NOT LISTED FOR SALE

316 N 8th St Olean, NY 14760

Estimated Value: $111,000 - $129,000

3 Beds
1.5 Baths
1,536 Sq Ft
$76/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $80,000 $52 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $766/month

27 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch
  • Old Style Architecture
  • 1 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of February 2022

Great three bedroom 1.5 bath home situated on a double lot. Large eat in kitchen with gas fireplace. Plenty of cupboard and counter space but room to add more or even put in an island. Dining room, living room both with hardwood floors. Upstairs are three bedrooms with a large bathroom and lots of storage. Full basement with laundry and work bench. Nice wrap around deck to enjoy the outdoors. Nice private yard with a 1 car garage and shed attached.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 11/17/2021

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1920

Lot Details

  • 5,220 Sq Ft Lot
  • Lot Dimensions are 116 x 45

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 041200-094-056-0006-027-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 62000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 45
  • Lot Information: Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: Sullivan
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 667779.63
  • Ratio Close Price By Sq Ft: 52.08
  • Ratio List Price By Acres: 705342.24
  • Ratio List Price By Sq Ft: 55.01
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1640
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5220
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1536
  • Directions To Property: From Wayne st. take left onto N 8th home is on the left.
  • Sq Ft Total Pub: 1536
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Freestanding: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1536

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1198

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • 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

Lot Info

  • Parcel Number: 041200-094-056-0006-027-000-0000

Tax Info

  • Total Taxes: 3380

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jul 7, 2020
Sold by
Kaminske Timothy B
Bought by
Gregory Craig S and Gregory Kaitlyn R
Seller's Agent
John Dwaileebe
Howard Hanna Professionals
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals
List Price
$62,500
Sold Price
$66,489
Premium/Discount to List
$3,989
6.38%
Total Days on Market
27
Current Estimated Value
$116,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,035
Avg. Annual Appreciation
11.41%
Original Mortgage
$65,283
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 18, 2013
Closed on
Sep 3, 2013
Sold by
Lyons Michael D
Bought by
Kaminske Timothy B
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$79,000
Sold Price
$72,000
Premium/Discount to List
-$7,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.16%

Range of Values:

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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
Gregory Craig S -- None Available
Kaminske Timothy B $72,000 Daniel Palumbo
Lyons Michael D $800 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burden Jonathan L $64,000
Closed Gregory Craig S $65,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $80,000 -5.3% $52 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $84,500 +27.1% $55 / Sq Ft
07/08/2020 07/08/20 Sold $66,489 +6.4% $43 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $62,500 -13.2% $41 / Sq Ft
09/06/2013 09/06/13 Sold $72,000 -8.9% $47 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $79,000 -- $51 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,936 $62,000 $4,000 $58,000
2023 $2,334 $62,000 $4,000 $58,000
2022 $2,368 $62,000 $4,000 $58,000
2021 $2,436 $62,000 $4,000 $58,000
2020 $4,233 $62,000 $4,000 $58,000
2019 $931 $62,000 $4,000 $58,000
2018 $5,093 $62,000 $4,000 $58,000
2017 $2,513 $62,000 $4,000 $58,000
2016 $2,486 $62,000 $4,000 $58,000
2015 -- $62,000 $4,000 $58,000
2014 -- $62,000 $4,000 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1378820

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-056-0006-027-000-0000