NOT LISTED FOR SALE

226 5th Ave Olean, NY 14760

Estimated Value: $67,843 - $90,000

2 Beds
1 Bath
720 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $22,500 $31 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $536/month

292 Days on Market

Highlights

  • Great Room
  • Space Heater
  • 1-Story Property
  • Combination Kitchen and Living
  • Wall to Wall Carpet

About This Home

As of August 2013

Cozy ranch style home. Open floor plan with great room, two bedrooms and one bath. Great potential as a starter home or investment property.

Last Listed By

Alberta Riggs

Listing by No Office Affiliation License #30RI0303247 Listed on: 09/11/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 124 x 43

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Combination Kitchen and Living
  • Free-Standing Range

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway
  • Dirt Driveway

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041200-094-050-0003-034-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 112
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 21000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 43
  • L P Per Acre: 274166.6700
  • List Price per Sq Ft: 45.6944
  • Nearest Cross Street: Paragon
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 187500.00
  • Ratio Close Price By Sq Ft: 31.25
  • Ratio List Price By Acres: 274166.67
  • Ratio List Price By Sq Ft: 45.69
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 504
  • Sale Price List Price: 0.6838
  • S P Per Acre: 187500.0000
  • S P Per Sq Ft: 31.2500
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 32900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Front St. to Paragon Ave to Fifth Ave.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Great Room
  • Basement Description: Slab
  • Floor Description: Laminate-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding
  • Kitchen Dining Description: Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 720

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1200

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Space Heater
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-050-0003-034-000-0000

Tax Info

  • Total Taxes: 1072

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2012
Closed on
Aug 23, 2013
Sold by
Dunbar Sadie
Bought by
Hughes Raymond B
Seller's Agent
Alberta Riggs
No Office Affiliation
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals
List Price
$32,900
Sold Price
$22,500
Premium/Discount to List
-$10,400
-31.61%
Total Days on Market
292
Current Estimated Value
$76,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,211
Avg. Annual Appreciation
9.98%

Range of Values:

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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
Hughes Raymond B $22,500 Nicholas A., Jr Dicerbo
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $22,500 -31.6% $31 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $32,900 -- $46 / 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 $1,333 $21,000 $4,600 $16,400
2023 $791 $21,000 $4,600 $16,400
2022 $802 $21,000 $4,600 $16,400
2021 $825 $21,000 $4,600 $16,400
2020 $315 $21,000 $4,600 $16,400
2019 $528 $21,000 $4,600 $16,400
2018 $628 $21,000 $4,600 $16,400
2017 $337 $21,000 $4,600 $16,400
2016 $331 $21,000 $4,600 $16,400
2015 -- $21,000 $4,600 $16,400
2014 -- $21,000 $4,600 $16,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B416203

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0003-034-001-0000