NOT LISTED FOR SALE

308 W Water St Olean, NY 14760

Estimated Value: $81,000 - $107,000

3 Beds
1.5 Baths
1,514 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 19, 2012

Last sale price $47,000 $31 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $609/month

35 Days on Market

Highlights

  • Corner Lot
  • Fenced Yard
  • Eat-In Kitchen
  • Den
  • 1 Car Detached Garage
  • Combination Dining and Living Room

About This Home

As of January 2012

Three bedroom two story home in North Olean. Vinyl siding, large fenced-in yard, and detached garage. First floor has an room that could be used as an office or fourth bedroom. New boiler and updated electric. Great starter home!

Last Agent to Sell the Property

John Skadowski

Listing by Howard Hanna Professionals - Olean License #40SK1093971 Listed on: 08/26/2011

Howard Hanna Professionals - Olean

Last Buyer's Agent

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132 x 67
  • Fenced Yard
  • Corner Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,514 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Den
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-040-0003-038-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 101
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 67
  • Lot Information: Corner Lot
  • L P Per Acre: 270000.0000
  • List Price per Sq Ft: 35.6671
  • Nearest Cross Street: north union
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 235000.00
  • Ratio Close Price By Sq Ft: 31.04
  • Ratio List Price By Acres: 270000.00
  • Ratio List Price By Sq Ft: 35.67
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1177
  • Sale Price List Price: 0.8703
  • S P Per Acre: 235000.0000
  • S P Per Sq Ft: 31.0435
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 54000.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: North Union Street to Water St. Left on Water to end. House on right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Den/Study
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1514

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Garage Door Opener
  • Number of Acres: 0.2000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water, Steam
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-040-0003-038-000-0000

Tax Info

  • Total Taxes: 2522

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2011
Closed on
Jan 13, 2012
Sold by
Contento Frank
Bought by
Wilcox Ryan
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$54,000
Sold Price
$47,000
Premium/Discount to List
-$7,000
-12.96%
Current Estimated Value
$97,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,482
Avg. Annual Appreciation
5.37%
Original Mortgage
$45,808
Outstanding Balance
$31,807
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$65,675

Purchase Details

Closed on
Mar 20, 2008
Sold by
Swartz Carmella
Bought by
Contento Frank

Purchase Details

Closed on
Dec 19, 1997
Sold by
Swartz Carmella
Bought by
Swartz James J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilcox Ryan $47,000 Daniel R. Palumbo
Contento Frank $50,000 Patrick Snyder
Swartz James J $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox Ryan $45,808
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2012 01/19/12 Sold $47,000 -13.0% $31 / Sq Ft
09/30/2011 09/30/11 Pending -- -- --
08/26/2011 08/26/11 For Sale $54,000 -- $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 $3,161 $50,000 $5,900 $44,100
2023 $1,882 $50,000 $5,900 $44,100
2022 $1,910 $50,000 $5,900 $44,100
2021 $1,965 $50,000 $5,900 $44,100
2020 $1,337 $50,000 $5,900 $44,100
2019 $751 $50,000 $5,900 $44,100
2018 $2,056 $50,000 $5,900 $44,100
2017 $1,351 $50,000 $5,900 $44,100
2016 $1,311 $50,000 $5,900 $44,100
2015 -- $50,000 $5,900 $44,100
2014 -- $50,000 $5,900 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B393291

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0003-038-000-0000