NOT LISTED FOR SALE

228 N 3rd St Olean, NY 14760

Estimated Value: $92,000 - $140,000

4 Beds
1.5 Baths
1,608 Sq Ft
$74/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $24,000 $15 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $784/month

40 Days on Market

Highlights

  • Finished Attic
  • Home Office
  • Porch
  • Full Attic
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of June 2016

This four bedroom home is located in the historical district with many possibilities. Great space for anyone. Third floor is finished and can be used for a master bedroom or rec room. Put some love back into this home and it will be phenomenal.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 01/21/2016

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 100 x 38

Home Design

  • Stone Foundation

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Full Attic
  • Finished Attic

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Porch

Schools

  • Washington West Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-065-0001-028-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 116
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 38
  • Lot Information: Neighborhood Street
  • L P Per Acre: 443333.3300
  • List Price per Sq Ft: 24.8134
  • Nearest Cross Street: West Sullivan Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 266666.67
  • Ratio Close Price By Sq Ft: 14.93
  • Ratio List Price By Acres: 443333.33
  • Ratio List Price By Sq Ft: 24.81
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1590
  • Sale Price List Price: 0.6015
  • S P Per Acre: 266666.6700
  • S P Per Sq Ft: 14.9300
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 39900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: West Sullivan to north third
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Foyer/Entry Hall, Laundry-1st Floor, Living Room, Office, Porch - Open
  • Attic Description: Finished, Full, Stair Access
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms 3rd Floor: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 9
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1608

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0900

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary

Lot Info

  • Parcel Number: 041200-094-065-0001-028-000-0000

Tax Info

  • Total Taxes: 3326

MLS Schools

  • Elementary School Name: Washington West Elementary
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Jun 6, 2016
Sold by
Fedison Edna Leora
Bought by
Champlin Brian D
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals
List Price
$49,900
Sold Price
$24,000
Premium/Discount to List
-$25,900
-51.9%
Total Days on Market
40
Current Estimated Value
$119,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,287
Avg. Annual Appreciation
18.01%
Original Mortgage
$35,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2001
Sold by
Nowak Lawrence V and Nowak Susan C
Bought by
Fedison Edna Leora

Purchase Details

Closed on
Oct 25, 1995
Sold by
Management Co Inc Associates
Bought by
Nowak Lawrence and Nowak Susan C

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
Champlin Brian D $24,000 Eric Firkel
Fedison Edna Leora $46,000 Gerardus A Backhaus
Nowak Lawrence $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champlin Brian $31,686
Closed Champlin Brian D $32,448
Closed Champlin Brian D $35,000
Previous Owner Fedison Edna L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $24,000 -51.9% $15 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $49,900 -- $31 / 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 $4,000 $63,000 $3,100 $59,900
2023 $2,372 $63,000 $3,100 $59,900
2022 $2,406 $63,000 $3,100 $59,900
2021 $2,476 $63,000 $3,100 $59,900
2020 $2,493 $63,000 $3,100 $59,900
2019 $946 $63,000 $3,100 $59,900
2018 $3,398 $63,000 $3,100 $59,900
2017 $2,554 $63,000 $3,100 $59,900
2016 $2,245 $63,000 $3,100 $59,900
2015 -- $63,000 $3,100 $59,900
2014 -- $63,000 $3,100 $59,900
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2016

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    251 Total Sales

    Kelly Patrone
    Section Image
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Map

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

MLS Number: B491960

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0001-028-000-0000

New York Cattaraugus County Olean 14760

228 N 3rd St, Olean, NY

Homes for Sale in Olean, NY

This home is located at 228 N 3rd St, Olean, NY 14760 since 21 January 2016 and is currently estimated at $119,287, approximately $74 per square foot. This property was built in 1900. 228 N 3rd St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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