NOT LISTED FOR SALE

1871 Willard St Olean, NY 14760

Estimated Value: $143,000 - $206,709

3 Beds
1 Bath
1,014 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $80,500 $79 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,088/month

165 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Wood Flooring
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of May 2012

You'll be charmed by the excellent condition of this ranch home.Numerous updates include the kitchen and bathroom with ceramic tile floors,new cabinets & countertops.Living room with a bow window and wood floors, dining room with french doors,large master bedroom. Home painted throughout with crown molding added. The basement has 3 rooms, largest with woodburning fireplace and walk-out,a laundry room,and one with knotty pine ceilings. Vinyl siding,new windows and a deck in the rear to enjoy your spacious backyard. Conveniently located near the University & shopping. It's a buy...come see!!

Last Agent to Sell the Property

Lynda Hood

Listing by No Office Affiliation License #10301201708 Listed on: 10/17/2011

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 62x137
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 042089-094-061-0001-021-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,518

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1958
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Route 417 Allegany to Willard St.
  • Architectural Style: Ranch
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Living Room, Living/Dining Room, Bedroom on Main Level, Main Level Primary
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Fence
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway

Utilities

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

Schools

  • Junior High Dist: Allegany-Limestone

Lot Info

  • Parcel Number: 042089-094-061-0001-021-000-0000
  • Lot Dimensions: 62X137
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2518.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2011
Closed on
May 8, 2012
Sold by
Ricci Adam
Bought by
Connor William
Seller's Agent
Lynda Hood
No Office Affiliation
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$80,500
Premium/Discount to List
-$9,400
-10.46%
Current Estimated Value
$167,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,177
Avg. Annual Appreciation
5.43%
Original Mortgage
$72,450
Outstanding Balance
$12,275
Interest Rate
3.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,405

Purchase Details

Closed on
Dec 18, 2007
Sold by
Nicoletta Estate Mary
Bought by
Ricci Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1996
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
Connor William $80,500 Daniel Palumbo
Ricci Adam $58,000 Daniel R Palumbo
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor William $72,450
Previous Owner Ricci Adam M $76,000
Previous Owner Ricci Adam $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $80,500 -10.5% $79 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
10/17/2011 10/17/11 For Sale $89,900 -- $89 / 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 $1,941 $85,000 $8,100 $76,900
2023 $2,937 $85,000 $8,100 $76,900
2022 $2,768 $85,000 $8,100 $76,900
2021 $2,803 $85,000 $8,100 $76,900
2020 $2,402 $85,000 $8,100 $76,900
2019 $687 $85,000 $8,100 $76,900
2018 $2,438 $85,000 $8,100 $76,900
2017 $2,080 $69,000 $5,200 $63,800
2016 $2,049 $69,000 $5,200 $63,800
2015 -- $69,000 $5,200 $63,800
2014 -- $69,000 $5,200 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B396405

Western New York Real Estate Information Services (WNYREIS)

APN: 042089-094-061-0001-021-000-0000