$125,000
SOLD SEP 5, 2023

131 N 2nd St Olean, NY 14760

3 Beds
3.5 Baths
2,030 Sq Ft
2,660 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

41 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Country Kitchen
  • Old Style Architecture
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of September 2023

This is a lovely 2-story, 3 to 4-bedroom home with 3 1/2 baths and a few upgrades. There is a finished attic with a full bath and an additional room as well as a big window where you have a nice view of the town. Once you walk in, there's a spacious foyer/entryway that leads into an office area and a cozy living room. On the second floor, you will see 2 full baths along with 3 bedrooms. Gas fireplace is not a usable fireplace. This sale is contingent on the seller finding a home. Are you ready to call this house your home?

Last Agent to Sell the Property

Ava Breuer

Listing by No Office Affiliation License #10401374300 Listed on: 05/14/2023

No Office Affiliation

Last Buyer's Agent

Katy Gerrity

Listing by ERA Team VP-Olean License #10401366686

ERA Team VP-Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1920

Lot Details

  • 2,660 Sq Ft Lot
  • Lot Dimensions are 76 x 35

Parking

  • No Garage

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,030 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Full Attic
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 041200-094-065-0010-006-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,801

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 70000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 76
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • Lot Number: 6
  • Nearest Cross Street: LAURENS
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 2083333.33
  • Ratio Close Price By Sq Ft: 61.58
  • Ratio List Price By Acres: 2083333.33
  • Ratio List Price By Sq Ft: 61.58
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 1846
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2660
  • Age of Building: 103
  • Year Built: 1920
  • Directions To Property: WEST STATE STREET TO NORTH 2ND STREET
  • Attribution Contact: 716-447-5915
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: Family Room, Foyer/Entry Hall, Laundry-Basement, Living Room, Possible Additional Bedroom
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Country Kitchen, Formal Dining Room, Pantry
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 3
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 3
  • Total Sq Ft: 2030

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0600

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

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

Lot Info

  • Parcel Number: 041200-094-065-0010-006-000-0000

Tax Info

  • Total Taxes: 3801

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
May 14, 2023
Closed on
Sep 5, 2023
Sold by
Wilson Crystal E
Bought by
Gerrity Katy
Seller's Agent
Ava Breuer
No Office Affiliation
Buyer's Agent
Katy Gerrity
ERA Team VP-Olean
List Price
$125,000
Sold Price
$125,000
Views
260
Current Estimated Value
$144,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,834
Avg. Annual Appreciation
8.15%
Original Mortgage
$122,735
Outstanding Balance
$120,413
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$24,421

Purchase Details

Listed on
Sep 9, 2019
Closed on
Nov 19, 2019
Sold by
Kelly Kevin and Kelly Linda E
Bought by
Wilson Crystal E
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%
Original Mortgage
$67,803
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1996
Sold by
Williams David R
Bought by
Williams David R and Williams Janet M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 None Available
Warranty Deed $70,000 None Available
Warranty Deed $70,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,735 FHA
Previous Owner $67,803 Purchase Money Mortgage
Previous Owner $67,803 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $125,000 0.0% $62 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $125,000 +78.8% $62 / Sq Ft
12/06/2019 12/06/19 Sold $69,900 0.0% $34 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $69,900 -- $34 / 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 $2,643 $70,000 $2,500 $67,500
2023 $2,635 $70,000 $2,500 $67,500
2022 $2,673 $70,000 $2,500 $67,500
2021 $2,751 $70,000 $2,500 $67,500
2020 $2,770 $70,000 $2,500 $67,500
2019 $1,051 $70,000 $2,500 $67,500
2018 $3,135 $70,000 $2,500 $67,500
2017 $2,161 $70,000 $2,500 $67,500
2016 $2,113 $70,000 $2,500 $67,500
2015 -- $70,000 $2,500 $67,500
2014 -- $70,000 $2,500 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1471033

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0010-006-000-0000