$55,000
SOLD AUG 26, 2016

2130 Hillcrest Ave Olean, NY 14760

2 Beds
1 Bath
1,120 Sq Ft
1.42 Acres

Recently Sold

$49 Per Sq Ft

21% Below List Price

29 Days on Market

Highlights

  • 1.42 Acre Lot
  • Corner Lot
  • 2 Car Attached Garage
  • Wood Flooring
  • Country Kitchen
  • Woodwork

About This Home

As of September 2018

GREAT LOCATION FOR THIS 2 BEDROOM RANCH THAT NEEDS TLC-OWNERS ARE VERY MOTIVATED

Last Agent to Sell the Property

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754 Listed on: 05/10/2016

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 1 x 1
  • Corner Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Country Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 046600-094-002-0002-021-002-0000

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 58
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 97000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1
  • Lot Dimension Front: 1
  • Lot Information: Corner Lot, Neighborhood Street
  • L P Per Acre: 49225.3521
  • List Price per Sq Ft: 62.4107
  • Nearest Cross Street: GENESSEE STREET
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 38732.39
  • Ratio Close Price By Sq Ft: 49.11
  • Ratio List Price By Acres: 49225.35
  • Ratio List Price By Sq Ft: 62.41
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 3026
  • Sale Price List Price: 0.7868
  • S P Per Acre: 38732.3944
  • S P Per Sq Ft: 49.1100
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 64
  • Year Built: 1958
  • Directions To Property: GENESEE STREET TO HILLCREST AVE-HOUSE ON CORNER
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor
  • Basement Description: Slab
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Oven/Range Electric
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1120

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 1.4200

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-094-002-0002-021-002-0000

Tax Info

  • Total Taxes: 5228

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 27, 2018
Sold by
Palumbo Joseph
Bought by
Bethany E Lutheran Church
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$92,000
Sold Price
$92,000
Current Estimated Value
$176,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,389
Avg. Annual Appreciation
10.06%

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 26, 2018
Sold by
Palumbo Joseph
Bought by
Bethany E Lutheran Church
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$92,000
Sold Price
$92,000

Purchase Details

Closed on
Sep 22, 2017
Sold by
Palumbo Joseph M
Bought by
Martello Michael

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 19, 2016
Sold by
Kaufman Lawrence E Estate Of Dorothy S
Bought by
Palumbo Joseph
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%
Original Mortgage
$53,350
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $92,000 None Available
Deed $92,000 None Available
Deed -- Brian C. Palumbo
Executors Deed -- Palumbo & Betrand
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $53,350 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $92,000 0.0% $82 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $92,000 +67.3% $82 / Sq Ft
08/26/2016 08/26/16 Sold $55,000 -21.3% $49 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $69,900 -- $62 / 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 $4,653 $73,000 $19,000 $54,000
2023 $4,417 $73,000 $19,000 $54,000
2022 $4,330 $73,000 $19,000 $54,000
2021 $4,300 $73,000 $19,000 $54,000
2020 $48 $82,500 $19,000 $63,500
2019 $2,172 $82,500 $19,000 $63,500
2018 $4,897 $82,500 $19,000 $63,500
2017 $4,514 $83,500 $20,000 $63,500
2016 $4,180 $97,000 $20,000 $77,000
2015 -- $97,000 $20,000 $77,000
2014 -- $97,000 $20,000 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B499307

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-094-002-0002-021-002-0000