NOT LISTED FOR SALE

1570 E River Rd Olean, NY 14760

Estimated Value: $80,000 - $139,000

2 Beds
1 Bath
1,012 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $65,000 $64 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $792/month

130 Days on Market

Highlights

  • 0.92 Acre Lot
  • Workshop
  • Eat-In Kitchen
  • 1 Fireplace
  • Enclosed Patio or Porch
  • Forced Air Cooling System

About This Home

As of June 2023

Ranch home with two bedrooms and one full bathroom. This property sits at the end of the River Road across from the Allegheny River, with a small parcel directly on the river. The property has multiple storage buildings and a two-story barn with an attached machine shop. Inside the house, you will find an eat-in Kitchen with a butcherblock counter, an office area with a pellet stove, a living room in front of the house, and an enclosed porch. The barn could be turned into another living space or used for storage/workshop.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 11/12/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Judy Conable

Listing by Howard Hanna Rochester Inc. License #10301206839

Howard Hanna Rochester Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1955

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 400 x 100

Home Design

  • Stone Foundation

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Workshop
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 046600-103-002-0002-036-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,634

Year Built

Built in 1955

Lot Details

0

Listing Details

  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 45000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 400
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • Lot Number: 36
  • Nearest Cross Street: Steam valley
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 70782.97
  • Ratio Close Price By Sq Ft: 64.23
  • Ratio List Price By Acres: 76118.92
  • Ratio List Price By Sq Ft: 69.07
  • Regional Board Code: Rochester
  • School Tax: 1602
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 40000
  • Age of Building: 68
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1012
  • Directions To Property: Union to East River Rd, House is towards the end on the right
  • Sq Ft Total Pub: 1012
  • Attribution Contact: 716-307-9256
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Porch - Enclosed, Workshop
  • Attic Description: Crawl Space, Scuttle Access
  • Basement Description: Crawl Space, Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Pellet: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1012

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.9183

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-103-002-0002-036-000-0000

Tax Info

  • Total Taxes: 2634

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Jun 12, 2023
Sold by
Dunn James H and Stayer Bryant
Bought by
Snover Teena M
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Judy Conable
Howard Hanna Rochester Inc.
List Price
$74,500
Sold Price
$65,000
Premium/Discount to List
-$9,500
-12.75%
Current Estimated Value
$105,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,140
Avg. Annual Appreciation
28.90%
Original Mortgage
$50,000
Outstanding Balance
$48,769
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,177

Purchase Details

Closed on
Sep 17, 2002
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
Snover Teena M $65,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snover Teena M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $65,000 -7.0% $64 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $69,900 -6.2% $69 / Sq Ft
11/12/2022 11/12/22 For Sale $74,500 -- $74 / 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 $2,847 $45,000 $3,400 $41,600
2023 $2,701 $45,000 $3,400 $41,600
2022 $2,655 $45,000 $3,400 $41,600
2021 $2,584 $45,000 $3,400 $41,600
2020 $1,156 $45,000 $3,400 $41,600
2019 $94 $45,000 $3,400 $41,600
2018 $1,172 $45,000 $3,400 $41,600
2017 $1,100 $45,000 $3,400 $41,600
2016 $1,110 $45,000 $3,400 $41,600
2015 -- $45,000 $3,400 $41,600
2014 -- $45,000 $3,400 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1444055

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-103-002-0002-036-000-0000