NOT LISTED FOR SALE

411 5th Ave Olean, NY 14760

Estimated Value: $108,000 - $185,000

2 Beds
1 Bath
840 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $53,580 $64 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,186/month

35 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property
  • Full Attic
  • Baseboard Heating

About This Home

As of February 2018

This home is located at 411 5th Ave, Olean, NY 14760 since 02 November 2017 and is currently estimated at $148,994, approximately $177 per square foot. This property was built in 1950. 411 5th Ave is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Last Listed By

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519 Listed on: 11/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1950

Lot Details

  • 8,659 Sq Ft Lot
  • Lot Dimensions are 130 x 66

Parking

  • No Garage

Home Design

  • Block Foundation

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Full Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 041200-094-050-0003-056-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,925

Year Built

Built in 1950

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 54000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Number: 56
  • Nearest Cross Street: Center Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 269517.10
  • Ratio Close Price By Sq Ft: 63.79
  • Ratio List Price By Acres: 321931.59
  • Ratio List Price By Sq Ft: 76.19
  • Regional Board Code: Rochester
  • School Tax: 1410
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8659
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: Center Street to 5th Ave. House is on the left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-Basement
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Refrigerator
  • 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: 840

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1988

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-050-0003-056-000-0000

Tax Info

  • Total Taxes: 2925

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Spence Christopher A
Bought by
Bartholomew Robert J
Total Days on Market
35
Current Estimated Value
$148,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$115,720
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$17,948

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 26, 2018
Sold by
Darlene E Mcgiveron Trust
Bought by
Spence Christopher A
Seller's Agent
Karen Redding
Real Estate Pros & More
Buyer's Agent
Regis Handley
Howard Hanna Professionals
List Price
$64,000
Sold Price
$53,580
Premium/Discount to List
-$10,420
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$42,800
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2014
Sold by
Mcgiveron Darlene
Bought by
Darlene E Mcgiveron Trust

Range of Values:

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Average Value
Not Available
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
Bartholomew Robert J $155,000 None Available
Spence Christopher A $53,580 None Available
Spence Christopher A $53,580 None Available
Darlene E Mcgiveron Trust -- Gant Redmon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartholomew Robert J $120,000
Previous Owner Spence Christopher A $42,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $53,580 -16.3% $64 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $64,000 -- $76 / 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 $4,317 $68,000 $6,000 $62,000
2023 $2,560 $68,000 $6,000 $62,000
2022 $2,597 $68,000 $6,000 $62,000
2021 $2,672 $68,000 $6,000 $62,000
2020 $2,625 $68,000 $6,000 $62,000
2019 $891 $63,000 $6,000 $57,000
2018 $4,436 $54,000 $6,000 $48,000
2017 $2,189 $54,000 $6,000 $48,000
2016 $2,165 $54,000 $6,000 $48,000
2015 -- $54,000 $6,000 $48,000
2014 -- $54,000 $6,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1085129

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0003-056-000-0000