NOT LISTED FOR SALE

1939 Godfrey Hollow Rd Olean, NY 14760

Estimated Value: $104,000 - $122,000

2 Beds
1 Bath
1,056 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 23, 2012

Last sale price $62,000 $59 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $700/month

118 Days on Market

Highlights

  • Indoor Spa
  • Deck
  • Wood Flooring
  • 0.4 Acre Lot
  • Cathedral Ceiling
  • Bonus Room

About This Home

As of January 2012

If you are looking for a ranch just outside the city than look no further. This two bedroom and one bathroom ranch is completely remodeled. With granite countertops and hardwood floors. A brand new deck out back with a great view of a passing brook. The deck leads to a hot tub room. Call DBP Realty today for more information.

Last Agent to Sell the Property

William Hendrickson

Listing by No Office Affiliation Listed on: 08/02/2011

Last Buyer's Agent

William Hendrickson

Listing by No Office Affiliation Listed on: 08/02/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1960

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 150 x 115

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Sliding Doors
  • Combination Kitchen and Living
  • Breakfast Room
  • Bonus Room
  • Indoor Spa

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 046600-085-004-0002-013-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Age: 51
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 35000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 115
  • Lot Information: Rural Road, Water View
  • L P Per Acre: 174750.0000
  • List Price per Sq Ft: 66.1931
  • Nearest Cross Street: Route 16
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 155000.00
  • Ratio Close Price By Sq Ft: 58.71
  • Ratio List Price By Acres: 174750.00
  • Ratio List Price By Sq Ft: 66.19
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 715
  • Sale Price List Price: 0.8869
  • S P Per Acre: 155000.0000
  • S P Per Sq Ft: 58.7121
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 62
  • Year Built: 1960
  • Directions To Property: Route 16 North to Godfrey Hollow. Look for DBP Realty sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Cathedral Ceiling, Circuit Breakers - Some, Hot Tub, Sliding Glass Door
  • Additional Rooms: Bonus Room
  • Attic Description: Crawl Space
  • Basement Description: Slab
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Breakfast Bar, Breakfast Room, Eat-In, Granite Counter, Island, Kitchen/Family Room Combo
  • 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: 1056

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Deck
  • Number of Acres: 0.4000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-085-004-0002-013-000-0000

Tax Info

  • Total Taxes: 1474

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2011
Closed on
Jan 20, 2012
Sold by
Schachter Corey
Bought by
Eaton Brianna
Seller's Agent
William Hendrickson
No Office Affiliation
Buyer's Agent
William Hendrickson
No Office Affiliation
List Price
$72,900
Sold Price
$62,000
Premium/Discount to List
-$10,900
-14.95%
Current Estimated Value
$114,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,847
Avg. Annual Appreciation
4.59%
Original Mortgage
$70,408
Outstanding Balance
$48,270
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$66,577

Purchase Details

Closed on
Aug 14, 2009
Sold by
Gee Michael
Bought by
Schachter Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,025
Interest Rate
5.36%
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 Buyer Sale Price Title Company
Eaton Brianna $65,000 Gregory E Shemeld
Schachter Corey $49,500 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eaton Brianna $70,408
Previous Owner Schachter Corey $47,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2012 01/23/12 Sold $62,000 -15.0% $59 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
08/02/2011 08/02/11 For Sale $72,900 -- $69 / 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 $1,092 $35,000 $3,100 $31,900
2023 $1,321 $35,000 $3,100 $31,900
2022 $1,312 $35,000 $3,100 $31,900
2021 $1,331 $35,000 $3,100 $31,900
2020 $1,052 $35,000 $3,100 $31,900
2019 $144 $35,000 $3,100 $31,900
2018 $1,033 $35,000 $3,100 $31,900
2017 $945 $35,000 $3,100 $31,900
2016 $934 $35,000 $3,100 $31,900
2015 -- $35,000 $3,100 $31,900
2014 -- $35,000 $3,100 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B391633

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-085-004-0002-013-000-0000