$180,000
SOLD JUL 2, 2013

1518 Windfall Rd Olean, NY 14760

4 Beds
3.5 Baths
1,932 Sq Ft
4.35 Acres

Recently Sold

$93 Per Sq Ft

12% Below List Price

169 Days on Market

Highlights

  • 4.35 Acre Lot
  • Contemporary Architecture
  • Cathedral Ceiling
  • Deck
  • Wooded Lot
  • Wood Flooring

About This Home

As of April 2021

Contemporary Style three story home in a great location just minutes from town. The lower level has a family room with a gas stove, wet bar, full bath and an office. The main floor has a large kitchen, dining room, living room with beautiful stone fireplace and cathedral ceilings, master bedroom suite and a wrap-around deck with a beautiful view. The third floor has three bedrooms and a full bath. There is a stamped concrete walkway and an attached two car garage. A separate three car garage is heated, with a second story that has plumbing - lots of possibilities.

Last Agent to Sell the Property

Alberta Riggs

Listing by No Office Affiliation License #30RI0303247 Listed on: 10/30/2012

Co-Listed By

Christine Young

Listing by Howard Hanna Professionals - Olean License #40YO1152644

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,885

Year Built

  • Built in 1995

Lot Details

  • 4.35 Acre Lot
  • Lot Dimensions are 1 x 165
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 5 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,885

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Age: 17
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 151000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1
  • Lot Dimension Front: 165
  • Lot Information: Primary Road, Wooded Lot
  • L P Per Acre: 43218.3908
  • List Price per Sq Ft: 97.3084
  • Nearest Cross Street: Dugan
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 41379.31
  • Ratio Close Price By Sq Ft: 93.17
  • Ratio List Price By Acres: 43218.39
  • Ratio List Price By Sq Ft: 97.31
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 4650
  • Sale Price List Price: 0.9574
  • S P Per Acre: 41379.3103
  • S P Per Sq Ft: 93.1700
  • Styles of Residence: Contemporary
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 188000.00
  • Year Built Description: Existing
  • Age of Building: 27
  • Year Built: 1995
  • Directions To Property: Main St. to Genesee St
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1995

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Cathedral Ceiling, Central Vacuum System, Circuit Breakers - Some, Natural Woodwork - some, Skylight
  • Additional Rooms: 1st Floor Master Bedroom, Family Room, Laundry-1st Floor, Living Room, Master Bedroom Bath, Office
  • Basement Description: Finished, Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 1
  • Number of Bedrooms 3rd 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 3rd Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 9
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1932

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Garage Door Opener, Patio, Satellite Dish, Thermal Windows - Some
  • Number of Acres: 4.3500

Garage/Parking

  • Driveway Description: Blacktop, Concrete
  • Garage Description: Attached, Detached
  • Number of Garage Spaces: 5.0000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Olean

Lot Info

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

Tax Info

  • Total Taxes: 7885

MLS Schools

  • 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
4.88%
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

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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 Type Sale Price Title Company
Warranty Deed -- --
Deed $249,900 None Available
Deed $249,900 None Available
Warranty Deed -- --
Deed $192,500 John M. Jr. Hart
Deed $180,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $237,405 New Conventional
Previous Owner $237,405 New Conventional
Previous Owner $15,000 Unknown
Previous Owner $1,026 Unknown
Previous Owner $182,875 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $26,500 Unknown
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: 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 $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: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B418963

Western New York Real Estate Information Services (WNYREIS)

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