NOT LISTED FOR SALE

306 S 2nd St Olean, NY 14760

Estimated Value: $40,000 - $63,000

2 Beds
1 Bath
822 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $12,000 $15 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $343/month

82 Days on Market

Highlights

  • Old Style Architecture
  • Rectangular Lot
  • Wall to Wall Carpet
  • Eat-In Kitchen

About This Home

As of November 2021

This home is a two bedroom one bath house located close to downtown, stores and churches. This property is income producing with an existing tenant. It could also be your home. Newer electric service .

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 05/27/2021

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Old Style Architecture
  • Block Foundation

Interior Spaces

  • 822 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Gravity Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 094-073-0002-019-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 24800
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 19
  • Lot Shape: Rectangular
  • Nearest Cross Street: Irving Street
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 130718.95
  • Ratio Close Price By Sq Ft: 14.60
  • Ratio List Price By Acres: 271241.83
  • Ratio List Price By Sq Ft: 30.29
  • Regional Board Code: Rochester
  • School Tax: 655
  • Styles of Residence: Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4000
  • Age of Building: 107
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 822
  • Directions To Property: On North 2nd Street
  • Sq Ft Total Pub: 822
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 822

Exterior Features

  • Number of Acres: 0.0918

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Gravity
  • 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: 094-073-0002-019-000-0000

Tax Info

  • Total Taxes: 1351

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

Listed on
May 27, 2021
Closed on
Nov 5, 2021
Sold by
Bennion Lawrence
Bought by
Bartlett Linda M
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$29,900
Sold Price
$12,000
Premium/Discount to List
-$17,900
-59.87%
Total Days on Market
82
Current Estimated Value
$52,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,326
Avg. Annual Appreciation
46.62%

Purchase Details

Closed on
May 29, 2018
Sold by
Kent Charles E
Bought by
Bennion Lawrence

Purchase Details

Closed on
May 21, 2018
Sold by
Kent Charles E
Bought by
Bennion Lawrence

Range of Values:

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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
Bartlett Linda M $12,000 None Available
Bennion Lawrence $10,000 None Available
Bennion Lawrence $10,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $12,000 -51.8% $15 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $24,900 -16.7% $30 / Sq Ft
05/27/2021 05/27/21 For Sale $29,900 -- $36 / 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 $1,575 $24,800 $3,200 $21,600
2023 $934 $24,800 $3,200 $21,600
2022 $947 $24,800 $3,200 $21,600
2021 $975 $24,800 $3,200 $21,600
2020 $2,112 $24,800 $3,200 $21,600
2019 $372 $24,800 $3,200 $21,600
2018 $1,752 $24,800 $3,200 $21,600
2017 $1,005 $24,800 $3,200 $21,600
2016 $2,307 $24,800 $3,200 $21,600
2015 -- $24,800 $3,200 $21,600
2014 -- $24,800 $3,200 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1340362

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-073-0002-019-000-0000