NOT LISTED FOR SALE

223 S 7th St Olean, NY 14760

Estimated Value: $92,000 - $153,000

3 Beds
1.5 Baths
1,786 Sq Ft
$65/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $75,000 $42 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $766/month

103 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Porch
  • Bonus Room
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of February 2019

Rare Find... Awesome 3 br 1.5 bath home within walking distance to all Olean has to offer. This Arts and Crafts house combines charm with updated flair. Inviting front porch welcomes friends and family. Beautiful woodwork, hardwood floors, arched door ways plus identical bonus rooms add to the character of the house. Perennial gardens grace the front and side of the house and yard. Trees along side fence are excluded.

Last Listed By

Merilyn Mang

Listing by No Office Affiliation License #40MA0904168 Listed on: 10/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1920

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 128 x 50

Home Design

  • Block Foundation

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Unfinished Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 041200-094-072-0003-037-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,569

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 65000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 37
  • Nearest Cross Street: West Henley
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 510551.40
  • Ratio Close Price By Sq Ft: 41.99
  • Ratio List Price By Acres: 611980.94
  • Ratio List Price By Sq Ft: 50.34
  • Regional Board Code: Buffalo
  • School Tax: 1679
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6400
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: West State Street to S 7th Street , or West Henley to S 7th Street.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Bonus Room, Den/Study, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • 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: 3
  • Total Sq Ft: 1786

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1469

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-072-0003-037-000-0000

Tax Info

  • Total Taxes: 3569

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Feb 25, 2019
Sold by
Schreiber George J
Bought by
Conner Alicia
Seller's Agent
Merilyn Mang
No Office Affiliation
Buyer's Agent
Amy Henzel
ERA Team VP Real Estate
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Total Days on Market
103
Current Estimated Value
$116,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,126
Avg. Annual Appreciation
6.55%
Original Mortgage
$73,641
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 1, 2018
Closed on
Feb 22, 2019
Sold by
Schreiber George J
Bought by
Conner Alicia
Seller's Agent
Merilyn Mang
No Office Affiliation
Buyer's Agent
Amy Henzel
ERA Team VP Real Estate
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2006
Sold by
Cash Ruth
Bought by
Schreiber George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,750
Interest Rate
6.27%
Mortgage Type
Unknown

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
Conner Alicia $75,000 None Available
Conner Alicia $75,000 None Available
Schreiber George $65,000 J. Michael Shane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conner Alicia $104,299
Closed Conner Joss $77,700
Closed Conner Alicia $73,641
Closed Conner Alicia $73,641
Previous Owner Schreiber 4Th George J $9,750
Previous Owner Schreiber George $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $75,000 -16.6% $42 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
10/01/2018 10/01/18 For Sale $89,900 -- $50 / 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 $4,159 $65,500 $4,200 $61,300
2023 $2,466 $65,500 $4,200 $61,300
2022 $2,502 $65,500 $4,200 $61,300
2021 $2,554 $65,000 $4,200 $60,800
2020 $2,572 $65,000 $4,200 $60,800
2019 $976 $65,000 $4,200 $60,800
2018 $2,865 $65,000 $4,200 $60,800
2017 $1,959 $65,000 $4,200 $60,800
2016 $1,912 $65,000 $4,200 $60,800
2015 -- $65,000 $4,200 $60,800
2014 -- $65,000 $4,200 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1151635

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0003-037-000-0000