NOT LISTED FOR SALE

1918 Melody Ln Olean, NY 14760

Estimated Value: $82,000 - $142,000

2 Beds
1 Bath
1,172 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $57,240 $49 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $681/month

24 Days on Market

Highlights

  • Deck
  • Full Attic
  • Corner Lot
  • Portville Elementary School Rated A-
  • Heated Sun or Florida Room
  • 2 Car Detached Garage

About This Home

As of June 2017

Great Location for this cozy 2 bedroom ranch home with 2 car garage. Newer windows throughout, with new flooring in the living room and both bedrooms. Enjoy the enclosed sun porch for extra living space. Living room has built in cabinet for extra shelving. Kitchen is eat in with plenty of cupboard space. Relax on the covered porch and enjoy what country living has to offer. Whether buying your first home or downsizing; this home is the perfect fit. Set up your private tour today.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 03/06/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Donna Caddell

Listing by No Office Affiliation License #40CA0805634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1955

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 150 x 120
  • Rural Setting
  • Corner Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 1,172 Sq Ft Home
  • 1-Story Property
  • Heated Sun or Florida Room
  • Laminate Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 047489-095-013-0001-004-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,558

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Portville-047489
  • Total Assessed Value: 39000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 120
  • Lot Information: Corner Lot, Rural Road
  • Nearest Cross Street: Dugan Road
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 138528.56
  • Ratio Close Price By Sq Ft: 48.84
  • Ratio List Price By Acres: 144966.12
  • Ratio List Price By Sq Ft: 51.11
  • Regional Board Code: Buffalo
  • School Tax: 899
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 18000
  • Age of Building: 67
  • Year Built: 1955
  • Directions To Property: Dugan to Happy Hollow to Melody Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Florida/Sun Room- Heated, Laundry-1st Floor, Porch - Open
  • Attic Description: Full, Pull Down Stairs
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In
  • 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: 1172

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 0.4132

Garage/Parking

  • Driveway Description: Stone/Gravel
  • 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

Lot Info

  • Parcel Number: 047489-095-013-0001-004-000-0000

Tax Info

  • Total Taxes: 1558

MLS Schools

  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Jun 14, 2017
Sold by
Barnes Lawrence
Bought by
Walker Sean
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Donna Caddell
No Office Affiliation
List Price
$59,900
Sold Price
$57,240
Premium/Discount to List
-$2,660
-4.44%
Current Estimated Value
$103,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,661
Avg. Annual Appreciation
7.21%
Original Mortgage
$56,200
Outstanding Balance
$46,747
Interest Rate
4.02%
Mortgage Type
FHA
Estimated Equity
$57,154

Purchase Details

Listed on
Feb 20, 2013
Closed on
Jul 24, 2013
Sold by
Smith William
Bought by
Barnes Lawrence
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Oct 25, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walker Sean -- John C. Garas
Barnes Lawrence $45,000 Karen Perrigo
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Sean $56,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2017 06/07/17 Sold $57,240 -4.4% $49 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $59,900 +33.1% $51 / Sq Ft
07/30/2013 07/30/13 Sold $45,000 -18.2% $38 / Sq Ft View Prior Sale
05/16/2013 05/16/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $55,000 -- $47 / 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 $1,666 $39,000 $8,000 $31,000
2023 $1,637 $39,000 $8,000 $31,000
2022 $1,583 $39,000 $8,000 $31,000
2021 $1,617 $39,000 $8,000 $31,000
2020 $2,471 $39,000 $8,000 $31,000
2019 $8 $39,000 $8,000 $31,000
2018 $2,490 $39,000 $8,000 $31,000
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2017

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    19 in this area

    237 Total Sales

    Kelly Patrone
    Section Image

  • D

    Buyer's Agent in 2017

    Donna Caddell

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1029962

Western New York Real Estate Information Services (WNYREIS)

APN: 047489-095-013-0001-004-000-0000

New York Cattaraugus County Olean 14760

1918 Melody Ln, Olean, NY

Not Listed for Sale

Detached

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