NOT LISTED FOR SALE

318 Tompkins St Olean, NY 14760

Estimated Value: $71,000 - $174,000

4 Beds
2 Baths
1,886 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2021

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

Est. 280% increase in value since last sale

Current estimated payment $729 / mo

5 Days on Market

Highlights

  • Sun or Florida Room
  • Laundry Room
  • Baseboard Heating
  • Formal Dining Room
  • En-Suite Primary Bedroom
  • Rectangular Lot

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 40x133
  • Rectangular Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

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

Parking

  • No Garage
  • Shared Driveway

Schools

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

Utilities

  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 094-065-0005-007

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

5,328 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • ResoLaundryFeatures: In Basement
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On Tompkins Street
  • Architectural Style: Two Story
  • Flooring: Carpet, Other, See Remarks, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room, Pull Down Attic Stairs, Bath in Primary Bedroom
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Exhaust Fan, Gas Water Heater, Range Hood
  • Basement: Exterior Entry, Full, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1223
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Concrete Driveway
  • Foundation Details: Block, Stone

Garage/Parking

  • Parking Features: No Garage, Shared Driveway

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 094-065-0005-007
  • Lot Dimensions: 40X133
  • Lot Size Sq Ft: 5328.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2182.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: East View Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 12, 2021
Sold by
Bought by
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
$113,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,977
Avg. Annual Appreciation
28.34%
Original Mortgage
$70,000
Outstanding Balance
$61,744
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,233

Purchase Details

Closed on
Oct 29, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bought by

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
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$30,000 None Available
$35,000 None Available
-- Gregory Shemeld
-- --
$40,000 Gregory Shemeld
-- Daniel Palumbo
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $70,000
Previous Owner $38,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,434 $40,000 $3,700 $36,300
2024 $2,529 $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

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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

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