NOT LISTED FOR SALE

2674 Smith Hollow Rd Olean, NY 14760

Estimated Value: $64,000 - $113,000

2 Beds
1 Bath
1,050 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $35,900 $34 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $526/month

67 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Porch
  • Main Floor Bedroom
  • Log Cabin
  • Eat-In Kitchen

About This Home

As of September 2023

Cozy Log Cabin home offers great views from the covered front and rear porches. Kitchen opens to the great room with cathedral ceiling and wood burning fireplace. One first floor bedroom and full bathroom, 2nd floor bedroom has plenty of storage space. Walk out basement could be finished for more living space.

Last Agent to Sell the Property

Elizabeth Fadale

Listing by Danahy Real Estate License #10301207188 Listed on: 06/10/2023

Last Buyer's Agent

Elizabeth Fadale

Listing by Danahy Real Estate License #10301207188 Listed on: 06/10/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 223 x 135
  • Road Access Is Seasonal
  • Rural Setting

Parking

  • No Garage

Home Design

  • Log Cabin
  • Block Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 19
  • Assessor Parcel Number 044600-085-002-0001-019-004-0000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 73000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 223
  • Lot Dimension Front: 135
  • Lot Information: Rural Road, Seasonal Road
  • Lot Number: 19
  • Nearest Cross Street: Dutton
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 51908.62
  • Ratio Close Price By Sq Ft: 34.19
  • Ratio List Price By Acres: 64921.92
  • Ratio List Price By Sq Ft: 42.76
  • Regional Board Code: Buffalo
  • School Tax: 875
  • Styles of Residence: Log Home
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 30125
  • Age of Building: 45
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1050
  • Directions To Property: Dutton Road to Smith Hollow
  • Sq Ft Total Pub: 1050
  • EnergyEquipment: None
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Great Room, Laundry-Basement, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Exterior Walkout
  • Floor Description: Wood-Some
  • Kitchen Dining Description: Eat-In, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 1
  • 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: 1050

Exterior Features

  • Construction: Log Home
  • Number of Acres: 0.6916

Garage/Parking

  • Garage Description: No Garage

Utilities

  • Hvac Type: Forced Air
  • Sewer Description: Septic

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 044600-085-002-0001-019-004-0000

Tax Info

  • Total Taxes: 2149

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Aug 24, 2023
Sold by
Reo T
Bought by
Dutton Michael
Seller's Agent
Elizabeth Fadale
Danahy Real Estate
Buyer's Agent
Elizabeth Fadale
Danahy Real Estate
List Price
$54,900
Sold Price
$35,900
Premium/Discount to List
-$19,000
-34.61%
Views
1124
Current Estimated Value
$80,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,756
Avg. Annual Appreciation
41.33%

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jul 15, 2023
Sold by
Boyer Cheryl A and Raszeja Terry A
Bought by
Reo T2022 Nr1
Seller's Agent
Elizabeth Fadale
Danahy Real Estate
Buyer's Agent
Elizabeth Fadale
Danahy Real Estate
List Price
$54,900
Sold Price
$35,900
Premium/Discount to List
-$19,000
-34.61%
Views
1124
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dutton Michael $35,900 None Available
Reo T2022 Nr1 $50,891 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $35,900 -20.0% $34 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $44,900 -0.2% $43 / Sq Ft
07/21/2023 07/21/23 Price Changed $45,000 -9.8% $43 / Sq Ft
06/27/2023 06/27/23 Price Changed $49,900 -9.1% $48 / Sq Ft
06/10/2023 06/10/23 For Sale $54,900 -- $52 / 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 $1,252 $40,000 $6,800 $33,200
2023 $2,275 $73,000 $6,800 $66,200
2022 $2,076 $73,000 $6,800 $66,200
2021 $2,270 $73,000 $6,800 $66,200
2020 $1,795 $73,000 $6,800 $66,200
2019 $164 $73,000 $6,800 $66,200
2018 $1,460 $73,000 $6,800 $66,200
2017 $1,469 $73,000 $6,800 $66,200
2016 $1,456 $73,000 $6,800 $66,200
2015 -- $73,000 $6,800 $66,200
2014 -- $73,000 $6,800 $66,200
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Fadale

    Seller's Agent in 2023

    Elizabeth Fadale

    Danahy Real Estate

    (716) 903-0394

    1 in this area

    233 Total Sales

    Elizabeth Fadale
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Map

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

MLS Number: B1477217

Western New York Real Estate Information Services (WNYREIS)

APN: 044600-085-002-0001-019-004-0000

New York Cattaraugus County Olean 14760

2674 Smith Hollow Rd, Olean, NY

Not Listed for Sale

Detached

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