NOT LISTED FOR SALE

407 Alder St Olean, NY 14760

Estimated Value: $73,000 - $102,000

2 Beds
1 Bath
960 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $30,000 $31 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $586/month

64 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 1-Story Property
  • Eat-In Kitchen
  • Rectangular Lot

About This Home

As of December 2016

City of Olean property sitting on almost two acres. This house is unfinished. There are plywood floors and drywall. The appliances are all new and included. The kitchen is finished except for flooring. The bathrooms needs to be finished. Call today for more details and a showing.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 09/01/2016

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.82 Acre Lot
  • Lot Dimensions are 310 x 218
  • Rectangular Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Dirt Driveway

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-058-0006-038-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Age: 10
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 39900
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 310
  • Lot Dimension Front: 218
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 26923.0769
  • List Price per Sq Ft: 51.0416
  • Nearest Cross Street: Spring Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 16483.52
  • Ratio Close Price By Sq Ft: 31.25
  • Ratio List Price By Acres: 26923.08
  • Ratio List Price By Sq Ft: 51.04
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1023
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 49000.00
  • Year Built Description: Existing
  • Age of Building: 16
  • Year Built: 2006
  • Directions To Property: Turn south off of Spring Street onto Alder Street. Home is on right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-1st Floor
  • Basement Description: Crawl Space
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Electric, Range Hood-Exhaust Fan, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 4
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 960

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 1.8200

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

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

Lot Info

  • Parcel Number: 041200-094-058-0006-038-000-0000

Tax Info

  • Total Taxes: 2142

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
Sep 1, 2016
Closed on
Dec 28, 2016
Sold by
Genesis House Of Olean Inc
Bought by
Shaw Theodore
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Yvette Jordan
No Office Affiliation
List Price
$49,000
Sold Price
$30,000
Premium/Discount to List
-$19,000
-38.78%
Total Days on Market
64
Current Estimated Value
$89,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,174
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
May 21, 2013
Sold by
Mt Zion Christian Assembly
Bought by
Genesis House Of Olean I Inc

Range of Values:

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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
Shaw Theodore $30,000 Hogan Willig
Genesis House Of Olean I Inc $19,000 Gregory E. Shemeld
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $30,000 -38.8% $31 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $49,000 -- $51 / 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 $3,048 $48,000 $19,900 $28,100
2023 $1,807 $48,000 $19,900 $28,100
2022 $1,833 $48,000 $19,900 $28,100
2021 $1,886 $48,000 $19,900 $28,100
2020 $1,899 $48,000 $19,900 $28,100
2019 $720 $48,000 $19,900 $28,100
2018 $2,469 $48,000 $19,900 $28,100
2017 $1,617 $39,900 $19,900 $20,000
2016 $0 $39,900 $19,900 $20,000
2015 -- $39,900 $19,900 $20,000
2014 -- $39,900 $19,900 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B508069

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-058-0006-038-000-0000