NOT LISTED FOR SALE

1428 Penn Ave Olean, NY 14760

Estimated Value: $114,000 - $133,000

4 Beds
2 Baths
2,465 Sq Ft
$50/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $50,000 $20 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $761/month

112 Days on Market

Highlights

  • Cape Cod Architecture
  • Heated Sun or Florida Room
  • 2 Car Detached Garage
  • Portville Elementary School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of August 2014

This Weston Mills home is situated on a dead end road. It has four bedrooms and two full bathrooms. It has a large partially wooded yard on almost 3/4 of an acre. The home has a sun room and two additional rooms that have multiple uses including a home/office. Call now for a private showing.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 02/21/2014

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 02/21/2014

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 201 x 97
  • Irregular Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 2,465 Sq Ft Home
  • 1.7-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Location

  • Flood Zone Lot

Schools

  • Portville Elementary School
  • Portville Junior-Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 047489-104-005-0001-010-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Age: 59
  • NY Swis Code: Portville-047489
  • Total Assessed Value: 93800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 201
  • Lot Dimension Front: 97
  • Lot Information: Flood Zone
  • Lot Shape: Irregular
  • L P Per Acre: 101304.3500
  • List Price per Sq Ft: 28.3569
  • Nearest Cross Street: Route 417
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 72463.77
  • Ratio Close Price By Sq Ft: 20.28
  • Ratio List Price By Acres: 101304.35
  • Ratio List Price By Sq Ft: 28.36
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2142
  • Sale Price List Price: 0.7153
  • S P Per Acre: 72463.7700
  • S P Per Sq Ft: 20.2800
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 67
  • Year Built: 1955
  • Directions To Property: Turn off Route 417 onto Penn Avenue. The home is on the right at the end of the road.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Florida/Sun Room- Heated, Laundry-1st Floor, Studio
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric, Range Hood-Exhaust Fan
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 10
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2465

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.6900

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Lot Info

  • Parcel Number: 047489-104-005-0001-010-000-0000

Tax Info

  • Total Taxes: 3796

MLS Schools

  • Elementary School Name: Portville Elementary
  • High School Name: Portville Junior-Senior High
  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Kinnaird Donald L and Kinnaird Andrea I
Bought by
Brown Francis D and Brown Maria T
Current Estimated Value
$124,043

Purchase Details

Listed on
Feb 21, 2014
Closed on
Aug 25, 2014
Sold by
Baker Edward E
Bought by
Kinnaird Donald L
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$39,000
Interest Rate
4.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2006
Sold by
Driscoll Diane
Bought by
Miller Gloria

Purchase Details

Closed on
Aug 22, 2005
Sold by
Sokolowski Estate John
Bought by
Driscoll Daniel

Purchase Details

Closed on
Oct 18, 1999
Sold by
Baker Edward E
Bought by
Krotz Jeffrey
Source: Public Records

Range of Values:

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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
Brown Francis D $115,000 None Available
Kinnaird Donald L $50,000 Daniel Palumbo
Kinnaird Donald L $50,000 Daniel Palumbo
Miller Gloria -- J. Michael Shane
Driscoll Daniel $12,000 Nicholas A. Dicerbo
Krotz Jeffrey $7,500 J Michael Shane
Krotz Jeffrey $7,500 J Michael Shane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinnaird Donald L $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $50,000 -37.4% $20 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $79,900 -- $32 / 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 $1,349 $60,000 $8,500 $51,500
2023 $1,876 $60,000 $8,500 $51,500
2022 $1,817 $60,000 $8,500 $51,500
2021 $2,476 $60,000 $8,500 $51,500
2020 $1,160 $60,000 $8,500 $51,500
2019 $705 $60,000 $8,500 $51,500
2018 $1,129 $60,000 $8,500 $51,500
2017 $1,087 $60,000 $8,500 $51,500
2016 $1,058 $60,000 $8,500 $51,500
2015 -- $93,800 $8,500 $85,300
2014 -- $93,800 $8,500 $85,300
Source: Public Records

Agents Affiliated with this Home

  • Dennis Pezzimenti

    Seller's Agent in 2014

    Dennis Pezzimenti

    Howard Hanna

    (716) 378-8989

    1 in this area

    53 Total Sales

    Dennis Pezzimenti
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Map

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

MLS Number: B446068

Western New York Real Estate Information Services (WNYREIS)

APN: 047489-104-005-0001-010-000-0000

New York Cattaraugus County Olean 14760

1428 Penn Ave, Olean, NY

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