$115,000
SOLD AUG 13, 2024

1724 Allegany St Olean, NY 14760

3 Beds
1 Bath
1,308 Sq Ft
0.31 Acres

Recently Sold

$88 Per Sq Ft

15% Below List Price

46 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1.5 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Laundry Room

About This Home

As of August 2024

Welcome to your charming new home in the Town of Allegany! This really nice 3 bedroom Cape Cod is located on a lovely street, offering both convenience and a peaceful setting. Close to all shopping, you'll have everything you need just moments away. Step inside to discover a warm and inviting atmosphere. The main floor features a full bath and a bedroom, providing convenient single-level living options. The kitchen comes equipped with a stove and refrigerator, ready for you to cook and entertain. The property boasts a partially fenced yard, perfect for outdoor activities and adding a sense of privacy. With a double lot, there's plenty of room to play and garden to your heart's content. Additional features include a high-efficient furnace and a 200 amp circuit breaker box, ensuring comfort and convenience. There's also an enclosed storage area next to the garage, providing ample space for your belongings. Enjoy the outdoors from your front and rear decks, perfect for relaxing or hosting gatherings. This home offers a blend of comfort, functionality, and space, making it a wonderful place to call home.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More Brokerage Phone: 716-307-6960 License #10371200907 Listed on: 04/12/2024

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,762

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 120x113

Parking

  • 1.5 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Allegany Elementary School
  • Allegany-Limestone Middle School
  • Allegany-Limestone High School

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 042089-094-070-0001-027-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,762

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1940
  • Attribution Contact: 716-307-6960
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: West State Street to Allegany Street - property on the left.
  • Architectural Style: Cape Cod
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Sliding Glass Door(s), Bedroom on Main Level
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 1

Exterior Features

  • Acres: 0.3127
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Allegany-Limestone
  • Ninth Grade High School: Allegany-Limestone High
  • Middle Or Junior School: Allegany-Limestone Middle

Lot Info

  • Parcel Number: 042089-094-070-0001-027-000-0000
  • Lot Dimensions: 120X113
  • Lot Size Sq Ft: 13620.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2762.0
  • Tax Lot: 27

MLS Schools

  • Elementary School: Allegany Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jul 30, 2024
Sold by
Hayes Joseph J
Bought by
Sakala Miranda N
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%
Views
72
Current Estimated Value
$123,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,581
Avg. Annual Appreciation
9.85%
Original Mortgage
$111,500
Outstanding Balance
$110,735
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$15,355

Purchase Details

Closed on
Mar 12, 2007
Sold by
Lyaski Christopher
Bought by
Hayes Joseph

Purchase Details

Closed on
Aug 6, 2002
Sold by
Minner Joel
Bought by
Lyaski Christopher

Purchase Details

Closed on
Dec 28, 1998

Purchase Details

Closed on
Nov 7, 1995
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 Type Sale Price Title Company
Warranty Deed $115,000 None Available
Deed $98,500 Daniel R Palumbo
Deed $98,500 Daniel R Palumbo
Deed $77,000 Daniel Palumbo
Deed $77,000 Daniel Palumbo
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $115,000 0.0% $88 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/16/2024 05/16/24 Off Market $115,000 -- --
04/12/2024 04/12/24 For Sale $135,000 -- $103 / 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 $3,010 $80,000 $10,200 $69,800
2023 $2,764 $80,000 $10,200 $69,800
2022 $2,605 $80,000 $10,200 $69,800
2021 $2,638 $80,000 $10,200 $69,800
2020 $2,695 $80,000 $10,200 $69,800
2019 $1,357 $80,000 $10,200 $69,800
2018 $2,777 $80,000 $10,200 $69,800
2017 $2,914 $77,000 $6,400 $70,600
2016 $2,878 $77,000 $6,400 $70,600
2015 -- $77,000 $6,400 $70,600
2014 -- $77,000 $6,400 $70,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1531395

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042089-094-070-0001-027-000-0000