avg. Annual Appreciation
7.34%
Original Mortgage
$90,000
Outstanding Balance
$86,059
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$32,509

Purchase Details

Listed on
Sep 25, 2019
Closed on
Aug 3, 2020
Sold by
Wilson David M
Bought by
Stayer Matthew A
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$63,600
Premium/Discount to List
-$6,300
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%
Original Mortgage
$48,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2012
Closed on
Apr 9, 2013
Sold by
Drinkwalter Penny L
Bought by
Wilson David M
Seller's Agent
Tina Dillon
Keller Williams Realty Lancaster
Buyer's Agent
Tina Dillon
Keller Williams Realty Lancaster
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$58,913
Interest Rate
2.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Geise Jeffrey P $95,000 None Available
Stayer Matthew A -- None Available
Wilson David M $60,000 Kathleen G. Moriarty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geise Jeffrey P $90,000
Previous Owner Stayer Matthew A $48,000
Previous Owner Wilson David M $58,913
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2022 11/09/22 Sold $95,000 +5.7% $56 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $89,900 +41.4% $53 / Sq Ft
08/12/2020 08/12/20 Sold $63,600 -9.0% $38 / Sq Ft View Prior Sale
04/17/2020 04/17/20 Pending -- -- --
09/25/2019 09/25/19 For Sale $69,900 +16.5% $42 / Sq Ft
04/09/2013 04/09/13 Sold $60,000 -7.7% $36 / Sq Ft View Prior Sale
02/06/2013 02/06/13 Pending -- -- --
07/23/2012 07/23/12 For Sale $65,000 -- $39 / 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 $4,394 $69,500 $4,100 $65,400
2023 $2,617 $69,500 $4,100 $65,400
2022 $1,986 $52,000 $4,100 $47,900
2021 $2,043 $52,000 $4,100 $47,900
2020 $2,058 $52,000 $4,100 $47,900
2019 $664 $52,000 $4,100 $47,900
2018 $2,164 $52,000 $4,100 $47,900
2017 $1,432 $52,000 $4,100 $47,900
2016 $1,391 $52,000 $4,100 $47,900
2015 -- $52,000 $4,100 $47,900
2014 -- $52,000 $4,100 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1429799

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0001-011-000-0000