$70,000
SOLD FEB 26, 2022

1553 Olean Rd South Wales, NY 14139

2 Beds
1 Bath
954 Sq Ft
0.8 Acres

Recently Sold

$73 Per Sq Ft

10 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • Enclosed patio or porch
  • Wooded Lot
  • Private Yard
  • Eat-In Kitchen

About This Home

As of October 2023

Estate Sale.. 2 Bedroom, 1 bath Ranch set deep on a wooded lot. Needs work and will require CASH ONLY. Sold is AS IS condition.

Last Agent to Sell the Property

Andy Kachaylo

Listing by RE/MAX Hometown Choice License #10491203181 Listed on: 11/22/2020

Last Buyer's Agent

Philip Drenning

Listing by Keller Williams Realty WNY License #10401237470

Keller Williams Realty WNY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1945

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 279 x 125
  • Rectangular Lot
  • Wooded Lot
  • Private Yard

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 954 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Combination Dining and Living Room
  • Wall to Wall Carpet
  • Scuttle Attic Hole
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 142489-188-000-0004-014-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

Built in 1945

Lot Details

0

Listing Details

  • NY Swis Code: Aurora-142489
  • Total Assessed Value: 41800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 279
  • Lot Dimension Front: 125
  • Lot Information: Primary Road, Wooded Lot
  • Lot Number: 14
  • Lot Shape: Rectangular
  • Nearest Cross Street: north of 400/16
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 87500.00
  • Ratio Close Price By Sq Ft: 73.38
  • Ratio List Price By Acres: 87375.00
  • Ratio List Price By Sq Ft: 73.27
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1708
  • Styles of Residence: Ranch
  • Sub Board Code: Rochester
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 37000
  • Age of Building: 77
  • Year Built: 1945
  • Directions To Property: 400 to END, take 16 North (Olean Rd) House on left- cannot see it from road.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1945

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement, Living Room, Porch - Enclosed
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 954

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Private Yard - see Remarks, Wood Screens/Storms-some
  • Number of Acres: 0.8000

Garage/Parking

  • Driveway Description: Blacktop, Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Space Heater
  • Number of Beds Approved for Septic: 2
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Holland

Lot Info

  • Parcel Number: 142489-188-000-0004-014-000

Tax Info

  • Total Taxes: 2622

MLS Schools

  • School District Name: Holland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Sep 29, 2023
Sold by
Psrf Llc
Bought by
Higgins Nancy Ellen
Seller's Agent
Philip Drenning
Keller Williams Realty WNY
Buyer's Agent
Nathan Marini
Keller Williams Realty Lancaster
List Price
$249,900
Sold Price
$242,500
Premium/Discount to List
-$7,400
-2.96%
Views
187
Current Estimated Value
$252,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,429
Avg. Annual Appreciation
2.05%

Purchase Details

Listed on
Nov 22, 2020
Closed on
Feb 20, 2022
Sold by
Busch Michael A and Estate Of Dorothy J Busch
Bought by
Psrf Llc
Seller's Agent
Andy Kachaylo
RE/MAX Hometown Choice
Buyer's Agent
Philip Drenning
Keller Williams Realty WNY
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.32%
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 Type Sale Price Title Company
Warranty Deed $242,500 None Available
Administrators Deed $70,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $35,000 Credit Line Revolving
Previous Owner $28,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $242,500 -3.0% $254 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $249,900 +257.0% $262 / Sq Ft
02/26/2022 02/26/22 Sold $70,000 +0.1% $73 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/22/2020 11/22/20 For Sale $69,900 -- $73 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 -- $59,500 $7,300 $52,200
2023 $4,344 $52,800 $7,300 $45,500
2022 $3,039 $36,800 $7,300 $29,500
2021 $3,022 $36,800 $7,300 $29,500
2020 $6,283 $41,800 $7,300 $34,500
2019 $779 $41,800 $7,300 $34,500
2018 $2,257 $41,800 $7,300 $34,500
2017 $693 $41,800 $7,300 $34,500
2016 $830 $41,800 $7,300 $34,500
2015 -- $41,800 $7,300 $34,500
2014 -- $41,800 $7,300 $34,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1309096

Upstate New York Real Estate Information Services (UNYREIS)

APN: 142489-188-000-0004-014-000