NOT LISTED FOR SALE

222 S 16th St Olean, NY 14760

Estimated Value: $96,000 - $106,000

4 Beds
1.5 Baths
1,182 Sq Ft
$84/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $81,560 $69 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $692/month

3 Days on Market

Highlights

  • Property is near public transit
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Main Floor Primary Bedroom
  • Porch
  • Open Patio

About This Home

As of October 2021

Charming 4 Bedroom 1 1/2 Bath home Many updates , nice yard , walking distance to shopping in town
Features a nice back deck and part fenced back yard ,move in ready !

Last Agent to Sell the Property

Margie Kandefer

Listing by Howard Hanna Professionals - Ellicottville License #40KA1070027 Listed on: 08/10/2021

Howard Hanna Professionals - Ellicottville

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1910

Lot Details

  • 5,075 Sq Ft Lot
  • Lot Dimensions are 35x145
  • Rectangular Lot
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,182 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Outdoor Features

  • Open Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 041200-094-063-0005-047-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,969

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • ResoLaundryFeatures: Main Level
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: W State to S 16th Street
  • Architectural Style: Historic/Antique
  • Flooring: Laminate, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Eat-in Kitchen, Living/Dining Room, Pull Down Attic Stairs, Bedroom on Main Level, Main Level Primary
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1165
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached

Utilities

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

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-063-0005-047-000-0000
  • Lot Dimensions: 35X145
  • Lot Size Sq Ft: 5075.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2969.0
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 10, 2020
Sold by
Cornerstone 70238 Hldgs
Bought by
Gonzalez Maikel and Gonzalez Karina
Seller's Agent
Taylor Bennett
Keller Williams Realty
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$20,000
Sold Price
$19,000
Premium/Discount to List
-$1,000
-5%
Current Estimated Value
$99,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,686
Avg. Annual Appreciation
38.74%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Cornerstone Home Inc
Bought by
Cornerstone 7973 Holdings

Purchase Details

Closed on
Oct 9, 2007
Sold by
Coulter Carol
Bought by
Cornerstone Homes Inc

Purchase Details

Closed on
May 29, 1998
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
Gonzalez Maikel -- None Available
Cornerstone 7973 Holdings -- --
Cornerstone Homes Inc $21,000 Robert H Plaskov
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tunderman Jericca $79,064
Closed Gonzalez Maikel $61,600
Previous Owner Coulter Carol L $48,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $81,560 +5.9% $69 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $77,000 +305.3% $65 / Sq Ft
10/01/2020 10/01/20 Sold $19,000 -5.0% $16 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $20,000 -- $17 / 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 $1,982 $52,500 $4,700 $47,800
2023 $1,977 $52,500 $4,700 $47,800
2022 $2,005 $52,500 $4,700 $47,800
2021 $2,063 $52,500 $4,700 $47,800
2020 $2,077 $52,500 $4,700 $47,800
2019 $2,530 $52,500 $4,700 $47,800
2018 $5,478 $52,500 $4,700 $47,800
2017 $4,670 $52,500 $4,700 $47,800
2016 $3,250 $52,500 $4,700 $47,800
2015 -- $52,500 $4,700 $47,800
2014 -- $52,500 $4,700 $47,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1354577

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-063-0005-047-000-0000