$56,000
SOLD MAY 16, 2016

216 W Elm St Olean, NY 14760

3 Beds
1 Bath
1,110 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

14% Below List Price

303 Days on Market

Highlights

  • Cape Cod Architecture
  • Formal Dining Room
  • 1 Car Attached Garage
  • Wood Flooring
  • Porch
  • Woodwork

About This Home

As of December 2021

Cozy 3 bdrm. home in Olean. Move in condition with new furnace, flooring, countertop, dishwasher, and other improvements. Fresh paint throughout. Agent owned & priced to sell.

Last Agent to Sell the Property

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519 Listed on: 06/22/2015

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 57 x 66
  • Partially Fenced Property

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,110 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Formal Dining Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Age: 66
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 68000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 57
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • L P Per Acre: 721111.1100
  • List Price per Sq Ft: 58.4684
  • Nearest Cross Street: Spruce
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 622222.22
  • Ratio Close Price By Sq Ft: 50.45
  • Ratio List Price By Acres: 721111.11
  • Ratio List Price By Sq Ft: 58.47
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1716
  • Sale Price List Price: 0.8628
  • S P Per Acre: 622222.2200
  • S P Per Sq Ft: 50.4500
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 64900.00
  • Year Built Description: Existing
  • Age of Building: 73
  • Year Built: 1949
  • Directions To Property: North Union to Elm
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Natural Woodwork - some
  • Additional Rooms: Laundry-Basement, Porch - Open
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1110

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.0900

Garage/Parking

  • Driveway Description: Stone/Gravel
  • 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

Schools

  • School District: Olean

Lot Info

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

Tax Info

  • Total Taxes: 3591

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
EXP-Premier Listings Team
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%
Current Estimated Value
$112,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,642
Avg. Annual Appreciation
6.62%

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 - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
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 - Olean
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
8.25%

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $93,000 None Available
Deed $53,000 Nicholas Dicerbo Jr.
Deed -- Brian C. Palumbo
Deed $56,000 Brian C. Palumboq
Deed $29,001 Daniel R. Palumbo
Deed $63,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $42,400 Purchase Money Mortgage
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 $2,567 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B478563

Western New York Real Estate Information Services (WNYREIS)

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