$32,500
SOLD FEB 17, 2021

302 5th Ave Olean, NY 14760

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

Recently Sold

$42 Per Sq Ft

19% Below List Price

10 Days on Market

Highlights

  • Wood Flooring
  • Country Kitchen
  • Forced Air Cooling System
  • 1 Car Detached Garage
  • Porch
  • 1-Story Property

About This Home

As of May 2024

Olean - Ranch Home on manageable lot with detached oversized one car garage. With about 768 square feet - there is a living room, small kitchen with dining area, 2 bedrooms and 1 full bathroom. Full basement with laundry hook-ups and storage.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 11/09/2020

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 11/09/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,655 Sq Ft Lot
  • Lot Dimensions are 131 x 43

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Scuttle Attic Hole
  • Country Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 131
  • Lot Dimension Front: 43
  • Lot Information: Neighborhood Street
  • Lot Number: 36
  • Nearest Cross Street: Paragon Ave
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 250385.21
  • Ratio Close Price By Sq Ft: 42.32
  • Ratio List Price By Acres: 307395.99
  • Ratio List Price By Sq Ft: 51.95
  • Regional Board Code: Rochester
  • School Tax: 1190
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5655
  • Age of Building: 74
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 768
  • Directions To Property: Front Street to Paragon Ave to Fifth Ave.
  • Sq Ft Total Pub: 768
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Oven/Range Electric
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 768

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1298

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

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

Lot Info

  • Parcel Number: 041200-094-050-0003-036-000-0000

Tax Info

  • Total Taxes: 2455

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

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

Similar Homes in Olean, NY

  • 845 Garden Ave, Olean, NY 14760

    $39,900

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 845 Garden Ave
    • Olean, NY

    This 2-bedroom ranch is a great project for someone who loves fixing up homes! It’s ready for a new owner to come in and make it shine again. The house already has some updates, including a new furnace, new electric, and new siding. With a little bit of work, this home can be just what you’re looking for. It’s a perfect opportunity for someone who enjoys taking on a handyman special and turning

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image
  • 132 N 15th St, Olean, NY 14760

    $32,900

    • 3 Beds
    • 1.5 Baths
    • 1,248 Sq Ft
    • 132 N 15th St
    • Olean, NY

    Looking for a great opportunity? Look no more! This property has tons of potential and is average in living space size for the neighborhood. It is located close to main roads with easy access to local amenities, such as shopping, banking, schools, and various eateries. Per our BPO/TAX describe the property as a SFR (colonial) built in 1930. It has a GLA of approx.1248 and has 3 bedroom and

    Christopher Rose REALHome Services & Solutions

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1306780

Chautauqua-Cattaraugus Board of REALTORS®

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