$72,000
SOLD SEP 6, 2013

316 N 8th St Olean, NY 14760

3 Beds
1.5 Baths
1,536 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

9% Below List Price

116 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Detached Garage
  • Traditional Architecture
  • Fenced Yard
  • Skylights

About This Home

As of February 2022

Move right in to this three bedroom one and half bath home. The is a large kitchen with plenty of cupboard space. The living room is great for entertaining. The exterior is maintenance free. This property also has an additional lot next door for big city lot. Priced in the 70's. Call today for a showing.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 03/18/2013

Howard Hanna Professionals - Olean

Last Buyer's Agent

Merilyn Mang

Listing by No Office Affiliation License #40MA0904168

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 116 x 45
  • Fenced Yard

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Deck

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,165

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 93
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 62000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 45
  • Lot Information: Neighborhood Street
  • L P Per Acre: 616666.6700
  • List Price per Sq Ft: 48.1770
  • Nearest Cross Street: West Sullivan Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 600000.00
  • Ratio Close Price By Sq Ft: 46.88
  • Ratio List Price By Acres: 616666.67
  • Ratio List Price By Sq Ft: 48.18
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1489
  • Sale Price List Price: 0.9729
  • S P Per Acre: 600000.0000
  • S P Per Sq Ft: 46.8800
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 74000.00
  • Year Built Description: Existing
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Turn off Wayne Street onto North Eight Street. Home is on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Skylight
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In, Island
  • Number of Bedrooms 2nd Floor: 3
  • 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
  • Additional Exterior Features: Cable TV Available, Deck, Fully Fenced Yard, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.1200

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
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

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

Tax Info

  • Total Taxes: 3165

MLS Schools

  • Elementary School Name: Washington West Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • 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 - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$62,500
Sold Price
$66,489
Premium/Discount to List
$3,989
6.38%
Current Estimated Value
$111,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,434
Avg. Annual Appreciation
10.02%
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 - Olean
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%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed $72,000 Daniel Palumbo
Deed $800 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $64,000 Stand Alone Refi Refinance Of Original Loan
Closed $65,283 FHA
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: 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 $2,341 $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: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B425650

Western New York Real Estate Information Services (WNYREIS)

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