$75,000
SOLD SEP 27, 2023

419 5th Ave Olean, NY 14760

3 Beds
1 Bath
960 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

16% Below List Price

107 Days on Market

Highlights

  • Finished Attic
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Full Attic
  • Enclosed patio or porch
  • Forced Air Cooling System

About This Home

As of October 2024

Charming Home on a Quiet Dead End Street! This lovey 3-bedroom, 1-bathroom house is located on a peaceful dead-end street in Olean. The house features a new heating system, updated electric, plumbing, a new kitchen and bathroom, new flooring, and a fresh coat of paint. One of the standout features of this property is the large backyard, which provides plenty of space for outdoor activities and gardening. You'll love spending time in the beautiful, peaceful setting! Don't miss out on this chance to make this beautiful house your new home.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 04/29/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Tina Perkins

Listing by Premier Listings Real Estate License #10401371041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1895

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 130 x 50

Home Design

  • Block Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on upper level

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Full Attic
  • Finished Attic

Parking

  • 1 Car Detached Garage
  • Dirt Driveway

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 041200-094-050-0003-054-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,530

Year Built

Built in 1895

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 28000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 54
  • Nearest Cross Street: School St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 502680.97
  • Ratio Close Price By Sq Ft: 78.13
  • Ratio List Price By Acres: 529490.62
  • Ratio List Price By Sq Ft: 82.29
  • Regional Board Code: Rochester
  • School Tax: 738
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6500
  • Age of Building: 128
  • Year Built: 1895
  • Above Grade Finished Sq Ft: 960
  • Directions To Property: Front St to School St, School St to Fifth Ave
  • Sq Ft Total Pub: 960
  • Attribution Contact: 716-307-9256
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1895

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-2nd Floor, Porch - Enclosed
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 2
  • Number of Bedrooms 3rd Floor: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 960

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1492

Garage/Parking

  • Driveway Description: Dirt
  • 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: 041200-094-050-0003-054-000-0000

Tax Info

  • Total Taxes: 1530

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 21, 2024
Sold by
Jamcan Investments Inc
Bought by
Anderson Adam
Seller's Agent
Tina Perkins
RE/MAX On Point
Buyer's Agent
Christine Calbi
Premier Listings Real Estate
List Price
$92,000
Sold Price
$79,000
Premium/Discount to List
-$13,000
-14.13%
Views
16
Current Estimated Value
$82,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,070
Avg. Annual Appreciation
4.00%
Original Mortgage
$76,000
Outstanding Balance
$75,570
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,882

Purchase Details

Listed on
Apr 29, 2023
Closed on
Sep 18, 2023
Sold by
Ramadhan Jalala
Bought by
Jamcan Investments Inc
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Tina Perkins
Premier Listings Real Estate
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Aug 18, 2020
Sold by
Goldsmith David
Bought by
Rahadhan Jalala

Purchase Details

Closed on
Jun 27, 2006
Sold by
County Of Cattaraugus
Bought by
Goldsmith David

Purchase Details

Closed on
Feb 28, 2006
Sold by
Gilbert Art
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Aug 13, 1999
Sold by
Estate Bentley Mary H
Bought by
Gilbert Art H
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $79,000 None Available
Warranty Deed $71,500 None Available
Warranty Deed $71,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $13,500 --
Deed -- --
Deed $15,000 Daniel R Palumbo
Deed $15,000 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $79,000 -14.1% $82 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $92,000 +22.7% $96 / Sq Ft
09/27/2023 09/27/23 Sold $75,000 -5.1% $78 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $79,000 -11.2% $82 / Sq Ft
06/20/2023 06/20/23 For Sale $89,000 0.0% $93 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $89,000 -10.1% $93 / Sq Ft
04/29/2023 04/29/23 For Sale $99,000 -- $103 / 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 $1,504 $45,000 $5,100 $39,900
2023 $1,054 $28,000 $5,100 $22,900
2022 $1,069 $28,000 $5,100 $22,900
2021 $1,100 $28,000 $5,100 $22,900
2020 $2,985 $28,000 $5,100 $22,900
2019 $955 $28,000 $5,100 $22,900
2018 $3,845 $28,000 $5,100 $22,900
2017 $2,920 $28,000 $5,100 $22,900
2016 $2,861 $28,000 $5,100 $22,900
2015 -- $28,000 $5,100 $22,900
2014 -- $28,000 $5,100 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1467859

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0003-054-000-0000