NOT LISTED FOR SALE

1608 Walnut St Olean, NY 14760

Estimated Value: $106,000 - $136,000

4 Beds
2 Baths
1,648 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $91,160 $55 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $881/month

109 Days on Market

Highlights

  • Formal Dining Room
  • Eat-In Kitchen
  • Living Room
  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Wall to Wall Carpet

About This Home

As of May 2021

This home is located at 1608 Walnut St, Olean, NY 14760 since 12 November 2020 and is currently estimated at $125,456, approximately $76 per square foot. This property was built in 1900. 1608 Walnut St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003 Listed on: 11/12/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

John Bindics

Listing by No Office Affiliation License #10401325798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,737

Year Built

  • Built in 1900

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 132 x 50

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 041200-094-032-0002-021-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,737

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 68500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 21
  • Nearest Cross Street: E Connell
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 601716.17
  • Ratio Close Price By Sq Ft: 55.32
  • Ratio List Price By Acres: 587458.75
  • Ratio List Price By Sq Ft: 54.00
  • Regional Board Code: Rochester
  • School Tax: 1811
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6600
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1648
  • Directions To Property: Go down N union turn right on to E Connell and a right onto Walnut home is on the right
  • Sq Ft Total Pub: 1648
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Laundry-1st Floor, Living Room
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Refrigerator
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1648

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.1515

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-032-0002-021-000-0000

Tax Info

  • Total Taxes: 3737

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Morsman Dean
Bought by
Morsman Dean and Mayberry Jessica
Current Estimated Value
$125,456

Purchase Details

Listed on
Nov 12, 2020
Closed on
Apr 20, 2021
Sold by
Gustason Eric B
Bought by
Morsman Dean
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
John Bindics
No Office Affiliation
List Price
$89,000
Sold Price
$91,160
Premium/Discount to List
$2,160
2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$89,508
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 28, 2014
Closed on
Jul 21, 2014
Sold by
Kwiatkowski Joseph A
Bought by
Gustason Eric Bruce
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$89,000
Sold Price
$85,065
Premium/Discount to List
-$3,935
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$85,065
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1998

Purchase Details

Closed on
Jun 22, 1995
Sold by
Kahle Cynthia A
Bought by
Snyder Frank and Kwiatkowski Joseph
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
Morsman Dean -- None Available
Morsman Dean $91,160 None Available
Morsman Dean $91,160 None Available
Gustason Eric Bruce $79,500 Gregory Shemeld
Gustason Eric Bruce $79,500 Gregory Shemeld
-- -- --
-- -- --
Snyder Frank $17,500 --
Snyder Frank $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morsman Dean $89,508
Previous Owner Gustason Eric Bruce $85,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $91,160 +2.4% $55 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $89,000 0.0% $54 / Sq Ft
02/09/2021 02/09/21 For Sale $89,000 -3.3% $54 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $92,000 +8.2% $56 / Sq Ft
07/22/2014 07/22/14 Sold $85,065 -4.4% $52 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $89,000 -- $54 / 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 $2,586 $68,500 $5,000 $63,500
2023 $2,579 $68,500 $5,000 $63,500
2022 $2,616 $68,500 $5,000 $63,500
2021 $2,692 $68,500 $5,000 $63,500
2020 $1,243 $68,500 $5,000 $63,500
2019 $668 $68,500 $5,000 $63,500
2018 $1,888 $68,500 $5,000 $63,500
2017 $1,254 $68,500 $5,000 $63,500
2016 $1,211 $68,500 $5,000 $63,500
2015 -- $68,500 $5,000 $63,500
2014 -- $68,500 $5,000 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1307574

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-032-0002-021-000-0000