NOT LISTED FOR SALE

1540 E River Rd Olean, NY 14760

Estimated Value: $109,000 - $130,000

2 Beds
1 Bath
1,152 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 07, 2015

Last sale price $58,000 $50 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $748/month

367 Days on Market

Highlights

  • Barn
  • 1.55 Acre Lot
  • Heated Sun or Florida Room
  • Horses Allowed On Property
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of September 2015

2 bedroom,1 bath well maintained double wide over looking Allegany River,located on 1.5 acres,features 8x24 covered porch and 9x13 sunroom.Large 20x40 barn, could be used for many purposes(antique co-op,furniture repair,mechanic,small engine repair shop.9x12 shed and 2 other out buildings.4 wheel trails

Last Agent to Sell the Property

William Shuler

Listing by No Office Affiliation License #40SH0772254 Listed on: 07/07/2014

Last Buyer's Agent

William Shuler

Listing by No Office Affiliation License #40SH0772254 Listed on: 07/07/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1994

Lot Details

  • 1.55

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Drapes & Rods
  • Formal Dining Room
  • Heated Sun or Florida Room

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport
  • Stone Driveway

Outdoor Features

  • Shed
  • Porch

Utilities

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

Additional Features

  • 1.55 Acre Lot
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 047489-104-001-0001-003-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,530

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding, Shed/Storage
  • Age: 20
  • NY Swis Code: Portville-047489
  • Total Assessed Value: 59500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Horses Permitted, Rural Road
  • L P Per Acre: 42580.0000
  • List Price per Sq Ft: 57.2907
  • Nearest Cross Street: Steam Valley
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 37419.35
  • Ratio Close Price By Sq Ft: 50.35
  • Ratio List Price By Acres: 42580.00
  • Ratio List Price By Sq Ft: 57.29
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1497
  • Sale Price List Price: 0.8788
  • S P Per Acre: 37419.3548
  • S P Per Sq Ft: 50.3500
  • Styles of Residence: Mobile Manu - Double Wide
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 65999.00
  • Year Built Description: Existing
  • Age of Building: 28
  • Year Built: 1994
  • Directions To Property: from olean take east river
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1994

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some, Drapes - Some
  • Additional Rooms: Florida/Sun Room- Heated, Laundry-1st Floor, Porch - Open
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Refrigerator, Washer
  • Kitchen Dining Description: Formal Dining Room, Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1152

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 1.5500

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Carport
  • Number of Garage Spaces: 1.0000

Utilities

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

Lot Info

  • Parcel Number: 047489-104-001-0001-003-001-0000

Tax Info

  • Total Taxes: 2530

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2021
Sold by
Riverside Rockets Llc
Bought by
Giberson Jon A and Giberson Amy S
Current Estimated Value
$120,289

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 2, 2015
Sold by
Andrus Glenn
Bought by
Weitzel Lora J
Seller's Agent
William Shuler
No Office Affiliation
Buyer's Agent
William Shuler
No Office Affiliation
List Price
$72,900
Sold Price
$58,000
Premium/Discount to List
-$14,900
-20.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$60,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1995
Sold by
Love Richard L
Bought by
Spears James A and Spears Denise M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Giberson Jon A -- None Available
Weitzel Lora J $58,000 Gregory Shemeld
Spears James A $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weitzel Lora J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2015 09/07/15 Sold $58,000 -20.4% $50 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
07/07/2014 07/07/14 For Sale $72,900 -- $63 / 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 $4,914 $59,500 $10,700 $48,800
2023 $2,839 $59,500 $10,700 $48,800
2022 $2,563 $59,500 $10,700 $48,800
2021 $2,561 $59,500 $10,700 $48,800
2020 $2,596 $59,500 $10,700 $48,800
2019 $1,459 $59,500 $10,700 $48,800
2018 $2,632 $59,500 $10,700 $48,800
2017 $2,493 $59,500 $10,700 $48,800
2016 $2,467 $59,500 $10,700 $48,800
2015 -- $59,500 $10,700 $48,800
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    William Shuler

    No Office Affiliation

See All Agents

Map

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

MLS Number: B455987

Western New York Real Estate Information Services (WNYREIS)

APN: 047489-104-001-0001-003-001-0000

New York Cattaraugus County Olean 14760

1540 E River Rd, Olean, NY

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes