NOT LISTED FOR SALE

2975 W River Rd Olean, NY 14760

Olean Area

Estimated Value: $250,709

3 Beds
2 Baths
1,694 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2023

Last sale price $185,000 $109 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,752 / mo

72 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Farmhouse Style Home
  • 33.09 Acre Lot
  • Wood Flooring
  • 1 Fireplace

About This Home

As of March 2023

Enjoy the amazing views of Rock City Hill or the Allegheny River right across the street. A wooded hillside is the back drop for this 2 story farmhouse. Renovations started .... waiting for you to complete! A stocked pond, mature managed forest, an unfinished cabin on the hill behind the pond, large barn, timeless fence on 2+acre pasture, and out building perfect for goats or chickens. Excellent hunting and close to boat launches for kayaks and water activity on the river. The home features many new windows, 200 amp electric service, metal roof. Furnace and hot water tank about 5 years old. Upstairs the master suite is almost complete with new bathroom (jetted tub & separate shower) and walk in closet. There is a detached, heated building perfect for home office. Beautiful yard with mature trees and forsythia hedge at roadside for privacy. Free gas currently heats the home conveyed from neighboring wells that is piped into house and barn.

Last Agent to Sell the Property

Kathy Komenda

Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-560-6840 License #30KO0635543 Listed on: 07/12/2022

Howard Hanna WNY Inc.

Last Buyer's Agent

Michael Miles

Listing by No Office Affiliation License #10401363668

No Office Affiliation

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1900

Lot Details

  • 33.09 Acre Lot
  • Lot Dimensions are 426x2203
  • Wooded Lot

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Separate Formal Living Room
  • Bonus Room
  • Sun or Florida Room
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Gravel Driveway

Schools

  • Allegany-Limestone Middle School
  • Allegany-Limestone High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Agricultural
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 046600-094-003-0004-001-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,358

Year Built

Built in 1900

Lot Details

33.09 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • Attribution Contact: 716-560-6840
  • Horses: Yes
  • ResoLaundryFeatures: Main Level
  • Lot Features: Agricultural, Wooded
  • Directions: From 417 take 4 Mile Road to W. River Rd. Home on right across from the river.
  • Architectural Style: Farmhouse, Two Story
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Breakfast Area, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Bath in Primary Bedroom
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free-Standing Range, Gas Water Heater, Oven
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 33.09
  • Waterfront: No
  • Construction Type: Shake Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Other, See Remarks, Stone
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Allegany-Limestone
  • Ninth Grade High School: Allegany-Limestone High
  • Middle Or Junior School: Allegany-Limestone Middle

Lot Info

  • Parcel Number: 046600-094-003-0004-001-001-0000
  • Horse Amenities: Horses Allowed
  • Lot Dimensions: 426X2203
  • Lot Size Sq Ft: 1420056.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2358.0
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Mar 14, 2023
Sold by
Miller Jennifer J
Bought by
Seller's Agent
Kathy Komenda
Howard Hanna WNY Inc.
Buyer's Agent
Michael Miles
No Office Affiliation
List Price
$239,900
Sold Price
$185,000
Premium/Discount to List
-$54,900
-22.88%
Views
106
Current Estimated Value
$250,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,709
Avg. Annual Appreciation
9.02%
Original Mortgage
$249,268
Outstanding Balance
$238,183
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$12,526

Purchase Details

Closed on
Jan 20, 2010
Sold by
Kyser John
Bought by
Kyser John

Purchase Details

Closed on
May 29, 1999
Sold by
C Austin and Finn C
Bought by
Rumsey Jennifer J and Rumsey Fred L

Purchase Details

Closed on
Mar 9, 1998

Purchase Details

Closed on
Mar 11, 1997
Sold by
Moore Sean P
Bought by
Kyser Alan

Purchase Details

Closed on
Oct 1, 1996
Sold by
Austin Inez C
Bought by
Moore Sean P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olean, NY

  • Melanie Pritchard Real Estate Agent - ERA Team VP Real Estate

    Melanie Pritchard

    ERA Team VP Real Estate

    (716) 403-3199

    164 Total Sales

    5 in Olean

    $173K - $400K Price Range

    Melanie Pritchard
     Section Image
  • Jerry Thompson Real Estate Agent - Century 21 North East

    Jerry Thompson

    Century 21 North East

    (716) 687-0473

    342 Total Sales

    2 in Olean

    $145,000 Price Range

    Jerry Thompson
     Section Image
  • Aimee Campbell Real Estate Agent - Empire Realty Group

    Aimee Campbell

    Responds Quickly

    Empire Realty Group

    (585) 565-5382

    156 Total Sales

    1 in Olean

    $155,000 Price

    Aimee Campbell
     Section Image
  • Caitlin Croft Real Estate Agent - Iconic Real Estate

    Caitlin Croft

    Iconic Real Estate

    (716) 221-8308

    84 Total Sales

    5 in Olean

    $142K - $218K Price Range

    Caitlin Croft
     Section Image
  • Anthony Dubreville Real Estate Agent - Keller Williams Realty WNY

    Anthony Dubreville

    Keller Williams Realty WNY

    (716) 221-8737

    108 Total Sales

    1 in Olean

    $26,000 Price

    Anthony Dubreville
     Section Image
  • Jonas Willson Real Estate Agent - Genesee River Realty

    Jonas Willson

    Genesee River Realty

    (585) 648-5008

    90 Total Sales

    1 in Olean

    $18,000 Price

    Jonas Willson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 None Available
Kyser John -- Robert E Mountain Jr
Rumsey Jennifer J $57,000 --
-- $63,000 --
Kyser Alan $1,000 --
Moore Sean P $60,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $249,268
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $185,000 -22.9% $109 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $239,900 -- $142 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,037 $90,100 $17,300 $72,800
2024 $4,349 $90,100 $17,300 $72,800
2023 $2,286 $53,290 $17,300 $35,990
2022 $2,391 $53,290 $17,300 $35,990
2021 $2,358 $53,290 $17,300 $35,990
2020 $1,913 $53,290 $17,300 $35,990
2019 $675 $53,290 $17,300 $35,990
2018 $1,899 $53,290 $17,300 $35,990
2017 $1,857 $53,290 $17,300 $35,990
2016 $1,878 $53,290 $17,300 $35,990
2015 -- $53,290 $17,300 $35,990
2014 -- $53,290 $17,300 $35,990
Source: Public Records

Agents Affiliated with this Home

  • Kathy Komenda Real Estate Agent - Howard Hanna

    Seller's Agent in 2023

    Kathy Komenda

    Howard Hanna

    (716) 560-6840

    121 Total Sales

    Kathy Komenda
    Section Image

  • MM

    Buyer's Agent in 2023

    Michael Miles

    No Office Affiliation

    Section Image
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Map

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

MLS Number: B1417492

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-094-003-0004-001-001-0000

New York Cattaraugus County Olean 14760

2975 W River Rd, Olean, NY

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