NOT LISTED FOR SALE

407 Genesee St Olean, NY 14760

Estimated Value: $132,000 - $187,000

4 Beds
2.5 Baths
1,916 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $89,690 $47 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,043/month

16 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Full Attic
  • Deck
  • Old Style Architecture
  • Home Office

About This Home

As of April 2021

Built in 1908 this farm house brings out character and old world charm. So much potential can be seen when entering this home. First floor hosts a living room area with dining room combo. Large eat in kitchen with wood burning fireplace. Off the kitchen is the perfect sized laundry area for the washer and dryer hookups. Need an office or a bedroom on the first. Turn the family room area and extra room into what fits your needs. What was an office could be converted to a master suite area with a large bedroom and door that leads to an outdoor deck. Office could be converted to a bathroom and walk in closet. Like the space as it is then what a great family room area with a Tran heater/cooling unit. French doors that lead to the office space or play room. So many possibilities. Upstairs has 3 spacious rooms. One is used as the master with master bath. Second bathroom upstairs is roomy and with some upgrades could be a spectacular bath with storage areas. This home sits on a double lot that boasts beautiful rhododendrons and hydrangeas in the spring with lots of mature trees. Great two story outbuilding that could house some chickens or use as a workshop.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 12/31/2020

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 1908

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 150 x 115

Parking

  • No Garage

Home Design

  • Old Style Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Full Attic
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Farming

  • Barn

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 041200-094-042-0004-058-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,868

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 89200
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 115
  • Lot Information: Neighborhood Street
  • Lot Number: 58
  • Nearest Cross Street: 3rd Ave
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 268532.93
  • Ratio Close Price By Sq Ft: 46.81
  • Ratio List Price By Acres: 269161.68
  • Ratio List Price By Sq Ft: 46.92
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 2359
  • Styles of Residence: Farmhouse, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 14550
  • Age of Building: 114
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 1916
  • Directions To Property: Main street to Genesee Street. House will be on the left.
  • Sq Ft Total Pub: 1916
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1908

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Family Room, Laundry-1st Floor, Living Room, Office, Porch - Open
  • Attic Description: Full
  • Basement Description: Crawl Space, Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In, Living/Dining Combo
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1916

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Deck
  • Number of Acres: 0.3340

Garage/Parking

  • Driveway Description: Concrete, Double Wide
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: AC Unit-Wall, Baseboard, Hot Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-042-0004-058-000-0000

Tax Info

  • Total Taxes: 4868

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Mar 25, 2021
Sold by
Simpson Richard
Bought by
Wyatt-Brack Carlouis and Brack Sarah A
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$89,900
Sold Price
$89,690
Premium/Discount to List
-$210
-0.23%
Total Days on Market
16
Current Estimated Value
$159,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,746
Avg. Annual Appreciation
18.20%

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
Wyatt-Brack Carlouis $90,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $89,690 -0.2% $47 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $89,900 -- $47 / 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 $5,663 $89,200 $21,700 $67,500
2023 $3,358 $89,200 $21,700 $67,500
2022 $3,407 $89,200 $21,700 $67,500
2021 $3,505 $89,200 $21,700 $67,500
2020 $3,530 $89,200 $21,700 $67,500
2019 $1,339 $89,200 $21,700 $67,500
2018 $4,170 $89,200 $21,700 $67,500
2017 $2,940 $89,200 $21,700 $67,500
2016 $2,882 $89,200 $21,700 $67,500
2015 -- $89,200 $21,700 $67,500
2014 -- $89,200 $21,700 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1313268

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-042-0004-058-000-0000