$84,000
SOLD JUL 15, 2024

2003 W Sullivan St Olean, NY 14760

3 Beds
1 Bath
1,460 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

27% Below List Price

111 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Solid Surface Countertops
  • Main Floor Bedroom
  • Sun or Florida Room
  • Cul-De-Sac

About This Home

As of July 2024

Discover the epitome of modern comfort and convenience in this privately situated home, just steps away from Olean's premier shopping center. Boasting Corian countertops and a thoughtful layout, the kitchen invites culinary adventures while the outdoor spaces, including a covered deck, large deck, and front porch, offer the perfect venues for relaxation and entertaining. Recent updates, including a new lower portion of the roof installed in February 2024, ensure worry-free living, while the two bedrooms upstairs, one downstairs, and first-floor laundry room provide practicality and ease.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 02/13/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Ciji VanDyke

Listing by RE/MAX On Point License #40SH1133987

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1920

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Cul-De-Sac
  • Historic Home

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Separate Formal Living Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 041200-094-063-0001-003-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,247

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Attribution Contact: 716-378-7039
  • ResoLaundryFeatures: Main Level
  • Lot Features: Cul-De-Sac, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Route 417 turn onto N 24th Street, turn onto W Sullivan St, the property is on the right
  • Architectural Style: Historic/Antique
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, Separate/Formal Living Room, Sliding Glass Door(s), Solid Surface Counters, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2296
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-063-0001-003-000-0000
  • Lot Dimensions: 80X125
  • Lot Size Sq Ft: 10000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3247.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Washington West Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Jul 11, 2024
Sold by
Siminski Patricia A
Bought by
Redeye Sarah R
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$114,900
Sold Price
$84,000
Premium/Discount to List
-$30,900
-26.89%
Views
138
Current Estimated Value
$90,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,630
Avg. Annual Appreciation
8.51%
Original Mortgage
$86,120
Outstanding Balance
$85,473
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,157

Purchase Details

Closed on
May 22, 1998
Sold by
Richardson Ii Howard G
Bought by
Richardson Patricia A
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
Warranty Deed $84,000 None Available
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $86,120 Purchase Money Mortgage
Previous Owner $4,979 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $84,000 -15.9% $58 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $99,900 -9.1% $68 / Sq Ft
02/23/2024 02/23/24 Price Changed $109,900 -4.4% $75 / Sq Ft
02/13/2024 02/13/24 For Sale $114,900 -- $79 / 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 $1,696 $60,000 $8,000 $52,000
2023 $2,259 $60,000 $8,000 $52,000
2022 $2,291 $60,000 $8,000 $52,000
2021 $2,358 $60,000 $8,000 $52,000
2020 $1,733 $60,000 $8,000 $52,000
2019 $901 $60,000 $8,000 $52,000
2018 $2,595 $60,000 $8,000 $52,000
2017 $1,756 $60,000 $8,000 $52,000
2016 $1,712 $60,000 $8,000 $52,000
2015 -- $60,000 $8,000 $52,000
2014 -- $60,000 $8,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1521163

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-063-0001-003-000-0000