NOT LISTED FOR SALE

1796 Cherry St Olean, NY 14760

Estimated Value: $96,000 - $163,000

2 Beds
1 Bath
864 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $80,000 $93 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $997/month

3 Days on Market

Highlights

  • Deck
  • Living Room
  • Baseboard Heating
  • 1 Car Attached Garage
  • Shed
  • High Speed Internet

About This Home

As of June 2023

Check out this well-kept Ranch home located in a quiet, beautiful neighborhood in East Olean. This 2-bedroom, 1 bath home features a spacious living room area. A separate utility room includes the washer and dryer. This home also has a single car attached garage. A large deck looks out over a peaceful and nice sized backyard. There is a ton of potential to make this very well constructed home fit the needs and wants of you and your family. Schedule a showing today! Delayed Negotiations until Friday, 4/14 at 5pm.

Last Agent to Sell the Property

Todd Lowe

Listing by Howard Hanna Professionals - Olean License #10401361881 Listed on: 04/11/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 130 x 84
  • Rectangular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space
  • Scuttle Attic Hole
  • Dryer

Kitchen

  • Gas Range
  • Range Hood
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 046600-094-068-0001-036-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,928

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 51800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 84
  • Lot Information: Neighborhood Street
  • Lot Number: 36
  • Lot Shape: Rectangular
  • Nearest Cross Street: Seneca Ave
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 319106.50
  • Ratio Close Price By Sq Ft: 92.59
  • Ratio List Price By Acres: 318707.62
  • Ratio List Price By Sq Ft: 92.48
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 1845
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 10920
  • Age of Building: 63
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 864
  • Directions To Property: Travel east on Seneca Avenue, turn left on Cherry Street, property is about 450 feet up Cherry Street on the right hand side.
  • Sq Ft Total Pub: 864
  • Attribution Contact: 716.372.1155
  • EnergyEquipment: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Living Room
  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 864

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 0.2507

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 046600-094-068-0001-036-000-0000

Tax Info

  • Total Taxes: 2928

MLS Schools

  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 30, 2023
Sold by
Lorenz Jack A
Bought by
Burt Laura L
Seller's Agent
Todd Lowe
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%
Views
58
Current Estimated Value
$131,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,089
Avg. Annual Appreciation
23.54%
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 Buyer Sale Price Title Company
Burt Laura L $80,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $80,000 +0.1% $93 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $79,900 -- $92 / 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 $3,281 $51,800 $6,100 $45,700
2023 $3,113 $51,800 $6,100 $45,700
2022 $3,051 $51,800 $6,100 $45,700
2021 $3,030 $51,800 $6,100 $45,700
2020 $3,063 $51,800 $6,100 $45,700
2019 $1,596 $51,800 $6,100 $45,700
2018 $3,054 $51,800 $6,100 $45,700
2017 $2,780 $51,800 $6,100 $45,700
2016 $2,801 $51,800 $6,100 $45,700
2015 -- $51,800 $6,100 $45,700
2014 -- $51,800 $6,100 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1463935

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-094-068-0001-036-000-0000