NOT LISTED FOR SALE

318 Fountain St Olean, NY 14760

Estimated Value: $202,000 - $224,000

4 Beds
2 Baths
2,688 Sq Ft
$79/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $125,000 $47 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,505/month

72 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • Full Attic
  • 0.6 Acre Lot
  • Old Style Architecture
  • Kitchen Island

About This Home

As of March 2021

DON'T JUDGE A BOOK BY ITS COVER.....You've Seen this House Listed Before, but now we're offering an even More Enticing Deal! With a suitable purchase price, the Seller Will Credit You $10,000!!! CASH$$$ at Closing!! Have the Home Re-Painted or Sided or do whatever you want with it!! This Spacious 4 Bedroom 2 Bath Home located on a Private Wooded Lot in the TOWN of Olean, (No City Tax!!!) is Ready to be Occupied! You won't Believe how much Space is in this Home! It's got an Open-Concept Living Room/Dining Room/Kitchen with a "Blank Canvas" so to say...All White & Wood, so ready for you to customize it with your own Colors! It Sits on .60 Acre, but feels Bigger because the backyard opens up to the wooded area owned by the neighbor behind. It has a 5yr Old Metal Roof, All New Flooring, Carpet & Interior Paint. There's a Full Walk-up Attic for even more living space. A Huge Storage Barn out back. Great Patio for Relaxing and enjoying the Natural Beauty! Country Living on the outskirts of the City! Can't Beat it!! PS...These Pictures DEFINITELY do not do it justice!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 09/12/2020

Last Buyer's Agent

Janna Davis

Listing by ERA Team VP Real Estate License #10401323321

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,619

Year Built

  • Built in 1925

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 130 x 200
  • Wooded Lot

Parking

  • Carport

Home Design

  • Old Style Architecture
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Kitchen Island
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Farming

  • Barn

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 046600-094-001-0002-027-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,619

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 79000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 200
  • Lot Information: Neighborhood Street, Wooded Lot
  • Lot Number: 27
  • Nearest Cross Street: Homer
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 209415.31
  • Ratio Close Price By Sq Ft: 46.50
  • Ratio List Price By Acres: 199363.38
  • Ratio List Price By Sq Ft: 44.27
  • Regional Board Code: Buffalo
  • Roof Description: Metal
  • School Tax: 2744
  • Styles of Residence: Old Style
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 26000
  • Age of Building: 98
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 2688
  • Directions To Property: Buffalo Rd to Homer to Johnson to Fountain. House is on the Left, watch for CHR sign
  • Sq Ft Total Pub: 2688
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Laundry-1st Floor
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Island, Pantry
  • Number of Bedrooms 2nd Floor: 4
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2688

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.5969

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 046600-094-001-0002-027-000-0000

Tax Info

  • Total Taxes: 4619

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Mar 19, 2021
Sold by
Veno Tracy and Muniga Michael
Bought by
Johnson Randall
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$119,000
Sold Price
$125,000
Premium/Discount to List
$6,000
5.04%
Current Estimated Value
$198,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,679
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
May 28, 2019
Sold by
Muniga Edward J Est
Bought by
Veno Tracy

Purchase Details

Closed on
May 23, 2019
Sold by
Muniga Edward J Est
Bought by
Veno Tracy

Purchase Details

Closed on
Mar 19, 2019
Sold by
Muniga Edward J Est
Bought by
Veno Tracy and Muniga Michael
Source: Public Records

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
Johnson Randall $132,000 None Available
Veno Tracy $40,000 None Available
Veno Tracy $40,000 None Available
Veno Tracy $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $125,000 +5.0% $47 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $119,000 -- $44 / 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 $4,998 $79,000 $3,400 $75,600
2023 $4,742 $79,000 $3,400 $75,600
2022 $4,661 $79,000 $3,400 $75,600
2021 $4,536 $79,000 $3,400 $75,600
2020 $4,620 $79,000 $3,400 $75,600
2019 $2,434 $79,000 $3,400 $75,600
2018 $4,749 $79,000 $3,400 $75,600
2017 $4,210 $79,000 $3,400 $75,600
2016 $4,228 $79,000 $3,400 $75,600
2015 -- $79,000 $3,400 $75,600
2014 -- $79,000 $3,400 $75,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1293211

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-094-001-0002-027-000-0000