NOT LISTED FOR SALE

318 N 12th St Olean, NY 14760

Estimated Value: $104,000 - $127,221

4 Beds
2.5 Baths
1,536 Sq Ft
$78/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $122,000 $79 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $763/month

22 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • 1 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • 4-minute walk to Marcus Park & Playfields

About This Home

As of May 2024

This 4-bedroom, 2-bath old-style home blends classic charm with modern conveniences, offering a unique and inviting living space. Upon entering, you'll find yourself in a cozy foyer that sets the tone for the rest of the home. The living room exudes warmth and comfort, featuring hardwood floors and rounded archways. Separate dining room perfect for entertaining. Large kitchen with new flooring. Extra room off the kitchen can be used for a breakfast nook or bring the laundry upstairs for added convenience. Full bath on the first floor. Upstairs gives you newly installed carpets in each of the 4 bedrooms. Remodeled full bath. This home offers a brand new furnace, hot water tank, new metal roof, painted completely inside and out. Move right in and make this home yours today.
Overall, this newly updated 4-bedroom, 2-bath old-style home provides the perfect balance of historic charm and modern comfort, offering a cozy retreat for its lucky inhabitants.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-353-3222 License #30PA0967867 Listed on: 03/06/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Ciji VanDyke

Listing by RE/MAX On Point License #40SH1133987

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1910

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Carport
  • Driveway

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 041200-094-056-0003-054-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,868

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • Attribution Contact: 716-353-3222
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Wayne street turn down 12th St.
  • Architectural Style: Historic/Antique
  • Carport Y N: Yes
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1469
  • Waterfront: No
  • Construction Type: Wood Siding, PEX Plumbing
  • Exterior Features: Blacktop Driveway, Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Carport, Detached

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-056-0003-054-000-0000
  • Lot Dimensions: 50X128
  • Lot Size Sq Ft: 6400.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2868.0
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
May 7, 2024
Sold by
Alanew Llc
Bought by
Lee David E
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Ciji VanDyke
RE/MAX On Point
List Price
$114,900
Sold Price
$122,000
Premium/Discount to List
$7,100
6.18%
Total Days on Market
22
Views
44
Current Estimated Value
$119,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,945
Avg. Annual Appreciation
-3.55%
Original Mortgage
$119,510
Outstanding Balance
$118,246
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$1,971

Purchase Details

Closed on
Feb 14, 2024
Sold by
Dombeck Donald E Est and Dombeck
Bought by
Alanew Llc

Purchase Details

Closed on
Feb 7, 2024
Sold by
Dombeck James Est and Dombeck
Bought by
Dombeck Donald E Est

Purchase Details

Closed on
Jan 12, 2024
Sold by
Dombeck Gregory and Dombeck Robert
Bought by
Dombeck Donald E Est

Purchase Details

Closed on
Dec 26, 2013
Sold by
Rakus Barbara
Bought by
Dombek
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
Lee David E $122,000 None Available
Lee David E $122,000 None Available
Alanew Llc $12,000 None Available
Dombeck Donald E Est -- None Available
Dombeck Donald E Est -- None Available
Dombek -- --
Dombek -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee David E $119,510
Closed Lee David E $119,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $122,000 +6.2% $79 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $114,900 -- $75 / 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 $4,475 $53,000 $4,300 $48,700
2023 $1,995 $53,000 $4,300 $48,700
2022 $2,024 $53,000 $4,300 $48,700
2021 $2,083 $53,000 $4,300 $48,700
2020 $2,097 $53,000 $4,300 $48,700
2019 $796 $53,000 $4,300 $48,700
2018 $2,859 $53,000 $4,300 $48,700
2017 $2,148 $53,000 $4,300 $48,700
2016 $2,125 $53,000 $4,300 $48,700
2015 -- $53,000 $4,300 $48,700
2014 -- $53,000 $4,300 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1524550

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-056-0003-054-000-0000