NOT LISTED FOR SALE

308 E Riverside Dr Olean, NY 14760

Estimated Value: $54,000 - $81,000

2 Beds
1 Bath
858 Sq Ft
$84/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $65,000 $76 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $481/month

39 Days on Market

Highlights

  • Cape Cod Architecture
  • Solid Surface Countertops
  • Porch
  • Bonus Room
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of September 2023

Perfect starter home in quiet residential setting, out of the city but close to all amenities. This home is clean with all new paint and carpet upstairs. Move in condition! There are 2 small bedrooms upstairs with a bonus room that could be an office, or you could turn it into a master bedroom. Use your imagination! With detached 1 car garage outback to use for vehicle. Shed for lawnmower/tools so there's plenty of storage options. Vinyl siding, newer windows and plumbing and brand-new refrigerator make this an easy home to take care of. Insulation in attic and basement. Washer and dryer hookups in bathroom. Request tour today as this won't last at this price! Stove, refrigerator come with the sale.

Last Agent to Sell the Property

Katy Gerrity

Listing by ERA Team VP-Olean License #10401366686 Listed on: 06/13/2023

ERA Team VP-Olean

Last Buyer's Agent

Christine Calbi

Listing by EXP-Premier Listings Team License #10401373976

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 1935

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 175 x 50

Home Design

  • Cape Cod Architecture
  • Old Style Architecture
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 858 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Bonus Room
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Scuttle Attic Hole
  • Unfinished Attic

Basement

  • Partial Basement
  • Walk-Up Access
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 041200-094-082-0003-003-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,171

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 40000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 175
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 3
  • Nearest Cross Street: Indiana Avenue
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 323544.05
  • Ratio Close Price By Sq Ft: 75.76
  • Ratio List Price By Acres: 347934.30
  • Ratio List Price By Sq Ft: 81.47
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1055
  • Styles of Residence: 2 Story, Cape Cod, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8750
  • Age of Building: 88
  • Garage Amenities: Electrical Service
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 858
  • Directions To Property: East Riverside is off Route 16 south just over bridge.
  • Sq Ft Total Pub: 858
  • Attribution Contact: 585-808-5244
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Bonus Room, Laundry-1st Floor, Porch - Open
  • Attic Description: Crawl Space, Scuttle Access, Unfinished
  • Basement Description: Crawl Space, Exterior Walkup/Bulkhead Doors, Partial
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 858

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2009

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 041200-094-082-0003-003-000-0000

Tax Info

  • Total Taxes: 2171

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Sep 29, 2023
Sold by
Murphy Robert T and Murphy Tammy L
Bought by
Calhoun Penny S
Seller's Agent
Katy Gerrity
ERA Team VP-Olean
Buyer's Agent
Christine Calbi
EXP-Premier Listings Team
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Views
205
Current Estimated Value
$77,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,012
Avg. Annual Appreciation
4.77%
Original Mortgage
$63,000
Outstanding Balance
$61,754
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$10,429

Purchase Details

Closed on
Sep 27, 2022
Sold by
Webb Robert P
Bought by
Murphy Robert T and Murphy Tammy L

Purchase Details

Closed on
Jul 17, 2018
Sold by
Yeager Joseph
Bought by
Webb Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,700
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 2018
Sold by
Yeager Joseph
Bought by
Webb Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,700
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 4, 2015
Sold by
Caster Annette M
Bought by
Yeager Joseph and Yeager Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Lockwood Douglas
Bought by
Caster Annette

Purchase Details

Closed on
Sep 5, 2000
Sold by
Rounds Vernon W and Rounds Ann M
Bought by
Lockwood Douglas W and Lockwood Erica M

Purchase Details

Closed on
Oct 25, 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
Calhoun Penny S $65,000 None Available
Murphy Robert T $40,000 None Available
Webb Robert P $36,000 None Available
Webb Robert P $36,000 None Available
Yeager Joseph $35,000 Daniel R. Palumbo
Caster Annette $40,000 Gregory Shemeld
Lockwood Douglas W $29,500 Nicholas A Dicerbo
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calhoun Penny S $63,000
Previous Owner Webb Robert P $6,700
Previous Owner Webb Robert P $6,700
Previous Owner Yeager Joseph $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $65,000 -7.0% $76 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $69,900 0.0% $81 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $69,900 -6.7% $81 / Sq Ft
06/27/2023 06/27/23 Price Changed $74,900 -6.3% $87 / Sq Ft
06/13/2023 06/13/23 For Sale $79,900 -- $93 / 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 $2,529 $40,000 $14,800 $25,200
2023 $1,506 $40,000 $14,800 $25,200
2022 $1,528 $40,000 $14,800 $25,200
2021 $1,572 $40,000 $14,800 $25,200
2020 $1,583 $40,000 $14,800 $25,200
2019 $600 $40,000 $14,800 $25,200
2018 $2,158 $40,000 $14,800 $25,200
2017 $1,621 $40,000 $14,800 $25,200
2016 $1,604 $40,000 $14,800 $25,200
2015 -- $40,000 $14,800 $25,200
2014 -- $50,500 $14,800 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1473097

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-082-0003-003-000-0000