NOT LISTED FOR SALE

229 Root St Olean, NY 14760

Estimated Value: $91,000 - $111,000

3 Beds
1 Bath
1,400 Sq Ft
$71/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $55,000 $39 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $649/month

171 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Pantry
  • Woodwork
  • Full Attic
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of October 2014

Big Back Yard, Garage and Charm! Top 3 on your checklist! Charming 3 bedroom home on a dead end street. The kitchen was recently updated with new lighting and cabinetry and features a really nice walk in pantry. The bedrooms are spacious and the master has a great walk in closet.Full basement,garage, full walk up attic make for plenty of storage. Call for your appointment, you won't be disappointed.

Last Agent to Sell the Property

Beth Ann Hilyer

Listing by No Office Affiliation License #10401229604 Listed on: 02/14/2014

Last Buyer's Agent

Beth Ann Hilyer

Listing by No Office Affiliation License #10401229604 Listed on: 02/14/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 125 x 50
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • Wall to Wall Carpet
  • Full Attic
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-049-0004-049-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 99
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 60900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 427857.1400
  • List Price per Sq Ft: 42.7857
  • Nearest Cross Street: N 1ST
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 392857.14
  • Ratio Close Price By Sq Ft: 39.29
  • Ratio List Price By Acres: 427857.14
  • Ratio List Price By Sq Ft: 42.79
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1502
  • Sale Price List Price: 0.9181
  • S P Per Acre: 392857.1400
  • S P Per Sq Ft: 39.2900
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 59900.00
  • Year Built Description: Existing
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: North Union Street ext to N 1st , right on Root St Last house on Left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Electrical Fuses - some, Natural Woodwork - some
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement, Living Room
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Walk-In Pantry
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1400

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.1400

Garage/Parking

  • Driveway Description: Pavers
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

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: 041200-094-049-0004-049-000-0000

Tax Info

  • Total Taxes: 3148

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Oct 8, 2014
Sold by
Magnano Patricia
Bought by
Gayton Amy
Seller's Agent
Beth Ann Hilyer
No Office Affiliation
Buyer's Agent
Beth Ann Hilyer
No Office Affiliation
List Price
$62,000
Sold Price
$55,000
Premium/Discount to List
-$7,000
-11.29%
Current Estimated Value
$99,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,013
Avg. Annual Appreciation
5.49%
Original Mortgage
$48,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Gayton Amy $55,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Amy L $50,000
Closed Gayton Amy $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2014 10/08/14 Sold $55,000 -11.3% $39 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $62,000 -- $44 / 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 $1,507 $55,000 $4,800 $50,200
2023 $2,071 $55,000 $4,800 $50,200
2022 $2,101 $55,000 $4,800 $50,200
2021 $2,161 $55,000 $4,800 $50,200
2020 $1,535 $55,000 $4,800 $50,200
2019 $826 $55,000 $4,800 $50,200
2018 $2,326 $55,000 $4,800 $50,200
2017 $1,553 $55,000 $4,800 $50,200
2016 $1,511 $55,000 $4,800 $50,200
2015 -- $55,000 $4,800 $50,200
2014 -- $60,900 $4,800 $56,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B445788

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-049-0004-049-000-0000