NOT LISTED FOR SALE

131 S 2nd St Olean, NY 14760

Estimated Value: $95,033 - $121,000

4 Beds
2.5 Baths
2,040 Sq Ft
$52/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $85,000 $42 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $696/month

68 Days on Market

Highlights

  • Old Style Architecture
  • Den
  • Porch
  • Full Attic
  • Breakfast Room
  • Forced Air Cooling System

About This Home

As of October 2021

This beautifully updated 4 bedroom 2 .5 bath old style home that so many unique qualities to it. From the
gorgeous oak staircase in the foyer to the glass knobs on several of the doors to the built in china cabinet in the dining room. Spacious living room with pocket doors and 9 ft ceilings that could be divided into two separate areas. Gorgeous remodeled kitchen with soft closing cabinets, breakfast bar for extra seating, pantry, and lot of counter space and outlets galore. Off the kitchen is a naturally lit den or office space that is hardwired for internet. 1/2 bath downstairs too for added convenience. Whatever staircase you choose to get up to the second floor you will find 3 large bedrooms with a full bath and a Master bedroom suite with laundry and separate shower and tub for added convenience. Walk up attic that could be a separate added space. Large storage area that could be another bathroom with a bedroom in back. Oh the possibilities this home has to offer. Off street parking with 3 spaces is an added bonus. Also close to shopping and restaurants. If you like the feel of the old homes this one is definitely one to look at.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 05/11/2021

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,803

Year Built

  • Built in 1896

Lot Details

  • 4,480 Sq Ft Lot
  • Lot Dimensions are 140 x 32

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Metal Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • 3 Car Garage
  • No Garage

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 041200-094-065-0009-025-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,803

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 51300
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 32
  • Lot Information: Neighborhood Street
  • Lot Number: 25
  • Nearest Cross Street: Henley
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 826848.25
  • Ratio Close Price By Sq Ft: 41.67
  • Ratio List Price By Acres: 874513.62
  • Ratio List Price By Sq Ft: 44.07
  • Regional Board Code: Rochester
  • Roof Description: Metal
  • School Tax: 1357
  • Styles of Residence: Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4480
  • Age of Building: 126
  • Year Built: 1896
  • Above Grade Finished Sq Ft: 2040
  • Directions To Property: West State to S 2nd
  • Sq Ft Total Pub: 2040
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1896

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Den/Study, Foyer/Entry Hall, Laundry-2nd Floor, Living Room, Master Bedroom Bath, Porch - Open
  • Attic Description: Full, Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Breakfast Room, Formal Dining Room, Pantry
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • Total Sq Ft: 2040

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1028

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage
  • Number of Garage Spaces: 3.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-065-0009-025-000-0000

Tax Info

  • Total Taxes: 2803

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2005
Sold by
Atkins Dorothy
Bought by
Davis Fred
Total Days on Market
68
Current Estimated Value
$106,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Davis Fred $48,000 Daniel A. Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowe Cassandra M $80,750
Closed Davis Fred T $30,000
Closed Davis Fred $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $85,000 -5.5% $42 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $89,900 0.0% $44 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $89,900 -- $44 / 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 $3,257 $51,300 $3,000 $48,300
2023 $1,931 $51,300 $3,000 $48,300
2022 $1,959 $51,300 $3,000 $48,300
2021 $2,016 $51,300 $3,000 $48,300
2020 $1,389 $51,300 $3,000 $48,300
2019 $770 $51,300 $3,000 $48,300
2018 $2,126 $51,300 $3,000 $48,300
2017 $1,403 $51,300 $3,000 $48,300
2016 $1,363 $51,300 $3,000 $48,300
2015 -- $51,300 $3,000 $48,300
2014 -- $51,300 $3,000 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1335170

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-065-0009-025-000-0000