NOT LISTED FOR SALE

2611 W River Rd Olean, NY 14760

Estimated Value: $65,000 - $106,000

2 Beds
1 Bath
2,236 Sq Ft
$41/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $15,500 $7 Per Sq Ft

Est. 486% increase in value since last sale

Current estimated payment $571/month

Highlights

  • 0.52 Acre Lot
  • Forced Air Cooling System
  • 1-Story Property
  • 1 Car Detached Garage
  • Wood Burning Fireplace

About This Home

As of December 2019

This home is located at 2611 W River Rd, Olean, NY 14760 since 30 December 2019 and is currently estimated at $90,770, approximately $40 per square foot. This property was built in 1950. 2611 W River Rd is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Last Agent to Sell the Property

Tena Smith

Listing by Kyser Realty Inc. License #10311204648 Listed on: 12/30/2019

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 225 x 100

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 31
  • Assessor Parcel Number 046600-094-003-0004-031-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 61100
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 225
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • Lot Number: 31
  • Nearest Cross Street: South Union
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 30009.68
  • Ratio Close Price By Sq Ft: 6.93
  • Ratio List Price By Acres: 40464.67
  • Ratio List Price By Sq Ft: 9.35
  • Regional Board Code: Buffalo
  • School Tax: 1366
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 22500
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: West River Road
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom
  • Basement Description: Full
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 2236

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.5165

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 046600-094-003-0004-031-000-0000

Tax Info

  • Total Taxes: 2810

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
Dec 6, 2019
Sold by
Feder Mortgage Corpor
Bought by
Jubera William
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$20,900
Sold Price
$15,500
Premium/Discount to List
-$5,400
-25.84%
Current Estimated Value
$90,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,270
Avg. Annual Appreciation
34.32%

Purchase Details

Listed on
Dec 30, 2019
Closed on
Dec 5, 2019
Sold by
Feder Mortgage Corpor
Bought by
Jubera William
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$20,900
Sold Price
$15,500
Premium/Discount to List
-$5,400
-25.84%

Purchase Details

Listed on
Dec 30, 2019
Closed on
Dec 3, 2019
Sold by
Fhlm
Bought by
Jubera William and Jubera Diane
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$20,900
Sold Price
$15,500
Premium/Discount to List
-$5,400
-25.84%

Purchase Details

Closed on
Jul 9, 2019
Sold by
Fuller By Referee Jo Ruth
Bought by
Fede Mortgage Corpor

Purchase Details

Closed on
Jun 24, 2019
Sold by
Fuller Ruth M and Fhlm
Bought by
Fhlm

Purchase Details

Closed on
May 31, 2019
Sold by
Fuller By Referee Jo Ruth
Bought by
Fede Mortgage Corpor

Purchase Details

Closed on
May 30, 2007
Sold by
Folts Scott
Bought by
Fuller Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,450
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1999
Sold by
Felton Lewis and Felton Phyllis
Bought by
Folts Scott L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jubera William $15,500 None Available
Jubera William $15,500 None Available
Jubera William $15,500 Westcore Title
Fede Mortgage Corpor $34,500 None Available
Fhlm $34,500 --
Fede Mortgage Corpor $34,500 None Available
Fuller Ruth $118,450 Daniel A Derose
Folts Scott L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller Ruth $118,450
Previous Owner Fede Mortgage Corpor $29,358
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $15,500 -25.8% $7 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/30/2019 12/30/19 For Sale $20,900 -- $9 / 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 $1,129 $10,385 $3,200 $7,185
2023 $623 $10,385 $3,200 $7,185
2022 $613 $10,385 $3,200 $7,185
2021 $596 $10,385 $3,200 $7,185
2020 $1,780 $10,385 $3,200 $7,185
2019 $1,210 $61,100 $3,200 $57,900
2018 $2,865 $61,100 $3,200 $57,900
2017 $2,561 $61,100 $3,200 $57,900
2016 $2,589 $61,100 $3,200 $57,900
2015 -- $61,100 $3,200 $57,900
2014 -- $61,100 $3,200 $57,900
Source: Public Records

Agents Affiliated with this Home

  • Tena Smith

    Seller's Agent in 2019

    Tena Smith

    Kyser Realty Inc.

    (716) 378-9266

    3 in this area

    31 Total Sales

    Tena Smith
    Section Image
  • Karen Callahan

    Buyer's Agent in 2019

    Karen Callahan

    RE/MAX

    (716) 244-7878

    91 in this area

    113 Total Sales

    Karen Callahan
    Section Image
See All Agents

Map

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

MLS Number: B1244114

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-094-003-0004-031-000-0000

New York Cattaraugus County Olean 14760

2611 W River Rd, Olean, NY

Not Listed for Sale

Detached

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