NOT LISTED FOR SALE

1431 Chestnut St Olean, NY 14760

Estimated Value: $80,000 - $140,598

3 Beds
1 Bath
1,260 Sq Ft
$91/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $37,000 $29 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $835/month

179 Days on Market

Highlights

  • Full Attic
  • 1 Fireplace
  • Eat-In Kitchen
  • Portville Elementary School Rated A-
  • 1 Car Attached Garage
  • Rectangular Lot

About This Home

As of January 2016

WESTONS MILLS. BANK OWNED. 3 BEDROOM RANCH ON A NO THROUGH STREET. $45,900. LETS TALK. MLS#B475385.

Last Agent to Sell the Property

Thomas Fenner

Listing by No Office Affiliation License #10301210676 Listed on: 05/21/2015

Last Buyer's Agent

Thomas Fenner

Listing by No Office Affiliation License #10301210676 Listed on: 05/21/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 175 x 155
  • Rectangular Lot

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Flood Zone Lot

Utilities

  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 047489-104-005-0002-055-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Age: 61
  • NY Swis Code: Portville-047489
  • Total Assessed Value: 65400
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 175
  • Lot Dimension Front: 155
  • Lot Information: Flood Zone, Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 74032.2600
  • List Price per Sq Ft: 36.4285
  • Nearest Cross Street: MILL ST
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 59677.42
  • Ratio Close Price By Sq Ft: 29.37
  • Ratio List Price By Acres: 74032.26
  • Ratio List Price By Sq Ft: 36.43
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1497
  • Sale Price List Price: 0.8061
  • S P Per Acre: 59677.4200
  • S P Per Sq Ft: 29.3700
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 45900.00
  • Year Built Description: Existing
  • Age of Building: 68
  • Year Built: 1954
  • Directions To Property: RT 417 TO WESTONS MILLS TO MILL ST TO CHESTNUT ST.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Full Bathrooms: 1
  • Attic Description: Full
  • Basement Description: Slab
  • Floor Description: Laminate-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1260

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.6200

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

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

Lot Info

  • Parcel Number: 047489-104-005-0002-055-000-0000

Tax Info

  • Total Taxes: 2600

MLS Schools

  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Bennett Charles R and Bennett Diane M
Bought by
Crum David M and Brockel Kathryn E
Current Estimated Value
$115,127

Purchase Details

Listed on
May 21, 2015
Closed on
Dec 18, 2015
Sold by
Five Star Bank
Bought by
Bennett Charles R and Bennett B
Seller's Agent
Thomas Fenner
No Office Affiliation
Buyer's Agent
Thomas Fenner
No Office Affiliation
List Price
$69,900
Sold Price
$37,000
Premium/Discount to List
-$32,900
-47.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%

Purchase Details

Closed on
Apr 2, 2015
Sold by
Kelly Colleen
Bought by
Five Star Bank

Purchase Details

Closed on
Sep 24, 2010
Sold by
Latten Anne
Bought by
Kelly Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2001
Sold by
Smith Ina E
Bought by
Butterbaugh Anne T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crum David M $30,000 None Available
Bennett Charles R $37,000 Gregory Shemeld
Bennett Charles R $37,000 Gregory Shemeld
Five Star Bank $59,671 John Mcandrew
Five Star Bank $59,671 John Mcandrew
Kelly Colleen $69,000 Daniel A Derose
Kelly Colleen $69,000 Daniel A Derose
Butterbaugh Anne T $49,000 Carol Flaherty
Butterbaugh Anne T $49,000 Carol Flaherty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Colleen $55,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $37,000 -47.1% $29 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $69,900 -- $55 / 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 $2,808 $65,400 $11,000 $54,400
2023 $2,759 $65,400 $11,000 $54,400
2022 $2,643 $65,400 $11,000 $54,400
2021 $2,699 $65,400 $11,000 $54,400
2020 $2,711 $65,400 $11,000 $54,400
2019 $1,508 $65,400 $11,000 $54,400
2018 $2,743 $65,400 $11,000 $54,400
2017 $2,702 $65,400 $11,000 $54,400
2016 $2,635 $65,400 $11,000 $54,400
2015 -- $65,400 $11,000 $54,400
2014 -- $65,400 $11,000 $54,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Fenner

    No Office Affiliation

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Map

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

MLS Number: B475385

Western New York Real Estate Information Services (WNYREIS)

APN: 047489-104-005-0002-055-000-0000

New York Cattaraugus County Olean 14760

1431 Chestnut St, Olean, NY

Not Listed for Sale

Detached

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