$37,500
SOLD FEB 10, 2016

317 W Sullivan St Olean, NY 14760

5 Beds
2.5 Baths
3,894 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$10 Per Sq Ft

348 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Formal Dining Room
  • Wood Flooring
  • Den
  • Porch

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 Agent to Sell the Property

E. Daniel Molfino

Listing by Real Estate Advantage License #10301202666 Listed on: 02/02/2015

Last Buyer's Agent

unassigned

Listing by ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 60 x 75
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Composition Roof

Interior Spaces

  • 3,894 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Formal Dining Room
  • Den

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Porch
  • Property is near a bus stop
  • Radiant Heating System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 94.065-1-6

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 110000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 60
  • Lot Dimension Front: 75
  • Lot Information: Corner Lot, Near Bus Line
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Sq Ft: 9.63
  • Ratio List Price By Sq Ft: 21.83
  • Regional Board Code: Rochester
  • Roof Description: Composition
  • Styles of Residence: Colonial
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Age of Building: 113
  • Year Built: 1910
  • Directions To Property: On W. Sullivan, across from HS.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Den/Study, Porch - Open, Possible Additional Bedroom
  • Floor Description: Carpet, Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Dining Description: Formal Dining Room
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 5
  • Total Sq Ft: 3894

Exterior Features

  • Construction: Wood

Garage/Parking

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

Utilities

  • Hvac Type: Hot Water, Radiant
  • Sewer Water: Public Sewer Available, Public Water Available

Schools

  • School District: Other - See Remarks

Lot Info

  • Parcel Number: 94.065-1-6

Tax Info

  • Total Taxes: 3800

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 - Olean
List Price
$72,000
Sold Price
$37,500
Premium/Discount to List
-$34,500
-47.92%
Current Estimated Value
$139,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,450
Avg. Annual Appreciation
14.97%

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
Source: Public Records

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Range of Values:

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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
Deed $37,500 Daniel A. Derose
Foreclosure Deed $4,622 Fein, Such & Crane, Llp
Deed -- Robert Mountain
Deed $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: 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 $2,889 $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: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: 1036604

Chautauqua-Cattaraugus Board of REALTORS®

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