NOT LISTED FOR SALE

401 York St Olean, NY 14760

Estimated Value: $330,000 - $355,000

6 Beds
3.5 Baths
4,782 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $200,000 $42 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,158/month

257 Days on Market

Highlights

  • 0.34 Acre Lot
  • Traditional Architecture
  • Finished Attic
  • Deck
  • Wood Flooring
  • 1-minute walk to Joseph Magnano Park

About This Home

As of July 2019

This home is one of the most desirable homes in the area. When entering this home, you feel the grandness and charm with the staircase and hardwood floors. The living room is spacious with a wood burning fireplace that leads through the french doors to the heated sun room. The formal dining room is great for entertaining. The kitchen has been updated with granite counter tops, new high end cabinetry and all appliances included. The family room has a gas fireplace. This home boasts of large rooms with six bedrooms and three and half bathrooms. The third floor has a rec room with a kitchenette. There is a deck and a three car garage.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003 Listed on: 07/26/2018

Howard Hanna Professionals - Olean

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 151 x 98
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 4,782 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Two Story Entrance Foyer
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Heated Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Full Attic
  • Finished Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 041200-094-081-0003-036-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 265000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 151
  • Lot Dimension Front: 98
  • Lot Information: Neighborhood Street
  • Lot Number: 36
  • Lot Shape: Rectangular
  • Nearest Cross Street: Monroe Terrace
  • Number of Stories: 3.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 581226.39
  • Ratio Close Price By Sq Ft: 41.82
  • Ratio List Price By Acres: 609997.09
  • Ratio List Price By Sq Ft: 43.89
  • Regional Board Code: Rochester
  • School Tax: 6972
  • Styles of Residence: Traditional
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 14988
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: On York Street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Electrical Fuses - some, Two Story Foyer
  • Additional Rooms: Family Room, Florida/Sun Room- Heated, Foyer/Entry Hall, Laundry-1st Floor, Office
  • Attic Description: Finished, Full, Stair Access
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven/Range Built-In, Oven/Range Electric, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Breakfast Room, Formal Dining Room, Granite Counter, Island, Pantry
  • Number of Bedrooms 2nd Floor: 4
  • Number of Bedrooms 3rd Floor: 2
  • Number of Fireplaces Gas: 2
  • Number of Fireplaces Total Calculated: 3
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 3rd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 16
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 6
  • Total Sq Ft: 4782

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.3441

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Carport, Detached
  • Number of Garage Spaces: 3.0000

Utilities

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

Lot Info

  • Parcel Number: 041200-094-081-0003-036-000-0000

Tax Info

  • Total Taxes: 14679

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Jul 25, 2019
Sold by
Cihak William G
Bought by
Hasan Syed Khader
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$345,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,880
Avg. Annual Appreciation
8.89%
Original Mortgage
$160,000
Outstanding Balance
$139,914
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$205,967

Purchase Details

Closed on
May 23, 2019
Sold by
Cihak William G and Cihak Patrice U
Bought by
Hasan Syed K and Rehman Urrooj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2001
Sold by
Peters Gerret M
Bought by
Thropp Barbara A

Purchase Details

Closed on
Jan 22, 1997
Sold by
Stroud Robert M and Stroud Mary H
Bought by
Peters Gerret M Kelly Ann

Purchase Details

Closed on
Jan 14, 1997
Sold by
Stroud Robert M and Stroud Mary H
Bought by
Peters Gerret M Kelly Ann
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Hasan Syed Khader $200,000 None Available
Hasan Syed Khader $200,000 None Available
Hasan Syed K $200,000 --
Thropp Barbara A $293,800 Carl R Vahl
Thropp Barbara A $293,800 Carl R Vahl
Peters Gerret M Kelly Ann $244,750 --
Peters Gerret M Kelly Ann $244,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasan Syed Khader $160,000
Closed Hasan Syed Khader $160,000
Previous Owner Hasan Syed K $160,000
Previous Owner Hasan Syed Khader $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $200,000 -4.7% $42 / Sq Ft
05/23/2019 05/23/19 For Sale $209,900 0.0% $44 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $209,900 -8.3% $44 / Sq Ft
10/10/2018 10/10/18 Price Changed $229,000 -11.6% $48 / Sq Ft
07/26/2018 07/26/18 For Sale $259,000 -- $54 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $12,962 $205,000 $22,400 $182,600
2023 $7,718 $205,000 $22,400 $182,600
2022 $7,829 $205,000 $22,400 $182,600
2021 $8,056 $205,000 $22,400 $182,600
2020 $8,112 $205,000 $22,400 $182,600
2019 $3,978 $205,000 $22,400 $182,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1137229

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-081-0003-036-000-0000