$79,000
SOLD SEP 23, 2014

1605 Walnut St Olean, NY 14760

4 Beds
2 Baths
1,780 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

12% Below List Price

175 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Traditional Architecture
  • Granite Countertops
  • 1 Car Detached Garage

About This Home

As of October 2022

This well maintained North Olean home has a large master suite. There is a master bath with shower stall, large walk in closet and an extra room that could be used as an office or dressing room. The home has a remodeled kitchen with granite counter top and appliances. There is a bedroom on the first floor that could be used as a family room or an office. The heating system plumbing have all been updated and there is 200 AMP electrcial service. The home has a wonderful deck on the rear and a one car garage. Call today for a showing.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 02/04/2014

Howard Hanna Professionals - Olean

Last Buyer's Agent

Merilyn Mang

Listing by No Office Affiliation License #40MA0904168

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,670

Year Built

  • Built in 1890

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 144 x 66
  • Rectangular Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-032-0002-027-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,670

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 124
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 71000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 144
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 385909.0900
  • List Price per Sq Ft: 47.6966
  • Nearest Cross Street: East Connell Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 359090.91
  • Ratio Close Price By Sq Ft: 44.38
  • Ratio List Price By Acres: 385909.09
  • Ratio List Price By Sq Ft: 47.70
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1751
  • Sale Price List Price: 0.9305
  • S P Per Acre: 359090.9100
  • S P Per Sq Ft: 44.3800
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 84900.00
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Turn off North Union Street ontoEast Connell. Take first left onto Walnut Street. Home is on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: Den/Study, Laundry-Basement, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Granite Counter, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1780

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 0.2200

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
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-032-0002-027-000-0000

Tax Info

  • Total Taxes: 3670

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 13, 2022
Sold by
Miller Caleb D and Miller Amanda F
Bought by
Steigerwald Kathryn E and Wright Tiffiny K
Seller's Agent
Bobbi Jo Kent
ERA Team VP Real Estate
Buyer's Agent
Chelsea Dominick
HUNT Real Estate Corporation
List Price
$109,000
Sold Price
$128,900
Premium/Discount to List
$19,900
18.26%
Views
92
Current Estimated Value
$139,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,590
Avg. Annual Appreciation
1.57%

Purchase Details

Listed on
Feb 4, 2014
Closed on
Sep 17, 2014
Sold by
Palumbo Daniel S
Bought by
Hobler Amanda F
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$75,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2009
Sold by
Palumbo Daniel
Bought by
Palumbo Daniel

Purchase Details

Closed on
Mar 17, 2004
Sold by
Padlo John
Bought by
Palumbo Daniel
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $129,000 None Available
Deed $79,000 Daniel R. Palumbo
Interfamily Deed Transfer -- Daniel R Palumbo
Deed $36,500 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $128,900 +18.3% $72 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $109,000 +38.0% $61 / Sq Ft
09/23/2014 09/23/14 Sold $79,000 -12.1% $44 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $89,900 -- $51 / 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 $2,737 $72,500 $6,100 $66,400
2023 $2,730 $72,500 $6,100 $66,400
2022 $2,769 $72,500 $6,100 $66,400
2021 $2,849 $72,500 $6,100 $66,400
2020 $2,228 $72,500 $6,100 $66,400
2019 $1,150 $72,500 $6,100 $66,400
2018 $3,270 $72,500 $6,100 $66,400
2017 $2,263 $72,500 $6,100 $66,400
2016 $2,213 $72,500 $6,100 $66,400
2015 -- $72,500 $6,100 $66,400
2014 -- $72,500 $6,100 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B445279

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-032-0002-027-000-0000