$12,100
SOLD OCT 9, 2015

3324 Route 16 N Unit NYS Olean, NY 14760

3 Beds
1 Bath
1,421 Sq Ft
0.75 Acres

Recently Sold

$9 Per Sq Ft

77% Below List Price

361 Days on Market

Highlights

  • Formal Dining Room
  • Living Room
  • Wall to Wall Carpet
  • 2 Car Detached Garage

About This Home

As of January 2016

Property Sold AS-IS. Pre-Approval or Proof of Funds, Contract Addendum, and Lead Paint Disclosure MUST be submitted with ALL offers. No Search or Survey provided. Buyer pays Transfer Tax.

Last Agent to Sell the Property

Lynda Hood

Listing by No Office Affiliation License #10301201708 Listed on: 08/01/2014

Last Buyer's Agent

Lynda Hood

Listing by No Office Affiliation License #10301201708 Listed on: 08/01/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 205 x 159

Home Design

  • Block Foundation

Interior Spaces

  • 1,421 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Dirt Driveway

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 85.008-1-22

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 114
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 60000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 205
  • Lot Dimension Front: 159
  • Lot Information: Primary Road
  • L P Per Acre: 45226.6700
  • List Price per Sq Ft: 23.8705
  • Nearest Cross Street: Main
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 16133.33
  • Ratio Close Price By Sq Ft: 8.52
  • Ratio List Price By Acres: 45226.67
  • Ratio List Price By Sq Ft: 23.87
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1011
  • Sale Price List Price: 0.3567
  • S P Per Acre: 16133.3300
  • S P Per Sq Ft: 8.5200
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 33920.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Route 16 N
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Living Room
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1421

Exterior Features

  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.7500

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Oil
  • Sewer Description: Septic

Schools

  • School District: Hinsdale
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 85.008-1-22

Tax Info

  • Total Taxes: 2320

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Guarino Gregory J and Guarino Sue A
Bought by
Guarino Gregory J and Guarino Sue A
Current Estimated Value
$122,748

Purchase Details

Listed on
Oct 21, 2015
Closed on
Dec 30, 2015
Sold by
Cr Properties 2015 Llc
Bought by
Charles Diana M
Seller's Agent
Ken Gehris
No Office Affiliation
Buyer's Agent
Ken Gehris
No Office Affiliation
List Price
$29,900
Sold Price
$24,000
Premium/Discount to List
-$5,900
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%

Purchase Details

Listed on
Aug 1, 2014
Closed on
Aug 31, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Cr Properties 2015 Llc
Seller's Agent
Lynda Hood
No Office Affiliation
Buyer's Agent
Lynda Hood
No Office Affiliation
List Price
$53,000
Sold Price
$12,100
Premium/Discount to List
-$40,900
-77.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1447.76%

Purchase Details

Closed on
Apr 16, 2014
Sold by
Pfeiffer Esq. Raymond
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Sep 8, 2006
Sold by
Chafin Sally
Bought by
Howard Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.47%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed -- None Available
Deed $24,000 Nicholas Dicerbo
Deed $12,100 Na Na
Foreclosure Deed $89,250 Stiene & Assoc. Pc
Deed $60,000 Greg Shemeld
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2016 01/07/16 Sold $24,000 -19.7% $17 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $29,900 +147.1% $21 / Sq Ft
10/09/2015 10/09/15 Sold $12,100 -77.2% $9 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $53,000 -- $37 / 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 $1,864 $60,000 $13,400 $46,600
2023 $1,870 $60,000 $13,400 $46,600
2022 $1,082 $35,000 $13,400 $21,600
2021 $1,088 $35,000 $13,400 $21,600
2020 $1,090 $35,000 $13,400 $21,600
2019 $385 $35,000 $13,400 $21,600
2018 $1,089 $35,000 $13,400 $21,600
2017 $1,088 $35,000 $13,400 $21,600
2016 $1,521 $35,000 $13,400 $21,600
2015 -- $60,000 $13,400 $46,600
2014 -- $60,000 $13,400 $46,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B458008

Western New York Real Estate Information Services (WNYREIS)

APN: 044600-085-008-0001-022-000-0000