NOT LISTED FOR SALE

216 W Elm St Olean, NY 14760

Estimated Value: $111,773 - $127,000

3 Beds
1 Bath
1,111 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $92,553 $83 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $785/month

126 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • 1 Car Attached Garage
  • Wood Flooring
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of December 2021

BACK ON THE MARKET! Check out this Great 3 Bedroom home in North Olean. Lots of updates to include a New Fence, Hot Water Tank, (within2yrs) and within 5 years a New Kitchen, Siding, Windows, Paint & more! It has an awesome porch to sit out on and enjoy the seasons, a side yard suitable for kids to play in or for you to plant; as well as a driveway that you can use. A 1 car attached garage which was an addition that has the master bedroom above it. Super cute, as it has a nice dressing room-walk-in closet.
Lots of storage and ready to move right in!

Last Listed By

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 05/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,714

Year Built

  • Built in 1949

Lot Details

  • 3,762 Sq Ft Lot
  • Lot Dimensions are 57 x 66
  • Partially Fenced Property
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,111 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 041200-094-040-0003-027-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,714

Year Built

Built in 1949

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 68000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 57
  • Lot Dimension Front: 66
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: Spruce
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1071215.28
  • Ratio Close Price By Sq Ft: 83.31
  • Ratio List Price By Acres: 1035879.63
  • Ratio List Price By Sq Ft: 80.56
  • Regional Board Code: Buffalo
  • School Tax: 1798
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3762
  • Age of Building: 74
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 1111
  • Directions To Property: N Union st to W Elm. Cross street, house is on the right corner
  • Sq Ft Total Pub: 1111
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Living Room
  • Basement Description: Full
  • Floor Description: Tile-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Dryer, Negotiable, Washer
  • Kitchen Dining Description: Formal Dining Room, Pantry
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1111

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.0864

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-040-0003-027-000-0000

Tax Info

  • Total Taxes: 3714

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Dec 20, 2021
Sold by
Brown Stephanie
Bought by
Gibbons Jaci L and Brink Derek
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$89,900
Sold Price
$92,553
Premium/Discount to List
$2,653
2.95%
Total Days on Market
126
Current Estimated Value
$119,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,390
Avg. Annual Appreciation
6.67%

Purchase Details

Listed on
Feb 11, 2017
Closed on
May 24, 2017
Sold by
Olean West Elm Llc
Bought by
Brown Stephanie
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$42,400
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2016
Sold by
Miller Mark W
Bought by
Olean West Elm Llc

Purchase Details

Listed on
Jun 22, 2015
Closed on
May 6, 2016
Sold by
Redding Karen
Bought by
Miller Mark W
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals
List Price
$64,900
Sold Price
$56,000
Premium/Discount to List
-$8,900
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 16, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Redding Karen
Seller's Agent
Ruth Brooks Ward
All The Way Realty Group
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$28,000
Sold Price
$29,001
Premium/Discount to List
$1,001
3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.47%

Purchase Details

Closed on
Mar 23, 1998
Sold by
O'Neil Michael N and O'Neil Shelly N
Bought by
Withey Clifford O and Withey Krisie J Long

Range of Values:

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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
Gibbons Jaci L $93,000 None Available
Brown Stephanie $53,000 Nicholas Dicerbo Jr.
Olean West Elm Llc -- Brian C. Palumbo
Miller Mark W $56,000 Brian C. Palumboq
Redding Karen $29,001 Daniel R. Palumbo
Withey Clifford O $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Stephanie $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $92,553 +3.4% $83 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/21/2021 09/21/21 Price Changed $89,500 -0.4% $81 / Sq Ft
09/20/2021 09/20/21 For Sale $89,900 0.0% $81 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $89,900 +69.6% $81 / Sq Ft
05/25/2017 05/25/17 Sold $53,000 -11.5% $37 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $59,900 +7.0% $42 / Sq Ft
05/16/2016 05/16/16 Sold $56,000 -13.7% $50 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
06/22/2015 06/22/15 For Sale $64,900 +123.8% $58 / Sq Ft
12/17/2014 12/17/14 Sold $29,001 +3.6% $26 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $28,000 -- $25 / 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 $4,317 $68,000 $3,100 $64,900
2023 $2,560 $68,000 $3,100 $64,900
2022 $2,597 $68,000 $3,100 $64,900
2021 $2,672 $68,000 $3,100 $64,900
2020 $2,691 $68,000 $3,100 $64,900
2019 $1,021 $68,000 $3,100 $64,900
2018 $3,890 $68,000 $3,100 $64,900
2017 $2,756 $68,000 $3,100 $64,900
2016 $2,726 $68,000 $3,100 $64,900
2015 -- $68,000 $3,100 $64,900
2014 -- $68,000 $3,100 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1339792

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0003-027-000-0000