NOT LISTED FOR SALE

161 Grossman Ave Olean, NY 14760

Estimated Value: $25,000 - $64,000

4.25 Acres
$9,141 Price per Acre
185,130 Sq Ft Lot

Last Sold July 29, 2020

Last sale price $12,500

Est. 211% increase in value since last sale

Current estimated payment $292/month

642 Days on Market

Highlights

  • 4.25 Acre Lot
  • High Speed Internet
  • Level Lot

About This Lot

As of July 2020

4.25 Acre residential building lot in the City of Olean. 174' frontage on Grossman Ave and 369' of frontage on Billington Ave. Lots of possibilities...

Last Agent to Sell the Property

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 07/18/2018

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Property Details

Property Type

  • Land

Lot Details

  • 4.25 Acre Lot
  • Lot Dimensions are 519 x 174
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Location

  • City Lot

Utilities

  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 041200-094-075-0002-044-002-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 33000
  • Development Status: Cleared Land
  • Land Features: Clear Lot
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 519
  • Lot Dimension Front: 174
  • Lot Information: City or Village, Residential
  • Lot Number: 44
  • Lot Shape: Irregular
  • Nearest Cross Street: East State St.
  • Possible Uses: Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 2941.18
  • Ratio List Price By Acres: 5858.82
  • Regional Board Code: Rochester
  • School Tax: 868
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type: Building Lot, Residential
  • Type of Sale: Normal
  • Lot Sq Ft: 185130
  • Directions To Property: Off East State St. turn onto Grossman Ave. Property on the left.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City
  • Number of Acres: 4.2500

Utilities

  • Utilities Available: Cable, Electric, Gas, High Speed Internet, Sanitary Sewer, Telephone, Water
  • Waste Disposal: Sewer Available
  • Water Supply: At Street

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-075-0002-044-002-0000

Tax Info

  • Total Taxes: 1827

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Kyler Bradley
Bought by
Singh Simranjeet
Current Estimated Value
$38,851

Purchase Details

Closed on
Jul 25, 2018
Sold by
County Of Cattaraugus
Bought by
Farleo Jon Matthew

Purchase Details

Closed on
Jun 27, 2018
Sold by
County Of Cattaraugus
Bought by
Farleo Jon Matthew

Purchase Details

Closed on
May 2, 2018
Sold by
County Treasurer
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Apr 4, 2018
Sold by
County Treasurer
Bought by
County Of Cattaraugus

Purchase Details

Listed on
Aug 20, 2013
Closed on
May 30, 2014
Sold by
Murphy Properties Inc
Bought by
Horsley Recreation Llc
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Daniel Kyser
No Office Affiliation
List Price
$8,000
Sold Price
$8,500
Premium/Discount to List
$500
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Source: Public Records

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 Buyer Sale Price Title Company
Singh Simranjeet $14,000 None Available
Farleo Jon Matthew $2,000 None Available
Farleo Jon Matthew $2,000 None Available
Farleo Jon Matthew $2,000 None Available
Farleo Jon M $2,000 --
Farleo Jon M $2,000 --
Farleo Jon M $2,000 --
County Of Cattaraugus -- None Available
County Of Cattaraugus -- None Available
County Of Cattaraugus -- None Available
Horsley Recreation Llc $8,500 Daniel Derose
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2020 07/29/20 Sold $12,500 -49.8% --
07/17/2019 07/17/19 Price Changed $24,900 -16.7% --
07/18/2018 07/18/18 For Sale $29,900 +251.8% --
05/30/2014 05/30/14 Sold $8,500 +6.3% -- View Prior Sale
01/26/2014 01/26/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $8,000 -- --
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 $1,019 $27,000 $27,000 $0
2023 $1,017 $27,000 $27,000 $0
2022 $1,031 $27,000 $27,000 $0
2021 $1,297 $33,000 $33,000 $0
2020 $2,810 $33,000 $33,000 $0
2019 $495 $33,000 $33,000 $0
2018 $3,462 $33,000 $33,000 $0
2017 $2,825 $33,000 $33,000 $0
2016 $2,798 $33,000 $33,000 $0
2015 -- $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jon Farleo

    Howard Hanna

    Section Image
  • Paul Pezzimenti

    Buyer's Agent in 2020

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    196 in this area

    336 Total Sales

    Paul Pezzimenti
    Section Image

  • T

    Seller's Agent in 2014

    Thomas Butler

    Southern Tier Realty Co. Inc.

    (716) 378-7141

    27 in this area

    45 Total Sales

    Thomas Butler
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Beth Ann Hilyer

    No Office Affiliation

  • D

    Buyer's Agent in 2014

    Daniel Kyser

    No Office Affiliation

See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1134931

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-075-0002-044-002-0000

New York Cattaraugus County Olean 14760

161 Grossman Ave, Olean, NY

This home is located at 161 Grossman Ave, Olean, NY 14760 since 18 July 2018 and is currently estimated at $38,851. 161 Grossman Ave is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes