NOT LISTED FOR SALE

205 E State St Olean, NY 14760

Estimated Value: $92,000 - $165,000

8 Beds
3 Baths
3,880 Sq Ft
$33/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2018

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

Est. 739% increase in value since last sale

Current estimated payment $816 / mo

256 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Formal Dining Room
  • Separate Formal Living Room
  • 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 Agent to Sell the Property

Ron Wolf

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

Last Buyer's Agent

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 67x115
  • Rectangular Lot

Home Design

  • Stone Foundation
  • Stone

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Gravel Driveway

Schools

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

Utilities

  • Forced Air Heating 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

7,705 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1895
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: From roundabout at state & union, head east on east state street. Property in 2nd block on left. Watch for sign.
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Garage Yn: No
  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen, Separate/Formal Living Room, Great Room, Other, See Remarks
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1769
  • Waterfront: No
  • Construction Type: Stone
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No 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
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-065-0007-047-000-0000
  • Lot Dimensions: 67X115
  • Lot Size Sq Ft: 7705.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4032.0
  • Tax Lot: 47

MLS Schools

  • Elementary School: East View Elementary

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
Dec 18, 2017
Closed on
Oct 1, 2018
Sold by
Bought by
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%
Current Estimated Value
$127,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,347
Avg. Annual Appreciation
31.68%

Purchase Details

Listed on
Dec 18, 2017
Closed on
Sep 21, 2018
Sold by
Bought by
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
Bought by
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
Bought by
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
Bought by

Purchase Details

Closed on
Feb 6, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$15,200 None Available
$15,200 None Available
-- --
-- Dan Derose
$14,633 Fein,Such & Crane, Llp
$35,555 --
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 Prior Sale
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 View Prior Sale
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

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 $7,834 $70,500 $4,600 $65,900
2024 $4,458 $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

  • R

    Seller's Agent in 2018

    Ron Wolf

    Real Estate Pros & More

    Section Image

  • T

    Seller's Agent in 2017

    Thomas Fenner

    Real Estate Pros & More

    (716) 373-8971

    13 in this area

    28 Total Sales

    Thomas Fenner
    Section Image
See All Agents

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

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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