$105,000
SOLD FEB 24, 2021

304 E Elm St Olean, NY 14760

4 Beds
2 Baths
1,670 Sq Ft
8,836 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

4% Below List Price

39 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Breakfast Bar

About This Home

As of February 2021

North Olean 4 bedroom 2 bath home with extra large city lot. Newly remodeled kitchen, new appliances, newly remodeled bathrooms. All new replacement windows, new boiler. A must see

Last Agent to Sell the Property

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754 Listed on: 10/02/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754 Listed on: 10/02/2020

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,348

Year Built

  • Built in 1910

Lot Details

  • 8,836 Sq Ft Lot
  • Lot Dimensions are 94 x 94

Parking

  • No Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,670 Sq Ft Home
  • 2-Story Property
  • Scuttle Attic Hole

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 041200-094-041-0003-009-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,348

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 61500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 94
  • Lot Dimension Front: 94
  • Lot Information: Neighborhood Street
  • Lot Number: 9
  • Nearest Cross Street: North Union Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 517751.48
  • Ratio Close Price By Sq Ft: 62.87
  • Ratio List Price By Acres: 541913.21
  • Ratio List Price By Sq Ft: 65.81
  • Regional Board Code: Rochester
  • School Tax: 1618
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8836
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1670
  • Directions To Property: North Union Street to East Elm Street
  • Sq Ft Total Pub: 1670
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Laundry-Basement, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Bar
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1670

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.2028

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-041-0003-009-000-0000

Tax Info

  • Total Taxes: 3348

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Feb 23, 2021
Sold by
Tabasum Baby and Tabusum Bahi
Bought by
Pierce Aaron and Volz Jordanne
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Current Estimated Value
$154,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,771
Avg. Annual Appreciation
5.98%
Original Mortgage
$109,678
Outstanding Balance
$99,429
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$37,077

Purchase Details

Closed on
Jul 16, 2019
Sold by
Tabusum Baby
Bought by
Saint Josephs Roman Cath

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 29, 2018
Sold by
Jpmor National Associ
Bought by
Tabasum Baby
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$21,600
Sold Price
$23,980
Premium/Discount to List
$2,380
11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.37%

Purchase Details

Listed on
Feb 9, 2018
Closed on
Feb 28, 2018
Sold by
Jp Morgan Chase Bank Na
Bought by
Tabasum Baby
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$21,600
Sold Price
$23,980
Premium/Discount to List
$2,380
11.02%

Purchase Details

Closed on
Dec 14, 2017
Sold by
Williams Robert
Bought by
Jpmo National Associ

Purchase Details

Closed on
Nov 20, 2017
Sold by
Williams Robert J and Williams Elizabeth M
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Feb 22, 2005
Sold by
Melaro Joan
Bought by
Williams Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,600
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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 $112,000 None Available
Warranty Deed -- None Available
Deed $23,980 None Available
Quit Claim Deed -- --
Deed In Lieu Of Foreclosure $37,600 None Available
Foreclosure Deed $37,600 --
Deed $52,000 Daniel R. Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,678 FHA
Closed $109,678 FHA
Previous Owner $59,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $105,000 -4.5% $63 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $109,900 +358.3% $66 / Sq Ft
03/29/2018 03/29/18 Sold $23,980 +11.0% $14 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $21,600 -- $13 / 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 $2,956 $78,300 $6,200 $72,100
2023 $2,948 $78,300 $6,200 $72,100
2022 $2,142 $78,300 $6,200 $72,100
2021 $1,734 $78,300 $6,200 $72,100
2020 $923 $61,500 $6,200 $55,300
2019 $923 $61,500 $6,200 $55,300
2018 $1,817 $61,500 $6,200 $55,300
2017 $1,817 $61,500 $6,200 $55,300
2016 $1,772 $61,500 $6,200 $55,300
2015 -- $61,500 $6,200 $55,300
2014 -- $61,500 $6,200 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1298679

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-041-0003-009-000-0000