NOT LISTED FOR SALE

3488 Route 16 N Unit NYS Olean, NY 14760

Estimated Value: $99,000 - $141,475

3 Beds
1 Bath
1,546 Sq Ft
$79/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $20,163 $13 Per Sq Ft

Est. 508% increase in value since last sale

Current estimated payment $801/month

8 Days on Market

Highlights

  • In Ground Pool
  • Full Attic
  • Formal Dining Room
  • Cape Cod Architecture
  • 1 Fireplace
  • 3 Car Detached Garage

About This Home

As of February 2016

SITUATED ON OVER ONE ACRE. THREE BEDROOMS. DETACHED THREE PLUS CAR GARAGE. FULL BASEMENT AND PARTIALLY FINISHED ATTIC. LARGE SHED. PELLET FIREPLACE (NWTC). CONDITION OF IN GROUND POOL UNKNOWN. MAINTENANCE FREE EXTERIOR.

Last Agent to Sell the Property

Scott Walters

Listing by S.A.W. Commission Cutters Listed on: 11/16/2015

Last Buyer's Agent

Tena Smith

Listing by Kyser Realty Inc. License #10311204648

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1850

Lot Details

  • 1.09 Acre Lot
  • 265 Ft Wide Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,546 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Pool

  • In Ground Pool

Utilities

  • Forced Air Cooling System
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 044600-085-008-0001-011-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Age: 165
  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 59000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Front: 265
  • Lot Information: Primary Road
  • L P Per Acre: 18302.7523
  • List Price per Sq Ft: 12.9042
  • Nearest Cross Street: Fay Hollow
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 18498.17
  • Ratio Close Price By Sq Ft: 13.04
  • Ratio List Price By Acres: 18302.75
  • Ratio List Price By Sq Ft: 12.90
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 995
  • Sale Price List Price: 1.0106
  • S P Per Acre: 18498.1651
  • S P Per Sq Ft: 13.0400
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 19950.00
  • Year Built Description: Existing
  • Age of Building: 172
  • Year Built: 1850
  • Directions To Property: South of Fay Hollow, on E side of Route 16N
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1850

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor
  • Attic Description: Full, Partially Finished
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Pellet: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1546

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Pool-In Ground
  • Number of Acres: 1.0900

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 3.0000

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Oil

Schools

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

Lot Info

  • Parcel Number: 044600-085-008-0001-011-000-0000

Tax Info

  • Total Taxes: 2250

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 27, 2016
Sold by
Secretary Veteran Affairs
Bought by
Smith Drew A and Smith S
Seller's Agent
Scott Walters
S.A.W. Commission Cutters
Buyer's Agent
Tena Smith
Kyser Realty Inc.
List Price
$19,950
Sold Price
$20,163
Premium/Discount to List
$213
1.07%
Current Estimated Value
$122,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,456
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Aug 31, 2015
Sold by
Milks Bryan R
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 23, 2007
Sold by
Redding Estate Donald
Bought by
Reid Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,951
Interest Rate
6.78%
Mortgage Type
Unknown
Source: Public Records

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 Buyer Sale Price Title Company
Smith Drew A $20,163 David T Pullen
Secretary Of Veterans Affairs $45,077 Lambert Frenkel
Reid Willie $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holiday Drew E $73,000
Previous Owner Reid Willie $68,951
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2016 02/03/16 Sold $20,163 +1.1% $13 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $19,950 -- $13 / 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 $1,833 $59,000 $12,100 $46,900
2023 $1,838 $59,000 $12,100 $46,900
2022 $1,824 $59,000 $12,100 $46,900
2021 $1,835 $59,000 $12,100 $46,900
2020 $2,529 $59,000 $12,100 $46,900
2019 $649 $59,000 $12,100 $46,900
2018 $1,835 $59,000 $12,100 $46,900
2017 $1,834 $59,000 $12,100 $46,900
2016 $1,856 $59,000 $12,100 $46,900
2015 -- $59,000 $12,100 $46,900
2014 -- $59,000 $12,100 $46,900
Source: Public Records

Agents Affiliated with this Home

  • Scott Walters

    Seller's Agent in 2016

    Scott Walters

    S.A.W. Commission Cutters

    (716) 695-0005

    90 Total Sales

    Scott Walters
    Section Image
  • Tena Smith

    Buyer's Agent in 2016

    Tena Smith

    Kyser Realty Inc.

    (716) 378-9266

    1 in this area

    30 Total Sales

    Tena Smith
    Section Image
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Map

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

MLS Number: B489238

Western New York Real Estate Information Services (WNYREIS)

APN: 044600-085-008-0001-011-000-0000

New York Cattaraugus County Olean 14743

3488 Route 16 N Unit NYS, Olean, NY

This home is located at 3488 Route 16 N Unit NYS, Olean, NY 14760 since 16 November 2015 and is currently estimated at $122,619, approximately $79 per square foot. This property was built in 1850. 3488 Route 16 N Unit NYS is a home located in Cattaraugus County with nearby schools including Hinsdale Central School.

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