NOT LISTED FOR SALE

323 Cherry St Olean, NY 14760

Estimated Value: $114,068 - $134,000

2 Beds
2 Baths
1,170 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $62,000 $53 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $771/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Formal Dining Room
  • 1 Car Attached Garage
  • Corner Lot
  • Fenced Yard
  • Breakfast Bar

About This Home

As of February 2013

This home is located at 323 Cherry St, Olean, NY 14760 since 04 January 2013 and is currently estimated at $123,267, approximately $105 per square foot. This property was built in 1955. 323 Cherry 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.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 01/04/2013

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,319

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75 x 112
  • Fenced Yard
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,170 Sq Ft Home
  • 1.5-Story Property
  • Formal Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-067-0005-013-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,319

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Age: 58
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 65000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 75
  • Lot Dimension Front: 112
  • Lot Information: Corner Lot
  • L P Per Acre: 341578.9500
  • List Price per Sq Ft: 55.4700
  • Nearest Cross Street: Seneca
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 326315.79
  • Ratio Close Price By Sq Ft: 52.99
  • Ratio List Price By Acres: 341578.95
  • Ratio List Price By Sq Ft: 55.47
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1561
  • Sale Price List Price: 0.9553
  • S P Per Acre: 326315.7900
  • S P Per Sq Ft: 52.9900
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 64900.00
  • Year Built Description: Existing
  • Age of Building: 67
  • Year Built: 1955
  • Directions To Property: Seneca to Cherry
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room
  • Attic Description: Crawl Space
  • Basement Description: Finished, Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Dryer, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 5
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.1900

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

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

Lot Info

  • Parcel Number: 041200-094-067-0005-013-000-0000

Tax Info

  • Total Taxes: 3319

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 19, 2013
Sold by
Verbanic Frances A
Bought by
Lyons Thomas
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$64,900
Sold Price
$62,000
Premium/Discount to List
-$2,900
-4.47%
Current Estimated Value
$123,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,267
Avg. Annual Appreciation
5.50%
Original Mortgage
$49,600
Outstanding Balance
$22,449
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,818

Purchase Details

Closed on
Aug 16, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lyons Thomas $62,000 Daniel R. Palumbo
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Thomas $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2013 02/22/13 Sold $62,000 -4.5% $53 / Sq Ft
01/05/2013 01/05/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $64,900 -- $55 / 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 $4,110 $65,000 $7,700 $57,300
2023 $2,447 $65,000 $7,700 $57,300
2022 $2,482 $65,000 $7,700 $57,300
2021 $2,554 $65,000 $7,700 $57,300
2020 $1,144 $65,000 $7,700 $57,300
2019 $976 $65,000 $7,700 $57,300
2018 $2,865 $65,000 $7,700 $57,300
2017 $1,959 $65,000 $7,700 $57,300
2016 $1,912 $65,000 $7,700 $57,300
2015 -- $65,000 $7,700 $57,300
2014 -- $65,000 $7,700 $57,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B421483

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-067-0005-013-000-0000