$58,500
SOLD JUN 13, 2016

1521 Martin St Olean, NY 14760

3 Beds
1 Bath
1,452 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$40 Per Sq Ft

7% Below List Price

8 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Formal Dining Room
  • Enclosed patio or porch
  • Woodwork

About This Home

As of August 2020

Bright and cheery 3 BR home in a very pleasant, quiet neighborhood. Enjoy the summer months relaxing and barbecuing on the side deck, or take in the beauty of Fall in the enclosed front porch. This North Olean property has been well cared for and is immaculately clean. Call today to view this move-in ready home.

Last Agent to Sell the Property

Maureen Batesky

Listing by No Office Affiliation License #40BA0927896 Listed on: 03/06/2016

Last Buyer's Agent

Steve Bombardier

Listing by No Office Affiliation License #10401272597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,261

Year Built

  • Built in 1905

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132 x 66

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Partial Basement
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-032-0002-009-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,261

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Age: 111
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 42500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • L P Per Acre: 314500.0000
  • List Price per Sq Ft: 43.3195
  • Nearest Cross Street: E Connell
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 292500.00
  • Ratio Close Price By Sq Ft: 40.29
  • Ratio List Price By Acres: 314500.00
  • Ratio List Price By Sq Ft: 43.32
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1089
  • Sale Price List Price: 0.9300
  • S P Per Acre: 292500.0000
  • S P Per Sq Ft: 40.2900
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 62900.00
  • Year Built Description: Existing
  • Age of Building: 117
  • Year Built: 1905
  • Directions To Property: North Union to Connell, left onto Martin - house on left, watch for sign
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Electrical Fuses - some, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Living Room, Porch - Enclosed, Porch - Open
  • Attic Description: Pull Down Stairs
  • Basement Description: Partial
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Island, Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1452

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck
  • Number of Acres: 0.2000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-032-0002-009-000-0000

Tax Info

  • Total Taxes: 2261

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jul 13, 2020
Sold by
Halladay Thad D
Bought by
Gulnac Rebecca J
Seller's Agent
Bobbi Jo Kent
ERA Team VP Real Estate
Buyer's Agent
Megan Brewster
No Office Affiliation
List Price
$62,500
Sold Price
$61,000
Premium/Discount to List
-$1,500
-2.4%
Current Estimated Value
$100,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,194
Avg. Annual Appreciation
8.93%
Original Mortgage
$59,895
Outstanding Balance
$53,607
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$39,849

Purchase Details

Listed on
Mar 6, 2016
Closed on
Jun 3, 2016
Sold by
Peterson
Bought by
Halladay Thad D
Seller's Agent
Maureen Batesky
No Office Affiliation
Buyer's Agent
Steve Bombardier
No Office Affiliation
List Price
$62,900
Sold Price
$58,500
Premium/Discount to List
-$4,400
-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
1.01%
Original Mortgage
$52,650
Interest Rate
3.66%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed $58,500 Rick Renzi
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $59,895 FHA
Previous Owner $64,528 FHA
Previous Owner $52,650 Purchase Money Mortgage
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $61,000 -2.4% $42 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $62,500 +6.8% $43 / Sq Ft
06/13/2016 06/13/16 Sold $58,500 -7.0% $40 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/06/2016 03/06/16 For Sale $62,900 -- $43 / 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 $1,605 $42,500 $5,800 $36,700
2023 $1,600 $42,500 $5,800 $36,700
2022 $1,623 $42,500 $5,800 $36,700
2021 $1,670 $42,500 $5,800 $36,700
2020 $1,682 $42,500 $5,800 $36,700
2019 $671 $42,500 $5,800 $36,700
2018 $2,293 $42,500 $5,800 $36,700
2017 $1,723 $42,500 $5,800 $36,700
2016 $613 $42,500 $5,800 $36,700
2015 -- $42,500 $5,800 $36,700
2014 -- $42,500 $5,800 $36,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B494339

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-032-0002-009-000-0000