NOT LISTED FOR SALE

409 Madison Ave Olean, NY 14760

Estimated Value: $189,000 - $285,168

6 Beds
3 Baths
2,296 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $149,900 $65 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,672/month

2 Days on Market

Highlights

  • 0.65 Acre Lot
  • Balcony
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Shed

About This Home

As of January 2019

Beautiful Contemporary home in the nicest neighborhood in Olean. This 2,300 square foot home has 5 bedrooms, 2.5 baths and is located on a 3/4 acre lot. This home was completely remodeled by current owner and is ready for your family. A wonderful balcony off living room for a beautiful view of the hills and city. Large deck off kitchen for wonderful private view of woods and the yard as your kids play. A finished full basement with rec room, extra bedroom and fireplace. Large hand made shed with concrete floor. Best value in Olean!!!!! wont last!

Last Agent to Sell the Property

James Dwaileebe

Listing by 3D Real Estate LLC License #10491206584 Listed on: 12/03/2018

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 189 x 150

Parking

  • No Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,296 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Balcony
  • Shed
  • Play Equipment
  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 041200-094-042-0001-020-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Accessibility: No Step Entry
  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 160000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 189
  • Lot Dimension Front: 150
  • Lot Information: Neighborhood Street
  • Lot Number: 20
  • Nearest Cross Street: Main St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 230331.90
  • Ratio Close Price By Sq Ft: 65.29
  • Ratio List Price By Acres: 227412.42
  • Ratio List Price By Sq Ft: 64.46
  • Regional Board Code: Buffalo
  • School Tax: 4078
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 28350
  • Age of Building: 54
  • Year Built: 1968
  • Directions To Property: From Main St turn up Madison Ave, Home at top of hill
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1968

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: Basement / Rec Room, Foyer/Entry Hall, Laundry-2nd Floor, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Finished, Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Negotiable
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms 3rd Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 3rd Floor Full Bathrooms: 1
  • Number of Rooms: 12
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2296

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Balcony, Playset / Swingset
  • Number of Acres: 0.6508

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Lot Info

  • Parcel Number: 041200-094-042-0001-020-000-0000

Tax Info

  • Total Taxes: 8544

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
Jan 7, 2019
Sold by
Smith Bryan C
Bought by
Evingham Scott E
Seller's Agent
James Dwaileebe
3D Real Estate LLC
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$148,000
Sold Price
$149,900
Premium/Discount to List
$1,900
1.28%
Current Estimated Value
$268,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,106
Avg. Annual Appreciation
7.53%
Original Mortgage
$118,000
Outstanding Balance
$75,571
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$173,221

Purchase Details

Listed on
Dec 3, 2018
Closed on
Dec 5, 2018
Sold by
Smith Bryan C and Smith Barbara A
Bought by
Evingham Scott E and Carter Danielle L
Seller's Agent
James Dwaileebe
3D Real Estate LLC
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$148,000
Sold Price
$149,900
Premium/Discount to List
$1,900
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Outstanding Balance
$75,571
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$173,221

Purchase Details

Closed on
Aug 21, 2003
Sold by
Puller Scott
Bought by
Smith Bryan

Purchase Details

Closed on
Dec 3, 1999
Sold by
Gunther Albert F
Bought by
Puller Scott I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Evingham Scott E $148,000 None Available
Evingham Scott E $148,000 None Available
Evingham Scott E -- --
Smith Bryan $80,000 Nicholas Dicerbo
Puller Scott I $79,500 Nicholas A Di Cerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evingham Scott E $118,000
Closed Evingham Scott E $118,000
Closed Evingham Scott E $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $149,900 +1.3% $65 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $148,000 -- $64 / 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 $11,065 $175,000 $32,300 $142,700
2023 $6,588 $175,000 $32,300 $142,700
2022 $6,683 $175,000 $32,300 $142,700
2021 $6,877 $175,000 $32,300 $142,700
2020 $6,331 $160,000 $32,300 $127,700
2019 $2,402 $160,000 $32,300 $127,700
2018 $9,612 $160,000 $32,300 $127,700
2017 $6,485 $160,000 $32,300 $127,700
2016 $7,738 $193,000 $32,300 $160,700
2015 -- $193,000 $32,300 $160,700
2014 -- $193,000 $32,300 $160,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1162749

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-042-0001-020-000-0000