NOT LISTED FOR SALE

308 N 5th St Olean, NY 14760

Estimated Value: $118,905 - $145,000

4 Beds
2 Baths
1,920 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $63,600 $33 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $859/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Cooling System
  • Wood Flooring
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of January 2014

This is a four bedroom, two bath home in downtown Olean. It is close to everything including schools, shopping and churches. This home has a two car garage and a rear deck. Priced in the 60's. Call today for more details.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 08/31/2013

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 98 x 40
  • Rectangular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Washington West 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 041200-094-056-0008-018-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,471

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 103
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 68000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 98
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 721111.1100
  • List Price per Sq Ft: 33.8020
  • Nearest Cross Street: West Sullivan
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 706666.67
  • Ratio Close Price By Sq Ft: 33.13
  • Ratio List Price By Acres: 721111.11
  • Ratio List Price By Sq Ft: 33.80
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1633
  • Sale Price List Price: 0.9799
  • S P Per Acre: 706666.6700
  • S P Per Sq Ft: 33.1300
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 64900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: On North Fifth Street between West Sullivan and Reed Streets.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Electrical Fuses - some
  • Additional Rooms: Laundry-1st Floor
  • Attic Description: Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Disposal, Microwave, Oven/Range Built-In, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1920

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0900

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-056-0008-018-000-0000

Tax Info

  • Total Taxes: 3471

MLS Schools

  • Elementary School Name: Washington West 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
Aug 31, 2013
Closed on
Jan 29, 2014
Sold by
Knott Richard D
Bought by
Reagle Stacy
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals
List Price
$69,900
Sold Price
$63,600
Premium/Discount to List
-$6,300
-9.01%
Total Days on Market
80
Current Estimated Value
$131,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,626
Avg. Annual Appreciation
5.50%
Original Mortgage
$62,423
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2001
Sold by
Joireman Paul W
Bought by
Knott Richard D

Purchase Details

Closed on
Jun 22, 1999
Sold by
Gicale Florence R
Bought by
Joireman Paul W and Joireman Sandra F

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 Buyer Sale Price Title Company
Reagle Stacy $63,600 Gregory E. Shemeld
Knott Richard D $73,500 Gregory Shemeld
Joireman Paul W $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reagle Stacy $62,423
Closed Reagle Stacy $62,423
Previous Owner Knott Mary E $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2014 01/30/14 Sold $63,600 -9.0% $33 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $69,900 -- $36 / 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 $4,063 $64,000 $3,400 $60,600
2023 $2,409 $64,000 $3,400 $60,600
2022 $2,444 $64,000 $3,400 $60,600
2021 $2,515 $64,000 $3,400 $60,600
2020 $1,891 $64,000 $3,400 $60,600
2019 $961 $64,000 $3,400 $60,600
2018 $2,811 $64,000 $3,400 $60,600
2017 $1,918 $64,000 $3,400 $60,600
2016 $1,872 $64,000 $3,400 $60,600
2015 -- $64,000 $3,400 $60,600
2014 -- $64,000 $3,400 $60,600
Source: Public Records

Agents Affiliated with this Home

  • Dennis Pezzimenti

    Seller's Agent in 2014

    Dennis Pezzimenti

    Howard Hanna

    (716) 378-8989

    58 Total Sales

    Dennis Pezzimenti
    Section Image
  • Kelly Patrone

    Buyer's Agent in 2014

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    251 Total Sales

    Kelly Patrone
    Section Image
See All Agents

Map

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

MLS Number: B437691

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0008-018-000-0000

New York Cattaraugus County Olean 14760

308 N 5th St, Olean, NY

Homes for Sale in Olean, NY

This home is located at 308 N 5th St, Olean, NY 14760 since 31 August 2013 and is currently estimated at $131,226, approximately $68 per square foot. This property was built in 1910. 308 N 5th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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