NOT LISTED FOR SALE

2692 Route 16 N Unit NYS Olean, NY 14760

Estimated Value: $80,333 - $138,000

2 Beds
1 Bath
984 Sq Ft
$110/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $83,000 $84 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $659/month

7 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Enclosed patio or porch
  • Full Attic
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of October 2022

NEW ON THE MARKET. FIRST TIME OFFERED. 1 FLOOR PLAN WITH PULL DOWN STAIRS FOR ACCESS TO FULL ATTIC FOR ADDITIONAL SPACE. NICE HARDWOOD FLOORS COMPLIMENTED BY FRESHLY PAINTED INTERIOR. 2 BEDROOMS. 1 FULL BATH. FORMAL LIVING ROOM AND DINING ROOM. KITCHEN WITH BREAKFAST NOOK. WOOD BURNING FIREPLACE. FIRST FLOOR LAUNDRY. ENCLOSED FRONT PORCH. GREAT STARTER HOME OR TO DOWN SIZE. MLS B 1424500.

Last Listed By

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660 Listed on: 08/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1940

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 415 x 72

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Pull Down Stairs to Attic

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 046600-085-019-0001-048-000-0000
  • $71 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,176

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Annual Special Assessment: 71
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 30900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 415
  • Lot Dimension Front: 72
  • Lot Information: Neighborhood Street
  • Lot Number: 48
  • Nearest Cross Street: MONTANA
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 120499.42
  • Ratio Close Price By Sq Ft: 84.35
  • Ratio List Price By Acres: 127032.52
  • Ratio List Price By Sq Ft: 88.92
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 440
  • Styles of Residence: Bungalow
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 30005
  • Age of Building: 82
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 984
  • Directions To Property: RT 16 NORTH FROM OLEAN
  • Sq Ft Total Pub: 984
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Porch - Enclosed
  • Attic Description: Full, Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • 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: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 984

Exterior Features

  • Number of Acres: 0.6888

Garage/Parking

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

Utilities

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

Schools

  • School District: Hinsdale

Lot Info

  • Parcel Number: 046600-085-019-0001-048-000-0000

Tax Info

  • Total Taxes: 1176

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 20, 2022
Sold by
Delong Kenneth H and Delong Susan R
Bought by
Kraft Robert W
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$87,500
Sold Price
$83,000
Premium/Discount to List
-$4,500
-5.14%
Total Days on Market
7
Views
76
Current Estimated Value
$99,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,814
Avg. Annual Appreciation
10.90%
Original Mortgage
$83,125
Outstanding Balance
$80,401
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$27,432

Purchase Details

Closed on
Sep 20, 2018
Sold by
Delong Gary
Bought by
Delong Kenneth H and Delong Susan R

Purchase Details

Closed on
Sep 7, 2018
Sold by
Delong Gary
Bought by
Delong Kenneth H and Delong Susan R

Purchase Details

Closed on
Sep 15, 2008
Sold by
Delong Kenneth
Bought by
Delong Kenneth

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
Kraft Robert W $82,500 None Available
Delong Kenneth H -- None Available
Delong Kenneth H -- None Available
Delong Kenneth -- Steven J Lord
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraft Robert W $83,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $83,000 -5.1% $84 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $87,500 -- $89 / 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 $1,241 $34,400 $8,400 $26,000
2023 $1,167 $30,900 $8,400 $22,500
2022 $1,158 $30,900 $8,400 $22,500
2021 $1,175 $30,900 $8,400 $22,500
2020 $1,179 $30,900 $8,400 $22,500
2019 $383 $30,900 $8,400 $22,500
2018 $1,163 $30,900 $8,400 $22,500
2017 $1,080 $30,900 $8,400 $22,500
2016 $1,081 $30,900 $8,400 $22,500
2015 -- $30,900 $8,400 $22,500
2014 -- $30,900 $8,400 $22,500
Source: Public Records

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

MLS Number: B1424500

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-085-019-0001-048-000-0000