NOT LISTED FOR SALE

1627 Walnut St Olean, NY 14760

Estimated Value: $93,000 - $100,868

3 Beds
1 Bath
1,032 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 24, 2017

Last sale price $56,180 $54 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $604/month

118 Days on Market

Highlights

  • 0.5 Acre Lot
  • Walk-In Pantry
  • Eat-In Kitchen
  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Roll-in Shower

About This Home

As of December 2017

Adorable starter home on quiet dead end street - ready to move in condition. Last house on street with ex. lg. lot. Many updates-new hot water tank, all new dbl. pane windows, completely remodeled bathroom, new subflooring throughout entire home, new wall to wall carpeting in living room and all bedrooms, new breaker box with 200 amp service, all rooms freshly painted, LED lighting throughout and a joyful enclosed sun-porch. Newer shingled roof and gutters. Owner is in process of replacing all exterior entrance stairs, painting all house and garage trim. This will be completed before closing date. Only minutes from shopping areas, schools, and hospital. Don't miss out on this opportunity; it won't be around long!

Last Agent to Sell the Property

Joanne Tidd

Listing by No Office Affiliation License #10401297240 Listed on: 06/09/2017

Last Buyer's Agent

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1918

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 132 x 165
  • Irregular Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,032 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partial Basement
  • Unfinished Attic
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Accessible Home Design

  • Roll-in Shower

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 94.032-2-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,513

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Accessibility: No Step Shower
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 46000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 165
  • Lot Information: Neighborhood Street, Primary Road
  • Lot Shape: Irregular
  • Nearest Cross Street: East Connell Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 112023.93
  • Ratio Close Price By Sq Ft: 54.44
  • Ratio List Price By Acres: 118644.07
  • Ratio List Price By Sq Ft: 57.66
  • Regional Board Code: Rochester
  • School Tax: 1201
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 105
  • Year Built: 1918
  • Directions To Property: North Union Street to East Connell Street. Right on East Connell Street. Take first left onto Walnut Street. Last house on left. Watch for signage
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Pex Plumbing- Some
  • Additional Rooms: Laundry-1st Floor
  • Attic Description: Crawl Space, Unfinished
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In, Walk-In Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1032

Exterior Features

  • Additional Exterior Features: Cable TV Available, Garage Door Opener
  • Number of Acres: 0.5015

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 94.032-2-2

Tax Info

  • Total Taxes: 2513

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Dec 13, 2017
Sold by
Geyer Travis E
Bought by
Stead Kathryn E
Seller's Agent
Joanne Tidd
No Office Affiliation
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$62,500
Sold Price
$56,180
Premium/Discount to List
-$6,320
-10.11%
Current Estimated Value
$96,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,537
Avg. Annual Appreciation
7.02%
Original Mortgage
$55,161
Outstanding Balance
$47,232
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$49,485

Purchase Details

Listed on
Jun 9, 2017
Closed on
Dec 12, 2017
Sold by
Geyer Travis E
Bought by
Stead Kathryn E
Seller's Agent
Joanne Tidd
No Office Affiliation
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$62,500
Sold Price
$56,180
Premium/Discount to List
-$6,320
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,161
Outstanding Balance
$47,232
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$49,485

Purchase Details

Listed on
Jun 9, 2017
Closed on
Dec 9, 2017
Sold by
Geyer Travis E
Bought by
Stead Kathryn E
Seller's Agent
Joanne Tidd
No Office Affiliation
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$62,500
Sold Price
$56,180
Premium/Discount to List
-$6,320
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,161
Outstanding Balance
$47,232
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$49,485

Purchase Details

Closed on
Feb 6, 2009
Sold by
Jonak Dorothy
Bought by
Geyer Travis

Purchase Details

Closed on
Aug 2, 2006
Sold by
Jonak Dorothy
Bought by
Jonak Dorothy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Stead Kathryn E $56,180 None Available
Stead Kathryn E $56,180 None Available
Stead Kathryn E -- --
Geyer Travis $46,000 Daniel R Palumbo
Jonak Dorothy -- Daniel R Palumbo
Jonak Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stead Kathryn E $55,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2017 12/24/17 Sold $56,180 -5.6% $54 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
08/01/2017 08/01/17 Price Changed $59,500 -4.8% $58 / Sq Ft
06/09/2017 06/09/17 For Sale $62,500 -- $61 / 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 $2,908 $46,000 $11,300 $34,700
2023 $1,732 $46,000 $11,300 $34,700
2022 $1,757 $46,000 $11,300 $34,700
2021 $1,808 $46,000 $11,300 $34,700
2020 $1,820 $46,000 $11,300 $34,700
2019 $690 $46,000 $11,300 $34,700
2018 $2,481 $46,000 $11,300 $34,700
2017 $1,188 $46,000 $11,300 $34,700
2016 $1,150 $46,000 $11,300 $34,700
2015 -- $46,000 $11,300 $34,700
2014 -- $46,000 $11,300 $34,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: B1054044

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-032-0002-002-000-0000