NOT LISTED FOR SALE

3196 Pennsylvania Rd Olean, NY 14760

Estimated Value: $131,000 - $208,986

4 Beds
1 Bath
1,729 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 02, 2020

Last sale price $29,502 $17 Per Sq Ft

Est. 437% increase in value since last sale

Current estimated payment $1,043/month

17 Days on Market

Highlights

  • 2.86 Acre Lot
  • Old Style Architecture
  • Eat-In Kitchen
  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of April 2020

4 bedrooms, detached 2 car garage, large shed, almost 3 acres. Potential for 2 full baths. This property IS in a flood zone.

Last Agent to Sell the Property

Rebecca Pettit

Listing by Homestar Realty License #40PE1006563 Listed on: 02/28/2020

Last Buyer's Agent

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 2.86 Acre Lot
  • Lot Dimensions are 587 x 1,796
  • Rectangular Lot

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,729 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement
  • Scuttle Attic Hole
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 85.002-2-11.2

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 65000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 587
  • Lot Dimension Front: 1796
  • Lot Information: Rural Road
  • Lot Shape: Rectangular
  • Nearest Cross Street: 207
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 10315.38
  • Ratio Close Price By Sq Ft: 17.06
  • Ratio List Price By Acres: 10139.86
  • Ratio List Price By Sq Ft: 16.77
  • Regional Board Code: Buffalo
  • School Tax: 697
  • Styles of Residence: Old Style, Rehab Needed
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Age of Building: 32
  • Year Built: 1990
  • Directions To Property: Take Route 16 to Union Valley or Fay Hollow Road to Pennsylvania Road. See Homestar Realty sign
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Wood-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1729

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 2.8600

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Sewer Description: Septic

Schools

  • School District: Hinsdale

Lot Info

  • Parcel Number: 85.002-2-11.2

Tax Info

  • Total Taxes: 2478

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 6, 2020
Sold by
Community Bank Na
Bought by
Lananger Britnee
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$29,000
Sold Price
$29,502
Premium/Discount to List
$502
1.73%
Current Estimated Value
$158,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,995
Avg. Annual Appreciation
37.50%

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 3, 2020
Sold by
Community Bank Na
Bought by
Lananger Britnee
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$29,000
Sold Price
$29,502
Premium/Discount to List
$502
1.73%

Purchase Details

Closed on
Nov 6, 2019
Sold by
Wilson Jeremiah C and Wilson Jacie
Bought by
Comm National Associ

Purchase Details

Closed on
Nov 4, 2019
Sold by
Wilson Jeremiah C and Wilson Jacie
Bought by
Comm National Associ

Purchase Details

Closed on
Sep 2, 2009
Sold by
Kenney Kevin
Bought by
Wilson Jeremiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2002
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lananger Britnee $29,502 None Available
Lananger Britnee $29,502 None Available
Comm National Associ $65,000 None Available
Comm National Associ $65,000 None Available
Community Bank Na $500 --
Wilson Jeremiah $70,000 Nicholas A Dicerbo Jr
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Jeremiah C $60,000
Previous Owner Wilson Jeremiah $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold $29,502 +1.7% $17 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $29,000 -- $17 / 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 $2,020 $65,000 $8,900 $56,100
2023 $2,025 $65,000 $8,900 $56,100
2022 $2,009 $65,000 $8,900 $56,100
2021 $2,021 $65,000 $8,900 $56,100
2020 $2,025 $65,000 $8,900 $56,100
2019 $421 $65,000 $8,900 $56,100
2018 $2,187 $65,000 $8,900 $56,100
2017 $2,184 $65,000 $8,900 $56,100
2016 $2,211 $65,000 $8,900 $56,100
2015 -- $65,000 $8,900 $56,100
2014 -- $65,000 $8,900 $56,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1253905

Western New York Real Estate Information Services (WNYREIS)

APN: 044600-085-002-0002-011-002-0000