$83,000
SOLD MAY 26, 2021

406 N 8th St Olean, NY 14760

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

Recently Sold

$60 Per Sq Ft

8% Below List Price

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 Agent to Sell the Property

Karen Callahan

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

RE/MAX On Point

Last Buyer's Agent

Christine Young

Listing by Howard Hanna Professionals - Olean License #40YO1152644

Howard Hanna Professionals - Olean

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
Current Estimated Value
$111,620

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 - Olean
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
10.32%

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
Source: Public Records

Similar Homes in Olean, NY

  • 508 Ho Sta Geh Rd, Olean, NY 14760

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,096 Sq Ft
    • 508 Ho Sta Geh Rd
    • Olean, NY

    If you are looking for a blank slate to truly make your own! This 3-bedroom. 1 bath house in a country setting could be the answer! This charming house has front and back porches and a balcony off the primary bedroom. It also has an oversized 2 car garage with an electric door opener and shop/storage space. The house has been gutted down to the studs and is ready for you to design your dream

    Patricia Collier RE/MAX On Point

    Section Image
  • 512 N 7th St, Olean, NY 14760

    $64,000

    • 2 Beds
    • 1.5 Baths
    • 1,248 Sq Ft
    • 512 N 7th St
    • Olean, NY

    Investment Property ck out this two bedroom home .

    John Dwaileebe Howard Hanna Professionals - Olean

    Section Image
  • 218 N 12th St, Olean, NY 14760

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,344 Sq Ft
    • 218 N 12th St
    • Olean, NY

    Step into timeless charm with this well-maintained three-bedroom, one-and-a-half bath home in West Olean. Showcasing stunning original chestnut woodwork throughout, this home blends classic character with thoughtful updates. The first floor features a convenient half bath, a spacious living room, and a formal dining room—perfect for hosting family and friends.Enjoy outdoor living in the fully

    Paul Pezzimenti Howard Hanna Professionals - Olean

    Section Image
  • 135 N 12th St, Olean, NY 14760

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • 135 N 12th St
    • Olean, NY

    Discover this fantastic opportunity on a convenient neighborhood street! This inviting 3-bedroom home offers all bedrooms on the second floor, a full bath conveniently located on the first floor, and a 2-car detached garage with a concrete driveway plus an extra drive close to the house. Nestled on a generous 1/3-acre double lot, this property provides plenty of outdoor space for gardening, play,

    Ken Bailey Real Estate Pros & More

    Section Image
  • 114 S 10th St, Olean, NY 14760

    $64,000

    • 1 Bed
    • 1 Bath
    • 728 Sq Ft
    • 114 S 10th St
    • Olean, NY

    "Little Living, Big Charm." This cozy home is perfect for 1 or 2 people. Beautiful woodwork and cabinetry in the kitchen. It is also the perfect place to use as an office, which is what the current owner has been using it for. It has vinyl siding and a very nice fenced in back yard.

    Karen Callahan RE/MAX On Point

    Section Image
  • 942 N 4th St, Olean, NY 14760

    $69,900

    • 2 Beds
    • 1.5 Baths
    • 876 Sq Ft
    • 942 N 4th St
    • Olean, NY

    This delightful 2 bedroom, 1.5 bath, residence is ideally located within walking distance of downtown Olean, while offering the tranquility of a quiet neighborhood. It presents an excellent opportunity for use as a primary residence for first-time homebuyers or as a promising investment property. Step into the spacious kitchen, featuring ample cupboard and counter space, complemented by a stylish

    Timothy Ulinger eXp Realty

    Section Image
  • 138 S 3rd St, Olean, NY 14760

    $99,900

    • 3 Beds
    • 1.5 Baths
    • 1,692 Sq Ft
    • 138 S 3rd St
    • Olean, NY

    Welcome to this charming and spacious 3-bedroom, 1.5-bath home just minutes from downtown! Bursting with character, you'll find beautiful natural woodwork throughout, gleaming hardwood floors, and a warm, inviting atmosphere. The formal dining room is perfect for gatherings, and the cedar closet adds a touch of luxury to everyday living. Relax with your morning coffee on the cozy front porch, and

    Paul Pezzimenti Howard Hanna Professionals - Olean

    Section Image
  • 218 S 5th St, Olean, NY 14760

    $66,900

    • 4 Beds
    • 2 Baths
    • 2,050 Sq Ft
    • 218 S 5th St
    • Olean, NY

    4 bedroom 2 bathroom home located in Olean NY. This is a fully functioning home at a great price! High ceilings, Open porch and an eclosed sunroom. With some cosmetic repairs and some TLC this home will be beautiful. This home is over 2,000 square feet, off street parking and a shed. Centrally located in the city of Olean. This home is priced right.

    James Dwaileebe 3D Real Estate LLC

    Section Image
  • 1011 Irving St, Olean, NY 14760

    $104,900

    • 4 Beds
    • 1 Bath
    • 1,332 Sq Ft
    • 1011 Irving St
    • Olean, NY

    This 4 bedroom 1 bath home features a formal dining room, living room, full basement, open side porch and an enclosed back porch. Updates include new kitchen cabinets & counter tops, interior paint, floor covering, new drywall in bedrooms, kitchen, stairway and some ceilings.

    Kurt Wossner World United Realty Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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: 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 $2,530 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

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