$8,500
SOLD MAY 30, 2014

161 Grossman Ave Olean, NY 14760

4.25 Acres
$2,000 Price per Acre
185,130 Sq Ft Lot

Recently Sold

6% Above List Price

159 Days on Market

Highlights

  • 4.25 Acre Lot
  • Secluded Lot
  • High Speed Internet

About This Lot

As of July 2020

4.25 Acres with frontage on Grossman and Billington Ave. Quiet neighborhood.

Last Agent to Sell the Property

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 08/20/2013

Co-Listed By

Beth Ann Hilyer

Listing by No Office Affiliation License #10401229604

Last Buyer's Agent

Daniel Kyser

Listing by No Office Affiliation

Property Details

Property Type

  • Land

Lot Details

  • 4.25 Acre Lot
  • Lot Dimensions are 369 x 311
  • Secluded Lot
  • Level Lot
  • Cleared Lot

Location

  • City Lot

Utilities

  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-075-0002-044-000-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Topography: Level
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 34800
  • Development Status: Cleared Land
  • Land Features: Clear Lot
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 369
  • Lot Dimension Front: 311
  • Lot Information: City or Village, Residential, Secluded
  • L P Per Acre: 1882.3529
  • Nearest Cross Street: Billington Ave
  • Possible Uses: Recreational, Single Family Development
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 2000.00
  • Ratio List Price By Acres: 1882.35
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 836
  • Sale Price List Price: 1.0625
  • S P Per Acre: 2000.0000
  • Sub Board Code: Buffalo
  • Type: Recreation, Residential
  • Type of Sale: Normal
  • Value Range Search Low Price: 8000.00
  • Directions To Property: East State to Grossman
  • 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
  • Utilities On-site: Electric
  • Waste Disposal: Sewer Available
  • Water Supply: Public

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-075-0002-044-000-0000

Tax Info

  • Total Taxes: 1777

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
$37,223

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
14.04%
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 $14,000 None Available
Deed In Lieu Of Foreclosure $2,000 None Available
Deed In Lieu Of Foreclosure $2,000 None Available
Deed In Lieu Of Foreclosure $2,000 None Available
Deed In Lieu Of Foreclosure -- None Available
Deed In Lieu Of Foreclosure -- None Available
Deed In Lieu Of Foreclosure -- None Available
Deed $8,500 Daniel Derose
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
01/26/2014 01/26/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $8,000 -- --
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 $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

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Map

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

MLS Number: B437192

Western New York Real Estate Information Services (WNYREIS)

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