NOT LISTED FOR SALE

1883 W Franklin St Olean, NY 14760

Estimated Value: $163,000 - $210,000

3 Beds
2 Baths
1,108 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 24, 2012

Last sale price $85,000 $77 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,156/month

99 Days on Market

Highlights

  • Indoor Pool
  • Wood Flooring
  • Solid Surface Countertops
  • Deck
  • Full Attic
  • 1 Car Attached Garage

About This Home

As of January 2012

Great curb appeal for this 3 bedroom 2 full bath ranch home in a desirable neighborhood. Beautiful Thomasville cabinets with new countertops, laundry on the first floor for convenience with its own work area, closets galore so storage is not a problem in this home. Great space in the basement with a dry bar for entertaining. Attic can be made into a great master suit or used for extra storage. Inground pool with its own cabana. All this and more. Priced in the $80's so don't wait to look and make your offer. Come see it today.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 08/15/2011

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 125 x 90
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,108 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Full Attic
  • Pull Down Stairs to Attic
  • Unfinished Attic

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 042089-094-061-0002-021-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,992

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 61
  • NY Swis Code: Allegany-042089
  • Total Assessed Value: 82000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 90
  • Lot Information: Neighborhood Street
  • L P Per Acre: 342307.6900
  • List Price per Sq Ft: 80.3249
  • Nearest Cross Street: Cranberry
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 326923.08
  • Ratio Close Price By Sq Ft: 76.71
  • Ratio List Price By Acres: 342307.69
  • Ratio List Price By Sq Ft: 80.32
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1507
  • Sale Price List Price: 0.9550
  • S P Per Acre: 326923.0800
  • S P Per Sq Ft: 76.7148
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Value Range Search Low Price: 89000.00
  • Year Built Description: Existing
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: From Olean take West State St towards Allegany to Franklin Street. Take right at the Qwik Fill .
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Dry Bar, Indoor Pool, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Foyer/Entry Hall, Laundry-1st Floor, Living Room
  • Attic Description: Full, Pull Down Stairs, Unfinished
  • Basement Description: Full, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Microwave, Refrigerator
  • Kitchen Dining Description: Eat-In, Pantry, Solid Surface Counter
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 5
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1108

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Partially Fenced Yard, Pool-In Ground
  • Number of Acres: 0.2600

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Multi-Zone
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

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

Lot Info

  • Parcel Number: 042089-094-061-0002-021-000-0000

Tax Info

  • Total Taxes: 2992

MLS Schools

  • Elementary School Name: Allegany Elementary
  • High School Name: Allegany-Limestone High
  • Middle School Name: Allegany-Limestone Middle
  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2011
Closed on
Jan 19, 2012
Sold by
Funden Michael
Bought by
Schofield Thomas
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Total Days on Market
99
Current Estimated Value
$176,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,209
Avg. Annual Appreciation
5.67%
Original Mortgage
$80,750
Outstanding Balance
$56,355
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,488

Purchase Details

Closed on
Oct 22, 2003
Sold by
Davis Gerald-C Elizabeth
Bought by
Funden Michael

Purchase Details

Closed on
Oct 21, 2003
Sold by
Davis Gerald-C Elizabeth
Bought by
Funden Michael

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
Schofield Thomas $85,000 Wendy Peterson
Funden Michael $82,500 William H. Mountain Iii
Funden Michael $82,500 William H Mountain Iii
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schofield Thomas $80,750
Previous Owner Funden Michael $15,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2012 01/24/12 Sold $85,000 -4.5% $77 / Sq Ft
11/22/2011 11/22/11 Pending -- -- --
08/15/2011 08/15/11 For Sale $89,000 -- $80 / 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 $2,149 $89,000 $9,600 $79,400
2023 $2,148 $89,000 $9,600 $79,400
2022 $2,008 $89,000 $9,600 $79,400
2021 $2,935 $89,000 $9,600 $79,400
2020 $1,540 $89,000 $9,600 $79,400
2019 $916 $89,000 $9,600 $79,400
2018 $1,548 $89,000 $9,600 $79,400
2017 $2,212 $82,000 $5,600 $76,400
2016 $2,182 $82,000 $5,600 $76,400
2015 -- $82,000 $5,600 $76,400
2014 -- $82,000 $5,600 $76,400
Source: Public Records

Agents Affiliated with this Home

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

MLS Number: B392592

Western New York Real Estate Information Services (WNYREIS)

APN: 042089-094-061-0002-021-000-0000