$29,001
SOLD DEC 17, 2014

216 W Elm St Olean, NY 14760

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

Recently Sold

$26 Per Sq Ft

4% Above List Price

21 Days on Market

Highlights

  • Cape Cod Architecture
  • Breakfast Room
  • Forced Air Cooling System
  • Wood Flooring
  • 1 Car Attached Garage
  • Living Room

About This Home

As of December 2021

Accepted offer - waiting for signed contract. This can be a nice home for the any buyer; it has lots of space inside and out. In order to save time and ensure accuracy, please use the attached form to submit your initial offer and return to the Listing Broker at the included email address. "Property was built prior to 1978 and lead based paint may potentially exist." This is a nice Street with attentive neighbors.

Last Agent to Sell the Property

Ruth Brooks Ward

Listing by All The Way Realty Group License #37BR0786911 Listed on: 09/23/2014

Last Buyer's Agent

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

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

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,110 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Breakfast Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Utilities

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

Listing and Financial Details

  • HUD Owned
  • 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: 65
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 68000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 57
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • L P Per Acre: 311111.1100
  • List Price per Sq Ft: 25.2252
  • Nearest Cross Street: BTW N Union & Spruce St
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 322233.33
  • Ratio Close Price By Sq Ft: 26.13
  • Ratio List Price By Acres: 311111.11
  • Ratio List Price By Sq Ft: 25.23
  • Regional Board Code: Rochester
  • Regional Board Number: 6385
  • School Tax: 1633
  • Sale Price List Price: 1.0357
  • S P Per Acre: 322233.3300
  • S P Per Sq Ft: 26.1300
  • Styles of Residence: Cape Cod
  • Sub Board Code: Rochester
  • Type of Sale: HUD or Govt Owned
  • Value Range Search Low Price: 28000.00
  • Year Built Description: Existing
  • Age of Building: 73
  • Year Built: 1949
  • Directions To Property: From exit 26, turn RIGHT onto Ramp; Turn RIGHT (South-West) onto SR-16 [N Union St Ext]; Turn RIGHT (West) onto N Union St; Turn LEFT (West) onto W Elm St; Arrive 216 W Elm St, Olean, NY 14760
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Living Room
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Kitchen Dining Description: Breakfast 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: Vinyl
  • 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: 3510

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
$117,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,768
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

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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
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: Upstate New York Real Estate Information Services (UNYREIS)

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

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R258712

Upstate New York Real Estate Information Services (UNYREIS)

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