NOT LISTED FOR SALE

1501 Washington St Olean, NY 14760

Estimated Value: $87,000 - $128,000

4 Beds
1 Bath
1,820 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $85,000 $47 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $682/month

29 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Attached Garage
  • 2-minute walk to Marcus Park & Playfields

About This Home

As of August 2024

This home is located at 1501 Washington St, Olean, NY 14760 since 07 May 2024 and is currently estimated at $108,167, approximately $59 per square foot. This property was built in 1930. 1501 Washington St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-3953 License #40DW0994003 Listed on: 05/07/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Holly Whitcomb

Listing by Howard Hanna Professionals - Ellicottville License #10401356011

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1930

Lot Details

  • 3,050 Sq Ft Lot
  • Lot Dimensions are 50x61
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 041200-094-063-0006-004-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1930
  • Attribution Contact: 716-378-3953
  • ResoLaundryFeatures: Main Level
  • Lot Features: Corner Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Going down Washington Street home is on the left.
  • Architectural Style: Two Story
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Eat-in Kitchen
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free-Standing Range, Gas Water Heater, Oven, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-063-0006-004-000-0000
  • Lot Dimensions: 50X61
  • Lot Size Sq Ft: 3050.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3278.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 8, 2024
Sold by
Warshal Tyler R and Warshal Christina M
Bought by
Holmes Theresa
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
Holly Whitcomb
Howard Hanna Professionals - Ellicottville
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Views
65
Current Estimated Value
$108,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,167
Avg. Annual Appreciation
17.82%
Original Mortgage
$67,000
Outstanding Balance
$66,240
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,927

Purchase Details

Listed on
Mar 29, 2018
Closed on
Sep 21, 2018
Sold by
Augostini David
Bought by
Warshal Tyler R
Seller's Agent
Thomas Pietras
RE/MAX On Point
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$75,000
Sold Price
$63,000
Premium/Discount to List
-$12,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$70,707
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 29, 2018
Closed on
Sep 20, 2018
Sold by
Augostini David
Bought by
Warshal Tyler R
Seller's Agent
Thomas Pietras
RE/MAX On Point
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$75,000
Sold Price
$63,000
Premium/Discount to List
-$12,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,707
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 29, 2018
Closed on
Sep 18, 2018
Sold by
Augostini David M and Augostini Debra L
Bought by
Warshal Tyler R and Gross Christina M
Seller's Agent
Thomas Pietras
RE/MAX On Point
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$75,000
Sold Price
$63,000
Premium/Discount to List
-$12,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,707
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Holmes Theresa $85,000 None Available
Warshal Tyler R $63,000 None Available
Warshal Tyler R $63,000 None Available
Warshal Tyler R -- --
Warshal Tyler R -- --
Warshal Tyler R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Theresa $67,000
Previous Owner Warshal Tyler R $70,707
Previous Owner Warshal Tyler R $70,707
Previous Owner Warshal Tyler R $70,707
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $85,000 -4.5% $47 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $89,000 +41.3% $49 / Sq Ft
09/21/2018 09/21/18 Sold $63,000 -7.4% $35 / Sq Ft View Prior Sale
07/30/2018 07/30/18 Pending -- -- --
06/10/2018 06/10/18 Price Changed $68,000 -9.3% $37 / Sq Ft
03/29/2018 03/29/18 For Sale $75,000 -- $41 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,857 $61,000 $1,600 $59,400
2023 $2,297 $61,000 $1,600 $59,400
2022 $2,330 $61,000 $1,600 $59,400
2021 $2,397 $61,000 $1,600 $59,400
2020 $2,414 $61,000 $1,600 $59,400
2019 $916 $61,000 $1,600 $59,400
2018 $2,649 $61,000 $1,600 $59,400
2017 $1,796 $61,000 $1,600 $59,400
2016 $1,752 $61,000 $1,600 $59,400
2015 -- $61,000 $1,600 $59,400
2014 -- $61,000 $1,600 $59,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1536489

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-063-0006-004-000-0000