NOT LISTED FOR SALE

340 N 8th St Olean, NY 14760

Estimated Value: $61,805 - $81,000

3 Beds
1 Bath
1,250 Sq Ft
$57/Sq Ft Est. Value

About This Home

This home is located at 340 N 8th St, Olean, NY 14760 and is currently estimated at $71,201, approximately $56 per square foot. 340 N 8th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Olean 2020 Llc
Bought by
Butler Leonard and Hopkins Nancy
Current Estimated Value
$71,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,356
Outstanding Balance
$44,076
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,255

Purchase Details

Closed on
Dec 15, 2021
Sold by
Park Centre Development
Bought by
Olean 2020 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 23, 2008
Sold by
Bean John
Bought by
Park Centre Development Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Butler Leonard $54,000 None Available
Olean 2020 Llc $40,000 None Available
Park Centre Development Inc $34,000 Daniel A Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Leonard $44,356
Previous Owner Olean 2020 Llc $4,000,000
Source: Public Records

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 $2,159 $34,000 $2,700 $31,300
2023 $1,280 $34,000 $2,700 $31,300
2022 $1,299 $34,000 $2,700 $31,300
2021 $1,336 $34,000 $2,700 $31,300
2020 $1,345 $34,000 $2,700 $31,300
2019 $510 $34,000 $2,700 $31,300
2018 $1,834 $34,000 $2,700 $31,300
2017 $1,378 $34,000 $2,700 $31,300
2016 $1,363 $34,000 $2,700 $31,300
2015 -- $34,000 $2,700 $31,300
2014 -- $34,000 $2,700 $31,300
Source: Public Records

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