$19,000
SOLD OCT 1, 2020

222 S 16th St Olean, NY 14760

4 Beds
1 Bath
1,182 Sq Ft
5,075 Sq Ft Lot

Recently Sold

$16 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • Partial Attic
  • 1 Car Detached Garage
  • Wall to Wall Carpet
  • Formal Dining Room
  • Baseboard Heating

About This Home

As of October 2021

Large affordable 4 bedroom 1 bath home with detached garage. Exterior is vinyl sided and features a nice back deck! Home is being sold as is condition and will need to be a cash sale. Priced aggressively for a quick sale.

Last Agent to Sell the Property

Taylor Bennett

Listing by Keller Williams Realty License #10401246823

Keller Williams Realty

Last Buyer's Agent

Margie Kandefer

Listing by Howard Hanna Professionals License #40KA1070027

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 5,075 Sq Ft Lot
  • Lot Dimensions are 145 x 35

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,182 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Partial Basement
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 47
  • Assessor Parcel Number 041200-094-063-0005-047-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 52500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 145
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • Lot Number: 47
  • Nearest Cross Street: W State St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 163090.13
  • Ratio Close Price By Sq Ft: 16.07
  • Ratio List Price By Acres: 171673.82
  • Ratio List Price By Sq Ft: 16.92
  • Regional Board Code: Rochester
  • School Tax: 1412
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 5075
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: right off w state
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Attic Description: Partial
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1182

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1165

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Sewer Description: Sewer Available
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-063-0005-047-000-0000

Tax Info

  • Total Taxes: 2199

MLS Schools

  • School District Name: Olean

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
List Price
$20,000
Sold Price
$19,000
Premium/Discount to List
-$1,000
-5%
Total Days on Market
21
Current Estimated Value
$105,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,935
Avg. Annual Appreciation
44.82%

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

Map

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 Type Sale Price Title Company
Deed -- None Available
Deed In Lieu Of Foreclosure -- --
Deed $21,000 Robert H Plaskov
Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $79,064 FHA
Closed $61,600 Credit Line Revolving
Previous Owner $48,500 Unknown
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: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,333 $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

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1273639

Chautauqua-Cattaraugus Board of REALTORS®

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

New York Cattaraugus County Olean 14760

222 S 16th St, Olean, NY

Homes for Sale in Olean, NY

This home is located at 222 S 16th St, Olean, NY 14760 and is currently priced at $19,000, approximately $16 per square foot. This property was built in 1910. 222 S 16th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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