NOT LISTED FOR SALE

202 S 16th St Olean, NY 14760

Estimated Value: $76,000 - $101,000

2 Beds
1 Bath
1,104 Sq Ft
$78/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2023

Last sale price $70,000 $63 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $551 / mo

63 Days on Market

Highlights

  • Wood Flooring
  • Country Kitchen
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

As of June 2023

Come see this affordable two story home located on a double lot in the Town Of Olean. This house is located in a great neighborhood and has a ton of potential. It would be a perfect starter home that has many great features that include a fully fenced-in yard, blacktop driveway, garage, a storage shed, new replacement windows, covered patio and a full basement. Enter the home through the side door that leads into a mud room which is a nice place to store boots and coats. There is a laundry room located off from the kitchen. Nice size dining room that leads into a cozy living room. Upstairs you will find two bedrooms with closets. There is a nice covered front porch to sit and relax during the summer months. The lot size is 0.23 acres. Close to schools, restaurants and places to shop. Excellent opportunity to make this house your own. Great price and is being sold as-is.

Last Agent to Sell the Property

Amy Chan

Listing by Landquest Inc. Brokerage Phone: 585.610.8934 License #10401328741 Listed on: 02/01/2023

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,568

Year Built

  • Built in 1930

Lot Details

  • 10,149 Sq Ft Lot
  • Lot Dimensions are 70x145

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Country Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 041200-094-063-0005-040-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,568

Year Built

Built in 1930

Lot Details

10,149 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1930
  • Attribution Contact: 585.610.8934
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Heading southwest on I-86 W, take exit 25 for Buffalo St. towards Olean, left on Buffalo St., right on N. 12th St., right on W. State St., left on S. 16th St.
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Country Kitchen, Other, See Remarks
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Gas Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.233
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-063-0005-040-000-0000
  • Lot Dimensions: 70X145
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2568.0
  • Tax Lot: 40

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
May 22, 2023
Sold by
Bought by
Seller's Agent
Amy Chan
Landquest Inc.
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$77,900
Sold Price
$70,000
Premium/Discount to List
-$7,900
-10.14%
Views
318
Current Estimated Value
$86,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,297
Avg. Annual Appreciation
7.25%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$70,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/14/2023 06/14/23 Sold $70,000 -10.1% $63 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $77,900 -- $71 / Sq Ft
Source: Cortland County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,249 $49,500 $7,900 $41,600
2024 $3,130 $49,500 $7,900 $41,600
2023 $1,864 $49,500 $7,900 $41,600
2022 $1,890 $49,500 $7,900 $41,600
2021 $1,945 $49,500 $7,900 $41,600
2020 $1,577 $49,500 $7,900 $41,600
2019 $743 $49,500 $7,900 $41,600
2018 $1,481 $49,500 $7,900 $41,600
2017 $794 $49,500 $7,900 $41,600
2016 $779 $49,500 $7,900 $41,600
2015 -- $49,500 $7,900 $41,600
2014 -- $49,500 $7,900 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1453817

Cortland County Board of REALTORS®

APN: 041200-094-063-0005-040-000-0000

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