$50,000
SOLD DEC 16, 2021

218 N 5th St Olean, NY 14760

3 Beds
1 Bath
1,638 Sq Ft
4,250 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

17% Below List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Patio
  • Separate Formal Living Room
  • <<doubleOvenToken>>
  • Entrance Foyer

About This Home

As of December 2022

Don't judge a book by its cover. While this home need some love on the outside the inside is old style with many updates. All new plumbing, new electric, newer windows, new roof over front porch. Beautiful tile art on the floor as you enter this home. Large living room with hardwood floors. Dining room. Kitchen has under the cabinet lighting, plenty of cabinetry and counter space. Radiant heat. Spacious bedrooms. Full basement with laundry hookups. Nice patio area off the dining room with a semi private yard . Off street parking.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 10/05/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Rebecca Laborde

Listing by Premier Listings Real Estate License #10401331095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1920

Lot Details

  • 4,250 Sq Ft Lot
  • Lot Dimensions are 42x100

Home Design

  • Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • <<doubleOvenToken>>
  • Gas Cooktop
  • <<microwave>>

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 041200-094-064-0004-028-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Washington to N 5th
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0976
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Concrete Driveway, Patio
  • Foundation Details: Other, See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Baseboard, Radiant
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-028-000-0000
  • Lot Dimensions: 42X100
  • Lot Size Sq Ft: 4250.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2512.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Dec 5, 2022
Sold by
Pombo Alba and Pombo Stephanie
Bought by
Faye-Brander Erin and Fleming Kyle M
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Current Estimated Value
$85,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,704
Avg. Annual Appreciation
8.10%
Original Mortgage
$66,700
Outstanding Balance
$65,067
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,637

Purchase Details

Closed on
Dec 6, 2002
Sold by
Bey Dejura
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
May 21, 2001

Purchase Details

Closed on
Apr 8, 1997
Sold by
Plesac Stephen M and Plesac Mary L
Bought by
Bey Lamin S and Bey Dejura J

Purchase Details

Closed on
Apr 7, 1997
Sold by
Plesac Stephen M and Plesac Mary L
Bought by
Bey Lamin S and Bey Dejura J
Source: Public Records

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Range of Values:

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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 $70,000 None Available
Deed $31,450 Charles G Stiene
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $47,000 --
Deed $47,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $66,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $70,000 -12.4% $43 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/23/2022 07/23/22 Price Changed $79,900 +14.3% $49 / Sq Ft
07/10/2022 07/10/22 For Sale $69,900 +39.8% $43 / Sq Ft
12/16/2021 12/16/21 Sold $50,000 -16.5% $31 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $59,900 -- $37 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $1,733 $45,900 $3,600 $42,300
2023 $1,728 $45,900 $3,600 $42,300
2022 $1,753 $45,900 $3,600 $42,300
2021 $1,804 $45,900 $3,600 $42,300
2020 $1,175 $45,900 $3,600 $42,300
2019 $505 $45,900 $3,600 $42,300
2018 $2,429 $45,900 $3,600 $42,300
2017 $1,184 $45,900 $3,600 $42,300
2016 $1,146 $45,900 $3,600 $42,300
2015 -- $45,900 $3,600 $42,300
2014 -- $45,900 $3,600 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1370727

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200 94.064-4-28 01