NOT LISTED FOR SALE

311 N 7th St Olean, NY 14760

Estimated Value: $98,647 - $140,000

5 Beds
2 Baths
1,468 Sq Ft
$79/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $73,500 $50 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $808/month

112 Days on Market

Highlights

  • Barn
  • Deck
  • Eat-In Kitchen
  • Indoor Pool
  • Heated Sun or Florida Room
  • Forced Air Cooling System

About This Home

As of October 2013

Great 4-5 Bedroom family home, Large eat-in kitchen, full bath up and down , very well maintained throughout. Roof 2 years old , furnace and water heater all updated. The sunroom is connected to great deck and pool area. Outbuilding is great space for work shop. Take alook today, house is ready to move in and enjoy.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003 Listed on: 04/19/2013

Howard Hanna Professionals - Olean

Last Buyer's Agent

Alberta Riggs

Listing by No Office Affiliation License #30RI0303247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1910

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 128 x 37

Home Design

  • Frame Construction

Interior Spaces

  • 1,468 Sq Ft Home
  • 2-Story Property
  • Heated Sun or Florida Room
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Dirt Driveway

Pool

  • Indoor Pool
  • Above Ground Pool

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 94.056-6-18

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 103
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 62000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 37
  • Lot Information: Neighborhood Street
  • L P Per Acre: 2633333.3300
  • List Price per Sq Ft: 53.8147
  • Nearest Cross Street: Wayne
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 2450000.00
  • Ratio Close Price By Sq Ft: 50.07
  • Ratio List Price By Acres: 2633333.33
  • Ratio List Price By Sq Ft: 53.81
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1489
  • Sale Price List Price: 0.9303
  • S P Per Acre: 2450000.0000
  • S P Per Sq Ft: 50.0700
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 79000.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Go down Wayne take a left onto N Seventh house on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Indoor Pool
  • Additional Rooms: Florida/Sun Room- Heated
  • Attic Description: Pull Down Stairs
  • Basement Description: Partial
  • Floor Description: Ceramic-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Eat-In
  • 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: 5
  • Total Sq Ft: 1468

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Deck, Pool-Above Ground
  • Number of Acres: 0.0300

Garage/Parking

  • Driveway Description: Concrete, Dirt
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 94.056-6-18

Tax Info

  • Total Taxes: 3164

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2013
Closed on
Oct 24, 2013
Sold by
Pierce Robert W
Bought by
Meerdink Monica L
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
Alberta Riggs
No Office Affiliation
List Price
$79,000
Sold Price
$73,500
Premium/Discount to List
-$5,500
-6.96%
Current Estimated Value
$115,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,412
Avg. Annual Appreciation
3.77%
Original Mortgage
$58,500
Outstanding Balance
$43,191
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,989
Source: Public Records

Range of Values:

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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
Meerdink Monica L $73,500 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meerdink Monica L $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $73,500 -7.0% $50 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $79,000 -- $54 / 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 $2,341 $62,000 $3,500 $58,500
2023 $2,334 $62,000 $3,500 $58,500
2022 $2,368 $62,000 $3,500 $58,500
2021 $2,436 $62,000 $3,500 $58,500
2020 $1,812 $62,000 $3,500 $58,500
2019 $931 $62,000 $3,500 $58,500
2018 $2,703 $62,000 $3,500 $58,500
2017 $1,837 $62,000 $3,500 $58,500
2016 $1,792 $62,000 $3,500 $58,500
2015 -- $62,000 $3,500 $58,500
2014 -- $62,000 $3,500 $58,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B427751

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0006-018-000-0000