$220,000
SOLD DEC 2, 2024

1978 Layfield Dr Olean, NY 14760

2 Beds
2 Baths
1,552 Sq Ft
2.75 Acres

Recently Sold

$142 Per Sq Ft

26% Below List Price

311 Days on Market

Highlights

  • 2.75 Acre Lot
  • Cathedral Ceiling
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of December 2024

Cozy two bedroom two bath home in a country setting yet only a mile from the city. This home exudes warmth with a pellet stove in the great room that overlooks the backyard and also a wood fireplace in the main living room. From the dining room the French doors open to the porch that wraps around two sides of the house. Floor plan was configured to provide spacious living with an open floor plan for kitchen, dining and main living room that is great for entertaining. Over two acres of land offers plenty of room for outdoor activities. This home has a beautiful view of visiting deer at the neighbors pond without having the upkeep. The one car attached garage with a concrete car port and three other buildings, one with a lean to off the back, provides more than enough room to store your mower, tools and any recreational vehicles. Also, a new boiler was put in too!

Last Agent to Sell the Property

Rebecca Laborde

Listing by EXP-Premier Listings Team Brokerage Phone: 716-378-5055 License #10401331095 Listed on: 01/25/2024

Last Buyer's Agent

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 1990

Lot Details

  • 2.75 Acre Lot
  • Property fronts a private road

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Slab Foundation
  • Cedar

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Great Room
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Country Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 046600-94.016-1-6.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,660

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1990
  • Attribution Contact: 716-378-5055
  • ResoLaundryFeatures: Main Level
  • Road Frontage Type: Private Road
  • Directions: Turn off Dugan or Cherry St onto Park Ave. Layfield Dr is a right off of Park Ave.
  • Architectural Style: Ranch
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Living Room, Great Room, Country Kitchen, Bedroom on Main Level, Bath in Primary Bedroom
  • Unit Levels: One
  • Efficiency: HVAC
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 2.75
  • Waterfront: No
  • Construction Type: Cedar, Pre-Cast Concrete
  • Exterior Features: Deck, Gravel Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Enclosed, Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 046600-94.016-1-6.1
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5660.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Dec 2, 2024
Sold by
Layfield Ethel M Est and Layfield
Bought by
Hamed Sandra
Seller's Agent
Rebecca Laborde
EXP-Premier Listings Team
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$298,000
Sold Price
$220,000
Premium/Discount to List
-$78,000
-26.17%
Views
421
Current Estimated Value
$223,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,523
Avg. Annual Appreciation
1.04%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Executors Deed $220,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $220,000 -2.2% $142 / Sq Ft
08/28/2024 08/28/24 Price Changed $225,000 -15.1% $145 / Sq Ft
07/30/2024 07/30/24 Price Changed $265,000 -1.9% $171 / Sq Ft
06/17/2024 06/17/24 Price Changed $270,000 -6.3% $174 / Sq Ft
04/03/2024 04/03/24 Price Changed $288,000 -3.4% $186 / Sq Ft
01/25/2024 01/25/24 For Sale $298,000 -- $192 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,199 $94,200 $12,600 $81,600
2023 $5,503 $94,200 $12,600 $81,600
2022 $5,381 $94,200 $12,600 $81,600
2021 $5,511 $94,200 $12,600 $81,600
2020 $2,534 $94,200 $12,600 $81,600
2019 $1,295 $94,200 $12,600 $81,600
2018 $3,427 $94,200 $12,600 $81,600
2017 $2,999 $94,200 $12,600 $81,600
2016 $3,204 $94,200 $12,600 $81,600
2015 -- $94,200 $12,600 $81,600
2014 -- $94,200 $12,600 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1517456

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-094-016-0001-006-001-0000