$62,500
SOLD MAY 3, 2019

2002 W Sullivan St Olean, NY 14760

2 Beds
1 Bath
1,257 Sq Ft
10,800 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

11% Below List Price

160 Days on Market

Highlights

  • Old Style Architecture
  • Corner Lot
  • Breakfast Bar
  • Full Attic
  • Forced Air Cooling System
  • Living Room

About This Home

As of March 2020

Quaint 2 bedroom ranch located on a dead end street with large fenced in yard makes this home a great find. Newly updated kitchen with plenty of cupboards and counter space. Bathroom has been redone with upgraded vanity and floors. Large and inviting family room with sliding glass doors that lead to a great back deck and yard. Living room is spacious and a great space to entertain. Don't miss out. Make your appointment today to tour this home.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 10/29/2018

Howard Hanna Professionals - Olean

Last Buyer's Agent

Todd VanDyke

Listing by RE/MAX On Point License #10491212754

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1947

Lot Details

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

Parking

  • No Garage

Home Design

  • Old Style Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,257 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Gas Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Pull Down Stairs to Attic

Schools

  • Washington West Elementary School

Utilities

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

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

$2,746

Year Built

Built in 1947

Lot Details

0

Listing Details

  • 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: Corner Lot, Neighborhood Street
  • Lot Number: 3
  • Nearest Cross Street: 24th Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 252117.79
  • Ratio Close Price By Sq Ft: 49.72
  • Ratio List Price By Acres: 281968.54
  • Ratio List Price By Sq Ft: 55.61
  • Regional Board Code: Rochester
  • School Tax: 1292
  • Styles of Residence: Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 10800
  • Age of Building: 75
  • Year Built: 1947
  • Directions To Property: From W State St. turn onto North 24th street. Take right onto W. Sullivan. House is last on the left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Family Room, Laundry-1st Floor, Living Room
  • Attic Description: Full, Pull Down Stairs
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Bar
  • 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
  • Number of Acres: 0.2479

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary

Lot Info

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

Tax Info

  • Total Taxes: 2746

MLS Schools

  • Elementary School Name: Washington West Elementary
  • 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
Premier Listings Real Estate
List Price
$67,500
Sold Price
$60,000
Premium/Discount to List
-$7,500
-11.11%
Current Estimated Value
$98,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,495
Avg. Annual Appreciation
9.02%
Original Mortgage
$48,000
Outstanding Balance
$42,798
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$52,680

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
Premier Listings Real Estate
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
$42,798
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$52,680

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

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Range of Values:

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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
Deed $60,000 None Available
Deed $60,000 None Available
Deed $62,500 None Available
Deed $62,500 None Available
Deed $50,000 Daniel R. Palumbo
Deed $53,000 Wendy Peterson
Foreclosure Deed $99,388 Rosicki, Rosicki & Assoc.
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 Stand Alone Refi Refinance Of Original Loan
Closed $48,000 New Conventional
Previous Owner $52,040 New Conventional
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: 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 $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: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1157431

Chautauqua-Cattaraugus Board of REALTORS®

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