NOT LISTED FOR SALE

1507 River St Olean, NY 14760

Estimated Value: $73,000 - $94,000

2 Beds
1 Bath
1,488 Sq Ft
$55/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $69,000 $46 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $548/month

25 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Formal Dining Room
  • Open Patio
  • Carpet

About This Home

As of January 2024

Welcome to this charming 2 bedroom, 1 bathroom house located on a peaceful street in North Olean. This property offers a comfortable and convenient living space. Situated on a quiet street in North Olean, this house provides a serene and tranquil environment, away from the hustle and bustle of the city. Enjoy the peace and quiet while still being within reach of essential amenities. This house features two well-appointed bedrooms, providing ample space for relaxation and privacy. Each bedroom is designed to offer comfort and tranquility, ensuring a good night's sleep. The property includes a well-maintained bathroom, equipped with essential fixtures and fittings. Start your day refreshed and rejuvenated in this clean and functional space. Convenience is key, and this house offers the added benefit of a first-floor laundry area. No more hauling laundry up and down stairs – enjoy the ease and efficiency of having laundry facilities on the same level. Step outside onto the back deck and embrace the outdoors. Whether you want to enjoy a morning coffee or host a small gathering, this private deck provides the perfect space for relaxation and entertainment.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 10/14/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Daniel Terhune

Listing by Century 21 Turner Brokers License #10301217717

Century 21 Turner Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1900

Lot Details

  • 4,848 Sq Ft Lot
  • Lot Dimensions are 32x151

Home Design

  • Block Foundation
  • Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 041200-094-033-0001-020-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,352

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • Attribution Contact: 716-307-9256
  • ResoLaundryFeatures: Main Level
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: N Union to Forest Ave, take that all the way to river st
  • Architectural Style: Two Story
  • Flooring: Carpet, Varies
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1113
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Deck, Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-033-0001-020-000-0000
  • Lot Dimensions: 32X151
  • Lot Size Sq Ft: 4848.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2352.0
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Jan 29, 2024
Sold by
Sage Timothy J
Bought by
Pavlock Aaron E and Pavlock Jennifer E
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Daniel Terhune
Century 21 Turner Brokers
List Price
$69,900
Sold Price
$69,000
Premium/Discount to List
-$900
-1.29%
Views
96
Current Estimated Value
$87,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,694
Avg. Annual Appreciation
9.16%
Original Mortgage
$60,000
Outstanding Balance
$59,005
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$22,643

Purchase Details

Closed on
Dec 18, 2019
Sold by
Taylor Faith A
Bought by
Sage Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 17, 2019
Sold by
Taylor Faith A
Bought by
Sage Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2014
Sold by
Sage Matthew J
Bought by
Taylor Faith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
County Of Cattaraugus
Bought by
Sage Matthew

Purchase Details

Closed on
Mar 3, 2008
Sold by
Sage Matthew
Bought by
County Of Cattaraugus
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
Pavlock Aaron E $69,000 None Available
Sage Timothy J -- None Available
Sage Timothy J -- None Available
Sage Timothy J $50,000 None Available
Sage Timothy J $50,000 None Available
Taylor Faith A $45,000 Eric Firkel
Taylor Faith A $45,000 Eric Firkel
Sage Matthew $4,800 --
Sage Matthew $4,800 --
County Of Cattaraugus -- --
County Of Cattaraugus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavlock Aaron E $60,000
Previous Owner Sage Timothy J $50,000
Previous Owner Sage Timothy J $50,000
Previous Owner Taylor Faith A $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $69,000 -1.3% $46 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/14/2023 10/14/23 For Sale $69,900 -- $47 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,750 $43,500 $3,100 $40,400
2023 $1,638 $43,500 $3,100 $40,400
2022 $1,661 $43,500 $3,100 $40,400
2021 $1,709 $43,500 $3,100 $40,400
2020 $2,970 $43,500 $3,100 $40,400
2019 $653 $43,500 $3,100 $40,400
2018 $1,705 $43,500 $3,100 $40,400
2017 $1,087 $43,500 $3,100 $40,400
2016 $1,050 $43,500 $3,100 $40,400
2015 -- $43,500 $3,100 $40,400
2014 -- $43,500 $3,100 $40,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1504352

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-033-0001-020-000-0000