NOT LISTED FOR SALE

229 Root St Olean, NY 14760

Estimated Value: $97,000 - $132,000

3 Beds
1 Bath
1,400 Sq Ft
$77/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2014

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

Est. 97% increase in value since last sale

Current estimated payment $715 / mo

171 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Pantry
  • Woodwork
  • Separate Formal Living Room
  • 1 Car Detached Garage
  • Laundry Room

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 50x125
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage
  • Driveway with Pavers

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Entrance Foyer
  • Separate Formal Living Room
  • Carpet
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Utilities

  • Forced Air Heating 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

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1915
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: North Union Street ext to N 1st , right on Root St Last house on Left.
  • Architectural Style: Traditional
  • Flooring: Carpet, Varies
  • Garage Yn: Yes
  • Interior Features: Entrance Foyer, Separate/Formal Living Room, Other, See Remarks, Walk-In Pantry, Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Fuses
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Fence
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paver Block

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-049-0004-049-000-0000
  • Lot Dimensions: 50X125
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3148.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Oct 8, 2014
Sold by
Bought by
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
$108,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,375
Avg. Annual Appreciation
5.98%
Original Mortgage
$48,000
Outstanding Balance
$29,917
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,458
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$55,000 Daniel Palumbo
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $48,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,564 $55,000 $4,800 $50,200
2024 $3,478 $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

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