NOT LISTED FOR SALE

205 E State St Olean, NY 14760

Estimated Value: $123,000 - $161,000

8 Beds
3 Baths
3,880 Sq Ft
$36/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $15,200 $4 Per Sq Ft

Est. 829% increase in value since last sale

Current estimated payment $927/month

256 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Formal Dining Room
  • Full Attic
  • Den
  • 1-minute walk to Lincoln Park

About This Home

As of October 2018

This is a large older home formerly used as a nursing home for many years. Several renovations have been started but now need to be finished. Upon completion, it will make a stately home.

Last Listed By

Ron Wolf

Listing by Real Estate Pros & More License #30WO0580127 Listed on: 12/18/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 7,705 Sq Ft Lot
  • Lot Dimensions are 115 x 67
  • Rectangular Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Stone Driveway

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 041200-094-065-0007-047-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 73500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 67
  • Lot Information: Neighborhood Street, Primary Road
  • Lot Number: 47
  • Lot Shape: Rectangular
  • Nearest Cross Street: Barry St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 85924.25
  • Ratio Close Price By Sq Ft: 3.92
  • Ratio List Price By Acres: 140757.49
  • Ratio List Price By Sq Ft: 6.42
  • Regional Board Code: Rochester
  • School Tax: 1934
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7705
  • Age of Building: 127
  • Year Built: 1895
  • Directions To Property: From roundabout at state & union, head east on east state street. Property in 2nd block on left. Watch for sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1895

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: Den/Study, Family Room, Great Room, Laundry-1st Floor, Living Room
  • Attic Description: Full, Partially Finished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 6
  • Number of 1st Floor Full Bathrooms: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 16
  • Total Bathrooms: 3.00
  • Total Bedrooms: 8
  • Total Sq Ft: 3880

Exterior Features

  • Construction: Stone
  • Number of Acres: 0.1769

Garage/Parking

  • Driveway Description: Stone/Gravel
  • 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: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-065-0007-047-000-0000

Tax Info

  • Total Taxes: 4032

MLS Schools

  • Elementary School Name: East View Elementary
  • 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
Dec 18, 2017
Closed on
Oct 1, 2018
Sold by
Barlett Linda
Bought by
Barksdale Carlos O
Seller's Agent
Ron Wolf
Real Estate Pros & More
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$34,900
Sold Price
$15,200
Premium/Discount to List
-$19,700
-56.45%
Total Days on Market
256
Current Estimated Value
$141,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,936
Avg. Annual Appreciation
37.89%

Purchase Details

Listed on
Dec 18, 2017
Closed on
Sep 21, 2018
Sold by
Barlett Linda
Bought by
Barksdale Carlos O
Seller's Agent
Ron Wolf
Real Estate Pros & More
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$34,900
Sold Price
$15,200
Premium/Discount to List
-$19,700
-56.45%

Purchase Details

Listed on
Dec 18, 2017
Closed on
Sep 20, 2018
Sold by
Barlett Linda and Barlett Susan
Bought by
Barksdale Carlos O and Barksdale Heidi A
Seller's Agent
Ron Wolf
Real Estate Pros & More
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$34,900
Sold Price
$15,200
Premium/Discount to List
-$19,700
-56.45%

Purchase Details

Listed on
Oct 1, 2016
Closed on
May 31, 2017
Sold by
Northwest Savings Bank
Bought by
Barlett Linda
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$28,900
Sold Price
$12,500
Premium/Discount to List
-$16,400
-56.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Dyal Renald
Bought by
Northwest Savings Bank

Purchase Details

Closed on
Feb 6, 2006
Sold by
Us Dept Of Hud
Bought by
Dyal Renald

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
Barksdale Carlos O $15,200 None Available
Barksdale Carlos O $15,200 None Available
Barksdale Carlos O -- --
Barlett Linda -- Dan Derose
Northwest Savings Bank $14,633 Fein,Such & Crane, Llp
Dyal Renald $35,555 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dyal Renald $22,000
Previous Owner Dyal Renald $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $15,200 -39.0% $4 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $24,900 -16.7% $6 / Sq Ft
03/22/2018 03/22/18 Price Changed $29,900 -14.3% $8 / Sq Ft
12/18/2017 12/18/17 For Sale $34,900 +179.2% $9 / Sq Ft
06/06/2017 06/06/17 Sold $12,500 -51.0% $3 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
02/09/2017 02/09/17 Price Changed $25,500 -11.8% $7 / Sq Ft
10/01/2016 10/01/16 For Sale $28,900 -- $7 / 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 $4,476 $70,500 $4,600 $65,900
2023 $2,654 $70,500 $4,600 $65,900
2022 $2,692 $70,500 $4,600 $65,900
2021 $2,770 $70,500 $4,600 $65,900
2020 $4,088 $70,500 $4,600 $65,900
2019 $1,156 $70,500 $4,600 $65,900
2018 $3,973 $70,500 $4,600 $65,900
2017 $2,979 $73,500 $4,600 $68,900
2016 $2,947 $73,500 $4,600 $68,900
2015 -- $73,500 $4,600 $68,900
2014 -- $73,500 $4,600 $68,900
Source: Public Records

Agents Affiliated with this Home

  • Ron Wolf

    Seller's Agent in 2018

    Ron Wolf

    Real Estate Pros & More

    (716) 307-7117

    17 Total Sales

    Ron Wolf
    Section Image

  • T

    Seller's Agent in 2017

    Thomas Fenner

    Real Estate Pros & More

    (716) 373-8971

    34 Total Sales

    Thomas Fenner
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1091546

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-065-0007-047-000-0000

New York Cattaraugus County Olean 14760

205 E State St, Olean, NY

Homes for Sale in Olean, NY

This home is located at 205 E State St, Olean, NY 14760 since 18 December 2017 and is currently estimated at $141,136, approximately $36 per square foot. This property was built in 1895. 205 E State St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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