NOT LISTED FOR SALE

317 N 5th St Olean, NY 14760

Estimated Value: $63,000 - $115,000

3 Beds
1.5 Baths
1,840 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $30,000 $16 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $629/month

Highlights

  • Bonus Room
  • Forced Air Cooling System
  • Garage
  • Porch

About This Home

As of June 2017

This Beautiful 4 bedroom, 1 1/2 bath home with a 2 car garage, private backyard and great front porch, is located within walking distance to schools, the library, parks. farmers market, and downtown restaurants and stores! Inside you will find a stunning kitchen with stainless appliances, a solid counter top with lots of cabinets, new light fixtures and ceramic tile floor make this a kitchen you will enjoy cooking in! The house has 2 staircases!!! The back stairs off the kitchen take you right up to a built in linen closet, a renovated bathroom and a laundry room with stackable washer and dryer included! The rest of the house features restored hardwood flooring, accented with antique floor grates, high ceilings and new windows! The owners had the home reinsulated when they put up the vinyl siding a few years ago which makes this home not only beautiful but very efficient as well. The Master bedroom has a TON of closet space, it actually has a small room attached that serves as a dressing room, with racks installed and room for a vanity or dressers as well! Call today to get an appointment to see this home before it is gone!!!!!

Last Agent to Rent the Property

Patricia Collier

Listing by RE/MAX On Point License #10401295212 Listed on: 06/03/2017

RE/MAX On Point

Last Renter's Agent

Patricia Collier

Listing by RE/MAX On Point License #10401295212 Listed on: 06/03/2017

RE/MAX On Point

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 4,966

Interior Spaces

  • 1,840 Sq Ft Home
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Off-Street Parking

Additional Features

  • Porch
  • Lot Dimensions are 100 x 50
  • Forced Air Cooling System

Listing and Financial Details

  • Rent includes lawn maintenance, water/sewer
  • 12 Month Lease Term
  • Date Available for Rent: 6

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Lease Term: 1 Year

Listing Details

  • NY Swis Code: Olean-City-041200
  • Available: 06/01/2017
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 50
  • Nearest Cross Street: west sullivan
  • Property Type: Residential Rental
  • Ratio Close Price By Sq Ft: 0.52
  • Ratio List Price By Sq Ft: 0.52
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Water/Sewer
  • Security Pet Deposit: 1 month security
  • Sub Board Code: Buffalo
  • Unit Type: Single Family
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: union to west sullivan st, make a right house on left
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Bonus Room, Laundry-2nd Floor, Porch - Open, Possible Additional Bedroom
  • Basement Description: Full
  • Number of Possible Bedrooms: 1
  • Number of Rooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1840

Garage/Parking

  • Driveway Description: Blacktop
  • Parking Description: Garage, Off-Street

Utilities

  • Hvac Type: Forced Air

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2015
Sold by
Raubach-Alleyne Karen
Bought by
Thropp Jeffrey and Thropp Thropp
Current Estimated Value
$91,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Outstanding Balance
$8,796
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,532

Purchase Details

Closed on
Feb 10, 2005
Sold by
Paar
Bought by
Raubach Karen

Purchase Details

Closed on
May 2, 1997
Sold by
Thomas Victor
Bought by
Bean Paula

Purchase Details

Closed on
Jul 26, 1996
Sold by
Cunningham Terry J and Cunningham Kathleen
Bought by
Thomas Victor

Purchase Details

Closed on
Jun 21, 1996
Sold by
Cunningham Terry J and Cunningham Kathleen
Bought by
Thomas Victor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Thropp Jeffrey $30,000 Michael Morgan
Raubach Karen $44,000 J. Michael Shane
Bean Paula $41,000 --
Bean Paula $41,000 --
Thomas Victor $18,500 --
Thomas Victor $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thropp Jeffrey $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Rented $1,250 0.0% --
10/17/2020 10/17/20 For Rent $1,250 +25.0% --
04/25/2019 04/25/19 Rented $1,000 0.0% --
03/24/2019 03/24/19 For Rent $1,000 +5.3% --
06/17/2017 06/17/17 Rented $950 0.0% --
06/03/2017 06/03/17 For Rent $950 0.0% --
01/15/2016 01/15/16 Sold $30,000 -24.8% $16 / Sq Ft View Prior Sale
10/15/2015 10/15/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $39,900 -- $22 / 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 $1,803 $28,520 $3,700 $24,820
2023 $1,074 $28,520 $3,700 $24,820
2022 $1,089 $28,520 $3,700 $24,820
2021 $1,121 $28,520 $3,700 $24,820
2020 $1,129 $28,520 $3,700 $24,820
2019 $428 $28,520 $3,700 $24,820
2018 $1,538 $28,520 $3,700 $24,820
2015 -- $57,700 $3,700 $54,000
2014 -- $57,700 $3,700 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1051262

Western New York Real Estate Information Services (WNYREIS)

APN: 041200 94.056-8-34 01