$65,000
SOLD FEB 5, 2020

406 N 8th St Olean, NY 14760

3 Beds
1 Bath
1,380 Sq Ft
6,400 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

13% Below List Price

35 Days on Market

Highlights

  • Breakfast Room
  • Porch
  • Living Room
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Wall to Wall Carpet

About This Home

As of May 2021

Warm, cozy and move in ready for this traditional 3 bedroom 1 full bath home in the city. From the moment you walk in you will feel like you are home. All natural woodwork. Kitchen with added breakfast nook, dining room that is open to the living room. Master bedroom with large walk in closet for plenty of storage. All new windows, upgraded panel box, blown in insulation, remodeled bathroom , new vinyl siding with gutters are some of the great upgrades done to the home. Large backyard with 1 car garage. Call for your private tour today.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867

Howard Hanna Professionals

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

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
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

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

  • Gravity Heating 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: Wayne
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 442477.88
  • Ratio Close Price By Sq Ft: 47.10
  • Ratio List Price By Acres: 509870.66
  • Ratio List Price By Sq Ft: 54.28
  • Regional Board Code: Rochester
  • School Tax: 1408
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6400
  • Age of Building: 100
  • Year Built: 1922
  • Directions To Property: Wayne to N 8th house is on the left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Breakfast Room, Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd 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: Gravity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

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
35
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

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $83,000 None Available
Deed $65,000 None Available
Deed $66,000 Daniel Palumbo
Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $61,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $62,700 Purchase Money Mortgage
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: Chautauqua-Cattaraugus Board of REALTORS®

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

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1229412

Chautauqua-Cattaraugus Board of REALTORS®

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