$48,410
SOLD JUN 25, 2012

223 N 5th St Olean, NY 14760

4 Beds
1.5 Baths
1,720 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

7% Below List Price

70 Days on Market

Highlights

  • Traditional Architecture
  • Full Attic
  • Formal Dining Room
  • Wood Flooring
  • Home Office
  • 1.5 Car Detached Garage

About This Home

As of February 2016

Country kitchen! You'll feel right at home popping an apple pie into its oven. Designed for baking, eating and relaxing, this family-size kitchen fits right in with this 4 bedroom, 1.5 bath home's easy style. If you like gingham, soft armchairs and a roaring fire at night, come see it today. Only $52,000.

Last Agent to Sell the Property

Darcy Branch

Listing by No Office Affiliation License #40BR0766111 Listed on: 01/23/2012

Last Buyer's Agent

Pamela Pezzimenti

Listing by Howard Hanna Professionals - Olean License #31PE0941415

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

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

Home Design

  • Traditional Architecture
  • Stone Foundation

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Formal Dining Room
  • Home Office
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed patio or porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0004-033-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 112
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 51
  • Lot Information: Neighborhood Street
  • L P Per Acre: 346666.6700
  • List Price per Sq Ft: 30.2325
  • Nearest Cross Street: Sullivan
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 322733.33
  • Ratio Close Price By Sq Ft: 28.15
  • Ratio List Price By Acres: 346666.67
  • Ratio List Price By Sq Ft: 30.23
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1492
  • Sale Price List Price: 0.9309
  • S P Per Acre: 322733.3300
  • S P Per Sq Ft: 28.1453
  • Styles of Residence: 2 Story, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 52000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Washington Street heading west to Fifth Street north house on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Electrical Fuses - some
  • Additional Rooms: Den/Study, Foyer/Entry Hall, Laundry-Basement, Office, Porch - Enclosed, Porch - Open
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Dishwasher
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Freestanding: 1
  • Number of Fireplaces Total Calculated: 1
  • 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, Garage Door Opener, Partially Fenced Yard
  • Number of Acres: 0.1500

Garage/Parking

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

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-033-000-0000

Tax Info

  • Total Taxes: 3206

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
Current Estimated Value
$85,543

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
$33,026
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$52,517

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
10.71%

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 - Olean
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
4.46%
Original Mortgage
$45,990
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Warranty Deed $50,000 None Available
Deed $32,900 Greg Shemeld, Esq.
Deed $39,386 Michael A. Morgan
Deed $48,410 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,920 New Conventional
Previous Owner $45,990 Purchase Money Mortgage
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 $1,790 $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

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Map

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

MLS Number: B400896

Western New York Real Estate Information Services (WNYREIS)

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