$60,000
SOLD JUL 30, 2013

320 N 5th St Olean, NY 14760

4 Beds
1.5 Baths
1,756 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

15% Below List Price

205 Days on Market

Highlights

  • Full Attic
  • 1.5 Car Detached Garage
  • Eat-In Kitchen
  • Breakfast Room
  • Porch
  • Forced Air Cooling System

About This Home

As of July 2013

Well maintained 4 bedroom 1.5 bath traditional home located close to schools, downtown, YMCA. This home offers a livingroom dining room combo with a woodburning fireplace in the livingroom. Kitchen with breakfast nook. Lots of built in cabintry. Walk up attic that has the potential to be finished. Full basement, some new windows. Don't miss your chance at seeing this one. Call today for your private tour.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867

Howard Hanna Professionals

Last Buyer's Agent

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 128 x 40

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Breakfast Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Full Attic
  • Unfinished Attic

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1.5 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Porch

Schools

  • Washington West Elementary School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-056-0008-022-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 102
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 65000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • L P Per Acre: 566666.6700
  • List Price per Sq Ft: 38.7243
  • Nearest Cross Street: Sullivan
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 500000.00
  • Ratio Close Price By Sq Ft: 34.17
  • Ratio List Price By Acres: 566666.67
  • Ratio List Price By Sq Ft: 38.72
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1561
  • Sale Price List Price: 0.8823
  • S P Per Acre: 500000.0000
  • S P Per Sq Ft: 34.1700
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 68000.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Sullivan to N 5th Street. House will be on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Electrical Fuses - some
  • Additional Rooms: Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Full, Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Oven/Range Built-In
  • Kitchen Dining Description: Breakfast Room, Eat-In, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1756

Exterior Features

  • Construction: Brick, Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1200

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.5000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary

Lot Info

  • Parcel Number: 041200-094-056-0008-022-000-0000

Tax Info

  • Total Taxes: 3319

MLS Schools

  • Elementary School Name: Washington West Elementary
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2012
Closed on
Jul 26, 2013
Sold by
Pleakis Joann
Bought by
Beal Michael S
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$71,000
Sold Price
$60,000
Premium/Discount to List
-$11,000
-15.49%
Total Days on Market
205
Current Estimated Value
$130,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,197
Avg. Annual Appreciation
5.49%
Original Mortgage
$57,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1996

Purchase Details

Closed on
Apr 30, 1996

Purchase Details

Closed on
Mar 21, 1996

Purchase Details

Closed on
Feb 14, 1996

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $60,000 Gregory E. Shemeld
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 Balloon
Closed $57,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $60,000 -15.5% $34 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $71,000 -- $40 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $4,127 $65,000 $3,800 $61,200
2023 $2,447 $65,000 $3,800 $61,200
2022 $2,482 $65,000 $3,800 $61,200
2021 $2,554 $65,000 $3,800 $61,200
2020 $1,931 $65,000 $3,800 $61,200
2019 $976 $65,000 $3,800 $61,200
2018 $2,865 $65,000 $3,800 $61,200
2017 $1,959 $65,000 $3,800 $61,200
2016 $1,912 $65,000 $3,800 $61,200
2015 -- $65,000 $3,800 $61,200
2014 -- $65,000 $3,800 $61,200
Source: Public Records

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

MLS Number: B419389

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0008-022-000-0000