NOT LISTED FOR SALE

3116 New York 16 Olean, NY 14760

Estimated Value: $233,174

3 Beds
1 Bath
4,260 Sq Ft
$55/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $177,000 $42 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,501/month

7 Days on Market

Highlights

  • 2.3 Acre Lot
  • Sun or Florida Room
  • 2 Car Attached Garage
  • Wood Flooring
  • Porch
  • Eat-In Kitchen

About This Home

As of June 2021

SELLERS ARE OPEN TO OFFERS~
This ranch home has been renovated and is move in ready. This home has too many updates to name, cathedral ceilings, central air, and all new electric. This home boasts a new furnace as well as central air conditioning. The owners have a car dealership across the road, thus the cars that you will see on the property. This property is being divided and sold separately. Acreage will be more accurately determined upon the sale of this property.

Last Agent to Sell the Property

Janna Davis

Listing by ERA Team VP Real Estate License #10401323321 Listed on: 03/01/2021

ERA Team VP Real Estate

Last Buyer's Agent

Janna Davis

Listing by ERA Team VP Real Estate License #10401323321 Listed on: 03/01/2021

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1947

Lot Details

  • 2.3 Acre Lot
  • Lot Dimensions are 475 x 182

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 4,260 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 044600-085-012-0001-014-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,084

Year Built

Built in 1947

Lot Details

0

Listing Details

  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 200000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 475
  • Lot Dimension Front: 182
  • Lot Information: Primary Road
  • Lot Number: 14
  • Nearest Cross Street: Union Valley
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 76956.52
  • Ratio Close Price By Sq Ft: 41.55
  • Ratio List Price By Acres: 65173.91
  • Ratio List Price By Sq Ft: 35.19
  • Regional Board Code: Buffalo
  • School Tax: 1073
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 230868
  • Age of Building: 75
  • Year Built: 1947
  • Directions To Property: Take RT 16N--look for the ERA sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room, Family Room, Florida/Sun Room- Unheated, Laundry-1st Floor, Living Room, Porch - Open
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Eat-In, Island
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 4260

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 2.3000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Hinsdale

Lot Info

  • Parcel Number: 044600-085-012-0001-014-001-0000

Tax Info

  • Total Taxes: 3084

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 18, 2021
Sold by
Peters Darwin and Peters Sandra
Bought by
Runkle Philip E and Runkle Betty J
Seller's Agent
Janna Davis
ERA Team VP Real Estate
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$149,900
Sold Price
$177,000
Premium/Discount to List
$27,100
18.08%
Current Estimated Value
$233,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,174
Avg. Annual Appreciation
6.70%
Original Mortgage
$177,000
Outstanding Balance
$160,600
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$72,574

Purchase Details

Closed on
Jun 26, 2017
Sold by
Clark James M
Bought by
Peters Darwin

Purchase Details

Closed on
Mar 1, 2017
Sold by
Peters Darwin
Bought by
Clark James

Purchase Details

Closed on
Jun 15, 2016
Sold by
Association Federal National Mortgage
Bought by
Peters Darwin

Purchase Details

Closed on
Feb 23, 2016
Sold by
Clark James M
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Runkle Philip E $177,000 None Available
Runkle Philip E $177,000 None Available
Peters Darwin -- Brian Palumbo
Peters Darwin -- Brian Palumbo
Clark James -- Brian C. Palumbo
Clark James -- Brian C. Palumbo
Peters Darwin $20,001 Brain Palumbo
Peters Darwin $20,001 Brain Palumbo
Federal National Mortgage Association $500 Fein Such & Crane
Federal National Mortgage Association $500 Fein Such & Crane
Mortgage Association Federal National $500 Fein Such & Crane
Mortgage Association Federal National $500 Fein Such & Crane
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runkle Philip E $177,000
Closed Runkle Philip E $177,000
Previous Owner Peters Darwin $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $177,000 +18.1% $42 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $149,900 -- $35 / 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 $7,767 $250,000 $24,000 $226,000
2023 $7,790 $250,000 $24,000 $226,000
2022 $7,728 $250,000 $24,000 $226,000
2021 $6,219 $200,000 $24,000 $176,000
2020 $6,230 $200,000 $24,000 $176,000
2019 $21 $200,000 $24,000 $176,000
2018 $8,521 $200,000 $24,000 $176,000
2017 $538 $17,300 $12,300 $5,000
2016 $1,271 $60,000 $22,200 $37,800
2015 -- $60,000 $22,200 $37,800
2014 -- $60,000 $22,200 $37,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: B1321387

Western New York Real Estate Information Services (WNYREIS)

APN: 044600-085-012-0001-014-001-0000