$85,065
SOLD JUL 22, 2014

1608 Walnut St Olean, NY 14760

4 Beds
2 Baths
1,648 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

4% Below List Price

83 Days on Market

Highlights

  • Traditional Architecture
  • 1.5 Car Detached Garage
  • Forced Air Cooling System
  • Home Office
  • Eat-In Kitchen
  • Patio

About This Home

As of May 2021

North Olean home has been totally remodeled.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 01/28/2014

Howard Hanna Professionals

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 132 x 50
  • Rectangular Lot

Parking

  • 1.5 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Home Office
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,323

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 114
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 65000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 593333.3300
  • List Price per Sq Ft: 54.0048
  • Nearest Cross Street: East Connell Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 567100.00
  • Ratio Close Price By Sq Ft: 51.62
  • Ratio List Price By Acres: 593333.33
  • Ratio List Price By Sq Ft: 54.00
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1561
  • Sale Price List Price: 0.9557
  • S P Per Acre: 567100.0000
  • S P Per Sq Ft: 51.6200
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 89000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Turn off North Union Street onto East Connell Street. Turn left on Walnut Street.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Office
  • Attic Description: Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Eat-In
  • 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: Wood
  • Additional Exterior Features: Patio
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.5000

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

Tax Info

  • Total Taxes: 3323

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

Closed on
Sep 26, 2024
Sold by
Morsman Dean
Bought by
Morsman Dean and Mayberry Jessica
Total Days on Market
83
Current Estimated Value
$134,313

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
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
10.07%
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
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals
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

Similar Homes in Olean, NY

  • 508 Ho Sta Geh Rd, Olean, NY 14760

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,096 Sq Ft
    • 508 Ho Sta Geh Rd
    • Olean, NY

    If you are looking for a blank slate to truly make your own! This 3-bedroom. 1 bath house in a country setting could be the answer! This charming house has front and back porches and a balcony off the primary bedroom. It also has an oversized 2 car garage with an electric door opener and shop/storage space. The house has been gutted down to the studs and is ready for you to design your dream

    Patricia Collier RE/MAX On Point

    Section Image
  • 219 E Oak St, Olean, NY 14760

    $69,900

    • 3 Beds
    • 1.5 Baths
    • 1,396 Sq Ft
    • 219 E Oak St
    • Olean, NY

    Welcome to this charming 3-bedroom, 1.5-bathroom two-story home! The spacious layout features a large kitchen, a cozy dining room, and a bright living room, perfect for family gatherings. Enjoy the convenience of a full bathroom on the first floor. Step outside to a generous backyard with a deck, ideal for outdoor entertaining. The property also includes a one-car garage with additional space for

    George Frankford Howard Hanna Professionals

    Section Image
  • 507 E Connell St, Olean, NY 14760

    $74,500

    • 5 Beds
    • 1 Bath
    • 2,000 Sq Ft
    • 507 E Connell St
    • Olean, NY

    Step back in time with this spacious 5-bedroom, 1-bathroom home, brimming with character and waiting for your personal touch! Inside, you'll find generously sized rooms, a large kitchen with plenty or space for an eat-in. The full bathroom is centrally located off the kitchen with a newer walk-in shower. Living room, office and bedroom or space for whatever you need. Laundry is conveniently

    Kelly Patrone Howard Hanna Professionals

    Section Image
  • 512 N 7th St, Olean, NY 14760

    $64,000

    • 2 Beds
    • 1.5 Baths
    • 1,248 Sq Ft
    • 512 N 7th St
    • Olean, NY

    Investment Property ck out this two bedroom home .

    John Dwaileebe Howard Hanna Professionals

    Section Image
  • 324 N 5th St, Olean, NY 14760

    $89,900

    • 4 Beds
    • 2 Baths
    • 1,714 Sq Ft
    • 324 N 5th St
    • Olean, NY

    Looking for a place with a little extra room and a great vibe? This 3–4 bedroom, 2 bath home might be just what you’re after. There’s space to spread out, whether you need a home office, guest room, or just want that extra bedroom to finally have a place for your stuff.The kitchen’s got a walk-in pantry (because who doesn’t need more snack storage?), and the **back deck is perfect for

    Paul Pezzimenti Howard Hanna Professionals

    Section Image
  • 218 N 12th St, Olean, NY 14760

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,344 Sq Ft
    • 218 N 12th St
    • Olean, NY

    Step into timeless charm with this well-maintained three-bedroom, one-and-a-half bath home in West Olean. Showcasing stunning original chestnut woodwork throughout, this home blends classic character with thoughtful updates. The first floor features a convenient half bath, a spacious living room, and a formal dining room—perfect for hosting family and friends.Enjoy outdoor living in the fully

    Paul Pezzimenti Howard Hanna Professionals

    Section Image
  • 346 W Highland Ave, Olean, NY 14760

    $89,900

    • 2 Beds
    • 1 Bath
    • 660 Sq Ft
    • 346 W Highland Ave
    • Olean, NY

    Do not miss this second chance to make this home yours! Back on the market, due to no fault of the seller. This charming 2-bedroom home may be small in size, but it's big on personality and modern upgrades! Offering off-street parking, this property features all-new flooring throughout, a brand-new heating system, and a new hot water tank, ensuring comfort and efficiency. The home has also been

    Christine Calbi Premier Listings Real Estate

    Section Image
  • 135 N 12th St, Olean, NY 14760

    $95,000

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • 135 N 12th St
    • Olean, NY

    Discover this fantastic opportunity on a convenient neighborhood street! This inviting 3-bedroom home offers all bedrooms on the second floor, a full bath conveniently located on the first floor, and a 2-car detached garage with a concrete driveway plus an extra drive close to the house. Nestled on a generous 1/3-acre double lot, this property provides plenty of outdoor space for gardening, play,

    Ken Bailey Real Estate Pros & More

    Section Image
  • 124 N 11th St, Olean, NY 14760

    $89,000

    • 3 Beds
    • 1 Bath
    • 1,196 Sq Ft
    • 124 N 11th St
    • Olean, NY

    Newly remodeled 3 bedroom house conveniently located close to stores and restaurants! This house has mostly wood floors throughout and many new windows. Main bedroom has a large room that could be used as a walk in closet or a nursery - depending on your needs! The large deck off the back of the house can be accessed through the kitchen or the sliding glass doors in the dining room. It

    Rebecca Laborde Premier Listings Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: 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 $2,586 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B444942

Western New York Real Estate Information Services (WNYREIS)

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