NOT LISTED FOR SALE

223 N 5th St Olean, NY 14760

Estimated Value: $85,000 - $98,000

4 Beds
1.5 Baths
1,720 Sq Ft
$53/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $32,900 $19 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $603/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1.5 Car Detached Garage
  • Forced Air Cooling System
  • Full Attic
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of February 2016

Foreclosure in Not so bad shape! GORGEOUS Hardwood throughout! Won't last long!!!

Last Listed By

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 12/20/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 128 x 51

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1.5 Car Detached Garage
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-064-0004-033

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 115
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 51
  • Lot Information: Neighborhood Street
  • L P Per Acre: 266000.0000
  • List Price per Sq Ft: 23.1976
  • Nearest Cross Street: Washington
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 219333.33
  • Ratio Close Price By Sq Ft: 19.13
  • Ratio List Price By Acres: 266000.00
  • Ratio List Price By Sq Ft: 23.20
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1614
  • Sale Price List Price: 0.8245
  • S P Per Acre: 219333.3300
  • S P Per Sq Ft: 19.1300
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 39900.00
  • Year Built Description: Existing
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: washington to fifth
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dryer, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1720

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: Detached
  • Number of Garage Spaces: 1.5000

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-033

Tax Info

  • Total Taxes: 3350

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Pawlak Jai A
Bought by
Schoonover Sean V
Total Days on Market
3
Current Estimated Value
$91,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,920
Outstanding Balance
$33,392
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$45,775

Purchase Details

Listed on
Dec 20, 2015
Closed on
Feb 11, 2016
Sold by
Olean Area Fcu
Bought by
Pawlak Jai
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$39,900
Sold Price
$32,900
Premium/Discount to List
-$7,000
-17.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Dec 23, 2015
Sold by
Hough Timothy
Bought by
Olean Area Federal Credit Union

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jun 20, 2012
Sold by
Larson Gary
Bought by
Hough Timothy
Seller's Agent
Darcy Branch
No Office Affiliation
Buyer's Agent
Pamela Pezzimenti
Howard Hanna Professionals
List Price
$52,000
Sold Price
$48,410
Premium/Discount to List
-$3,590
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$45,990
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Olean, NY

  • 508 Ho Sta Geh Rd, Olean, NY 14760

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,096 Sq Ft
    • 508 Ho Sta Geh Rd
    • Olean, NY

    If you are looking for a blank slate to truly make your own! This 3-bedroom. 1 bath house in a country setting could be the answer! This charming house has front and back porches and a balcony off the primary bedroom. It also has an oversized 2 car garage with an electric door opener and shop/storage space. The house has been gutted down to the studs and is ready for you to design your dream

    Patricia Collier RE/MAX On Point

    Section Image
  • 324 N 5th St, Olean, NY 14760

    $89,900

    • 4 Beds
    • 2 Baths
    • 1,714 Sq Ft
    • 324 N 5th St
    • Olean, NY

    Looking for a place with a little extra room and a great vibe? This 3–4 bedroom, 2 bath home might be just what you’re after. There’s space to spread out, whether you need a home office, guest room, or just want that extra bedroom to finally have a place for your stuff.The kitchen’s got a walk-in pantry (because who doesn’t need more snack storage?), and the **back deck is perfect for

    Paul Pezzimenti Howard Hanna Professionals

    Section Image
  • 124 N 11th St, Olean, NY 14760

    $89,000

    • 3 Beds
    • 1 Bath
    • 1,196 Sq Ft
    • 124 N 11th St
    • Olean, NY

    Newly remodeled 3 bedroom house conveniently located close to stores and restaurants! This house has mostly wood floors throughout and many new windows. Main bedroom has a large room that could be used as a walk in closet or a nursery - depending on your needs! The large deck off the back of the house can be accessed through the kitchen or the sliding glass doors in the dining room. It

    Rebecca Laborde Premier Listings Real Estate

    Section Image
  • 138 S 3rd St, Olean, NY 14760

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,692 Sq Ft
    • 138 S 3rd St
    • Olean, NY

    Welcome to this charming and spacious 3-bedroom, 1.5-bath home just minutes from downtown! Bursting with character, you'll find beautiful natural woodwork throughout, gleaming hardwood floors, and a warm, inviting atmosphere. The formal dining room is perfect for gatherings, and the cedar closet adds a touch of luxury to everyday living. Relax with your morning coffee on the cozy front porch, and

    Paul Pezzimenti Howard Hanna Professionals

    Section Image
  • 118 N 11th St, Olean, NY 14760

    $74,900

    • 4 Beds
    • 1.5 Baths
    • 1,314 Sq Ft
    • 118 N 11th St
    • Olean, NY

    Discover this well-maintained 4-bedroom, 1.5-bathroom home located within the City of Olean. With two spacious bedrooms on the first floor and two more upstairs, the layout offers flexibility to suit a variety of needs. A full bathroom is conveniently located on the main level, with a half bath on the second floor. The home features a durable metal roof that’s only six years old and an updated

    Ken Bailey Real Estate Pros & More

    Section Image
  • 135 N 12th St, Olean, NY 14760

    $95,000

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • 135 N 12th St
    • Olean, NY

    Discover this fantastic opportunity on a convenient neighborhood street! This inviting 3-bedroom home offers all bedrooms on the second floor, a full bath conveniently located on the first floor, and a 2-car detached garage with a concrete driveway plus an extra drive close to the house. Nestled on a generous 1/3-acre double lot, this property provides plenty of outdoor space for gardening, play,

    Ken Bailey Real Estate Pros & More

    Section Image
  • 218 S 5th St, Olean, NY 14760

    $69,900

    • 4 Beds
    • 2 Baths
    • 2,050 Sq Ft
    • 218 S 5th St
    • Olean, NY

    4 bedroom 2 bathroom home located in Olean NY. This is a fully functioning home at a great price! High ceilings, Open porch and an eclosed sunroom. With some cosmetic repairs and some TLC this home will be beautiful. This home is over 2,000 square feet, off street parking and a shed. Centrally located in the city of Olean. This home is priced right.

    James Dwaileebe 3D Real Estate LLC

    Section Image
  • 310 S 3rd St, Olean, NY 14760

    $109,900

    • 3 Beds
    • 1.5 Baths
    • 1,736 Sq Ft
    • 310 S 3rd St
    • Olean, NY

    Welcome to this delightful 3-bedroom, 1.5-bathroom home nestled in the heart of Olean featuring new floors and a 2 year old roof. The eat-in country kitchen offers ample storage and plenty of prep space. Enjoy cozy meals in the adjoining dining room, or relax in the spacious living room. The full partially finished basement includes an exterior walk-out, providing extra versatility for your

    Venita Jackson Smith Howard Hanna WNY Inc.

    Section Image
  • 211 Irving St, Olean, NY 14760

    $100,000

    • 4 Beds
    • 1.5 Baths
    • 1,659 Sq Ft
    • 211 Irving St
    • Olean, NY

    Discover this delightful 4-bedroom, 2-bathroom home nestled at 211 Irving Street in the heart of Olean, NY, offering almost 1700 square feet of living space that blends classic charm with the potential for modern updates. Live in a walkable community where everything is within reach, enjoying the convenience of not needing a car for daily errands, as it's situated close to local stores, excellent

    David Witczak WNY Metro Roberts Realty

    Section Image

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
Schoonover Sean V $50,000 None Available
Pawlak Jai $32,900 Greg Shemeld, Esq.
Olean Area Federal Credit Union $39,386 Michael A. Morgan
Hough Timothy $48,410 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoonover Sean V $35,920
Previous Owner Hough Timothy $45,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2016 02/23/16 Sold $32,900 -17.5% $19 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
12/20/2015 12/20/15 For Sale $39,900 -17.6% $23 / Sq Ft
06/25/2012 06/25/12 Sold $48,410 -6.9% $28 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $52,000 -- $30 / 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 $3,010 $47,400 $4,200 $43,200
2023 $1,785 $47,400 $4,200 $43,200
2022 $1,810 $47,400 $4,200 $43,200
2021 $1,863 $47,400 $4,200 $43,200
2020 $1,876 $47,400 $4,200 $43,200
2019 $711 $47,400 $4,200 $43,200
2018 $2,557 $47,400 $4,200 $43,200
2017 $1,921 $47,400 $4,200 $43,200
2016 $1,900 $47,400 $4,200 $43,200
2015 -- $63,000 $4,200 $58,800
2014 -- $63,000 $4,200 $58,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B490659

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-033-000-0000