$12,800
SOLD MAR 11, 2016

214 N 12th St Olean, NY 14760

4 Beds
1.5 Baths
1,584 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

156% Above List Price

312 Days on Market

Highlights

  • Colonial Architecture
  • Den
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • 3-minute walk to Marcus Park & Playfields

About This Home

As of May 2016

This home is in great shape and has mostly hardwood flooring in the downstairs. Don't miss this opportunity to have your own home pass you by.

Last Agent to Sell the Property

Ronald Frazier

Listing by Real Estate Pros & More License #10401229681

Last Buyer's Agent

Ronald Frazier

Listing by Real Estate Pros & More License #10401229681

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

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

Home Design

  • Colonial Architecture
  • Stone Foundation

Interior Spaces

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • 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: 105
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 58600
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 232666.6700
  • List Price per Sq Ft: 22.0328
  • Nearest Cross Street: Washington St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 85333.33
  • Ratio Close Price By Sq Ft: 8.08
  • Ratio List Price By Acres: 232666.67
  • Ratio List Price By Sq Ft: 22.03
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1479
  • Sale Price List Price: 0.3667
  • S P Per Acre: 85333.3300
  • S P Per Sq Ft: 8.0800
  • Styles of Residence: Colonial
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 34900.00
  • 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: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Den/Study
  • Attic Description: Partially Finished, 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: Dirt
  • 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

Schools

  • School District: Olean

Lot Info

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

Tax Info

  • Total Taxes: 3446

MLS Schools

  • 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%
Total Days on Market
312
Current Estimated Value
$106,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,463

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

Map

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 Type Sale Price Title Company
Deed $26,700 Paul Kendrick
Deed $12,800 Na Na
Deed $52,000 Associates P.C. Rosick, Rosi
Deed $55,000 Daniel Palumbo
Deed $33,500 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $62,000 Purchase Money Mortgage
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

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 $3,721 $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

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

MLS Number: B467342

Western New York Real Estate Information Services (WNYREIS)

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