NOT LISTED FOR SALE

318 Tompkins St Olean, NY 14760

Estimated Value: $63,000 - $117,000

4 Beds
2 Baths
1,886 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 17, 2021

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

Est. 195% increase in value since last sale

Current estimated payment $555/month

5 Days on Market

Highlights

  • Heated Sun or Florida Room
  • Baseboard Heating
  • Walk-Up Access
  • Formal Dining Room
  • Rectangular Lot
  • Wall to Wall Carpet

About This Home

As of February 2021

This house is close to downtown Olean. It has great potential with four bedrooms and two full bathrooms. With a little work, this house would make a wonderful home. There is a heated room off the back for additional living space. Located on a dead end street. It has a carport and a shed in the rear.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 12/24/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,328 Sq Ft Lot
  • Lot Dimensions are 133 x 40
  • Rectangular Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Pull Down Stairs to Attic
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Laundry in Basement

Parking

  • No Garage
  • Shared Driveway

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 7
  • Assessor Parcel Number 094-065-0005-007

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 40000
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 133
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 7
  • Lot Shape: Rectangular
  • Nearest Cross Street: North Clinton Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 245298.45
  • Ratio Close Price By Sq Ft: 15.91
  • Ratio List Price By Acres: 244480.78
  • Ratio List Price By Sq Ft: 15.85
  • Regional Board Code: Rochester
  • Roof Description: Metal
  • School Tax: 1057
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 5328
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1886
  • Directions To Property: On Tompkins Street
  • Sq Ft Total Pub: 1886
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Florida/Sun Room- Heated, Laundry-Basement, Master Bedroom Bath
  • Attic Description: Pull Down Stairs
  • Basement Description: Exterior Walkup/Bulkhead Doors, Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Range Hood-Exhaust Fan
  • Kitchen Dining Description: Formal Dining Room
  • 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: 1886

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1223

Garage/Parking

  • Driveway Description: Blacktop, Concrete, Shared
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 094-065-0005-007

Tax Info

  • Total Taxes: 2182

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 12, 2021
Sold by
Olean Area Fcu
Bought by
Hickey Michael
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$29,900
Sold Price
$30,000
Premium/Discount to List
$100
0.33%
Current Estimated Value
$88,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,469
Avg. Annual Appreciation
31.37%
Original Mortgage
$70,000
Outstanding Balance
$63,318
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,923

Purchase Details

Closed on
Oct 29, 2020
Sold by
Cooper Stephanie S and Cooper Michael E
Bought by
Olean Area Fcu

Purchase Details

Closed on
Mar 14, 2017
Sold by
Cooper Michael
Bought by
Cooper Stephanie

Purchase Details

Closed on
Jan 28, 2009
Sold by
Cooper Michael
Bought by
Cooper Michael

Purchase Details

Closed on
Mar 28, 2007
Sold by
Threehouse James
Bought by
Cooper Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2007
Sold by
Threehouse Matthew
Bought by
Threehouse James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Hickey Michael $30,000 None Available
Olean Area Fcu $35,000 None Available
Cooper Stephanie -- Gregory Shemeld
Cooper Michael -- --
Cooper Michael $40,000 Gregory Shemeld
Threehouse James -- Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Michael $70,000
Previous Owner Cooper Michael E $40,000
Previous Owner Cooper Michael L $30,000
Previous Owner Cooper Michael $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $30,000 +0.3% $16 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/24/2020 12/24/20 For Sale $29,900 -- $16 / 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 $3,377 $40,000 $3,700 $36,300
2023 $1,506 $40,000 $3,700 $36,300
2022 $1,528 $40,000 $3,700 $36,300
2021 $1,572 $40,000 $3,700 $36,300
2020 $2,063 $40,000 $3,700 $36,300
2019 $669 $40,000 $3,700 $36,300
2018 $1,776 $40,000 $3,700 $36,300
2017 $860 $40,000 $3,700 $36,300
2016 $826 $40,000 $3,700 $36,300
2015 -- $40,000 $3,700 $36,300
2014 -- $40,000 $3,700 $36,300
Source: Public Records

Agents Affiliated with this Home

  • Dennis Pezzimenti

    Seller's Agent in 2021

    Dennis Pezzimenti

    Howard Hanna

    (716) 378-8989

    28 in this area

    55 Total Sales

    Dennis Pezzimenti
    Section Image
  • Kelly Patrone

    Buyer's Agent in 2021

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    109 in this area

    244 Total Sales

    Kelly Patrone
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1312786

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-065-0005-007-000-0000

New York Cattaraugus County Olean 14760

318 Tompkins St, Olean, NY

This home is located at 318 Tompkins St, Olean, NY 14760 since 24 December 2020 and is currently estimated at $88,469, approximately $46 per square foot. This property was built in 1900. 318 Tompkins St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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