NOT LISTED FOR SALE

203 S 8th St Olean, NY 14760

Estimated Value: $81,253 - $98,000

3 Beds
1 Bath
1,384 Sq Ft
$65/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $48,654 $35 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $590/month

104 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Baseboard Heating
  • Full Attic
  • Formal Dining Room

About This Home

As of May 2019

Spacious but cozy 3+ bdrm. home with many up-dates but lots of original character. Freshly painted, hardwood floors, new bath, new kitchen floor, new light fixtures and more. Full basement, walk-up attic, fenced back yard. Move in ready. Agent owned $54,900

Last Listed By

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519 Listed on: 12/11/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 75 x 40

Home Design

  • Block Foundation

Interior Spaces

  • 1,384 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Full Attic
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Dirt Driveway

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 041200-094-072-0002-020-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 49500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 75
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 20
  • Nearest Cross Street: West H
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 706153.85
  • Ratio Close Price By Sq Ft: 35.15
  • Ratio List Price By Acres: 796806.97
  • Ratio List Price By Sq Ft: 39.67
  • Regional Board Code: Rochester
  • School Tax: 1279
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3000
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: West State St. to S. 8th
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Basement / Rec Room, Den/Study, Foyer/Entry Hall, Laundry-Basement
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Cooktop - Electric, Refrigerator
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1384

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.0689

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-072-0002-020-000-0000

Tax Info

  • Total Taxes: 2719

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
May 24, 2019
Sold by
Redding Karen F
Bought by
Sakala Mariah L
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$54,900
Sold Price
$48,654
Premium/Discount to List
-$6,246
-11.38%
Total Days on Market
104
Current Estimated Value
$89,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,159
Avg. Annual Appreciation
8.95%
Original Mortgage
$50,076
Outstanding Balance
$45,404
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$35,984

Purchase Details

Listed on
Dec 11, 2018
Closed on
May 22, 2019
Sold by
Redding Karen F
Bought by
Sakala Mariah L
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$54,900
Sold Price
$48,654
Premium/Discount to List
-$6,246
-11.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,076
Outstanding Balance
$45,404
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$35,984

Purchase Details

Listed on
Dec 11, 2018
Closed on
Apr 16, 2019
Sold by
Redding Karen F
Bought by
Sakala Mariah L
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$54,900
Sold Price
$48,654
Premium/Discount to List
-$6,246
-11.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,076
Outstanding Balance
$45,404
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$35,984

Purchase Details

Closed on
Jul 18, 2018
Sold by
County Of Cattaraugus
Bought by
Redding Karen F

Purchase Details

Closed on
Jun 27, 2018
Sold by
County Of Cattaraugus
Bought by
Redding Karen F

Purchase Details

Closed on
May 2, 2018
Sold by
County Treasurer
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Apr 4, 2018
Sold by
County Treasurer
Bought by
County Of Cattaraugus

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
Sakala Mariah L $51,000 None Available
Sakala Mariah L $51,000 None Available
Sakala Mariah L $51,000 --
Redding Karen F $13,000 None Available
Redding Karen F $13,000 None Available
Redding Karen F $13,000 --
County Of Cattaraugus -- None Available
County Of Cattaraugus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open County Of Cattaraugus $50,076
Closed Sakala Mariah L $50,076
Closed Sakala Mariah L $50,076
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $48,654 -11.4% $35 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $54,900 -- $40 / 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 $3,143 $49,500 $4,000 $45,500
2023 $1,864 $49,500 $4,000 $45,500
2022 $1,890 $49,500 $4,000 $45,500
2021 $1,945 $49,500 $4,000 $45,500
2020 $1,959 $49,500 $4,000 $45,500
2019 $1,244 $49,500 $4,000 $45,500
2018 $6,183 $49,500 $4,000 $45,500
2017 $6,524 $49,500 $4,000 $45,500
2016 $4,376 $49,500 $4,000 $45,500
2015 -- $49,500 $4,000 $45,500
2014 -- $49,500 $4,000 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1163970

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-072-0002-020-000-0000