NOT LISTED FOR SALE

304 Van Buren Ave Olean, NY 14760

Estimated Value: $395,000 - $455,445

5 Beds
8 Baths
3,549 Sq Ft
$122/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $400,000 $113 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,657/month

77 Days on Market

Highlights

  • 0.65 Acre Lot
  • Wood Flooring
  • 3 Fireplaces
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Granite Countertops

About This Home

As of October 2023

Everything you want and more in this spacious and inviting Colonial. The formal main entry takes you into the formal living room with gas fireplace. The kitchen is a chef's dream with 2 sinks, 2 refrigerators, 2 dishwashers, butcher block island, gas cooktop and double ovens. Dining room can fit a long table to entertain in front of fireplace. There's a bedroom with full bath on first floor and another half bath. The library is inviting with ample bookshelves. Upstairs - 4 more bedrooms each with their own bath! The Primary Bedroom Suite has a gas fireplace, and a huge room set up as a stylish closet. In the basement you'll find the laundry room, half bath and plenty of storage...as well as a ramp for your dog(s) to access the fenced in yard. 2 car heated garage. The bunk house can be a play house or set up your outside kitchen. Central AC. Whole house generator. Great neighborhood near hospital, schools, shopping/dining, golf course. This house has it all!

Last Agent to Sell the Property

Melanie Pritchard

Listing by ERA Team VP Real Estate License #10301205733 Listed on: 06/05/2023

Last Buyer's Agent

Annette Fachko

Listing by No Office Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,106

Year Built

  • Built in 1961

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 93 x 300

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,549 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Library
  • Scuttle Attic Hole

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Driveway

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 041200-094-034-0008-016-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,106

Year Built

Built in 1961

Lot Details

0.65 Acres

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 315000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 93
  • Lot Dimension Front: 300
  • Lot Information: Neighborhood Street
  • Lot Number: 16
  • Nearest Cross Street: Highland Terrace
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 618429.19
  • Ratio Close Price By Sq Ft: 112.71
  • Ratio List Price By Acres: 657079.47
  • Ratio List Price By Sq Ft: 119.75
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 8310
  • Styles of Residence: Colonial
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 28176
  • Age of Building: 62
  • Garage Amenities: Heated
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 3549
  • Directions To Property: Main St. to Madison. Left on Highland Terrace, Right on Van Buren. Property on corner.
  • Sq Ft Total Pub: 3549
  • Attribution Contact: 716-480-8409
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Full Bathrooms: 6
  • Additional Rooms: 1st Floor Primary Bedroom, Basement / Rec Room, Den/Study, Foyer/Entry Hall, Laundry-Basement, Library, Living Room, Primary Bedroom Bath
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Double Oven, Dryer, Microwave, Range Hood-Exhaust Fan, Refrigerator, Washer, Wine Chiller(s)
  • Kitchen Dining Description: Breakfast Bar, Formal Dining Room, Granite Counter, Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Gas: 3
  • Number of Fireplaces Total Calculated: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 5
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Half Bathrooms in the Basement: 1
  • Number of Rooms: 12
  • Half Bathrooms: 2
  • Total Bathrooms: 6.20
  • Total Bedrooms: 5
  • Total Sq Ft: 3549

Exterior Features

  • Construction: Brick, Vinyl
  • Number of Acres: 0.6468

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC Unit-Wall, AC-Central, Baseboard, Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 041200-094-034-0008-016-000-0000

Tax Info

  • Total Taxes: 17106

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Oct 18, 2023
Sold by
Arnold Rebecca D
Bought by
Jones Robert L and Garrison Mary E
Seller's Agent
Melanie Pritchard
ERA Team VP Real Estate
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$424,999
Sold Price
$400,000
Premium/Discount to List
-$24,999
-5.88%
Views
205
Current Estimated Value
$432,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,361
Avg. Annual Appreciation
3.31%
Original Mortgage
$380,000
Outstanding Balance
$372,528
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,833

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 8, 2022
Sold by
Branch Laurie A
Bought by
Arnold Rebecca D
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Melanie Pritchard
ERA Team VP Real Estate
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$338,318
Interest Rate
5.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2002
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Robert L $400,000 None Available
Arnold Rebecca D $350,000 None Available
-- -- --
Branch Laurie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Robert L $380,000
Previous Owner Arnold Rebecca D $338,318
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $400,000 -5.9% $113 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $424,999 +21.4% $120 / Sq Ft
08/10/2022 08/10/22 Sold $350,000 -12.3% $99 / Sq Ft View Prior Sale
06/08/2022 06/08/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $399,000 -- $112 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $19,917 $315,000 $40,100 $274,900
2023 $11,859 $315,000 $40,100 $274,900
2022 $12,030 $315,000 $40,100 $274,900
2021 $12,378 $315,000 $40,100 $274,900
2020 $12,989 $315,000 $40,100 $274,900
2019 $5,329 $355,000 $40,100 $314,900
2018 $19,150 $355,000 $40,100 $314,900
2017 $14,389 $355,000 $40,100 $314,900
2016 $14,233 $355,000 $40,100 $314,900
2015 -- $355,000 $40,100 $314,900
2014 -- $355,000 $40,100 $314,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1475844

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-034-0008-016-000-0000

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