NOT LISTED FOR SALE

401 Cherry St Olean, NY 14760

Estimated Value: $107,000 - $126,017

3 Beds
1 Bath
1,260 Sq Ft
$95/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $98,000 $78 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $867/month

108 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Corner Lot
  • Porch
  • Forced Air Cooling System

About This Home

As of December 2023

Nice ranch home with new roof, windows and Siding. The siding on right side of the house isn't complete
but the new siding is in the garage along with the siding to side the garage. There is treated lumber in the garage for a deck over the front porch. Very nice location in East Olean. There is a large covered patio off the back of the house. Updated kitchen with new cupboards and counter top. This is a estate sale so there is no property condition discloser.
House being sold as is.

Last Agent to Sell the Property

Bernard Vossler

Listing by Southern Tier Realty Co. Inc. Brokerage Phone: 716-397-4214 License #40VO0716437 Listed on: 07/07/2023

Last Buyer's Agent

Anthony Calbi

Listing by Southern Tier Realty Co. Inc. License #10401311383

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,042

Year Built

  • Built in 1966

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 156 x 84
  • Corner Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Schools

  • East View Elementary School

Utilities

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

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 041200-094-067-0004-022-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,042

Year Built

Built in 1966

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 75000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 156
  • Lot Dimension Front: 84
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 22
  • Nearest Cross Street: Plum
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 324503.31
  • Ratio Close Price By Sq Ft: 77.78
  • Ratio List Price By Acres: 363907.28
  • Ratio List Price By Sq Ft: 87.22
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 1938
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 13155
  • Age of Building: 57
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 1260
  • Directions To Property: Seneca Avenue to Cherry St. house is on the right side
  • Sq Ft Total Pub: 1260
  • Attribution Contact: 716-397-4214
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Primary Bedroom, Porch - Open
  • Attic Description: Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1260

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Garage Door Opener
  • Number of Acres: 0.3020

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean
  • Elementary School: East View Elementary

Lot Info

  • Parcel Number: 041200-094-067-0004-022-000-0000

Tax Info

  • Total Taxes: 4042

MLS Schools

  • Elementary School Name: East View Elementary
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Dec 14, 2023
Sold by
Simmons Anna M Est and Brown
Bought by
Hurst Tanner and Hurst Lauren
Seller's Agent
Bernard Vossler
Southern Tier Realty Co. Inc.
Buyer's Agent
Anthony Calbi
Southern Tier Realty Co. Inc.
List Price
$120,000
Sold Price
$98,000
Premium/Discount to List
-$22,000
-18.33%
Views
473
Current Estimated Value
$119,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,504
Avg. Annual Appreciation
11.92%

Purchase Details

Listed on
Jul 27, 2016
Closed on
Jun 16, 2017
Sold by
Phillips Brenda
Bought by
Simmons Anna M
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Louise Oeffling
Keller Williams Realty Lancaster
List Price
$79,900
Sold Price
$72,000
Premium/Discount to List
-$7,900
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$69,840
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2014
Sold by
Padlo Carol M
Bought by
Phillips Brenda
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 Buyer Sale Price Title Company
Hurst Tanner $98,000 None Available
Simmons Anna M $72,000 Matthew Laufer
Phillips Brenda -- Daniel R. Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurst Tanner S $80,000
Previous Owner Simmons Anna M $69,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $98,000 -10.8% $78 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/25/2023 09/25/23 Price Changed $109,900 -4.4% $87 / Sq Ft
09/06/2023 09/06/23 Price Changed $115,000 -4.2% $91 / Sq Ft
07/07/2023 07/07/23 For Sale $120,000 +66.7% $95 / Sq Ft
06/20/2017 06/20/17 Sold $72,000 -9.9% $57 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $79,900 +11.0% $63 / Sq Ft
11/08/2016 11/08/16 Off Market $72,000 -- --
07/27/2016 07/27/16 For Sale $94,900 -- $75 / 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 $2,832 $75,000 $9,100 $65,900
2023 $2,824 $75,000 $9,100 $65,900
2022 $2,864 $75,000 $9,100 $65,900
2021 $2,947 $75,000 $9,100 $65,900
2020 $2,968 $75,000 $9,100 $65,900
2019 $1,126 $75,000 $9,100 $65,900
2018 $4,201 $75,000 $9,100 $65,900
2017 $3,040 $75,000 $9,100 $65,900
2016 $2,649 $75,000 $9,100 $65,900
2015 -- $75,000 $9,100 $65,900
2014 -- $75,000 $9,100 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1482899

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-067-0004-022-000-0000