NOT LISTED FOR SALE

214 N 12th St Olean, NY 14760

Estimated Value: $98,000 - $111,000

4 Beds
1.5 Baths
1,584 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $26,700 $17 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $656/month

64 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Baseboard Heating
  • Wood Flooring
  • Living Room
  • 3-minute walk to Marcus Park & Playfields

About This Home

As of May 2016

4 Bedroom, 1.5 bathroom home in Olean, NY. Floors need to be replaced, a new HVAC system is needed, and garage door needs repairs. The house could also use a fresh coat of paint all throughout. Home is near parks and schools. Other repairs and updates might be necessary. Has great potential.

Last Agent to Sell the Property

Ken Gehris

Listing by No Office Affiliation License #49GE1179066 Listed on: 03/15/2016

Last Buyer's Agent

Ken Gehris

Listing by No Office Affiliation License #49GE1179066 Listed on: 03/15/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 128 x 50

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Stone Foundation

Interior Spaces

  • 1,584 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0002-058-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 106
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 58600
  • Foundation Description: Stone
  • Listing Type: Exclusive Agency
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • L P Per Acre: 199333.3300
  • List Price per Sq Ft: 18.8762
  • Nearest Cross Street: W SULLIVAN ST
  • Number of Stories: 3.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 178000.00
  • Ratio Close Price By Sq Ft: 16.86
  • Ratio List Price By Acres: 199333.33
  • Ratio List Price By Sq Ft: 18.88
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1479
  • Sale Price List Price: 0.8929
  • S P Per Acre: 178000.0000
  • S P Per Sq Ft: 16.8600
  • Styles of Residence: Colonial
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 29900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: From W. State St. Turn North onto N. 12th St. and go two blocks home is on right in middle of block.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Living Room
  • Attic Description: Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms 3rd Floor: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1584

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Pavers
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-064-0002-058-000-0000

Tax Info

  • Total Taxes: 3446

MLS Schools

  • Elementary School Name: Washington West 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
Mar 15, 2016
Closed on
Jun 1, 2016
Sold by
Castle 2016 Llc
Bought by
Kirby Timmy
Seller's Agent
Ken Gehris
No Office Affiliation
Buyer's Agent
Ken Gehris
No Office Affiliation
List Price
$34,900
Sold Price
$26,700
Premium/Discount to List
-$8,200
-23.5%
Current Estimated Value
$104,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,761
Avg. Annual Appreciation
14.84%

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 26, 2016
Sold by
Jpmorgan Chase Bank National Association
Bought by
Castle 2016 Llc
Seller's Agent
Ronald Frazier
Real Estate Pros & More
Buyer's Agent
Ronald Frazier
Real Estate Pros & More
List Price
$5,000
Sold Price
$12,800
Premium/Discount to List
$7,800
156%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4692.18%

Purchase Details

Closed on
Dec 10, 2014
Sold by
Burke Esq. Referee Michael D
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 19, 2005
Sold by
Collip James
Bought by
Talbott Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Est Sebatino Margaret I
Bought by
Collip James C
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kirby Timmy $26,700 Paul Kendrick
Castle 2016 Llc $12,800 Na Na
Jpmorgan Chase Bank National Association $52,000 Associates P.C. Rosick, Rosi
Talbott Scott $55,000 Daniel Palumbo
Collip James C $33,500 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talbott Scott $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $26,700 -23.5% $17 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $34,900 +172.7% $22 / Sq Ft
03/11/2016 03/11/16 Sold $12,800 +156.0% $8 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $5,000 -- $3 / 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 $5,829 $58,600 $4,200 $54,400
2023 $2,206 $58,600 $4,200 $54,400
2022 $2,238 $58,600 $4,200 $54,400
2021 $2,303 $58,600 $4,200 $54,400
2020 $5,068 $58,600 $4,200 $54,400
2019 $949 $58,600 $4,200 $54,400
2018 $5,792 $58,600 $4,200 $54,400
2017 $5,220 $58,600 $4,200 $54,400
2016 $2,349 $58,600 $4,200 $54,400
2015 -- $58,600 $4,200 $54,400
2014 -- $58,600 $4,200 $54,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Ken Gehris

    No Office Affiliation

  • R

    Seller's Agent in 2016

    Ronald Frazier

    Real Estate Pros & More

See All Agents

Map

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

MLS Number: B494959

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0002-058-000-0000

New York Cattaraugus County Olean 14760

214 N 12th St, Olean, NY

This home is located at 214 N 12th St, Olean, NY 14760 since 15 March 2016 and is currently estimated at $104,461, approximately $65 per square foot. This property was built in 1910. 214 N 12th 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.

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