NOT LISTED FOR SALE

305 Genesee St Olean, NY 14760

Estimated Value: $145,000 - $272,000

3 Beds
1 Bath
1,456 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $65,000 $45 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,169/month

7 Days on Market

Highlights

  • 0.35 Acre Lot
  • Wood Flooring
  • Breakfast Room
  • Traditional Architecture
  • Sitting Room
  • 2.5 Car Detached Garage

About This Home

As of June 2013

This Boardmanville home has great potential and is priced to sell. This home has three bedrooms and one full bath. There are hardwood floors and a full walk out basement. It has open front porch with a large yard and two and half car garage. Priced in the 60's.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 04/24/2013

Howard Hanna Professionals - Olean

Last Buyer's Agent

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals - Olean License #40FI1153618

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 150 x 102
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1,456 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 2.5 Car Detached Garage
  • Stone Driveway

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-042-0004-063-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Age: 98
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 81000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 102
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 197142.8600
  • List Price per Sq Ft: 47.3901
  • Nearest Cross Street: Second Avenue
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 185714.29
  • Ratio Close Price By Sq Ft: 44.64
  • Ratio List Price By Acres: 197142.86
  • Ratio List Price By Sq Ft: 47.39
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1945
  • Sale Price List Price: 0.9420
  • S P Per Acre: 185714.2900
  • S P Per Sq Ft: 44.6400
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 69000.00
  • Year Built Description: Existing
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: Turn off Main Street onto Genesee Street. Go to stop sign. Home is on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Morning Room, Porch - Open
  • Attic Description: Stair Access
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Breakfast Room, Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1456

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.3500

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.5000

Utilities

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

Lot Info

  • Parcel Number: 041200-094-042-0004-063-000-0000

Tax Info

  • Total Taxes: 5437

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

Closed on
Oct 24, 2016
Sold by
Ours Lance L
Bought by
Bowser Abbey L
Current Estimated Value
$187,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,870
Outstanding Balance
$113,481
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,885

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jun 20, 2013
Sold by
Wolfgang John As Poa For
Bought by
Ours Lance L
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$87,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Bowser Abbey L $139,000 Daniel Derose
Ours Lance L $65,000 Eric Firkel
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowser Abbey L $138,870
Previous Owner Ours Lance L $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2013 06/25/13 Sold $65,000 -5.8% $45 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $69,000 -- $47 / 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 $5,849 $92,500 $22,300 $70,200
2023 $3,482 $92,500 $22,300 $70,200
2022 $3,533 $92,500 $22,300 $70,200
2021 $3,635 $92,500 $22,300 $70,200
2020 $3,660 $92,500 $22,300 $70,200
2019 $1,388 $92,500 $22,300 $70,200
2018 $4,819 $92,500 $22,300 $70,200
2017 $3,283 $81,000 $22,300 $58,700
2016 $2,554 $81,000 $22,300 $58,700
2015 -- $81,000 $22,300 $58,700
2014 -- $81,000 $22,300 $58,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B428194

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-042-0004-063-000-0000