NOT LISTED FOR SALE

341 Fountain St Olean, NY 14760

Estimated Value: $138,000 - $143,000

3 Beds
2 Baths
1,548 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $55,000 $36 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,122/month

322 Days on Market

Highlights

  • Traditional Architecture
  • Country Kitchen
  • Forced Air Cooling System
  • Workshop
  • 4 Car Attached Garage
  • Combination Dining and Living Room

About This Home

As of April 2013

This property is very unique. Along with the three bedroom house, there is a very large garage/workshop. This building was formerly Bush Saw & Tool.

Last Listed By

Dennis Jones

Listing by No Office Affiliation License #37JO0862466 Listed on: 03/07/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 345 x 50

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 1,548 Sq Ft Home
  • 1.5-Story Property
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Country Kitchen
  • Free-Standing Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 4 Car Attached Garage
  • Dirt Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-039-0003-009-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Age: 72
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 78000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 345
  • Lot Dimension Front: 50
  • Lot Information: Commercial Zoning, Neighborhood Street
  • L P Per Acre: 192307.6900
  • List Price per Sq Ft: 48.4496
  • Nearest Cross Street: Johnson Road
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 141025.64
  • Ratio Close Price By Sq Ft: 35.53
  • Ratio List Price By Acres: 192307.69
  • Ratio List Price By Sq Ft: 48.45
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1974
  • Sale Price List Price: 0.7333
  • S P Per Acre: 141025.6400
  • S P Per Sq Ft: 35.5300
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 75000.00
  • Year Built Description: Existing
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Buffalo Street to Homer Street - left onto Johnson Road - right onto Fountain Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Laundry-Basement, Living Room, Workshop
  • Basement Description: Partial
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Freestanding, Refrigerator
  • Kitchen Dining Description: Country Kitchen, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1548

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.3900

Garage/Parking

  • Driveway Description: Blacktop, Dirt
  • Garage Description: Attached
  • Number of Garage Spaces: 4.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-039-0003-009-000-0000

Tax Info

  • Total Taxes: 4217

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2012
Closed on
Apr 1, 2013
Sold by
Benson R
Bought by
Capaldo Janice
Seller's Agent
Dennis Jones
No Office Affiliation
Buyer's Agent
Maureen Batesky
No Office Affiliation
List Price
$75,000
Sold Price
$55,000
Premium/Discount to List
-$20,000
-26.67%
Total Days on Market
322
Current Estimated Value
$140,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,668
Avg. Annual Appreciation
7.63%
Original Mortgage
$56,700
Outstanding Balance
$41,135
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,383

Purchase Details

Closed on
Aug 4, 2006
Sold by
Bush Terrance
Bought by
Benson R

Range of Values:

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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
Capaldo Janice $63,000 Gregory Shemeld
Benson R $60,000 Daniel Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capaldo Janice $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2013 04/04/13 Sold $55,000 -26.7% $36 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
03/07/2012 03/07/12 For Sale $75,000 -- $48 / 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 $4,025 $63,400 $10,000 $53,400
2023 $2,387 $63,400 $10,000 $53,400
2022 $2,421 $63,400 $10,000 $53,400
2021 $2,491 $63,400 $10,000 $53,400
2020 $1,868 $63,400 $10,000 $53,400
2019 $1,192 $63,400 $10,000 $53,400
2018 $3,133 $63,400 $10,000 $53,400
2017 $1,894 $63,400 $10,000 $53,400
2016 $1,848 $63,400 $10,000 $53,400
2015 -- $63,400 $10,000 $53,400
2014 -- $63,400 $10,000 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B403364

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-039-0003-009-000-0000