$19,500
SOLD JAN 17, 2017

189 Grossman Ave Olean, NY 14760

3 Beds
1 Bath
665 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • Wall to Wall Carpet
  • Porch
  • Baseboard Heating
  • 1-Story Property

About This Home

As of October 2017

Bank owned home. 1 floor living with 3 bedrooms and 1 full bath. Reasonably priced, Nice backyard.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 01/05/2017

Co-Listed By

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 100 x 50
  • Corner Lot

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 665 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Porch

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-075-0002-040-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 35000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 50
  • Lot Information: Corner Lot
  • Nearest Cross Street: East State St
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 169860.63
  • Ratio Close Price By Sq Ft: 29.32
  • Ratio List Price By Acres: 173344.95
  • Ratio List Price By Sq Ft: 29.92
  • Regional Board Code: Buffalo
  • School Tax: 914
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 5000
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: East State Street to Grossman Avenue, go down street on left.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 665

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1148

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

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: 041200-094-075-0002-040-000-0000

Tax Info

  • Total Taxes: 1897

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
May 9, 2017
Closed on
Oct 5, 2017
Sold by
Kurjakovic Cindy
Bought by
Piccirillo Teresa
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$44,900
Sold Price
$33,500
Premium/Discount to List
-$11,400
-25.39%
Current Estimated Value
$65,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,272
Avg. Annual Appreciation
8.62%
Original Mortgage
$31,995
Outstanding Balance
$27,016
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$37,001

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jan 31, 2017
Sold by
Credit Union Olean Area Federal
Bought by
Kurjakovic Cindy
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$19,900
Sold Price
$19,500
Premium/Discount to List
-$400
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.03%

Purchase Details

Listed on
Jan 5, 2017
Closed on
Dec 7, 2016
Sold by
Martin Adam
Bought by
Credit Union Olean Area Federal
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$19,900
Sold Price
$19,500
Premium/Discount to List
-$400
-2.01%

Purchase Details

Closed on
Jun 3, 2010
Sold by
Ricci John
Bought by
Martin Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2005
Sold by
Mishanec Walter
Bought by
Ricci John

Purchase Details

Closed on
Apr 6, 1999
Sold by
Eisert Contracting Corp
Bought by
Cutco Cutlery Corporation
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
Deed $33,500 Nicholas Dicerbo, Jr.
Deed -- Michael Morgan
Foreclosure Deed $35,000 Michael A. Morgan
Deed $45,000 Daniel Palumbo
Deed $20,000 Daniel Palumbo
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $31,995 New Conventional
Previous Owner $42,750 Purchase Money Mortgage
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $33,500 -16.0% $50 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/12/2017 06/12/17 Price Changed $39,900 -11.1% $60 / Sq Ft
05/09/2017 05/09/17 For Sale $44,900 +130.3% $68 / Sq Ft
01/17/2017 01/17/17 Sold $19,500 -2.0% $29 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $19,900 -- $30 / 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 $1,321 $35,000 $5,500 $29,500
2023 $1,318 $35,000 $5,500 $29,500
2022 $1,337 $35,000 $5,500 $29,500
2021 $1,375 $35,000 $5,500 $29,500
2020 $1,385 $35,000 $5,500 $29,500
2019 $525 $35,000 $5,500 $29,500
2018 $1,921 $35,000 $5,500 $29,500
2017 $1,419 $35,000 $5,500 $29,500
2016 $709 $35,000 $5,500 $29,500
2015 -- $35,000 $5,500 $29,500
2014 -- $35,000 $5,500 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1019745

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-075-0002-040-000-0000