NOT LISTED FOR SALE

234 W Riverside Dr Olean, NY 14760

Estimated Value: $61,000 - $79,000

2 Beds
1 Bath
816 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $29,500 $36 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $495/month

39 Days on Market

Highlights

  • River Front
  • Forced Air Cooling System
  • 1-Story Property
  • 0.97 Acre Lot
  • Combination Dining and Living Room

About This Home

As of June 2012

Smaller ranch style house with 2 bedrooms. Home is solid, just needs some cosmetics/ paint and some updates. Large 1 acre lot and borders the Allegany River. A great way to get into an inexpensive ranch home in the Olean City. City water and sewer services.

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 04/23/2012

Last Buyer's Agent

Sheryl Chamberlain

Listing by No Office Affiliation License #30CH1057869

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 260 x 162
  • River Front

Parking

  • No Garage

Home Design

  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Linoleum Flooring
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-073-0008-002-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Age: 72
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 41000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 260
  • Lot Dimension Front: 162
  • Lot Information: Water View
  • L P Per Acre: 41134.0200
  • List Price per Sq Ft: 48.8970
  • Nearest Cross Street: South Union St
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 30412.37
  • Ratio Close Price By Sq Ft: 36.15
  • Ratio List Price By Acres: 41134.02
  • Ratio List Price By Sq Ft: 48.90
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 970
  • Sale Price List Price: 0.7393
  • S P Per Acre: 30412.3700
  • S P Per Sq Ft: 36.1519
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 39900.00
  • Year Built Description: Existing
  • Age of Building: 83
  • Year Built: 1940
  • Directions To Property: South rt. 16 to West Riverside drive. house is on right
  • WaterRelatedFeatures: Water View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Copper Plumbing - Some
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Living/Dining Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 816

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.9700
  • Waterfront Description: River/Stream/Creek

Garage/Parking

  • Driveway Description: Parking Area
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean
  • Elementary School: Other - See Remarks
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-073-0008-002-000-0000

Tax Info

  • Total Taxes: 2072

MLS Schools

  • 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
Apr 23, 2012
Closed on
Jun 22, 2012
Sold by
Moore Herman
Bought by
Frank Matthew
Seller's Agent
Joseph Chamberlain
No Office Affiliation
Buyer's Agent
Sheryl Chamberlain
No Office Affiliation
List Price
$39,900
Sold Price
$29,500
Premium/Discount to List
-$10,400
-26.07%
Current Estimated Value
$73,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,571
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jan 8, 2002
Sold by
Estate-Morabito Frank
Bought by
Moore Herman R
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
Frank Matthew $29,500 Daniel Palumbo
Moore Herman R $25,500 Gregory Shemeld
Moore Herman R $25,500 Gregory Shemeld
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $29,500 -26.1% $36 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $39,900 -- $49 / 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 $1,284 $34,000 $11,400 $22,600
2023 $1,280 $34,000 $11,400 $22,600
2022 $1,299 $34,000 $11,400 $22,600
2021 $1,336 $34,000 $11,400 $22,600
2020 $1,437 $34,000 $11,400 $22,600
2019 $681 $41,000 $11,400 $29,600
2018 $2,896 $41,000 $11,400 $29,600
2017 $1,662 $41,000 $11,400 $29,600
2016 $1,644 $41,000 $11,400 $29,600
2015 -- $41,000 $11,400 $29,600
2014 -- $41,000 $11,400 $29,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joseph Chamberlain

    No Office Affiliation

    Section Image

  • S

    Buyer's Agent in 2012

    Sheryl Chamberlain

    No Office Affiliation

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Map

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

MLS Number: B406481

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-073-0008-002-000-0000

New York Cattaraugus County Olean 14760

234 W Riverside Dr, Olean, NY

This home is located at 234 W Riverside Dr, Olean, NY 14760 since 23 April 2012 and is currently estimated at $73,071, approximately $89 per square foot. This property was built in 1940. 234 W Riverside Dr 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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