NOT LISTED FOR SALE

285 Hamilton Ave Olean, NY 14760

Estimated Value: $158,000 - $214,000

4 Beds
1.5 Baths
1,414 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $100,000 $71 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,118/month

63 Days on Market

Highlights

  • On Golf Course
  • Wood Flooring
  • Full Attic
  • 0.39 Acre Lot
  • Finished Attic
  • Screened Porch

About This Home

As of August 2018

Very nice well kept home in a quiet neighborhood. The 4 bedroom home has been updated over the years. It sits along side the Bartlett Country Club Golf Coarse. Nice views. Up on a hill top. Fully fenced yard and screen room for a relaxing dinner or evening sit.
The home has a fully finished basement, with canning kitchen, laundry, and large pantry.

Last Agent to Sell the Property

Richard Jackson

Listing by EXP Realty License #10301218263 Listed on: 03/29/2018

EXP Realty

Last Buyer's Agent

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 172 x 100
  • On Golf Course
  • Fenced Yard

Home Design

  • Block Foundation

Interior Spaces

  • 1,414 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Drapes & Rods
  • Family Room
  • Living Room
  • Workshop
  • Screened Porch

Kitchen

  • Country Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Full Attic
  • Finished Attic

Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 041200-094-042-0003-014-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 101000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 172
  • Lot Dimension Front: 100
  • Lot Information: On Golf Course, Secondary Road
  • Lot Number: 14
  • Nearest Cross Street: Main St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 253228.67
  • Ratio Close Price By Sq Ft: 70.72
  • Ratio List Price By Acres: 316535.83
  • Ratio List Price By Sq Ft: 88.40
  • Regional Board Code: Buffalo
  • School Tax: 2657
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 17200
  • Age of Building: 71
  • Garage Amenities: Shop Space, Storage
  • Year Built: 1951
  • Directions To Property: From center of Olean, N. Union St to Main St, left on Main St past hospital. Right on Hamilton to # 285 on Left at the top of the hill.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Drapes - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Family Room, Laundry-Basement, Living Room, Porch - Screened, Workshop
  • Attic Description: Finished, Full
  • Basement Description: Finished, Full
  • Floor Description: Ceramic-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Dryer, Microwave, Oven/Range Electric, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 1st Floor: 3
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Half Bathrooms in the Basement: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1414

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Fully Fenced Yard, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.3949

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC Unit-Window, Baseboard, Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-042-0003-014-000-0000

Tax Info

  • Total Taxes: 5564

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Russell Gina C and Palumbo Gina C
Bought by
Russell Richard P and Russell Gina C
Current Estimated Value
$179,075

Purchase Details

Closed on
Jan 7, 2020
Sold by
Russell Richard P
Bought by
Russell Richard P and Hodges Melissa A

Purchase Details

Closed on
Nov 1, 2019
Sold by
Russell Richard
Bought by
Russell Richard

Purchase Details

Listed on
Mar 29, 2018
Closed on
Aug 15, 2018
Sold by
Helmuth Jacobi Est
Bought by
Palumbo Gina
Seller's Agent
Richard Jackson
EXP Realty
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$7,480
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 29, 2018
Closed on
Aug 14, 2018
Sold by
Helmuth Jacobi Est
Bought by
Palumbo Gina
Seller's Agent
Richard Jackson
EXP Realty
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,480
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 29, 2018
Closed on
Aug 2, 2018
Sold by
Jacobi Robert D and Jacobi Helmuth
Bought by
Palumbo Gina C
Seller's Agent
Richard Jackson
EXP Realty
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,480
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Russell Richard P -- None Available
Russell Richard P -- None Available
Russell Richard $20,000 --
Palumbo Gina $100,000 None Available
Palumbo Gina $100,000 None Available
Palumbo Gina C $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palumbo Gina C $7,480
Previous Owner Palumbo Gina C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2018 08/14/18 Sold $100,000 -20.0% $71 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $125,000 -- $88 / 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 $6,386 $101,000 $23,200 $77,800
2023 $3,802 $101,000 $23,200 $77,800
2022 $3,857 $101,000 $23,200 $77,800
2021 $3,969 $101,000 $23,200 $77,800
2020 $3,996 $101,000 $23,200 $77,800
2019 $1,516 $101,000 $23,200 $77,800
2018 $5,175 $101,000 $23,200 $77,800
2017 $2,114 $101,000 $23,200 $77,800
2016 $2,073 $101,000 $23,200 $77,800
2015 -- $101,000 $23,200 $77,800
2014 -- $101,000 $23,200 $77,800
Source: Public Records

Agents Affiliated with this Home

  • Richard Jackson

    Seller's Agent in 2018

    Richard Jackson

    EXP Realty

    (716) 801-0967

    7 in this area

    65 Total Sales

    Richard Jackson
    Section Image

  • J

    Buyer's Agent in 2018

    John Dwaileebe

    Howard Hanna

    (716) 378-3953

    63 in this area

    100 Total Sales

    John Dwaileebe
    Section Image
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Map

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

MLS Number: B1107494

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-042-0003-014-000-0000

New York Cattaraugus County Olean 14760

285 Hamilton Ave, Olean, NY

Not Listed for Sale

Detached

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