NOT LISTED FOR SALE

1611 N Union St Olean, NY 14760

Estimated Value: $77,000 - $98,000

2 Beds
1 Bath
1,146 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $55,300 $48 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $627/month

22 Days on Market

Highlights

  • Indoor Spa
  • Wood Flooring
  • Full Attic
  • Deck
  • Old Style Architecture
  • 1 Car Detached Garage

About This Home

As of April 2022

Great potential in the 2 Bedroom Home! Spacious rooms, lots of possibilities for your first home or even as a rental. Very nice kitchen with a breakfast bar. Very spacious . This home has alot of potential. It is coming "as is" as the owners haven't occupied it in several years, but when they left, everything was in working order. It has a nice deck with a Hot Tub on it, a good sized back yard, 1 car detached garage and has great curb appeal.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 11/23/2021

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals License #10301214758

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 1910

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 120 x 60

Parking

  • 1 Car Detached Garage

Home Design

  • Old Style Architecture

Interior Spaces

  • 1,146 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • Indoor Spa
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 041200-094-040-0001-010-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,545

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 46500
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: E. Connell
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 334543.25
  • Ratio Close Price By Sq Ft: 48.25
  • Ratio List Price By Acres: 359951.60
  • Ratio List Price By Sq Ft: 51.92
  • Regional Board Code: Buffalo
  • School Tax: 1234
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7200
  • Age of Building: 113
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1146
  • Directions To Property: From Downtown Olean, Travel to N. Union Extension- Pass St Johns Church, all the way down over the Railroad tracks. House is on the left. Watch for chr sign
  • Sq Ft Total Pub: 1146
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Hot Tub, Natural Woodwork - some
  • Additional Rooms: Living Room
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Pantry
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1146

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet, Hot Tub
  • Number of Acres: 0.1653

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-040-0001-010-000-0000

Tax Info

  • Total Taxes: 2545

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Apr 7, 2022
Sold by
Newton Ft
Bought by
Churakos Lyndsey C
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals
List Price
$59,500
Sold Price
$55,300
Premium/Discount to List
-$4,200
-7.06%
Total Days on Market
22
Current Estimated Value
$90,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,261
Avg. Annual Appreciation
17.01%
Original Mortgage
$55,858
Outstanding Balance
$53,131
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$37,430

Purchase Details

Closed on
Sep 27, 2019
Sold by
Newton Thomas
Bought by
Newton Family Trust 1

Purchase Details

Closed on
Jul 9, 2019
Sold by
Newton Thomas
Bought by
Newton Family Trust 1
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 Buyer Sale Price Title Company
Churakos Lyndsey C $55,500 None Available
Newton Family Trust 1 -- None Available
Newton Family Trust 1 -- None Available
Newton Ft 1 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Churakos Lyndsey C $55,858
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $55,300 -7.1% $48 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $59,500 -- $52 / 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 $1,756 $46,500 $5,300 $41,200
2023 $1,751 $46,500 $5,300 $41,200
2022 $1,776 $46,500 $5,300 $41,200
2021 $1,827 $46,500 $5,300 $41,200
2020 $595 $46,500 $5,300 $41,200
2019 $460 $46,500 $5,300 $41,200
2018 $1,053 $46,500 $5,300 $41,200
2017 $637 $46,500 $5,300 $41,200
2016 $924 $46,500 $5,300 $41,200
2015 -- $46,500 $5,300 $41,200
2014 -- $46,500 $5,300 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1379001

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0001-010-000-0000