NOT LISTED FOR SALE

406 N 8th St Olean, NY 14760

Estimated Value: $106,909 - $127,000

3 Beds
1 Bath
1,380 Sq Ft
$88/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $83,000 $60 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $793/month

26 Days on Market

Highlights

  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Wall to Wall Carpet
  • Porch
  • Forced Air Cooling System

About This Home

As of May 2021

If you are looking for a turn key home, this is the home for you! This warm and cozy 3 bedroom, 1 full bath home in the city feels like home from the moment you walk through the door! Huge living area which is opened up to dining area and kitchen, with added on Kitchen nook. Blown in insulation, newer panel box. Remodeled bathroom, bedrooms. All new windows throughout. New baseboard and moldings. Master bedroom with large walk in closet. Fresh paint through out.New flooring and carpeting whole house. Smart lighting system in living area. Ring security system. Vinyl siding. Large backyard with 1 car garage.

Last Listed By

Karen Callahan

Listing by RE/MAX On Point License #10401294365 Listed on: 02/10/2021

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1922

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 128 x 50

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 041200-094-056-0005-019-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Year Built

Built in 1922

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 53500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 19
  • Nearest Cross Street: Reed St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 565010.21
  • Ratio Close Price By Sq Ft: 60.14
  • Ratio List Price By Acres: 611980.94
  • Ratio List Price By Sq Ft: 65.14
  • Regional Board Code: Buffalo
  • School Tax: 1408
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6400
  • Age of Building: 101
  • Year Built: 1922
  • Above Grade Finished Sq Ft: 1380
  • Directions To Property: Wayne St, turn onto N 8th
  • Sq Ft Total Pub: 1380
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-Basement, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1380

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1469

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-056-0005-019-000-0000

Tax Info

  • Total Taxes: 2949

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
Pentiboina Harika
Bought by
Kayes Melissam
Total Days on Market
26
Current Estimated Value
$121,227

Purchase Details

Listed on
Sep 30, 2019
Closed on
Feb 3, 2020
Sold by
Volz Zachary P
Bought by
Pentiboina Harika
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$61,750
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2011
Sold by
Treaster Walter
Bought by
Volz Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,700
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Parr Daniel R
Bought by
Treaster Walter E

Range of Values:

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Average Value
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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
Kayes Melissam $83,000 None Available
Pentiboina Harika $65,000 None Available
Volz Zachary $66,000 Daniel Palumbo
Treaster Walter E $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Volz Zachary P $61,000
Previous Owner Volz Zachary $62,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $83,000 -7.7% $60 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $89,900 +38.3% $65 / Sq Ft
02/05/2020 02/05/20 Sold $65,000 -13.2% $47 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $74,900 -- $54 / 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 $4,254 $67,000 $4,200 $62,800
2023 $2,522 $67,000 $4,200 $62,800
2022 $2,559 $67,000 $4,200 $62,800
2021 $2,633 $67,000 $4,200 $62,800
2020 $2,953 $53,500 $4,200 $49,300
2019 $803 $53,500 $4,200 $49,300
2018 $2,245 $53,500 $4,200 $49,300
2017 $1,492 $53,500 $4,200 $49,300
2016 $3,086 $53,500 $4,200 $49,300
2015 -- $53,500 $4,200 $49,300
2014 -- $53,500 $4,200 $49,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1318651

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0005-019-000-0000