$12,000
SOLD OCT 30, 2014

1343 Steam Valley Rd Olean, NY 14760

12 Acres
$1,000 Price per Acre
522,720 Sq Ft Lot

Recently Sold

$6 Per Sq Ft

59% Below List Price

959 Days on Market

Highlights

  • Scenic Views
  • 12 Acre Lot
  • Wooded Lot

About This Lot

As of August 2017

Great building lot of over 12 acres just outside the city. This lot has a wonderful view and is partially wooded.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 05/20/2011

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 05/20/2011

Howard Hanna Professionals - Olean

Property Details

Property Type

  • Land

Lot Details

  • 12 Acre Lot
  • Lot Dimensions are 402 x 1,815
  • Property fronts a county road
  • Rural Setting
  • Irregular Lot
  • Sloped Lot
  • Wooded Lot

Property Views

  • Scenic Vista Views

Schools

  • Boardmanville Elementary School
  • Olean Middle School
  • Olean Senior High School

Listing and Financial Details

  • Assessor Parcel Number 103.002-3-6.1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Topography: Scenic, Slight Slope
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 22000
  • Development Status: Raw Land
  • Land Features: Scenic View, Wooded
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 402
  • Lot Dimension Front: 1815
  • Lot Information: Residential, Rural
  • Lot Shape: Irregular
  • L P Per Acre: 1658.3333
  • Nearest Cross Street: East River Road
  • Possible Uses: Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 1000.00
  • Ratio List Price By Acres: 1658.33
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 663
  • Sale Price List Price: 0.6030
  • S P Per Acre: 1000.0000
  • Sub Board Code: Buffalo
  • Type: Building Lot
  • Type of Sale: Normal
  • Value Range Search Low Price: 19900.00
  • Directions To Property: Turn off East River Road onto Steam Valley Road. Lot is approximately 1/2 mile on right.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County
  • Number of Acres: 12.0000

Schools

  • School District: Olean
  • Elementary School: Boardmanville Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 103.002-3-6.1

Tax Info

  • Total Taxes: 1126

MLS Schools

  • Elementary School Name: Boardmanville 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
Jun 8, 2017
Closed on
Aug 10, 2017
Sold by
Fratarcangelo Paul
Bought by
Kielar Stephen P
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$182,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,144
Avg. Annual Appreciation
2.47%
Original Mortgage
$140,999
Outstanding Balance
$118,773
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$45,293

Purchase Details

Closed on
Sep 14, 2007
Sold by
Gleason James
Bought by
Fratarcangelo Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Gregory Shemeld
Deed $81,500 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,999 FHA
Previous Owner $13,000 Unknown
Previous Owner $29,250 Unknown
Previous Owner $79,000 Purchase Money Mortgage
Previous Owner $47,248 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $135,000 -3.5% $63 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $139,900 +1065.8% $65 / Sq Ft
10/30/2014 10/30/14 Sold $12,000 -58.6% $6 / Sq Ft
01/03/2014 01/03/14 Pending -- -- --
05/20/2011 05/20/11 For Sale $29,000 -- $14 / 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 $3,252 $51,400 $9,000 $42,400
2023 $3,085 $51,400 $9,000 $42,400
2022 $3,033 $51,400 $9,000 $42,400
2021 $2,951 $51,400 $9,000 $42,400
2020 $2,979 $51,400 $9,000 $42,400
2019 $911 $51,400 $9,000 $42,400
2018 $2,979 $51,400 $9,000 $42,400
2017 $2,049 $51,400 $9,000 $42,400
2016 $2,071 $51,400 $9,000 $42,400
2015 -- $51,400 $9,000 $42,400
2014 -- $51,400 $400 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B386161

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-103-002-0003-006-003-0000