NOT LISTED FOR SALE

1391 Olean Portville Rd Olean, NY 14760

Estimated Value: $88,000 - $217,000

3 Beds
3 Baths
2,546 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $118,000 $46 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,127/month

76 Days on Market

Highlights

  • 3.41 Acre Lot
  • Deck
  • Partial Attic
  • Portville Elementary School Rated A-
  • Wooded Lot
  • Sun or Florida Room

About This Home

As of November 2018

PRICE REDUCED - Portville School District - Check out this charming 3-4 bedroom 3 full bath home with very large living room, dining room, kitchen, and laundry room - OH and the separate office/bedroom with enclosed porch. Full basement with overhead door and plenty of room for storage or additional living space. Completely redone over the last several years. Stamped concrete drive with 1 car garage. This property is a MUST see to appreciate.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 02/13/2018

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 02/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1948

Lot Details

  • 3.41 Acre Lot
  • Lot Dimensions are 640 x 243
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,546 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Partial Attic
  • Country Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 047489-104-005-0002-006-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,388

Year Built

Built in 1948

Lot Details

0

Listing Details

  • NY Swis Code: Portville-047489
  • Total Assessed Value: 57800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 640
  • Lot Dimension Front: 243
  • Lot Information: Primary Road, Wooded Lot
  • Lot Number: 6
  • Nearest Cross Street: Mill Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 34604.11
  • Ratio Close Price By Sq Ft: 46.35
  • Ratio List Price By Acres: 36627.57
  • Ratio List Price By Sq Ft: 49.06
  • Regional Board Code: Rochester
  • School Tax: 1375
  • Styles of Residence: Bungalow
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 148540
  • Age of Building: 74
  • Year Built: 1948
  • Directions To Property: Route 417 - just west of Ashley Furniture Home Store
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Ceiling Fan, Copper Plumbing - Some, Water Softener - Owned
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Suite, Basement / Rec Room, Den/Study, Florida/Sun Room- Unheated, Laundry-1st Floor, Living Room, Master Bedroom Bath
  • Attic Description: Partial
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Ceramic-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Country Kitchen, Formal Dining Room
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2546

Exterior Features

  • Construction: Concrete Block, Stone, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 3.4100

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached, Under House
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 047489-104-005-0002-006-000-0000

Tax Info

  • Total Taxes: 2388

MLS Schools

  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Nov 28, 2018
Sold by
Smith Rene J
Bought by
Bean Douglas L
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$139,900
Sold Price
$118,000
Premium/Discount to List
-$21,900
-15.65%
Current Estimated Value
$175,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,109
Avg. Annual Appreciation
5.82%
Original Mortgage
$128,282
Outstanding Balance
$112,022
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$63,087

Purchase Details

Closed on
Jul 20, 2018
Sold by
Smith Rene J
Bought by
Bean Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,282
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2013
Sold by
Smith Timothy J
Bought by
Smith Rene J

Purchase Details

Closed on
Nov 9, 2007
Sold by
Fichtner Enterprises Inc
Bought by
Smith Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,125
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Luce Martha- Lloyd H
Bought by
Fichtner Enterprises Inc
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 Buyer Sale Price Title Company
Bean Douglas L $125,080 None Available
Bean Douglas L $125,080 None Available
Bean Douglas L -- --
Smith Rene J -- Daniel R. Palumbo
Smith Timothy $47,500 Daniel R Palumbo
Fichtner Enterprises Inc $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bean Douglas L $128,282
Closed Bean Douglas L $128,282
Previous Owner Bean Douglas L $128,282
Previous Owner Smith Timothy $45,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $118,000 -5.5% $46 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $124,900 -3.8% $49 / Sq Ft
03/06/2018 03/06/18 Price Changed $129,900 -7.1% $51 / Sq Ft
02/13/2018 02/13/18 For Sale $139,900 -- $55 / 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 $2,451 $57,800 $12,500 $45,300
2023 $2,438 $57,800 $12,500 $45,300
2022 $2,336 $57,800 $12,500 $45,300
2021 $2,385 $57,800 $12,500 $45,300
2020 $2,396 $57,800 $12,500 $45,300
2019 $654 $57,800 $12,500 $45,300
2018 $2,521 $57,800 $12,500 $45,300
2017 $2,439 $57,800 $12,500 $45,300
2016 $2,364 $57,800 $12,500 $45,300
2015 -- $57,800 $12,500 $45,300
2014 -- $57,800 $12,500 $45,300
Source: Public Records

Agents Affiliated with this Home

  • Ken Bailey

    Seller's Agent in 2018

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    17 in this area

    145 Total Sales

    Ken Bailey
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1099062

Chautauqua-Cattaraugus Board of REALTORS®

APN: 047489-104-005-0002-006-000-0000

New York Cattaraugus County Olean 14760

1391 Olean Portville Rd, Olean, NY

Not Listed for Sale

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