NOT LISTED FOR SALE

131 S 18th St Olean, NY 14760

Estimated Value: $80,666 - $91,000

3 Beds
1 Bath
1,208 Sq Ft
$71/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $55,000 $46 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $609/month

171 Days on Market

Highlights

  • Partial Attic
  • Porch
  • Combination Dining and Living Room
  • Solid Surface Countertops
  • Forced Air Cooling System
  • Vinyl Flooring

About This Home

As of November 2021

Completely remodeled 3 bedroom, 1 bathroom home in Olean NY. 

Enter this home into the new entry way with an open living room, dining room combo.  Spacious kitchen with a walk-in pantry.  Upstairs is updated with a new full bathroom and vanity.  Three large bedrooms with closets are also upstairs.  And, there is a full basement.  The backyard is fully-fenced and includes a patio for social gatherings.

Some of the many updates to the home include:  a new furnace, new electric throughout the house, a new hot water tank, new fencing, seamless gutters, front door and lighting.

Located in a quiet and secluded district of Olean but just minutes away from all the necessities.  And, there is off street parking.  Excellent starter home!

Last Agent to Sell the Property

Travis Thurston

Listing by Landquest Inc. License #10301222583 Listed on: 04/19/2021

Last Buyer's Agent

Linda Simons

Listing by ERA Team VP Real Estate License #10301206822

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 1910

Lot Details

  • 3,676 Sq Ft Lot
  • Lot Dimensions are 105 x 35

Home Design

  • Stone Foundation

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Partial Attic
  • Unfinished Attic

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 041200-094-063-0004-035-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,429

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 44500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 105
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • Lot Number: 35
  • Nearest Cross Street: W. Henley St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 651658.77
  • Ratio Close Price By Sq Ft: 45.53
  • Ratio List Price By Acres: 768957.35
  • Ratio List Price By Sq Ft: 53.73
  • Regional Board Code: Syracuse
  • School Tax: 1177
  • Styles of Residence: 2 Story
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1208
  • Directions To Property: From W. State St. turn onto S. 18th St., house at end of the road on the left.
  • Sq Ft Total Pub: 1208
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Porch - Open
  • Attic Description: Partial, Unfinished
  • Basement Description: Full
  • Floor Description: Vinyl-Some
  • Kitchen Appliances Included: Cooktop - Gas
  • Kitchen Dining Description: Living/Dining Combo, Pantry, Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1208

Exterior Features

  • Number of Acres: 0.0844

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-063-0004-035-000-0000

Tax Info

  • Total Taxes: 2429

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 21, 2016
Sold by
Ellison Timothy
Bought by
Harrington Keegan
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$49,900
Sold Price
$47,000
Premium/Discount to List
-$2,900
-5.81%
Current Estimated Value
$85,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,667
Avg. Annual Appreciation
6.22%
Original Mortgage
$37,600
Outstanding Balance
$15,176
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,086

Purchase Details

Closed on
May 21, 2010
Sold by
Woodarek Charlotte
Bought by
Ellison Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,450
Interest Rate
5.23%
Mortgage Type
Unknown
Source: Public Records

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
Harrington Keegan $47,000 Marc Walter
Ellison Timothy $43,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrington Keegan $37,600
Previous Owner Ellison Timothy $6,450
Previous Owner Ellison Timothy $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $55,000 -15.3% $46 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
08/27/2021 08/27/21 Price Changed $64,900 -7.2% $54 / Sq Ft
08/16/2021 08/16/21 For Sale $69,900 0.0% $58 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $69,900 -6.7% $58 / Sq Ft
07/06/2021 07/06/21 For Sale $74,900 +36.2% $62 / Sq Ft
06/23/2021 06/23/21 Off Market $55,000 -- --
06/18/2021 06/18/21 For Sale $74,900 +36.2% $62 / Sq Ft
06/17/2021 06/17/21 Off Market $55,000 -- --
06/12/2021 06/12/21 Price Changed $74,900 -6.3% $62 / Sq Ft
05/06/2021 05/06/21 Price Changed $79,900 -11.1% $66 / Sq Ft
04/19/2021 04/19/21 For Sale $89,900 +91.3% $74 / Sq Ft
07/21/2016 07/21/16 Sold $47,000 -5.8% $39 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $49,900 -- $41 / Sq Ft
Source: Cortland County 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 $1,680 $44,500 $4,000 $40,500
2023 $1,675 $44,500 $4,000 $40,500
2022 $1,700 $44,500 $4,000 $40,500
2021 $1,749 $44,500 $4,000 $40,500
2020 $1,761 $44,500 $4,000 $40,500
2019 $668 $44,500 $4,000 $40,500
2018 $2,400 $44,500 $4,000 $40,500
2017 $1,804 $44,500 $4,000 $40,500
2016 $1,090 $44,500 $4,000 $40,500
2015 -- $44,500 $4,000 $40,500
2014 -- $44,500 $4,000 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1330667

Cortland County Board of REALTORS®

APN: 041200-094-063-0004-035-000-0000