NOT LISTED FOR SALE

221 E Elm St Olean, NY 14760

Estimated Value: $124,000 - $197,000

3 Beds
1.5 Baths
1,623 Sq Ft
$91/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $120,000 $74 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,165/month

4 Days on Market

Highlights

  • Indoor Pool
  • Wood Flooring
  • Fenced Yard
  • Deck
  • Solid Surface Countertops
  • Balcony

About This Home

As of October 2015

This three bedroom, 1.5 bath home has been tastefully remodeled and decorated. Some features include: Large 22x13 kitchen with Quartz counter tops, covered front porch with TmberTech flooring, multi tiered deck overlooking the fully fenced in rear yard. There is natural gas to the patio area for grill and electric along the fencing for lighting. All flooring in this home has been replaced within the past two years, all windows and doors are also newer. Roof was replace in 2014 and the F/A -AC unit are under 10 years. The master retreat is multi levels and leads to a TimberTech balcony.

Last Listed By

Kelly Ralston

Listing by KLM Appraisal Services License #45000036822 Listed on: 08/11/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1905

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 132 x 60
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,623 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Awning

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Pool

  • Indoor Pool
  • Above Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-041-0002-031-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,431

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Age: 110
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 65000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 691666.6700
  • List Price per Sq Ft: 76.7097
  • Nearest Cross Street: River
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 666666.67
  • Ratio Close Price By Sq Ft: 73.94
  • Ratio List Price By Acres: 691666.67
  • Ratio List Price By Sq Ft: 76.71
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1640
  • Sale Price List Price: 0.9638
  • S P Per Acre: 666666.6700
  • S P Per Sq Ft: 73.9400
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 124500.00
  • Year Built Description: Existing
  • Age of Building: 117
  • Year Built: 1905
  • Directions To Property: Follow North Union to Elm, Right onto Elm and the home will be on you left. Sign in yard
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Attic Fan, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Indoor Pool, Skylight
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement, Porch - Open
  • Attic Description: Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Microwave, Oven/Range Freestanding, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1623

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Awning, Balcony, Deck, Fully Fenced Yard, Garage Door Opener, High Speed Internet, Pool-Above Ground, Private Yard - see Remarks, Thermal Windows - Some
  • Number of Acres: 0.1800

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-041-0002-031-000-0000

Tax Info

  • Total Taxes: 3431

MLS Schools

  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2015
Closed on
Oct 26, 2015
Sold by
Clawson Barry B
Bought by
Saleh Adrienne M
Seller's Agent
Kelly Ralston
KLM Appraisal Services
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals
List Price
$124,500
Sold Price
$120,000
Premium/Discount to List
-$4,500
-3.61%
Total Days on Market
4
Current Estimated Value
$148,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,064
Avg. Annual Appreciation
2.23%
Original Mortgage
$96,000
Outstanding Balance
$76,812
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$71,252

Purchase Details

Closed on
Jan 12, 2000
Sold by
Jubera William E
Bought by
Clawson Barry B

Range of Values:

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Average Value
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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
Saleh Adrienne M $120,000 Daniel R. Palumbo
Clawson Barry B $61,500 Daniel Derosa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleh Adrienne M $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $120,000 -3.6% $74 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $124,500 -- $77 / 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 $4,127 $65,000 $5,500 $59,500
2023 $2,447 $65,000 $5,500 $59,500
2022 $2,482 $65,000 $5,500 $59,500
2021 $2,554 $65,000 $5,500 $59,500
2020 $2,572 $65,000 $5,500 $59,500
2019 $976 $65,000 $5,500 $59,500
2018 $3,506 $65,000 $5,500 $59,500
2017 $2,635 $65,000 $5,500 $59,500
2016 $2,606 $65,000 $5,500 $59,500
2015 -- $65,000 $5,500 $59,500
2014 -- $65,000 $5,500 $59,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B482520

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-041-0002-031-000-0000