NOT LISTED FOR SALE

226 5th Ave Olean, NY 14760

Estimated Value: $65,000 - $85,000

2 Beds
1 Bath
720 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 27, 2013

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

Est. 229% increase in value since last sale

Current estimated payment $475/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 Agent to Sell the Property

Alberta Riggs

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

Co-Listed By

Christine Young

Listing by Howard Hanna Professionals - Olean License #40YO1152644

Last Buyer's Agent

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003

Howard Hanna Professionals - Olean

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 - Olean
List Price
$32,900
Sold Price
$22,500
Premium/Discount to List
-$10,400
-31.61%
Current Estimated Value
$74,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,634
Avg. Annual Appreciation
10.56%
Source: Public Records

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 $793 $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

  • A

    Seller's Agent in 2013

    Alberta Riggs

    No Office Affiliation

  • C

    Seller Co-Listing Agent in 2013

    Christine Young

    Howard Hanna

    Section Image

  • J

    Buyer's Agent in 2013

    John Dwaileebe

    Howard Hanna

    (716) 378-3953

    62 in this area

    93 Total Sales

    John Dwaileebe
    Section Image
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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

New York Cattaraugus County Olean 14760

226 5th Ave, Olean, NY

This home is located at 226 5th Ave, Olean, NY 14760 since 11 September 2012 and is currently estimated at $74,134, approximately $102 per square foot. This property was built in 1900. 226 5th Ave is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

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