NOT LISTED FOR SALE

222 Elmore Ave Olean, NY 14760

Estimated Value: $103,000 - $130,000

2 Beds
2 Baths
1,300 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $58,000 $45 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $723/month

12 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Home Office
  • Deck
  • L-Shaped Dining Room
  • Workshop

About This Home

As of September 2014

Great 2 BR, 2 bath home on quiet dead-end street priced to sell. Open kitchen/DR with sliding glass door to back patio. Nice size living room and an extra front room perfect for an office or play room. 2 bedrooms and full bath upstairs. Workshop area could easily be made into a garage or third bedroom. Owner just painted inside and outside of home. New hot water tank in 2013.

Last Agent to Sell the Property

Christine Young

Listing by Howard Hanna Professionals - Olean License #40YO1152644 Listed on: 06/18/2014

Howard Hanna Professionals - Olean

Last Buyer's Agent

Annette Fachko

Listing by No Office Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 125 x 140
  • Partially Fenced Property

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Living Room
  • L-Shaped Dining Room
  • Home Office
  • Workshop
  • Scuttle Attic Hole

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • Carport
  • Stone Driveway

Outdoor Features

  • Deck
  • Porch

Farming

  • Barn

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041200-094-034-0002-005-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 94
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 54000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 140
  • Lot Information: Neighborhood Street
  • L P Per Acre: 250000.0000
  • List Price per Sq Ft: 48.0769
  • Nearest Cross Street: Pleasant St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 232000.00
  • Ratio Close Price By Sq Ft: 44.62
  • Ratio List Price By Acres: 250000.00
  • Ratio List Price By Sq Ft: 48.08
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1331
  • Sale Price List Price: 0.9280
  • S P Per Acre: 232000.0000
  • S P Per Sq Ft: 44.6200
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 62500.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Take 16N to the light just past the on-ramp to 86 - turn left at the light and then an immediate right onto Pleasant Street - turn left onto Elmore Ave. - house is the last one on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Drapes - Some, Sliding Glass Door
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement, Living Room, Office, Porch - Open, Possible Additional Bedroom, Workshop
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Dining L
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1300

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck, Partially Fenced Yard
  • Number of Acres: 0.2500

Garage/Parking

  • Driveway Description: Concrete, Parking Area, Stone/Gravel
  • Garage Description: Carport

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-034-0002-005-000-0000

Tax Info

  • Total Taxes: 2822

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Sep 3, 2014
Sold by
Deschler Sandra
Bought by
Kratts Mark
Seller's Agent
Christine Young
Howard Hanna Professionals - Olean
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$62,500
Sold Price
$58,000
Premium/Discount to List
-$4,500
-7.2%
Current Estimated Value
$113,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,279
Avg. Annual Appreciation
6.09%
Original Mortgage
$55,100
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Kratts Mark $58,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kratts Mark $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2014 09/08/14 Sold $58,000 -7.2% $45 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $62,500 -- $48 / 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 $1,469 $54,000 $9,600 $44,400
2023 $2,033 $54,000 $9,600 $44,400
2022 $2,062 $54,000 $9,600 $44,400
2021 $2,122 $54,000 $9,600 $44,400
2020 $1,496 $54,000 $9,600 $44,400
2019 $811 $54,000 $9,600 $44,400
2018 $2,272 $54,000 $9,600 $44,400
2017 $1,513 $54,000 $9,600 $44,400
2016 $1,471 $54,000 $9,600 $44,400
2015 -- $54,000 $9,600 $44,400
2014 -- $54,000 $9,600 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B454606

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-034-0002-005-000-0000