NOT LISTED FOR SALE

317 W Sullivan St Olean, NY 14760

Estimated Value: $74,000 - $230,000

5 Beds
2.5 Baths
3,894 Sq Ft
$32/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $37,500 $10 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $928/month

203 Days on Market

Highlights

  • Cathedral Ceiling
  • Partial Attic
  • Home Office
  • Wood Flooring
  • Bonus Room
  • Formal Dining Room

About This Home

As of February 2016

Just shy of 4000 sqft., 5 + Br's. and a number of very large rooms throughout this turn of the century masterpiece. Must see interior, dual staircases front and back with private living quarters. Will need some attention.

Last Listed By

Richard Benedetto

Listing by Real Estate Advantage License #31BE0882362 Listed on: 06/18/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60 x 75

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 3,894 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Basement Fills Entire Space Under The House
  • Country Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Attic

  • Partial Attic
  • Attic Fan

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-065-0001-006-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 105
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 110000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 60
  • Lot Dimension Front: 75
  • Lot Information: Neighborhood Street
  • L P Per Acre: 585000.0000
  • List Price per Sq Ft: 15.0231
  • Nearest Cross Street: 3rd.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 375000.00
  • Ratio Close Price By Sq Ft: 9.63
  • Ratio List Price By Acres: 585000.00
  • Ratio List Price By Sq Ft: 15.02
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2713
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 58500.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: W. Sullivan,corner of 3rd.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Attic Fan, Cathedral Ceiling, Ceiling Fan, Drapes - Some
  • Additional Rooms: 1st Floor Bedroom, Bonus Room, Den/Study, Family Room, Foyer/Entry Hall, Living Room, Office
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Country Kitchen, Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 12
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 5
  • Total Sq Ft: 3894

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-065-0001-006-000-0000

Tax Info

  • Total Taxes: 5686

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jan 26, 2016
Sold by
Northwest Savings Bank
Bought by
Rafi Adnan and Rafi R
Seller's Agent
Richard Benedetto
Real Estate Advantage
Buyer's Agent
John Skadowski
Howard Hanna Professionals
List Price
$72,000
Sold Price
$37,500
Premium/Discount to List
-$34,500
-47.92%
Total Days on Market
203
Current Estimated Value
$124,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,523
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Dec 18, 2014
Sold by
Krepp Dustin
Bought by
Northwest Savings Bank

Purchase Details

Closed on
Dec 22, 2010
Sold by
Kubiak Stephanie
Bought by
Krepp Dustin

Purchase Details

Closed on
Jun 5, 2003
Sold by
Consedine Nancy R
Bought by
Kubiak Stephanie

Range of Values:

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Average Value
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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
Rafi Adnan $37,500 Daniel A. Derose
Northwest Savings Bank $4,622 Fein, Such & Crane, Llp
Krepp Dustin -- Robert Mountain
Kubiak Stephanie $89,000 Jay Carr
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2016 02/10/16 Sold $37,500 0.0% $10 / Sq Ft
02/10/2016 02/10/16 Sold $37,500 -47.9% $10 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
01/07/2016 01/07/16 Pending -- -- --
06/18/2015 06/18/15 For Sale $72,000 +92.0% $18 / Sq Ft
02/02/2015 02/02/15 For Sale $37,500 -- $10 / 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 $2,889 $45,500 $3,600 $41,900
2023 $1,713 $45,500 $3,600 $41,900
2022 $1,738 $45,500 $3,600 $41,900
2021 $1,768 $45,000 $3,600 $41,400
2020 $3,832 $45,000 $3,600 $41,400
2019 $1,737 $45,000 $3,600 $41,400
2018 $3,696 $45,000 $3,600 $41,400
2017 $1,824 $45,000 $3,600 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B477978

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0001-006-000-0000