NOT LISTED FOR SALE

1518 Windfall Rd Olean, NY 14760

Estimated Value: $324,000 - $384,000

4 Beds
3.5 Baths
1,932 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $250,000 $129 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,723/month

12 Days on Market

Highlights

  • 4.35 Acre Lot
  • Contemporary Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of April 2021

Impeccable contemporary home with 4 nicely sized bedrooms and 3.5 baths. Beautiful remodeled kitchen with all stainless steel appliances and granite counter tops. Breakfast bar can provide quick seating or extra space when needed. Separate dining room with perfect view of the rolling hills. Kick back and relax in the living room with a real wood burning fireplace with vaulted ceilings. Master bedroom with large walk in closet and remodeled bath add to the tastefulness of this home. Walk up stairs and find 3 bedrooms with a full bath all with nice sized closets. Entertain in the family room with gas stove and bar area. Home has a new roof and new gutters . 2 car extra garage with bonus room upstairs for storage. This home is tastefully decorated and one you don't want to miss.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 11/27/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

D Aaron Decker

Listing by Howard Hanna Professionals - Bradford License #RSR003819

Howard Hanna Professionals - Bradford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,903

Year Built

  • Built in 1995

Lot Details

  • 4.35 Acre Lot
  • Lot Dimensions are 1,072 x 160
  • Irregular Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,932 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Workshop
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Propane
  • 220 Volts in Garage
  • Well
  • Propane Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 046600-094-002-0001-042-007-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,903

Year Built

Built in 1995

Lot Details

0

Listing Details

  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 151000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1072
  • Lot Dimension Front: 160
  • Lot Information: Primary Road
  • Lot Number: 42
  • Lot Shape: Irregular
  • Nearest Cross Street: Dugan Rd
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 57471.26
  • Ratio Close Price By Sq Ft: 129.40
  • Ratio List Price By Acres: 59747.13
  • Ratio List Price By Sq Ft: 134.52
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 5186
  • Styles of Residence: Contemporary
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 189486
  • Age of Building: 27
  • Garage Amenities: Electrical Service, Storage
  • Year Built: 1995
  • Directions To Property: On Windfall Road.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Skylight
  • Additional Rooms: 1st Floor Master Bedroom, Basement / Rec Room, Family Room, Laundry-1st Floor, Living Room, Porch - Open, Workshop
  • Basement Description: Finished, Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Formal Dining Room, Granite Counter, Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1932

Exterior Features

  • Construction: Stone, Vinyl
  • Additional Exterior Features: Deck, Garage Door Opener, High Speed Internet, Propane Tank - Leased
  • Number of Acres: 4.3500

Garage/Parking

  • Driveway Description: Blacktop, Concrete
  • Garage Description: Detached, Under House
  • Number of Garage Spaces: 3.0000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: AC Unit-Wall, Baseboard, Hot Water
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

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

Lot Info

  • Parcel Number: 046600-094-002-0001-042-007-0000

Tax Info

  • Total Taxes: 8903

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
Sep 30, 2019
Sold by
Panus Andrew J
Bought by
Spurline Llc
Current Estimated Value
$348,764

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 31, 2018
Sold by
Zandi Paul M
Bought by
Panus Andrew
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$237,405
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 23, 2018
Sold by
Zandi Paul M and Zandi Melanie J
Bought by
Panus Andrew and Coppola Jennifer
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,405
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2014
Closed on
Jun 20, 2014
Sold by
Martik Adam L
Bought by
Zandi Paul M
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$182,875
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2012
Closed on
Jun 27, 2013
Sold by
Bantelman Joseph A
Bought by
Martik Adam
Seller's Agent
Alberta Riggs
No Office Affiliation
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$205,000
Sold Price
$180,000
Premium/Discount to List
-$25,000
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Source: Public Records

Range of Values:

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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
Spurline Llc -- --
Panus Andrew $249,900 None Available
Panus Andrew $249,900 None Available
Panus Andrew -- --
Zandi Paul M $192,500 John M. Jr. Hart
Martik Adam $180,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spagnola Wende M $222,500
Previous Owner Panus Andrew $237,405
Previous Owner Panus Andrew $237,405
Previous Owner Zandi Paul M $15,000
Previous Owner Zandi Paul M $1,026
Previous Owner Zandi Paul M $182,875
Previous Owner Bantelman Joseph A $75,000
Previous Owner Bantelman Joseph A $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $250,000 -3.8% $129 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $259,900 +4.0% $135 / Sq Ft
08/01/2018 08/01/18 Sold $249,900 0.0% $129 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $249,900 +29.8% $129 / Sq Ft
07/08/2014 07/08/14 Sold $192,500 -3.7% $100 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $199,900 +11.1% $103 / Sq Ft
07/02/2013 07/02/13 Sold $180,000 -12.2% $93 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
10/30/2012 10/30/12 For Sale $205,000 -- $106 / 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 $9,564 $151,000 $22,500 $128,500
2023 $9,076 $151,000 $22,500 $128,500
2022 $8,895 $151,000 $22,500 $128,500
2021 $8,834 $151,000 $22,500 $128,500
2020 $8,929 $151,000 $22,500 $128,500
2019 $3,979 $151,000 $22,500 $128,500
2018 $8,226 $151,000 $22,500 $128,500
2017 $7,440 $151,000 $22,500 $128,500
2016 $7,354 $151,000 $22,500 $128,500
2015 -- $151,000 $22,500 $128,500
2014 -- $151,000 $22,500 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1309658

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-094-002-0001-042-007-0000