NOT LISTED FOR SALE

2609 W State St Olean, NY 14760

Estimated Value: $87,000 - $169,000

5 Beds
2.5 Baths
2,066 Sq Ft
$67/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $57,000 $28 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $954/month

314 Days on Market

Highlights

  • Second Garage
  • Full Attic
  • Formal Dining Room
  • Wood Flooring
  • Bonus Room
  • 4 Car Detached Garage

About This Home

As of July 2023

Here's Your Opportunity! This House is back on the market, due to an out of town buyer not understanding our local real estate process and timeline! EXCELLENT COMMERCIAL LOCATION!! Huge Older home filled with classic hardwood floors and doors, including pocket doors. It is full of charm and potential to be restored to its former glory! The downstairs has a living room, dining room, foyer, kitchen and even a full bath and bedroom. Upstairs you will find 4 more bedrooms, a bath and a smaller room for a walk-in closet, nursery or sitting room. This home also boasts a full attic and basement, and a very large 2+1 car garage and another garage to the side. This house needs some updating and renovations and will be a Magnificent Home once completed! Unfortunately, this place comes "as is". While it was vacant, at one point the pipes froze, so partial pipes need to be replaced.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 08/27/2022

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 150 x 60
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

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

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Stone Driveway

Utilities

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

Additional Features

  • Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 041200-094-062-0002-050-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 71500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 60
  • Lot Information: Commercial Zoning, Near Bus Line, Neighborhood Street, Primary Road
  • Lot Number: 50
  • Nearest Cross Street: 26th st
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 275895.45
  • Ratio Close Price By Sq Ft: 27.59
  • Ratio List Price By Acres: 285575.99
  • Ratio List Price By Sq Ft: 28.56
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1897
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 9000
  • Age of Building: 118
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 2066
  • Directions To Property: Across from McDonalds Restaurant on W State St
  • Sq Ft Total Pub: 2066
  • Attribution Contact: 716-307-8894
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Foyer/Entry Hall, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Half Bathrooms in the Basement: 1
  • Number of Rooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 5
  • Total Sq Ft: 2066

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.2066

Garage/Parking

  • Driveway Description: Blacktop, Stone/Gravel
  • Garage Description: 2nd Garage, Detached
  • Number of Garage Spaces: 4.0000

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

Lot Info

  • Parcel Number: 041200-094-062-0002-050-000-0000

Tax Info

  • Total Taxes: 3912

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Jul 13, 2023
Sold by
Milton Barger Est and Roulo
Bought by
Drake Dewayne
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$69,000
Sold Price
$57,000
Premium/Discount to List
-$12,000
-17.39%
Views
479
Current Estimated Value
$138,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,088
Avg. Annual Appreciation
48.64%

Purchase Details

Closed on
Jul 26, 2004
Sold by
Barger Milton
Bought by
Milton Barger
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
Drake Dewayne $57,000 None Available
Milton Barger -- Michael Shane
Milton Barger -- Michael Shane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Dewayne $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $57,000 -3.4% $28 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $59,000 -14.5% $29 / Sq Ft
06/27/2023 06/27/23 For Sale $69,000 0.0% $33 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $69,000 -8.0% $33 / Sq Ft
01/18/2023 01/18/23 Price Changed $75,000 -11.8% $36 / Sq Ft
11/30/2022 11/30/22 Price Changed $85,000 -10.5% $41 / Sq Ft
08/27/2022 08/27/22 For Sale $95,000 -- $46 / 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 $2,699 $71,500 $5,000 $66,500
2023 $2,692 $71,500 $5,000 $66,500
2022 $2,731 $71,500 $5,000 $66,500
2021 $2,810 $71,500 $5,000 $66,500
2020 $2,449 $71,500 $5,000 $66,500
2019 $776 $71,500 $5,000 $66,500
2018 $1,598 $71,500 $5,000 $66,500
2017 $787 $71,500 $5,000 $66,500
2016 $676 $71,500 $5,000 $66,500
2015 -- $71,500 $5,000 $66,500
2014 -- $71,500 $5,000 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1429916

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-062-0002-050-000-0000