$90,000
SOLD MAY 17, 2024

302 5th Ave Olean, NY 14760

2 Beds
1 Bath
768 Sq Ft
5,655 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

21 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Laundry Room
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of May 2024

Welcome to your charming oasis! Nestled in a serene neighborhood, this delightful ranch-style home beckons you with its quaint allure. Step into comfort with this cozy 2-bedroom, 1-bathroom residence boasting timeless charm and modern convenience. The spacious living areas invite you to relax and unwind, while the well-appointed kitchen is perfect for culinary adventures.
Outside, a detached 1-car garage and a blacktop driveway offer ample parking space and storage solutions, ensuring both convenience and functionality. Enjoy the outdoors in your own private sanctuary. A generous yard surrounds the property, providing a picturesque backdrop for gatherings, gardening, or simply soaking in the sunshine. Convenient location with easy access to amenities, schools, and parks, making it an ideal choice for anyone seeking the perfect blend of comfort and convenience. Don't miss your chance to own this enchanting retreat. Schedule a showing today and make this charming ranch-style home your own!

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More Brokerage Phone: 716-307-6960 License #10371200907 Listed on: 03/04/2024

Last Buyer's Agent

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1948

Lot Details

  • 5,655 Sq Ft Lot
  • Lot Dimensions are 43x131

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • <<microwave>>

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 041200-094-050-0003-036-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,435

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1948
  • Attribution Contact: 716-307-6960
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Front Street to Paragon Ave to Fifth Ave.
  • Architectural Style: Ranch
  • Flooring: Hardwood, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, Window Treatments, Bedroom on Main Level
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Fuses
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.1298
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached

Utilities

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

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-050-0003-036-000-0000
  • Lot Dimensions: 43X131
  • Lot Size Sq Ft: 5655.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2435.0
  • Tax Lot: 36

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 17, 2024
Sold by
Paddison Russell J
Bought by
Ewings Jean T
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Views
87
Current Estimated Value
$88,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,268
Avg. Annual Appreciation
-1.22%
Original Mortgage
$72,000
Outstanding Balance
$71,344
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$17,388

Purchase Details

Listed on
Nov 9, 2020
Closed on
Feb 5, 2021
Sold by
Sperformance Llc
Bought by
Paddison Russell J
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.81%

Purchase Details

Closed on
Aug 4, 2011
Sold by
Salmonson Marty
Bought by
Sperformance Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 None Available
Warranty Deed $32,500 None Available
Warranty Deed $32,500 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $72,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $90,000 +0.1% $117 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $89,900 +176.6% $117 / Sq Ft
02/17/2021 02/17/21 Sold $32,500 -18.5% $42 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $39,900 -- $52 / 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 $1,699 $45,000 $4,700 $40,300
2023 $1,694 $45,000 $4,700 $40,300
2022 $1,719 $45,000 $4,700 $40,300
2021 $1,768 $45,000 $4,700 $40,300
2020 $1,781 $45,000 $4,700 $40,300
2019 $675 $45,000 $4,700 $40,300
2018 $2,427 $45,000 $4,700 $40,300
2017 $1,824 $45,000 $4,700 $40,300
2016 $1,804 $45,000 $4,700 $40,300
2015 -- $45,000 $4,700 $40,300
2014 -- $45,000 $4,700 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1524133

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0003-036-000-0000