NOT LISTED FOR SALE

209 Madison Ave Olean, NY 14760

Estimated Value: $189,000 - $216,000

3 Beds
2.5 Baths
1,764 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $173,000 $98 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,255/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Breakfast Room
  • Wood Flooring
  • Quartz Countertops
  • 1 Car Detached Garage

About This Home

As of August 2023

Charming single-family home in a desirable neighborhood. Spacious first floor layout with updated kitchen that has modern appliances and ample storage space. Eating area opens to large back family room with a fireplace overlooks back yard. There's also a large living room at the front of the house that gives you plenty of options for arranging your furniture. First floor also features a primary bedroom suite with walk-in closet and updated attached bath that has a walk-in tiled shower and double vanity sink. For convenience, there's also a half bath off the side entry hallway. Upstairs has two good-sized bedrooms with walk-in closets. One bedroom has a side room that could be an office/nursury/or another walk-in closet. Second floor full bath has a tub/shower and extra storage space. The backyard provides plenty of room for outdoor activities and gatherings. Beautiful view of the Allegheny hills from the front porch. Conveniently located near I-86, local schools, Olean General Hospital, Bartlett Country Club, shopping and dining. Plenty of potential for personalization and customization. Don't miss your chance to own this lovely home in a fantastic location!

Last Agent to Sell the Property

Melanie Pritchard

Listing by ERA Team VP Real Estate License #10301205733 Listed on: 04/26/2023

ERA Team VP Real Estate

Last Buyer's Agent

Carol Thomas

Listing by Howard Hanna Professionals - Ellicottville License #30TH0755390

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,515

Year Built

  • Built in 1914

Lot Details

  • 9,050 Sq Ft Lot
  • Lot Dimensions are 181 x 50

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Scuttle Attic Hole

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Basement

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

Utilities

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

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 041200-094-042-0001-028-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,515

Year Built

Built in 1914

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 120000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 181
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 28
  • Nearest Cross Street: Highland Terrace
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 832531.28
  • Ratio Close Price By Sq Ft: 98.07
  • Ratio List Price By Acres: 794032.72
  • Ratio List Price By Sq Ft: 93.54
  • Regional Board Code: Buffalo
  • School Tax: 3165
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9050
  • Age of Building: 109
  • Year Built: 1914
  • Above Grade Finished Sq Ft: 1764
  • Directions To Property: Main St. to Madison. Property on left before Highland Terrace.
  • Sq Ft Total Pub: 1764
  • Attribution Contact: 716-480-8409
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1914

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Primary Suite, Family Room, Laundry-Basement, Living Room
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Room, Island, Quartz Counter
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Not Repto Code: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1764

Exterior Features

  • Number of Acres: 0.2078

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 041200-094-042-0001-028-001-0000

Tax Info

  • Total Taxes: 6515

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Aug 10, 2023
Sold by
Hull Kimberly K
Bought by
Merrifield Grant L
Seller's Agent
Melanie Pritchard
ERA Team VP Real Estate
Buyer's Agent
Carol Thomas
Howard Hanna Professionals - Ellicottville
List Price
$165,000
Sold Price
$173,000
Premium/Discount to List
$8,000
4.85%
Views
383
Current Estimated Value
$200,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,669
Avg. Annual Appreciation
6.43%
Original Mortgage
$173,000
Outstanding Balance
$168,984
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
$31,685

Purchase Details

Closed on
Feb 9, 2007
Sold by
Finch James
Bought by
Pedigo Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2001
Sold by
Ayrault James W
Bought by
Finch James E and Finch Jeanne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Merrifield Grant L $173,000 None Available
Pedigo Valerie $133,000 Sarah E. Knieser
Finch James E $68,000 Nicholas Sr. Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrifield Grant L $173,000
Previous Owner Pedigo Valerie $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2023 08/09/23 Sold $173,000 +4.8% $98 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $165,000 +14.6% $94 / Sq Ft
04/14/2021 04/14/21 Sold $144,000 -3.9% $82 / Sq Ft View Prior Sale
02/09/2021 02/09/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $149,900 0.0% $85 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/07/2020 11/07/20 Price Changed $149,900 -3.2% $85 / Sq Ft
10/15/2020 10/15/20 Price Changed $154,900 -3.1% $88 / Sq Ft
09/30/2020 09/30/20 For Sale $159,900 -- $91 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $7,133 $120,000 $14,800 $105,200
2023 $4,518 $120,000 $14,800 $105,200
2022 $4,583 $120,000 $14,800 $105,200
2021 $4,715 $120,000 $14,800 $105,200
2020 $4,748 $120,000 $14,800 $105,200
2019 $1,868 $120,000 $14,800 $105,200
2018 $6,502 $120,000 $14,800 $105,200
2017 $4,864 $120,000 $14,800 $105,200
2016 $4,811 $120,000 $14,800 $105,200
2015 -- $120,000 $14,800 $105,200
2014 -- $120,000 $14,800 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1467450

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-042-0001-028-001-0000