NOT LISTED FOR SALE

1505 W Henley St Olean, NY 14760

Estimated Value: $66,000 - $99,000

2 Beds
1 Bath
1,740 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $28,000 $16 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $518/month

95 Days on Market

Highlights

  • Partial Attic
  • Porch
  • Forced Air Cooling System
  • 2 Car Detached Garage

About This Home

As of June 2017

This home is located at 1505 W Henley St, Olean, NY 14760 since 11 November 2016 and is currently estimated at $86,248, approximately $49 per square foot. This property was built in 1925. 1505 W Henley 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

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 11/11/2016

Last Buyer's Agent

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 11/11/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 4,487

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Partial Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 150 x 30

Listing and Financial Details

  • Assessor Parcel Number 94.071-1-15

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 57000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: 14th Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Sq Ft: 16.09
  • Ratio List Price By Sq Ft: 20.11
  • Regional Board Code: Buffalo
  • School Tax: 1489
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: 14th street south to West Henley make a right property 3rd house on left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Porch - Open
  • Attic Description: Partial
  • Basement Description: Partial
  • Number of Bedrooms 2nd Floor: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1740

Exterior Features

  • Construction: Aluminum/Steel

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 94.071-1-15

Tax Info

  • Total Taxes: 3089

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
Elliot Rentals Llc
Bought by
Lloyd Steven R
Current Estimated Value
$86,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$66,506
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$19,742

Purchase Details

Listed on
Nov 11, 2016
Closed on
May 26, 2017
Sold by
Milburn A. Cunningham-Life Use
Bought by
Elliott Rentals Llc
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%
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
Lloyd Steven R $70,000 None Available
Elliott Rentals Llc -- Brian Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Steven R $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $28,000 -20.0% $16 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
11/11/2016 11/11/16 For Sale $35,000 -- $20 / 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 $774 $45,000 $4,100 $40,900
2023 $1,385 $45,000 $4,100 $40,900
2022 $1,719 $45,000 $4,100 $40,900
2021 $1,768 $45,000 $4,100 $40,900
2020 $5,075 $45,000 $4,100 $40,900
2019 $1,783 $45,000 $4,100 $40,900
2018 $4,826 $45,000 $4,100 $40,900
2017 $3,947 $57,000 $4,100 $52,900
2016 $3,910 $57,000 $4,100 $52,900
2015 -- $57,000 $4,100 $52,900
2014 -- $57,000 $4,100 $52,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Thomas Butler

    Southern Tier Realty Co. Inc.

    (716) 378-7141

    27 in this area

    45 Total Sales

    Thomas Butler
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Map

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

MLS Number: B1013079

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-071-0001-015-000-0000

New York Cattaraugus County Olean 14760

1505 W Henley St, Olean, NY

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