NOT LISTED FOR SALE

312 S 7th St Olean, NY 14760

Estimated Value: $77,000 - $131,000

4 Beds
1.5 Baths
1,498 Sq Ft
$70/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $53,500 $36 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $688/month

250 Days on Market

Highlights

  • Barn
  • Deck
  • Partial Attic
  • Cape Cod Architecture
  • Wood Flooring
  • Fenced Yard

About This Home

As of September 2015

This is a attractive and well maintained cape styled city home that is looking for a new owner. In addition to the usual rooms, it also has a large newly finished family room and bath in the basement.

Last Listed By

Ron Wolf

Listing by Real Estate Pros & More License #30WO0580127 Listed on: 10/29/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 128 x 60
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,498 Sq Ft Home
  • 1.5-Story Property
  • Drapes & Rods
  • Combination Dining and Living Room
  • Gas Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Partial Attic
  • Unfinished Attic

Partially Finished Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

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

Additional Features

  • Deck
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 041200-094-072-0005-038-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 63
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 60
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 321666.6700
  • List Price per Sq Ft: 38.6515
  • Nearest Cross Street: Irving street
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 297222.22
  • Ratio Close Price By Sq Ft: 35.71
  • Ratio List Price By Acres: 321666.67
  • Ratio List Price By Sq Ft: 38.65
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1602
  • Sale Price List Price: 0.9240
  • S P Per Acre: 297222.2200
  • S P Per Sq Ft: 35.7100
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 57900.00
  • Year Built Description: Existing
  • Age of Building: 71
  • Year Built: 1951
  • Directions To Property: West State St. turn s. onto S.7th.St. to the 3rd. block. Home is on the right. Watch for sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Drapes - Some
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room, Laundry-Basement, Living Room
  • Attic Description: Partial, Unfinished
  • Basement Description: Partial, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas
  • Kitchen Dining Description: Living/Dining Combo
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 2
  • 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: 4
  • Total Sq Ft: 1498

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Deck, Fully Fenced Yard, Garage Door Opener, Wood Screens/Storms-some
  • Number of Acres: 0.1800

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

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: 041200-094-072-0005-038-000-0000

Tax Info

  • Total Taxes: 3355

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
Oct 29, 2014
Closed on
Sep 25, 2015
Sold by
Stringer Arlan
Bought by
Gilbert Jessica A
Seller's Agent
Ron Wolf
Real Estate Pros & More
Buyer's Agent
Mary Karst
Howard Hanna Professionals
List Price
$64,900
Sold Price
$53,500
Premium/Discount to List
-$11,400
-17.57%
Total Days on Market
250
Current Estimated Value
$104,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,106
Avg. Annual Appreciation
7.77%
Original Mortgage
$57,867
Outstanding Balance
$45,584
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,526

Purchase Details

Closed on
Aug 19, 2011
Sold by
Stringer Wilburn
Bought by
Stringer Aaron

Purchase Details

Closed on
Dec 8, 2005
Sold by
Yeager Kelly
Bought by
Stringer Arlan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2003
Sold by
Yeager Richard A
Bought by
Yeager Kelly M

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
Gilbert Jessica A $56,710 R. Shane Uber
Stringer Aaron -- --
Stringer Arlan $62,000 Daniel R. Palumbo
Yeager Kelly M -- Ronald Ploetz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Jessica A $57,867
Previous Owner Stringer Arlan $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $53,500 -17.6% $36 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $64,900 -- $43 / 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 $4,032 $63,500 $4,700 $58,800
2023 $2,391 $63,500 $4,700 $58,800
2022 $2,425 $63,500 $4,700 $58,800
2021 $2,495 $63,500 $4,700 $58,800
2020 $2,513 $63,500 $4,700 $58,800
2019 $953 $63,500 $4,700 $58,800
2018 $3,425 $63,500 $4,700 $58,800
2017 $2,574 $63,500 $4,700 $58,800
2016 $2,546 $63,500 $4,700 $58,800
2015 -- $63,500 $4,700 $58,800
2014 -- $63,500 $4,700 $58,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B463842

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0005-038-000-0000