NOT LISTED FOR SALE

228 N 3rd St Olean, NY 14760

Estimated Value: $124,000 - $173,000

4 Beds
1.5 Baths
1,608 Sq Ft
$92/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2016

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

Est. 519% increase in value since last sale

Current estimated payment $995 / mo

40 Days on Market

Highlights

  • Attic
  • Separate Formal Living Room
  • Formal Dining Room
  • 1 Fireplace
  • Home Office
  • Porch

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 Agent to Sell the Property

Kelly Patrone

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

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

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

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 38x100

Home Design

  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Carpet
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Washington West Elementary School

Utilities

  • Forced Air Heating and 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

3,920 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • ResoLaundryFeatures: Main Level
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: West Sullivan to north third
  • Architectural Style: Two Story
  • Flooring: Carpet, Varies
  • Garage Yn: No
  • Interior Features: Attic, Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room, Home Office
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.09
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-065-0001-028-000-0000
  • Lot Dimensions: 38X100
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3326.0

MLS Schools

  • Elementary School: Washington West Elementary

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 - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$49,900
Sold Price
$24,000
Premium/Discount to List
-$25,900
-51.9%
Current Estimated Value
$148,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,615
Avg. Annual Appreciation
20.24%
Original Mortgage
$35,000
Outstanding Balance
$11,485
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,130

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
Source: Public Records
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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 D $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $2,418 $63,000 $3,100 $59,900
2024 $3,983 $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

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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

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