$85,000
SOLD FEB 23, 2012

1864 Cherry St Olean, NY 14760

3 Beds
2 Baths
2,520 Sq Ft
0.96 Acres

Recently Sold

$34 Per Sq Ft

23% Below List Price

12 Days on Market

Highlights

  • 0.96 Acre Lot
  • Balcony
  • Porch
  • Deck
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of August 2020

Very well maintained three bedroom two and a half baths ranch style house located just outside the city in the Town of Olean (first house outside City)House features three bedrooms on main floor with two baths, covered porch at the rear and deck of the front. Newly built two car garage, partially fenced in back yard. Roof on house and front deck 4yrs old.

Last Agent to Sell the Property

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 09/07/2011

Howard Hanna Professionals - Olean

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 09/07/2011

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1993

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 280 x 150
  • Front Green Space
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 046600-094-016-0001-088-009-0000

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,532

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Age: 18
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 85000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 280
  • Lot Dimension Front: 150
  • Lot Information: Green Area
  • L P Per Acre: 114479.1700
  • List Price per Sq Ft: 43.6111
  • Nearest Cross Street: Goodrich
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 88541.67
  • Ratio Close Price By Sq Ft: 33.73
  • Ratio List Price By Acres: 114479.17
  • Ratio List Price By Sq Ft: 43.61
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2580
  • Sale Price List Price: 0.7734
  • S P Per Acre: 88541.6700
  • S P Per Sq Ft: 33.7301
  • Styles of Residence: Modular, Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 109900.00
  • Year Built Description: Existing
  • Age of Building: 29
  • Year Built: 1993
  • Directions To Property: Turn onto Cherry St from Seneca drive to corner of Cherry/Goodrich, house on right corner.
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Laundry-1st Floor, Living Room, Master Bedroom Bath, Porch - Open
  • Basement Description: Finished, Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2520

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Deck, Garage Door Opener, Partially Fenced Yard
  • Number of Acres: 0.9600

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-094-016-0001-088-009-0000

Tax Info

  • Total Taxes: 4532

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jul 24, 2020
Sold by
Nitsche Jenny L
Bought by
Misenheimer Robert and Misenheimer Rebecca
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
Current Estimated Value
$235,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,107
Avg. Annual Appreciation
21.62%

Purchase Details

Listed on
Sep 7, 2011
Closed on
Feb 16, 2012
Sold by
Dake Harold W
Bought by
Nitshe Jenny
Seller's Agent
Jon Farleo
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$96,938
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
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 -- None Available
Deed $85,000 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $44,500 Stand Alone Refi Refinance Of Original Loan
Closed $25,000 Credit Line Revolving
Previous Owner $96,938 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $85,000 -10.5% $34 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
05/18/2020 05/18/20 Price Changed $95,000 -17.4% $38 / Sq Ft
02/10/2020 02/10/20 For Sale $115,000 +35.3% $46 / Sq Ft
02/23/2012 02/23/12 Sold $85,000 -22.7% $34 / Sq Ft
09/19/2011 09/19/11 Pending -- -- --
09/07/2011 09/07/11 For Sale $109,900 -- $44 / 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 $7,455 $85,000 $9,700 $75,300
2023 $5,109 $85,000 $9,700 $75,300
2022 $5,007 $85,000 $9,700 $75,300
2021 $4,973 $85,000 $9,700 $75,300
2020 $4,350 $85,000 $9,700 $75,300
2019 $1,946 $85,000 $9,700 $75,300
2018 $4,335 $85,000 $9,700 $75,300
2017 $4,177 $85,000 $9,700 $75,300
2016 $3,925 $85,000 $9,700 $75,300
2015 -- $85,000 $9,700 $75,300
2014 -- $85,000 $9,700 $75,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B393945

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-094-016-0001-088-009-0000