NOT LISTED FOR SALE

1508 Stardust Ln Olean, NY 14760

Estimated Value: $317,000 - $418,000

5 Beds
4.5 Baths
3,340 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $225,000 $67 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,822/month

308 Days on Market

Highlights

  • Second Garage
  • Wood Flooring
  • Granite Countertops
  • Contemporary Architecture
  • 2 Fireplaces
  • Eat-In Kitchen

About This Home

As of March 2020

Fantastic executive home for sale in one of the most desired neighborhoods in Olean. This 5 bedroom contemporary home is perfect for all your entertaining needs. This home has high quality craftsmanship throughout. Home boast 5 bedrooms and 4.5 baths, outstanding gourmet kitchen complete with prep and wash sinks, large island with granite counter tops. Large living room with fireplace with large windows to let in all natural light. This home has 3040 square ft of living space, with large entertaining space in the basement complete with kitchenette, theater room and pool room plus a convenient bathroom in the basement. Plenty of storage space in this home with cedar lined closets and many more storage areas. Gorgeous outdoor patio awaits your summer barbecues. A must see home.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003 Listed on: 04/08/2019

Howard Hanna Professionals - Olean

Last Buyer's Agent

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 234 x 259

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Brick Frame

Interior Spaces

  • 3,340 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Garage
  • Second Garage
  • Heated Garage

Utilities

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

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 041200-094-034-0007-044-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 246000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 234
  • Lot Dimension Front: 259
  • Lot Information: Neighborhood Street
  • Lot Number: 44
  • Nearest Cross Street: Gemini
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 166666.67
  • Ratio Close Price By Sq Ft: 67.37
  • Ratio List Price By Acres: 191851.85
  • Ratio List Price By Sq Ft: 77.54
  • Regional Board Code: Rochester
  • School Tax: 6472
  • Styles of Residence: Contemporary
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 58806
  • Age of Building: 52
  • Garage Amenities: Heated
  • Year Built: 1970
  • Directions To Property: Take a right off of Main Street onto Madison Ave turn left on Highland leads into Stardust home on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Full Bathrooms: 4
  • Additional Rooms: 1st Floor Master Bedroom, Basement / Rec Room, Foyer/Entry Hall, Laundry-1st Floor, Living Room, Master Bedroom Bath
  • Basement Description: Finished, Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Built-In, Refrigerator
  • Kitchen Dining Description: Eat-In, Granite Counter, Island
  • Number of Bedrooms 1st Floor: 5
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Number of 1st Floor Full Bathrooms: 3
  • Number of Full Bathrooms in the Basement: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 4.10
  • Total Bedrooms: 5
  • Total Sq Ft: 3340

Exterior Features

  • Construction: Brick and Frame
  • Number of Acres: 1.3500

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: 2nd Garage
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-034-0007-044-000-0000

Tax Info

  • Total Taxes: 13386

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Mar 10, 2020
Sold by
Powers Christopher
Bought by
Raza Shafi
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$329,000
Sold Price
$225,000
Premium/Discount to List
-$104,000
-31.61%
Current Estimated Value
$379,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,532
Avg. Annual Appreciation
10.41%
Original Mortgage
$112,500
Interest Rate
4.15%
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
Raza Shafi $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raza Shafi $16,500
Open Raza Shafi $264,000
Closed Raza Shafi $112,500
Previous Owner Powers Christopher M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $225,000 -13.1% $67 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
10/02/2019 10/02/19 Price Changed $259,000 -10.7% $78 / Sq Ft
06/27/2019 06/27/19 Price Changed $290,000 -11.9% $87 / Sq Ft
04/08/2019 04/08/19 For Sale $329,000 -- $99 / 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 $8,495 $225,000 $52,400 $172,600
2023 $8,471 $225,000 $52,400 $172,600
2022 $8,593 $225,000 $52,400 $172,600
2021 $8,841 $225,000 $52,400 $172,600
2020 $9,734 $246,000 $52,400 $193,600
2019 $6,425 $246,000 $52,400 $193,600
2018 $20,235 $246,000 $52,400 $193,600
2017 $15,019 $246,000 $52,400 $193,600
2016 $16,874 $246,000 $52,400 $193,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1184150

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200 94.034-7-44 01