NOT LISTED FOR SALE

242 S Barry St Olean, NY 14760

Estimated Value: $103,571

3 Beds
2 Baths
2,012 Sq Ft
$51/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $125,000 $62 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $646/month

8 Days on Market

Highlights

  • Second Kitchen
  • Sun or Florida Room
  • 1 Car Attached Garage
  • Wood Flooring
  • Fenced Yard
  • In-Law or Guest Suite

About This Home

As of July 2023

Solid South Olean home that can be either a single family or a 2-bedroom home with a 1-bedroom apartment/in-law suite, with a outside private entrance available. Newer furnace, hot water tank 5 years old. All windows have been updated within the last 10 years except bay window. Newly tastefully painted throughout over the past 2 years with all flooring, lighting updated as well. Upstairs apartment remodeled 2 years ago with beautiful hardwood floors. Downstairs bathroom remodel just finished. Relax in the 2 available 3 season sunroom overlooking the large fenced in back yard. Nonsmoking home that is in move in condition! All appliances stay with the home. All offers due 05/15/23 at 5PM.

Last Agent to Sell the Property

Katy Gerrity

Listing by ERA Team VP-Olean License #10401366686 Listed on: 05/08/2023

ERA Team VP-Olean

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 1893

Lot Details

  • 5,440 Sq Ft Lot
  • Lot Dimensions are 136 x 40
  • Fenced Yard

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sun or Florida Room

Kitchen

  • Second Kitchen
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts in Garage
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 041200-094-073-0004-041-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,089

Year Built

Built in 1893

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 56900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 136
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 41
  • Nearest Cross Street: E. Green St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1000800.64
  • Ratio Close Price By Sq Ft: 62.13
  • Ratio List Price By Acres: 1120096.08
  • Ratio List Price By Sq Ft: 69.53
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles
  • School Tax: 1501
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5440
  • Age of Building: 130
  • Garage Amenities: Electrical Service
  • Year Built: 1893
  • Above Grade Finished Sq Ft: 2012
  • Directions To Property: East State Street to South Barry Street. House on right.
  • Sq Ft Total Pub: 2012
  • Attribution Contact: 585-808-5244
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1893

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Pex Plumbing- Some
  • Additional Rooms: 1st Floor Bedroom, Florida/Sun Room- Unheated, In-Law - see Remarks, In-Law Suite, Laundry-Basement
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Freestanding, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: 2nd Kitchen
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2012

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Garage Door Opener
  • Number of Acres: 0.1249

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 041200-094-073-0004-041-000-0000

Tax Info

  • Total Taxes: 3089

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Gerrity Katy M
Bought by
Antle Jonathan P and White Alexis M
Current Estimated Value
$103,571

Purchase Details

Listed on
Jun 23, 2016
Closed on
Feb 14, 2017
Sold by
Donna M Estate Robbins
Bought by
Gerrity Katy M
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
John Skadowski
Howard Hanna Professionals - Olean
List Price
$62,000
Sold Price
$35,000
Premium/Discount to List
-$27,000
-43.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%
Original Mortgage
$25,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Schnell Helen
Bought by
Schnell Helen E

Purchase Details

Closed on
Mar 15, 2001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Antle Jonathan P $29,000 None Available
Gerrity Katy M -- Brian C. Palumbo
Schnell Helen E -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerrity Katy M $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2023 07/18/23 Sold $125,000 -10.7% $62 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $139,900 +299.7% $70 / Sq Ft
02/21/2017 02/21/17 Sold $35,000 -43.5% $17 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $62,000 -- $31 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,420 $69,900 $3,700 $66,200
2023 $2,142 $56,900 $3,700 $53,200
2022 $2,173 $56,900 $3,700 $53,200
2021 $2,236 $56,900 $3,700 $53,200
2020 $2,251 $56,900 $3,700 $53,200
2019 $854 $56,900 $3,700 $53,200
2018 $3,069 $56,900 $3,700 $53,200
2017 $3,940 $56,900 $3,700 $53,200
2016 $1,587 $56,900 $3,700 $53,200
2015 -- $56,900 $3,700 $53,200
2014 -- $56,900 $3,700 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1466803

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-073-0004-041-000-0000