$91,160
SOLD MAY 21, 2021

1608 Walnut St Olean, NY 14760

4 Beds
2 Baths
1,648 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

2% Above List Price

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 and is currently priced at $91,160, approximately $55 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
$135,845

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
9.71%
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

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Range of Values:

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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 -- None Available
Warranty Deed $91,160 None Available
Warranty Deed $91,160 None Available
Deed $79,500 Gregory Shemeld
Deed $79,500 Gregory Shemeld
Deed -- --
Deed -- --
Land Contract $17,500 --
Land Contract $17,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $89,508 FHA
Previous Owner $85,065 Purchase Money Mortgage
Previous Owner $35,000 Unknown
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