NOT LISTED FOR SALE

3081 Route 16 N Unit NYS Olean, NY 14760

Estimated Value: $143,000 - $174,000

2 Beds
1.5 Baths
1,008 Sq Ft
$154/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $145,750 $145 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,033/month

20 Days on Market

Highlights

  • 145 Feet of Waterfront
  • Wood Flooring
  • 2 Car Detached Garage
  • Barn
  • Sun or Florida Room
  • Eat-In Kitchen

About This Home

As of December 2023

Welcome to this exceptional ranch-style home that perfectly blends comfort, space, and nature's serenity. Situated on a sprawling 1.5-acre lot, this meticulously maintained property offers many possibilities. The two-car garage and an extra outbuilding provide an ideal solution for those needing ample storage space. Whether you're an avid collector, DIY enthusiast, or need storage, you'll find plenty of room here. Nature enthusiasts and garden lovers will delight in the extensive outdoor space. The sizable lot provides an incredible canvas for gardening, landscaping, and outdoor activities. Enjoy the captivating waterfront setting along Olean Creek, where the soothing sounds of flowing water create a serene backdrop for relaxation. The Florida sunroom leading out to the backyard is perfect for unwinding after a long day. Take advantage of your chance at this great property.

Last Listed By

Paul Pezzimenti

Listing by Howard Hanna Professionals Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 08/30/2023

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 1950

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 429 x 145
  • 145 Feet of Waterfront
  • River Front

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Hinsdale Central High School

Utilities

  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Flood Zone Lot
  • Barn

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 044600-085-012-0001-031-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,071

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 67000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 429
  • Lot Dimension Front: 145
  • Lot Information: Flood Zone, Primary Road
  • Lot Number: 31
  • Nearest Cross Street: Union Valley Road
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 101923.08
  • Ratio Close Price By Sq Ft: 144.59
  • Ratio List Price By Acres: 94335.66
  • Ratio List Price By Sq Ft: 133.83
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 763
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 62291
  • Age of Building: 73
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1008
  • Directions To Property: On Route 16
  • Sq Ft Total Pub: 1008
  • Attribution Contact: 716-378-7039
  • EnergyEquipment: Propane Tank-Owned
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room, Florida/Sun Room- Unheated, Laundry-Basement, Living Room
  • Attic Description: Stair Access
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In, Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Half Bathrooms in the Basement: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • Total Sq Ft: 1008

Exterior Features

  • Construction: Aluminum/Steel
  • Waterfront Name: Olean Creek
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 1.4300
  • Waterfront Description: River/Stream/Creek
  • Waterfront Frontage: 145

Garage/Parking

  • Driveway Description: Blacktop, Parking Area, Turnaround
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Baseboard, Hot Water
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Hinsdale
  • High School: Hinsdale Central

Lot Info

  • Parcel Number: 044600-085-012-0001-031-000-0000

Tax Info

  • Total Taxes: 2071

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Dec 6, 2023
Sold by
Alderman Terry D and Alderman Nancy L
Bought by
Templar Kyle
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Susan Drake
Century 21 North East
List Price
$134,900
Sold Price
$145,750
Premium/Discount to List
$10,850
8.04%
Total Days on Market
20
Views
146
Current Estimated Value
$155,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,282
Avg. Annual Appreciation
-0.70%
Original Mortgage
$143,109
Outstanding Balance
$141,416
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$2,901

Purchase Details

Closed on
Sep 1, 1994
Sold by
Sherwood Wallace-Madge
Bought by
Alderman Terry D-Nancy L

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
Templar Kyle $146,000 None Available
Templar Kyle $146,000 None Available
Alderman Terry D-Nancy L $55,000 --
Alderman Terry D-Nancy L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Templar Kyle $143,109
Closed Templar Kyle $143,109
Previous Owner Alderman Terry D $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $145,750 +8.0% $145 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $134,900 -- $134 / 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 $2,082 $67,000 $12,400 $54,600
2023 $2,088 $67,000 $12,400 $54,600
2022 $2,071 $67,000 $12,400 $54,600
2021 $2,083 $67,000 $12,400 $54,600
2020 $1,476 $67,000 $12,400 $54,600
2019 $98 $67,000 $12,400 $54,600
2018 $1,473 $67,000 $12,400 $54,600
2017 $1,483 $67,000 $12,400 $54,600
2016 $1,468 $67,000 $12,400 $54,600
2015 -- $67,000 $12,400 $54,600
2014 -- $67,000 $12,400 $54,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Pezzimenti

    Seller's Agent in 2023

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    339 Total Sales

    Paul Pezzimenti
    Section Image
  • Susan Drake

    Buyer's Agent in 2023

    Susan Drake

    Century 21 North East

    (716) 803-5935

    77 Total Sales

    Susan Drake
    Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1494648

Chautauqua-Cattaraugus Board of REALTORS®

APN: 044600-085-012-0001-031-000-0000

New York Cattaraugus County Olean 14760

3081 Route 16 N Unit NYS, Olean, NY

Homes for Sale in Olean, NY

This home is located at 3081 Route 16 N Unit NYS, Olean, NY 14760 since 30 August 2023 and is currently estimated at $155,032, approximately $153 per square foot. This property was built in 1950. 3081 Route 16 N Unit NYS is a home located in Cattaraugus County with nearby schools including Hinsdale Central School and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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