$40,000
SOLD SEP 19, 2024

1705 W State St Olean, NY 14760

3 Beds
1 Bath
1,156 Sq Ft
2,450 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

20% Below List Price

118 Days on Market

Highlights

  • Separate Formal Living Room
  • Porch
  • Laundry Room
  • Formal Dining Room
  • Open Patio
  • Forced Air Heating System

About This Home

As of September 2024

Welcome to your new cozy retreat in the heart of Olean, New York! This lovely 3-bedroom, 1-bathroom home offers a perfect blend of classic charm and modern updates, making it an ideal choice for comfortable living. Updated Kitchen and Bathroom: The heart of this home is the beautifully updated kitchen, featuring sleek countertops, modern appliances, and ample cabinet space. The bathroom has also been tastefully renovated to provide a fresh and inviting atmosphere. Spacious Bedrooms: Three generously sized bedrooms offer plenty of space for your family or guests. Each room is filled with natural light, creating a warm and inviting ambiance. Convenient Location: Situated in a prime location, this home is just minutes away from Olean's amenities, including shopping, dining, schools, and parks. You'll love the convenience of being close to everything you need. New Carpet: Enjoy the comfort and luxury of brand-new carpet throughout the home. It adds a touch of elegance while ensuring a cozy, inviting environment. Sold AS-IS: This property is being sold AS-IS, giving you the opportunity to personalize it to your liking. Bring your creativity and turn this house into your dream home!

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 04/10/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Ciji VanDyke

Listing by RE/MAX On Point License #40SH1133987

RE/MAX On Point

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 2,450 Sq Ft Lot
  • Lot Dimensions are 35x70

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Shared Driveway

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 041200-094-063-0005-031-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • Attribution Contact: 716-307-9256
  • ResoLaundryFeatures: Main Level
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Union to State St
  • Architectural Style: Two Story
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room, Separate/Formal Living Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0562
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: No Garage, Shared Driveway

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-063-0005-031-000-0000
  • Lot Dimensions: 35X70
  • Lot Size Sq Ft: 2450.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2434.0
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Sep 23, 2024
Sold by
Kings View Motel Llc
Bought by
Jimerson Kwanita
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Views
260
Current Estimated Value
$58,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,760
Avg. Annual Appreciation
51.90%

Purchase Details

Closed on
Apr 21, 2023
Sold by
Northwest Bank
Bought by
Rode Joyhideway Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $40,000 None Available
Deed $5,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $308,948 Stand Alone Refi Refinance Of Original Loan
Previous Owner $105,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $48,875 Unknown
Previous Owner $39,525 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $40,000 -10.7% $35 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $44,800 -0.2% $39 / Sq Ft
06/18/2024 06/18/24 Price Changed $44,900 -10.0% $39 / Sq Ft
04/10/2024 04/10/24 For Sale $49,900 -- $43 / 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 $3,800 $45,000 $2,400 $42,600
2023 $1,694 $45,000 $2,400 $42,600
2022 $1,719 $45,000 $2,400 $42,600
2021 $1,768 $45,000 $2,400 $42,600
2020 $3,832 $45,000 $2,400 $42,600
2019 $675 $45,000 $2,400 $42,600
2018 $4,448 $45,000 $2,400 $42,600
2017 $3,116 $45,000 $2,400 $42,600
2016 $1,804 $45,000 $2,400 $42,600
2015 -- $45,000 $2,400 $42,600
2014 -- $45,000 $2,400 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1531129

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-063-0005-031-000-0000