$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

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907

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

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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 $2,857 $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

Mortgage History

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

Deed 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

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1306780

Chautauqua-Cattaraugus Board of REALTORS®

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