$62,000
SOLD MAR 7, 2014

3068 Route 16 N Unit NYS Olean, NY 14760

3 Beds
1.5 Baths
1,621 Sq Ft
2.5 Acres

Recently Sold

$38 Per Sq Ft

11% Below List Price

139 Days on Market

Highlights

  • 2.5 Acre Lot
  • Wooded Lot
  • Workshop
  • Cape Cod Architecture
  • Wood Flooring
  • Balcony

About This Home

As of August 2020

Great location in Hinsdale for this 3 bedroom, 1.5 bath on 2.5 acres. Nice 1 car garage with workshop. New electric hotwater tank, 13 yr old roof, circuit breakers, nice hardwood floors and a very nice sun porch on front of house. Priced for quick sale.

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 07/22/2013

Last Buyer's Agent

Yvette Jordan

Listing by No Office Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1940

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 628 x 100
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,621 Sq Ft Home
  • 1.7-Story Property
  • Woodwork
  • Workshop
  • Basement Fills Entire Space Under The House
  • Gas Range
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Shed

Schools

  • Hinsdale Central High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 044600-085-012-0001-020-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 73
  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 68000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 628
  • Lot Dimension Front: 100
  • Lot Information: Wooded Lot
  • L P Per Acre: 27960.0000
  • List Price per Sq Ft: 43.1215
  • Nearest Cross Street: Union valley
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 24800.00
  • Ratio Close Price By Sq Ft: 38.25
  • Ratio List Price By Acres: 27960.00
  • Ratio List Price By Sq Ft: 43.12
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1138
  • Sale Price List Price: 0.8869
  • S P Per Acre: 24800.0000
  • S P Per Sq Ft: 38.2500
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 83
  • Year Built: 1940
  • Directions To Property: rt 16 north across from swimware to go store on right
  • WaterRelatedFeatures: Other - See Remarks
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Porch - Enclosed, Porch - Open, Workshop
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 10
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1621

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Cable TV Available, TV Antenna
  • Number of Acres: 2.5000

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Hinsdale
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Hinsdale Central

Lot Info

  • Parcel Number: 044600-085-012-0001-020-000-0000

Tax Info

  • Total Taxes: 2578

MLS Schools

  • High School Name: Hinsdale Central
  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jul 24, 2020
Sold by
Thierman Brittany and Stevens Brittany
Bought by
Materna Michael A
Seller's Agent
Yvette Jordan
Real Estate Advantage
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$97,700
Sold Price
$96,000
Premium/Discount to List
-$1,700
-1.74%
Current Estimated Value
$149,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,565
Avg. Annual Appreciation
9.37%
Original Mortgage
$98,208
Outstanding Balance
$87,703
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$61,862

Purchase Details

Listed on
Jul 22, 2013
Closed on
Feb 26, 2014
Sold by
Chapman Clifford A
Bought by
Stevens Brittany
Seller's Agent
Joseph Chamberlain
No Office Affiliation
Buyer's Agent
Yvette Jordan
No Office Affiliation
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$58,900
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2000
Sold by
Beneficial Homeowner Serv Ice Corp
Bought by
Chapman Clifford A
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 -- None Available
Deed $62,000 Daniel Palumbo
Deed $25,000 Eric E Matthews
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,208 FHA
Previous Owner $20,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $58,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $96,000 -1.7% $59 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $97,700 +57.6% $60 / Sq Ft
03/07/2014 03/07/14 Sold $62,000 -11.3% $38 / Sq Ft
12/08/2013 12/08/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $69,900 -- $43 / 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 $2,113 $68,000 $13,500 $54,500
2023 $2,119 $68,000 $13,500 $54,500
2022 $2,102 $68,000 $13,500 $54,500
2021 $2,114 $68,000 $13,500 $54,500
2020 $1,840 $68,000 $13,500 $54,500
2019 $454 $68,000 $13,500 $54,500
2018 $1,837 $68,000 $13,500 $54,500
2017 $1,839 $68,000 $13,500 $54,500
2016 $1,845 $68,000 $13,500 $54,500
2015 -- $68,000 $13,500 $54,500
2014 -- $68,000 $13,500 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B434988

Western New York Real Estate Information Services (WNYREIS)

APN: 044600-085-012-0001-020-000-0000