NOT LISTED FOR SALE

2990 Oregon Rd Olean, NY 14760

Estimated Value: $134,000 - $365,000

3 Beds
2 Baths
2,440 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $160,000 $66 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,520/month

288 Days on Market

Highlights

  • Barn
  • Secluded Lot
  • Cathedral Ceiling
  • Horses Allowed On Property
  • Wooded Lot
  • 2 Fireplaces

About This Home

As of October 2020

Beautiful home nestled on a wooded lot just five minutes from town. There are four sliding glass doors and two skylights that allow natural light to stream in. Many updates! New roof in 2017, central air conditioning with forced air heating installed in 2016. There is also hot water baseboard heating original to the home. The basement was finished in 2019 with new carpet, paint, bathroom amenities and has plenty of space for hobbies, 4th bedroom, or laundry/kitchen (it's plumbed). Newly completed septic and leech bed done per county standards. Three acres are offered with this listing. The land pictured with pond and barn (4.5 acres approximately) is available for additional $30,000.00. 54.53 acres in total available with conditions negotiable with seller. There is a 1700 foot landing strip for private airplanes on this property.

Last Listed By

Jennifer Borst

Listing by PropertyMatch USA, LLC License #10401293572 Listed on: 10/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1980

Lot Details

  • 3 Acre Lot
  • Secluded Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,440 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Sliding Doors
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Stone Driveway

Schools

  • Hinsdale Central High School

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Heating System Uses Propane
  • Programmable Thermostat
  • Well
  • Propane Water Heater
  • Septic Tank

Additional Features

  • Porch
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 046600-085-003-0002-024-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,083

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 92400
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Information: Horses Permitted, Rural Road, Secluded, Wooded Lot
  • Lot Number: 24
  • Nearest Cross Street: Homer
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 53333.33
  • Ratio Close Price By Sq Ft: 65.57
  • Ratio List Price By Acres: 51666.67
  • Ratio List Price By Sq Ft: 63.52
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Shingles, Skylight
  • School Tax: 1015
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 42
  • Year Built: 1980
  • Directions To Property: From the end of Homer street turn left, drive about two miles through woods up Oregon Rd, house is on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Furnished, Skylight, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Porch - Open, Possible Additional Bedroom
  • Basement Description: Finished
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms Basement: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of Fireplaces Woodburning: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2440

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 3.0000

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric, Propane
  • Hvac Type: AC-Central, Baseboard, Forced Air, Programmable Thermostat
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Hinsdale
  • High School: Hinsdale Central

Lot Info

  • Parcel Number: 046600-085-003-0002-024-000-0000

Tax Info

  • Total Taxes: 3083

MLS Schools

  • High School Name: Hinsdale Central
  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Oct 21, 2020
Sold by
Thropp Kevin F
Bought by
Beggs William R and Beggs Brittany
Seller's Agent
Jennifer Borst
PropertyMatch USA, LLC
Buyer's Agent
Tina Dillon
Keller Williams Realty Lancaster
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Total Days on Market
288
Current Estimated Value
$254,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,454
Avg. Annual Appreciation
10.78%
Original Mortgage
$160,000
Outstanding Balance
$144,228
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$110,226

Purchase Details

Closed on
Dec 14, 2001
Sold by
Estate-Lundberg-Gilmore Delores R
Bought by
Thropp Kevin F

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
Beggs William R -- None Available
Thropp Kevin F $96,000 Carl Robert Vahl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beggs William R $160,000
Closed Beggs William R $160,000
Previous Owner Thropp Kevin F $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $160,000 +3.2% $66 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $155,000 0.0% $64 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $155,000 -- $64 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $1,303 $92,400 $11,500 $80,900
2023 $1,303 $92,400 $11,500 $80,900
2022 $1,303 $92,400 $11,500 $80,900
2021 $2,238 $92,400 $11,500 $80,900
2020 $2,238 $92,400 $24,400 $68,000
2019 $856 $92,400 $24,400 $68,000
2018 $2,951 $92,400 $24,400 $68,000
2017 $2,951 $92,400 $24,400 $68,000
2016 $2,941 $92,400 $24,400 $68,000
2015 -- $92,400 $24,400 $68,000
2014 -- $92,400 $24,400 $68,000
Source: Public Records

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1233444

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-085-003-0002-024-000-0000