NOT LISTED FOR SALE

2002 W Sullivan St Olean, NY 14760

Estimated Value: $85,138 - $102,000

2 Beds
1 Bath
1,257 Sq Ft
$72/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $60,000 $48 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $638/month

144 Days on Market

Highlights

  • Bonus Room
  • Country Kitchen
  • Forced Air Cooling System
  • Fenced Yard
  • Porch
  • Patio

About This Home

As of March 2020

Tour this move-in ready and well maintained home today! Close to many amenities and walking distance to Archbishop Walsh High School. Very private location off a dead end neighborhood street! Interior features include two spacious bedrooms, one full updated bathroom, large family room, and a kitchen/dining combo. Forced air central heat and gas appliances for energy efficiency! Exterior highlights include a blacktop driveway, fully fenced yard, shed for storage, front porch, and a rear patio to enjoy the back yard! Low taxes and low utilities make this home perfect for a first time home-buyer, down-sizer, investor, or to be used as a rental property. Call to schedule a private tour today!

Last Agent to Sell the Property

Todd VanDyke

Listing by RE/MAX On Point License #10491212754 Listed on: 09/09/2019

RE/MAX On Point

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 1947

Lot Details

  • 10,800 Sq Ft Lot
  • Lot Dimensions are 135 x 80
  • Fenced Yard

Parking

  • No Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,257 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Bonus Room
  • Crawl Space
  • Unfinished Attic

Kitchen

  • Country Kitchen
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 041200-094-055-0001-003-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,730

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 80
  • Lot Information: Neighborhood Street
  • Lot Number: 3
  • Nearest Cross Street: Route 417
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 242033.08
  • Ratio Close Price By Sq Ft: 47.73
  • Ratio List Price By Acres: 262000.81
  • Ratio List Price By Sq Ft: 51.67
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 1316
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 10800
  • Age of Building: 75
  • Year Built: 1947
  • Directions To Property: Follow Route 417 to N24th Street. Right onto Sullivan. Property is located on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Family Room, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Stair Access, Unfinished
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Negotiable, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1257

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, High Speed Internet, Patio, Private Yard - see Remarks
  • Number of Acres: 0.2479

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Programmable Thermostat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-055-0001-003-002-0000

Tax Info

  • Total Taxes: 2730

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
Sep 9, 2019
Closed on
Mar 19, 2020
Sold by
The Excelsior Tru Dated 5 and The Excelsior Trus 212013
Bought by
Prior David L
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$67,500
Sold Price
$60,000
Premium/Discount to List
-$7,500
-11.11%
Current Estimated Value
$91,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,035
Avg. Annual Appreciation
9.39%
Original Mortgage
$48,000
Outstanding Balance
$42,614
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$55,881

Purchase Details

Listed on
Sep 9, 2019
Closed on
Mar 18, 2020
Sold by
The Excelsior Tru Dated 5 and The Excelsior Trus 212013
Bought by
Prior David L
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$67,500
Sold Price
$60,000
Premium/Discount to List
-$7,500
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Outstanding Balance
$42,614
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$55,881

Purchase Details

Listed on
Oct 29, 2018
Closed on
Apr 30, 2019
Sold by
James Nichelle
Bought by
The Excelsior Trust
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Todd VanDyke
RE/MAX On Point
List Price
$69,900
Sold Price
$62,500
Premium/Discount to List
-$7,400
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.53%

Purchase Details

Listed on
Feb 13, 2014
Closed on
Aug 4, 2014
Sold by
Mooney Connie M
Bought by
James Nichele
Seller's Agent
Maureen Batesky
No Office Affiliation
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$52,000
Sold Price
$50,000
Premium/Discount to List
-$2,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$52,040
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
Federal National Mortgage Association
Bought by
Glenn Pauline

Purchase Details

Closed on
Oct 7, 2007
Sold by
Doroshkevich Vita
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 23, 2002
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
Prior David L $60,000 None Available
Prior David L $60,000 None Available
The Excelsior Trust $62,500 None Available
The Excelsior Trust $62,500 None Available
James Nichele $50,000 Daniel R. Palumbo
Glenn Pauline $53,000 Wendy Peterson
Federal National Mortgage Association $99,388 Rosicki, Rosicki & Assoc.
-- -- --
Bush Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Excelsior Trust $48,000
Closed Prior David L $48,000
Previous Owner James Nichele $52,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $60,000 -7.6% $48 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
10/08/2019 10/08/19 Price Changed $64,950 -3.8% $52 / Sq Ft
09/09/2019 09/09/19 For Sale $67,500 +8.0% $54 / Sq Ft
05/03/2019 05/03/19 Sold $62,500 -10.6% $50 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $69,900 0.0% $56 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $69,900 +39.8% $56 / Sq Ft
08/07/2014 08/07/14 Sold $50,000 -3.8% $40 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $52,000 -- $41 / 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 $1,888 $50,000 $8,300 $41,700
2023 $1,882 $50,000 $8,300 $41,700
2022 $1,910 $50,000 $8,300 $41,700
2021 $1,965 $50,000 $8,300 $41,700
2020 $1,978 $50,000 $8,300 $41,700
2019 $751 $50,000 $8,300 $41,700
2018 $2,056 $50,000 $8,300 $41,700
2017 $1,351 $50,000 $8,300 $41,700
2016 $1,311 $50,000 $8,300 $41,700
2015 -- $50,000 $8,300 $41,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1223963

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-055-0001-003-002-0000