NOT LISTED FOR SALE

1601 Avenue B Olean, NY 14760

Estimated Value: $70,000 - $107,000

3 Beds
1 Bath
1,325 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $25,000 $19 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $528/month

381 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Cooling System
  • Eat-In Country Kitchen
  • Woodwork
  • Living Room

About This Home

As of October 2016

Exceptional value for this 3 bedroom 1 bath home. Vinyl siding, newer windows, newer roof are all great features to this home. All the major stuff has been done and all appliances are included. Yard with a new privacy fence in back in a quiet neighborhood with no through street. Why wait? Call to see this home today!!

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 08/04/2015

Howard Hanna Professionals - Olean

Last Buyer's Agent

Ronald Frazier

Listing by Real Estate Pros & More License #10401229681

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 70 x 40
  • Partially Fenced Property

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Eat-In Country Kitchen
  • Gas Range
  • Freezer

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041200-094-047-0002-005-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Age: 100
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 36000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 70
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • L P Per Acre: 498333.3300
  • List Price per Sq Ft: 22.5660
  • Nearest Cross Street: E. Fall Rd
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 416666.67
  • Ratio Close Price By Sq Ft: 18.87
  • Ratio List Price By Acres: 498333.33
  • Ratio List Price By Sq Ft: 22.57
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 888
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 29900.00
  • Year Built Description: Existing
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: East Fall road to Avenue B. House is on a corner lot.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Freezer, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Country Kitchen, Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1325

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.0600

Garage/Parking

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

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: 041200-094-047-0002-005-000-0000

Tax Info

  • Total Taxes: 1882

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2015
Closed on
Oct 18, 2016
Sold by
Milchuck Rose
Bought by
Kronenwetter Robert
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Ronald Frazier
Real Estate Pros & More
List Price
$34,000
Sold Price
$25,000
Premium/Discount to List
-$9,000
-26.47%
Current Estimated Value
$82,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,833
Avg. Annual Appreciation
14.48%
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
Kronenwetter Robert $25,000 John Hart
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2016 10/19/16 Sold $25,000 -26.5% $19 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/04/2015 08/04/15 For Sale $34,000 -- $26 / 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 $1,095 $29,000 $3,300 $25,700
2023 $1,092 $29,000 $3,300 $25,700
2022 $1,108 $29,000 $3,300 $25,700
2021 $1,140 $29,000 $3,300 $25,700
2020 $1,147 $29,000 $3,300 $25,700
2019 $435 $29,000 $3,300 $25,700
2018 $1,564 $29,000 $3,300 $25,700
2017 $1,175 $29,000 $3,300 $25,700
2016 $1,436 $36,000 $3,300 $32,700
2015 -- $36,000 $3,300 $32,700
2014 -- $36,000 $3,300 $32,700
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2016

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    109 in this area

    244 Total Sales

    Kelly Patrone
    Section Image

  • R

    Buyer's Agent in 2016

    Ronald Frazier

    Real Estate Pros & More

See All Agents

Map

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

MLS Number: B482044

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-047-0002-005-000-0000

New York Cattaraugus County Olean 14760

1601 Avenue B, Olean, NY

This home is located at 1601 Avenue B, Olean, NY 14760 since 04 August 2015 and is currently estimated at $82,833, approximately $62 per square foot. This property was built in 1915. 1601 Avenue B is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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