NOT LISTED FOR SALE

315 S 5th St Olean, NY 14760

Estimated Value: $81,000 - $103,000

3 Beds
2 Baths
1,568 Sq Ft
$60/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $20,000 $13 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $615/month

125 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Forced Air Cooling System

About This Home

As of August 2017

Three bedroom home on dead end street. Updated kitchen and large family room with gas fireplace. Newer windows and carpeting. Affordable starter home or great income property. Priced to sell. Owner motivated.

Last Listed By

Paul Conklin

Listing by ERA Team VP Real Estate License #40CO0885468 Listed on: 01/12/2017

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 120 x 25

Parking

  • No Garage

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-072-0004-030-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Accessibility: Ramp
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 47000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 120
  • Lot Dimension Front: 25
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Green Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 290275.76
  • Ratio Close Price By Sq Ft: 12.76
  • Ratio List Price By Acres: 326560.23
  • Ratio List Price By Sq Ft: 14.35
  • Regional Board Code: Buffalo
  • School Tax: 1204
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3000
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: South 5th is off Green Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Family Room, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1568

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 0.0689

Garage/Parking

  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-072-0004-030-000-0000

Tax Info

  • Total Taxes: 2523

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Aug 10, 2017
Sold by
Lynette R Clayson Executrix Of The
Bought by
Reeve Kimberly N
Seller's Agent
Paul Conklin
ERA Team VP Real Estate
Buyer's Agent
Carol Thomas
Howard Hanna Professionals
List Price
$22,500
Sold Price
$20,000
Premium/Discount to List
-$2,500
-11.11%
Total Days on Market
125
Current Estimated Value
$93,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,549
Avg. Annual Appreciation
21.96%
Original Mortgage
$16,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2009
Sold by
Simon Janet
Bought by
Simon Janet

Purchase Details

Closed on
Jul 6, 2006
Sold by
Simon Janet
Bought by
Simon Janet

Range of Values:

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Average Value
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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
Reeve Kimberly N -- Gregory E. Shemeld
Simon Janet -- Ronald Ploetz
Simon Janet -- Ronald D. Ploetz
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker James A $133,000
Closed Reeve Kimberly N $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2017 08/15/17 Sold $20,000 -11.1% $13 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $22,500 -- $14 / 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 $2,984 $47,000 $2,200 $44,800
2023 $1,769 $47,000 $2,200 $44,800
2022 $1,795 $47,000 $2,200 $44,800
2021 $1,847 $47,000 $2,200 $44,800
2020 $1,860 $47,000 $2,200 $44,800
2019 $705 $47,000 $2,200 $44,800
2018 $2,593 $47,000 $2,200 $44,800
2017 $1,905 $47,000 $2,200 $44,800
2016 $3,224 $47,000 $2,200 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1021121

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0004-030-000-0000