NOT LISTED FOR SALE

312 S 8th St Olean, NY 14760

Estimated Value: $68,590 - $96,000

2 Beds
1 Bath
1,056 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $45,000 $43 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $544/month

224 Days on Market

Highlights

  • Deck
  • Full Attic
  • Solid Surface Countertops
  • Wood Flooring
  • Corner Lot
  • Cul-De-Sac

About This Home

As of April 2019

Affordable & NEW- Here's the SMOKIN' Deal you've been looking for! Completely updated, just move your stuff in and be worry free for years! This home has Brand New Carpet, Gorgeous Cherry Wood Floor in the Dining Room, Brand New Kitchen & Bath,New Fridge, Microwave & Front-Load Washer & Dryer! It has a brand New Deck to enjoy your own little Park out back!It borders a vacant lot that connects to the dikes, so there's lots of space. The back roof is 8 years old, the furnace was updated this past March, all the flooring & sub flooring in the house have been replaced as well as most drywall. & Plumbing. The utilities are very minimal- with the highest gas bill in the dead of winter, being $110!! Potential monthly mortgage payment with taxes included could be $400/month! Call me for a tour!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 07/23/2018

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1880

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 165 x 40
  • Cul-De-Sac
  • Corner Lot

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Gas Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Stone Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 041200-094-072-0005-024-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 30000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 165
  • Lot Dimension Front: 40
  • Lot Information: Corner Lot, Cul De Sac, Neighborhood Street
  • Lot Number: 24
  • Nearest Cross Street: Green
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 297029.70
  • Ratio Close Price By Sq Ft: 42.61
  • Ratio List Price By Acres: 316171.62
  • Ratio List Price By Sq Ft: 45.36
  • Regional Board Code: Buffalo
  • School Tax: 789
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6600
  • Age of Building: 143
  • Year Built: 1880
  • Directions To Property: West state street to s 8th. Drive all the way down, home is at the end of the street on the right
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: Laundry-1st Floor, Living Room
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1056

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 0.1515

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-072-0005-024-000-0000

Tax Info

  • Total Taxes: 1662

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Apr 24, 2019
Sold by
Ellison Jeffrey M
Bought by
Butts Shandi
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%
Current Estimated Value
$79,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,648
Avg. Annual Appreciation
9.47%
Original Mortgage
$44,184
Outstanding Balance
$38,770
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$41,666

Purchase Details

Listed on
Jul 23, 2018
Closed on
Apr 23, 2019
Sold by
Ellison Jeffrey M
Bought by
Butts Shandi
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$54,900
Sold Price
$45,000
Premium/Discount to List
-$9,900
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,184
Outstanding Balance
$38,770
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$41,666

Purchase Details

Closed on
Jun 7, 2010
Sold by
Carney Charles
Bought by
Ellison Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Butts Shandi $45,000 None Available
Butts Shandi $45,000 None Available
Ellison Jeffrey $21,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butts Shandi $44,184
Closed Butts Shandi $44,184
Previous Owner Ellison Jeffrey $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $45,000 -6.1% $43 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $47,900 -4.0% $45 / Sq Ft
10/28/2018 10/28/18 Price Changed $49,900 -9.1% $47 / Sq Ft
09/04/2018 09/04/18 For Sale $54,900 0.0% $52 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $54,900 -- $52 / 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 $1,472 $39,000 $5,600 $33,400
2023 $1,468 $39,000 $5,600 $33,400
2022 $1,489 $39,000 $5,600 $33,400
2021 $1,533 $39,000 $5,600 $33,400
2020 $1,425 $39,000 $5,600 $33,400
2019 $450 $30,000 $5,600 $24,400
2018 $977 $30,000 $5,600 $24,400
2017 $540 $30,000 $5,600 $24,400
2016 $509 $30,000 $5,600 $24,400
2015 -- $30,000 $5,600 $24,400
2014 -- $30,000 $5,600 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1135594

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0005-024-000-0000