$71,000
SOLD MAR 18, 2025

1963 Michigan Ave Olean, NY 14760

2 Beds
1.5 Baths
1,392 Sq Ft
0.37 Acres

Recently Sold

$51 Per Sq Ft

11% Below List Price

143 Days on Market

Highlights

  • 0.37 Acre Lot
  • Main Floor Bedroom
  • Bonus Room
  • Wood Flooring
  • Separate Formal Living Room
  • Breakfast Area or Nook

About This Home

As of March 2025

Conveniently located off of Route 16, this 2 bed 1 1/2 bath home features a newer kitchen and windows!
Perfect entrance area to drop your shoes, hang your coat, and step right into the comforting living room. Dining room opens to the back yard which features a deck with gazebo area and large private yard. This home is an Estate and is being sold as is.

Last Agent to Sell the Property

Amy Henzel

Listing by ERA Team VP Real Estate Brokerage Phone: 716-560-8624 License #10401317441 Listed on: 10/26/2024

Last Buyer's Agent

Jennifer Hobson

Listing by WNY Metro Roberts Realty License #40GU1118030

WNY Metro Roberts Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1958

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 64x253

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Home Design

  • Split Level Home
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Bonus Room
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 046600-085-019-0001-020-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,042

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1958
  • Attribution Contact: 716-560-8624
  • ResoLaundryFeatures: Main Level
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Route 16 Turn on to Michigan Avenue
  • Architectural Style: Split Level
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Breakfast Area, Separate/Formal Living Room, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.373
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Dirt Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Hinsdale

Lot Info

  • Parcel Number: 046600-085-019-0001-020-000-0000
  • Lot Dimensions: 64X253
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2042.0
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Mar 6, 2025
Sold by
Kremer Victoria A Est and Kremer
Bought by
Harvey Daniel and Feldman Teresa
Seller's Agent
Amy Henzel
ERA Team VP Real Estate
Buyer's Agent
Jennifer Hobson
WNY Metro Roberts Realty
List Price
$79,900
Sold Price
$71,000
Premium/Discount to List
-$8,900
-11.14%
Views
120
Current Estimated Value
$89,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,635
Avg. Annual Appreciation
31.13%
Original Mortgage
$63,900
Outstanding Balance
$63,573
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$26,062

Purchase Details

Closed on
Dec 2, 2005
Sold by
State Of Ny Mortgage
Bought by
Kremer Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Carapellatti Kim
Bought by
State Of Ny Mortgage Agency

Purchase Details

Closed on
Oct 7, 1995
Sold by
Simms Executors and Simms Nenno Clair Ha
Bought by
Oakes Dorothy

Purchase Details

Closed on
Oct 5, 1995
Sold by
Stasierowski Daniel W and Stasierowski Kara L
Bought by
Carapellatti Kim M
Source: Public Records
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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
Executors Deed $71,000 None Available
Deed $35,000 J. Michael Shane
Foreclosure Deed $42,462 Steven` Baum
Deed -- --
Deed $38,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,900 New Conventional
Previous Owner $31,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2025 03/18/25 Sold $71,000 +1.6% $51 / Sq Ft
01/07/2025 01/07/25 Price Changed $69,900 -12.5% $50 / Sq Ft
10/26/2024 10/26/24 For Sale $79,900 -- $57 / 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 $1,681 $53,100 $7,600 $45,500
2023 $1,572 $53,100 $7,600 $45,500
2022 $1,546 $53,100 $7,600 $45,500
2021 $2,020 $53,100 $7,600 $45,500
2020 $940 $53,100 $7,600 $45,500
2019 $369 $53,100 $7,600 $45,500
2018 $1,239 $53,100 $7,600 $45,500
2017 $1,297 $53,100 $7,600 $45,500
2016 $1,288 $53,100 $7,600 $45,500
2015 -- $53,100 $7,600 $45,500
2014 -- $53,100 $7,600 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1574380

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-085-019-0001-020-000-0000