$66,489
SOLD JUL 8, 2020

316 N 8th St Olean, NY 14760

3 Beds
1 Bath
1,536 Sq Ft
5,220 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

6% Above List Price

73 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Living Room

About This Home

As of February 2022

Nice three bedroom home situated on a double lot. Home has a nice front porch and a deck to enjoy the private yard. Home features a large eat in kitchen and good sized living room . Take a look today.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003 Listed on: 02/27/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,403

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 1 Car Detached Garage
  • Stone Driveway

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

$3,403

Year Built

Built in 1920

Lot Details

0

Listing Details

  • 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
  • Lot Number: 27
  • Nearest Cross Street: Wayne Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 555000.00
  • Ratio Close Price By Sq Ft: 43.29
  • Ratio List Price By Acres: 521702.84
  • Ratio List Price By Sq Ft: 40.69
  • Regional Board Code: Rochester
  • School Tax: 1601
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5220
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Take a left on to N eight Street of of Wayne, home is on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-Basement, Living Room
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1536

Exterior Features

  • Construction: Frame
  • 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: 3403

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 - 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
9.40%
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

Similar Homes in Olean, NY

  • 508 Ho Sta Geh Rd, Olean, NY 14760

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,096 Sq Ft
    • 508 Ho Sta Geh Rd
    • Olean, NY

    If you are looking for a blank slate to truly make your own! This 3-bedroom. 1 bath house in a country setting could be the answer! This charming house has front and back porches and a balcony off the primary bedroom. It also has an oversized 2 car garage with an electric door opener and shop/storage space. The house has been gutted down to the studs and is ready for you to design your dream

    Patricia Collier RE/MAX On Point

    Section Image
  • 334 N 13th St, Olean, NY 14760

    $56,000

    • 2 Beds
    • 1 Bath
    • 1,392 Sq Ft
    • 334 N 13th St
    • Olean, NY

    Cute home centrally located in Olean. 2 Bedrooms, 1 Bathroom with a full covered porch. Spacious living room and dining room. Off street parking. Home located on a quiet dead end street near many amenities. This is a great starter home or profitable rental for investors

    James Dwaileebe 3D Real Estate LLC

    Section Image
  • 114 S 10th St, Olean, NY 14760

    $64,000

    • 1 Bed
    • 1 Bath
    • 728 Sq Ft
    • 114 S 10th St
    • Olean, NY

    "Little Living, Big Charm." This cozy home is perfect for 1 or 2 people. Beautiful woodwork and cabinetry in the kitchen. It is also the perfect place to use as an office, which is what the current owner has been using it for. It has vinyl siding and a very nice fenced in back yard.

    Karen Callahan RE/MAX On Point

    Section Image
  • 218 S 5th St, Olean, NY 14760

    $66,900

    • 4 Beds
    • 2 Baths
    • 2,050 Sq Ft
    • 218 S 5th St
    • Olean, NY

    4 bedroom 2 bathroom home located in Olean NY. This is a fully functioning home at a great price! High ceilings, Open porch and an eclosed sunroom. With some cosmetic repairs and some TLC this home will be beautiful. This home is over 2,000 square feet, off street parking and a shed. Centrally located in the city of Olean. This home is priced right.

    James Dwaileebe 3D Real Estate LLC

    Section Image
  • 942 N 4th St, Olean, NY 14760

    $69,900

    • 2 Beds
    • 1.5 Baths
    • 876 Sq Ft
    • 942 N 4th St
    • Olean, NY

    This delightful 2 bedroom, 1.5 bath, residence is ideally located within walking distance of downtown Olean, while offering the tranquility of a quiet neighborhood. It presents an excellent opportunity for use as a primary residence for first-time homebuyers or as a promising investment property. Step into the spacious kitchen, featuring ample cupboard and counter space, complemented by a stylish

    Timothy Ulinger eXp Realty

    Section Image
  • 215 S 2nd St, Olean, NY 14760

    $59,900

    • 4 Beds
    • 2 Baths
    • 1,880 Sq Ft
    • 215 S 2nd St
    • Olean, NY

    Take a look at this three story, four bedroom, 2 full bath home, with detached 2 car garage. Attached to the garage is a storage building with separate units. As you enter from the front of the home, you will walk into a large living area with a gas fireplace, a window seat and an enclosed porch with front bay window. The kitchen is a galley style kitchen with separate dining area and sliding

    Rae Ellen Kyler Century 21 Turner Brokers

    Section Image
  • 314 Main St, Olean, NY 14760

    $49,900

    • 3 Beds
    • 1.5 Baths
    • 1,188 Sq Ft
    • 314 Main St
    • Olean, NY

    Conveniently located home in walking distance to store, restaurants, mall and downtown. Many recent updates. Priced to sell and much cheaper than renting a similar single family dwelling!

    Linda Schnell No Office Affiliation

    Section Image
  • 213 S Clinton St, Olean, NY 14760

    $69,900

    • 4 Beds
    • 2 Baths
    • 1,902 Sq Ft
    • 213 S Clinton St
    • Olean, NY

    Back on the market, this charming, old-style home has been in the family for 120 years, carrying with it a rich history and timeless character. Featuring four spacious bedrooms and two full baths, the home offers a classic layout with original details that reflect its historic charm. While it has been well-loved over the years, a little TLC will bring out its full potential, making it the perfect

    Kelly Patrone Howard Hanna Professionals - Olean

    Section Image
  • 4 Edwards Ct, Olean, NY 14760

    $50,000

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 4 Edwards Ct
    • Olean, NY

    Single Family Row house

    Claudia Attard-Keary EXP-Premier Listings Team

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: 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 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1253694

Chautauqua-Cattaraugus Board of REALTORS®

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