$96,000
SOLD AUG 5, 2020

3068 Route 16 N Unit NYS Olean, NY 14760

3 Beds
2 Baths
1,621 Sq Ft
2.5 Acres

Recently Sold

$59 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • 2.5 Acre Lot
  • Wood Burning Stove
  • Full Attic
  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2020

This cozy home is waiting for you! 1st floor living house with master bed, bath, kitchen living dining and laundry on same floor.
Updates since 2014: all new electric, all new pex plumbing, water softener system installed, open concept living room and kitchen. 2 full baths completely remodeled. Updated kitchen, new dishwasher, new garbage disposal, new sliding patio door. Hardwood floors throughout entire house. Lots of natural sunlight and character. Pitched metal roof put on the back of house. Never worry about your street not being plowed in winter! Beautiful heated sunroom just off the dining room. An extra plus to the property is that there are fruit trees, strawberry plants and Blueberry bushes out back. Must see!

Last Agent to Sell the Property

Yvette Jordan

Listing by Real Estate Advantage License #10401208583 Listed on: 05/21/2020

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1940

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 270 x 100

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,621 Sq Ft Home
  • 1.7-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Combination Kitchen and Living
  • Wood Flooring
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Shed

Schools

  • Hinsdale Central High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 044600-085-012-0001-020-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,846

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Accessibility: No Step Laundry
  • Additional Structures: Shed/Storage
  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 68000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 270
  • Lot Dimension Front: 100
  • Lot Number: 20
  • Nearest Cross Street: Gile Hollow
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 38400.00
  • Ratio Close Price By Sq Ft: 59.22
  • Ratio List Price By Acres: 39080.00
  • Ratio List Price By Sq Ft: 60.27
  • Regional Board Code: Rochester
  • Roof Description: Asphalt, Metal
  • School Tax: 440
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 108900
  • Ad Copy: Great Location!
  • Ad Headline: Close to Hinsdale School
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: From Olean follow Rte 16 toward Hinsdale- house will be on the Right after SPCA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Pex Plumbing- Some, Sump Pump, Water Softener - Owned
  • Additional Rooms: 1st Floor Master Bedroom, Laundry-1st Floor, Living Room, Master Bedroom Bath
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave
  • Kitchen Dining Description: Eat-In, Island, Kitchen/Family Room Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodstoves: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 10
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1621

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Propane Tank - Leased
  • 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, Wood
  • Hvac Type: Forced Air, Programmable Thermostat
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Hinsdale
  • High School: Hinsdale Central

Lot Info

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

Tax Info

  • Total Taxes: 1846

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: 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 $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: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1265773

Chautauqua-Cattaraugus Board of REALTORS®

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