NOT LISTED FOR SALE

314 S 3rd St Olean, NY 14760

Estimated Value: $22,000 - $87,000

3 Beds
1 Bath
1,207 Sq Ft
$54/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $12,000 $10 Per Sq Ft

Est. 446% increase in value since last sale

Current estimated payment $451/month

12 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Porch

About This Home

As of October 2023

ATTENTION ALL INVESTORS! AFFORDABLE 3 bedroom/1 bath house with partial basement, formal dining room, fence & front porch. Property to be sold in as-is condition. Must be listed in the MLS system for 7 calendar days before any offer is accepted. Proof of funds required with all offers. New listing: updated pictures to be added shortly.

Last Agent to Sell the Property

Bruce Biltekoff

Listing by Bruce L. Biltekoff Brokerage Phone: 716-574-3179 License #35BI0898741 Listed on: 08/25/2023

Last Buyer's Agent

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,681 Sq Ft Lot
  • Lot Dimensions are 151 x 37

Parking

  • No Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,207 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 36
  • Assessor Parcel Number 041200-094-073-0002-036-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 20900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 151
  • Lot Dimension Front: 37
  • Lot Information: Neighborhood Street
  • Lot Number: 36
  • Nearest Cross Street: West Green
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 92024.54
  • Ratio Close Price By Sq Ft: 9.94
  • Ratio List Price By Acres: 114263.80
  • Ratio List Price By Sq Ft: 12.34
  • Regional Board Code: Buffalo
  • School Tax: 553
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 5681
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1207
  • Directions To Property: West Green to S 3rd St
  • Sq Ft Total Pub: 1207
  • Attribution Contact: 716-574-3179
  • EnergyEquipment: None
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Porch - Open
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Refrigerator
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1207

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1304

Garage/Parking

  • 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

Lot Info

  • Parcel Number: 041200-094-073-0002-036-000-0000

Tax Info

  • Total Taxes: 1140

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 25, 2023
Sold by
Lsf9 Master Participati T and Us Bank Tna
Bought by
Miller Lonnie
Seller's Agent
Bruce Biltekoff
Bruce L. Biltekoff
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$14,900
Sold Price
$12,000
Premium/Discount to List
-$2,900
-19.46%
Views
160
Current Estimated Value
$65,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,485
Avg. Annual Appreciation
108.46%

Purchase Details

Closed on
Jul 15, 2022
Sold by
Lsf9 Mstr Participatio T and Nichols Bonnie Est Tr
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Oct 13, 1999
Sold by
Baader Phillip C
Bought by
Nichols Bonnie
Source: Public Records
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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
Miller Lonnie $12,000 None Available
Us Bank Na Tr $7,200 None Available
Nichols Bonnie $3,500 --
Nichols Bonnie $3,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $12,000 -19.5% $10 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $14,900 -- $12 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,321 $20,900 $3,600 $17,300
2023 $787 $20,900 $3,600 $17,300
2022 $798 $20,900 $3,600 $17,300
2021 $821 $20,900 $3,600 $17,300
2020 $827 $20,900 $3,600 $17,300
2019 $437 $20,900 $3,600 $17,300
2018 $1,389 $20,900 $3,600 $17,300
2017 $847 $20,900 $3,600 $17,300
2016 $1,434 $20,900 $3,600 $17,300
2015 -- $20,900 $3,600 $17,300
2014 -- $20,900 $3,600 $17,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1493837

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-073-0002-036-000-0000