$115,000
SOLD JAN 28, 2025

3148 Cranberry Rd Olean, NY 14760

4 Beds
1.5 Baths
1,736 Sq Ft
1.58 Acres

Recently Sold

$66 Per Sq Ft

11% Below List Price

28 Days on Market

Highlights

  • 1.58 Acre Lot
  • Traditional Architecture
  • Separate Formal Living Room
  • Allegany-Limestone Elementary School Rated 9+
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of January 2025

Fantastic location just steps from St Bonaventure University. Your opportunity to own a 170 year old property. Based on measurements owners advised property is 1.6 acresOriginal house built around 1850; addition with family room and half bath added 1972. Huge eat in kitchen with a lot of countertops space. Nice family room adds a lot of space for family, friends, home office. Large living room and dining room. Two bedrooms in lower. Full bath downstairs. Upstairs has 2 more bedrooms including a very large master bedroom. Upstairs also has a small bonus area that could be expanded into another bedroom or home office. Basement laundry. Basement is under most of the original house. Updated furnace and HWT. Metal roof installed 2016. Roof over addition sealed 2023. Circuit breakers. Big 2 car garage with loads of storage. Shed (outbuilding) needs work. Gorgeous very large lot offers distance from neighbors and huge backyard is private and treed. This is a one of a kind property that needs some updating/ modernization and cosmetics. Offers due December 16th at 5pm.

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Last Agent to Sell the Property

Matthew Lepovich

Listing by Century 21 North East License #40LE1156864 Listed on: 12/08/2024

Century 21 North East

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1850

Lot Details

  • 1.58 Acre Lot
  • Lot Dimensions are 143x357
  • Irregular Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 042089-094-053-0001-010-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1850
  • Lot Features: Irregular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Constitution to Cranberry about half way down the street
  • Architectural Style: Farmhouse, Historic/Antique, Traditional
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen, Separate/Formal Living Room, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 1.58
  • Waterfront: No
  • Construction Type: Brick, Frame, Wood Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Allegany-Limestone

Lot Info

  • Parcel Number: 042089-094-053-0001-010-000-0000
  • Lot Dimensions: 143X357
  • Lot Size Sq Ft: 50530.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1937.0
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Jan 28, 2025
Sold by
Pleakis Steven A and Pleakis Edward D
Bought by
Edwards Mary B and Durrenberger Ian
Seller's Agent
Matthew Lepovich
Century 21 North East
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Views
61
Current Estimated Value
$143,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,489
Avg. Annual Appreciation
27.53%
Original Mortgage
$111,500
Outstanding Balance
$110,813
Interest Rate
6.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$32,676

Purchase Details

Closed on
Jan 20, 2005
Sold by
Pleakis Vytauto-Cecelia
Bought by
Pleakis Cecelia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $115,000 None Available
Deed -- Daniel R. Palumbo
Deed -- Daniel R. Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,500 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $115,000 -11.5% $66 / Sq Ft
01/05/2025 01/05/25 Pending -- -- --
12/08/2024 12/08/24 For Sale $129,900 -- $75 / 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 $2,219 $64,200 $19,300 $44,900
2023 $1,891 $62,500 $17,600 $44,900
2022 $1,425 $62,500 $17,600 $44,900
2021 $2,061 $62,500 $17,600 $44,900
2020 $512 $62,500 $17,600 $44,900
2019 $538 $62,500 $17,600 $44,900
2018 $526 $62,500 $17,600 $44,900
2017 $965 $62,000 $12,300 $49,700
2016 $538 $62,000 $12,300 $49,700
2015 -- $62,000 $12,300 $49,700
2014 -- $62,000 $12,300 $49,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1579691

Western New York Real Estate Information Services (WNYREIS)

APN: 042089-094-053-0001-010-000-0000