NOT LISTED FOR SALE

2764 Route 16 N Unit NYS Olean, NY 14760

Estimated Value: $88,000 - $123,000

3 Beds
1 Bath
1,496 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2023

Last sale price $32,500 $22 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $700 / mo

17 Days on Market

Highlights

  • Separate Formal Living Room
  • Formal Dining Room
  • Forced Air Heating System
  • Home Office
  • Country Kitchen
  • Historic Home

About This Home

As of August 2023

Great opportunity for someone wanting to live in the Hinsdale School District. This home has so many unfinished possibilities. There is a decent sized lot in the back yard. This home could be flipped or used as an income property. Don't miss out on the opportunity to own a property on the outskirts of Olean and enjoy the benefit of Hinsdale taxes.

Last Agent to Sell the Property

Janna Davis

Listing by ERA Team VP Real Estate Brokerage Phone: 716-307-0472 License #10401323321 Listed on: 04/17/2023

Last Buyer's Agent

Janna Davis

Listing by ERA Team VP Real Estate Brokerage Phone: 716-307-0472 License #10401323321 Listed on: 04/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1920

Lot Details

  • 14,000 Sq Ft Lot
  • Lot Dimensions are 70x200
  • Historic Home

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • Country Kitchen
  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Dirt Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 046600-085-019-0001-011-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1920

Lot Details

0.32 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Attribution Contact: 716-307-0472
  • Road Frontage Type: Main Thoroughfare
  • Directions: From Olean take Rt. 16N. Look for the ERA sign
  • Architectural Style: Historic/Antique, Two Story
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room, Separate/Formal Living Room, Home Office, Country Kitchen
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3214
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Dirt Driveway, Gravel Driveway
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Hinsdale

Lot Info

  • Parcel Number: 046600-085-019-0001-011-000-0000
  • Lot Dimensions: 70X200
  • Lot Size Sq Ft: 14000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1580.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Aug 27, 2023
Sold by
Adamchick Mark I
Bought by
Hadden Valerie
Seller's Agent
Janna Davis
ERA Team VP Real Estate
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$50,000
Sold Price
$32,500
Premium/Discount to List
-$17,500
-35%
Views
108
Current Estimated Value
$106,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,509
Avg. Annual Appreciation
55.19%

Purchase Details

Closed on
Jun 16, 2020
Sold by
Us Bank Na
Bought by
Lux Heath

Purchase Details

Closed on
Nov 7, 2003
Sold by
Blough Kathryn
Bought by
Lawton Chad

Purchase Details

Closed on
Jun 4, 2001
Sold by
Cattaraugus County
Bought by
Blough Kathryn

Purchase Details

Closed on
Feb 13, 2001
Sold by
Weigartz Keith J
Bought by
County Of Cattaraugus
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
Hadden Valerie $32,500 None Available
Lux Heath -- None Available
Lawton Chad $52,470 Gregory Shemeld
Blough Kathryn $10,500 --
County Of Cattaraugus -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $32,500 -35.0% $22 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $50,000 -- $33 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $1,661 $44,900 $7,800 $37,100
2024 $1,670 $44,900 $7,800 $37,100
2023 $1,590 $44,900 $7,800 $37,100
2022 $1,580 $44,900 $7,800 $37,100
2021 $1,605 $44,900 $7,800 $37,100
2020 $1,184 $44,900 $7,800 $37,100
2019 $267 $44,900 $7,800 $37,100
2018 $1,160 $44,900 $7,800 $37,100
2017 $1,062 $44,900 $7,800 $37,100
2016 $1,068 $44,900 $7,800 $37,100
2015 -- $44,900 $7,800 $37,100
2014 -- $44,900 $7,800 $37,100
Source: Public Records

Agents Affiliated with this Home

  • Janna Davis

    Seller's Agent in 2023

    Janna Davis

    ERA Team VP Real Estate

    (716) 307-0472

    31 in this area

    97 Total Sales

    Janna Davis
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Map

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

MLS Number: B1465255

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-085-019-0001-011-000-0000

New York Cattaraugus County Olean 14760

2764 Route 16 N Unit NYS, Olean, NY

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