$107,000
SOLD SEP 6, 2013

304 E State St Olean, NY 14760

7 Beds
1.5 Baths
4,094 Sq Ft
0.25 Acres

Recently Sold

$26 Per Sq Ft

27% Below List Price

816 Days on Market

Highlights

  • Wood Flooring
  • Finished Attic
  • 3 Fireplaces
  • Victorian Architecture
  • Full Attic
  • 2-minute walk to Lincoln Park

About This Home

As of May 2016

Victorian Masterpiece! You won't be disappointed in this Nationally Registered Historic Home! A chance to own your dream... One of Olean's first homes, this magnificent Victorian with shingled tower is a genuine masterpiece. An elegant, architecturally enchanting home, it features large rooms with ornate details that surround you on every side, from the restored moldings to the esquisite trim and dramatic staircases and 3 fireplaces. 3 full stories, 7 bedrooms, Large carriage style 2-style 2-car garage with workshop. Gentleman's parlor has a hand made bar that is sure to please. A must see!!!!

Last Agent to Sell the Property

Greg Spako

Listing by ERA Team VP Real Estate License #10301201659 Listed on: 03/21/2011

ERA Team VP Real Estate

Last Buyer's Agent

Greg Spako

Listing by ERA Team VP Real Estate License #10301201659 Listed on: 03/21/2011

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,005

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100 x 108
  • Partially Fenced Property
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 4,094 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Woodwork
  • 3 Fireplaces
  • Drapes & Rods
  • Leaded Glass Windows
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 7 Bedrooms

Attic

  • Full Attic
  • Finished Attic

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041200-094-065-0006-001-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,005

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Age: 121
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 79700
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 108
  • Lot Information: Commercial Zoning, Corner Lot
  • L P Per Acre: 500000.0000
  • List Price per Sq Ft: 30.5324
  • Nearest Cross Street: Clinton
  • Number of Stories: 3.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 428000.00
  • Ratio Close Price By Sq Ft: 26.14
  • Ratio List Price By Acres: 500000.00
  • Ratio List Price By Sq Ft: 30.53
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1876
  • Sale Price List Price: 0.8560
  • S P Per Acre: 428000.0000
  • S P Per Sq Ft: 26.1400
  • Styles of Residence: Victorian
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 125000.00
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: From the center of Olean take east state street towards portville, house on right, watch for sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Leaded Glass - some, Natural Woodwork - some, Wet Bar
  • Additional Rooms: Bonus Room, Family Room, Foyer/Entry Hall, Living Room, Porch - Open, Workshop
  • Attic Description: Finished, Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Breakfast Room, Formal Dining Room, Walk-In Pantry
  • Number of Bedrooms 2nd Floor: 4
  • Number of Bedrooms 3rd Floor: 3
  • Number of Fireplaces Total Calculated: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 15
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 7
  • Total Sq Ft: 4094

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.2500

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-065-0006-001-000-0000

Tax Info

  • Total Taxes: 4005

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
May 5, 2016
Sold by
Mccannon Bryan
Bought by
Richardson Misty Lynn
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%
Current Estimated Value
$146,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,720
Avg. Annual Appreciation
1.33%

Purchase Details

Listed on
Mar 21, 2011
Closed on
Aug 30, 2013
Sold by
Sweet Harold W
Bought by
Mccannon Bryan
Seller's Agent
Greg Spako
ERA Team VP Real Estate
Buyer's Agent
Greg Spako
ERA Team VP Real Estate
List Price
$147,500
Sold Price
$107,000
Premium/Discount to List
-$40,500
-27.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$101,650
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1996
Sold by
Mountain Jr Robert E
Bought by
Sweet Harold and Sweet Sandra
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $130,000 Gregory Shemeld
Deed $107,000 Kathleen Moriarty
Deed $66,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,650 Purchase Money Mortgage
Previous Owner $117,683 Unknown
Previous Owner $9,051 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2016 05/08/16 Sold $130,000 -25.7% $32 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
05/29/2015 05/29/15 For Sale $175,000 +63.6% $43 / Sq Ft
09/06/2013 09/06/13 Sold $107,000 -27.5% $26 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
03/21/2011 03/21/11 For Sale $147,500 -- $36 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $6,730 $79,700 $5,900 $73,800
2023 $3,001 $79,700 $5,900 $73,800
2022 $3,044 $79,700 $5,900 $73,800
2021 $3,132 $79,700 $5,900 $73,800
2020 $6,786 $79,700 $5,900 $73,800
2019 $1,196 $79,700 $5,900 $73,800
2018 $6,547 $79,700 $5,900 $73,800
2017 $3,602 $79,700 $5,900 $73,800
2016 $961 $79,700 $5,900 $73,800
2015 -- $79,700 $5,900 $73,800
2014 -- $79,700 $5,900 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B381625

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0006-001-000-0000