NOT LISTED FOR SALE

1507 Main St Olean, NY 14760

Estimated Value: $212,170 - $268,000

3 Beds
2 Baths
2,232 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $134,000 $60 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,771/month

76 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Eat-In Kitchen
  • Cathedral Ceiling
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of October 2014

This home is located at 1507 Main St, Olean, NY 14760 since 05 June 2014 and is currently estimated at $242,043, approximately $108 per square foot. This property was built in 1953. 1507 Main St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 06/05/2014

Howard Hanna Professionals - Olean

Last Buyer's Agent

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 150 x 50
  • Rectangular Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,232 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Partial Basement
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-034-0004-066-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Age: 61
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 155000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 911176.4700
  • List Price per Sq Ft: 69.3996
  • Nearest Cross Street: Baldwin
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 788235.29
  • Ratio Close Price By Sq Ft: 60.04
  • Ratio List Price By Acres: 911176.47
  • Ratio List Price By Sq Ft: 69.40
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 3823
  • Sale Price List Price: 0.8650
  • S P Per Acre: 788235.2900
  • S P Per Sq Ft: 60.0400
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 154900.00
  • Year Built Description: Existing
  • Age of Building: 69
  • Year Built: 1953
  • Directions To Property: At the end on Main Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: 1st Floor Master Bedroom, Laundry-1st Floor, Master Bedroom Bath
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 6
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2232

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.1700

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-034-0004-066-000-0000

Tax Info

  • Total Taxes: 8012

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2019
Sold by
Forest Lake Trust
Bought by
Labella Anthony P
Current Estimated Value
$242,043

Purchase Details

Closed on
Mar 26, 2019
Sold by
Forest Lake Trust
Bought by
Labella Anthony P

Purchase Details

Closed on
Feb 25, 2019
Sold by
Forest Lake 2016 T
Bought by
Labella Anthony P and Labella Kimberly

Purchase Details

Closed on
Aug 20, 2016
Sold by
Labella Anthony P
Bought by
Anthony Anthony P and Anthony Labella

Purchase Details

Listed on
Jun 5, 2014
Closed on
Oct 16, 2014
Sold by
Ladd Gwendolyn
Bought by
Labella Anthony
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$154,900
Sold Price
$134,000
Premium/Discount to List
-$20,900
-13.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$10,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2006
Sold by
Craft Jamie
Bought by
Gwendolyn Ladd

Purchase Details

Closed on
Jun 6, 2005
Sold by
Dwaileebe John
Bought by
Craft Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Labella Anthony P -- None Available
Labella Anthony P -- None Available
Labella Anthony P -- --
Anthony Anthony P -- Jeffrey P. Reisner
Labella Anthony $132,000 Nicholas A. Jr. Dicerbo
Gwendolyn Ladd $124,000 Daniel Palumbo
Craft Jamie $118,000 Jay Carr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labella Anthony P $80,000
Previous Owner Labella Anthony $10,500
Previous Owner Ladd Gwendolyn $38,000
Previous Owner Ladd Gwendolyn $25,000
Previous Owner Ladd Gwendolyn $65,000
Previous Owner Ladd Gwendolyn $72,000
Previous Owner Craft Jamie $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $134,000 -13.5% $60 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $154,900 -- $69 / 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 $5,059 $134,000 $13,800 $120,200
2023 $5,045 $134,000 $13,800 $120,200
2022 $5,118 $134,000 $13,800 $120,200
2021 $5,266 $134,000 $13,800 $120,200
2020 $4,661 $134,000 $13,800 $120,200
2019 $2,011 $134,000 $13,800 $120,200
2018 $6,587 $134,000 $13,800 $120,200
2017 $4,755 $134,000 $13,800 $120,200
2016 $4,678 $134,000 $13,800 $120,200
2015 -- $134,000 $13,800 $120,200
2014 -- $155,000 $13,800 $141,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B453521

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-034-0004-066-000-0000