NOT LISTED FOR SALE

422 1st Ave Olean, NY 14760

Estimated Value: $95,000 - $137,000

3 Beds
2 Baths
1,688 Sq Ft
$71/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $58,000 $34 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $753/month

85 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Enclosed Patio or Porch
  • Old Style Architecture
  • 1.5 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of February 2018

MOTIVATED SELLER. This two-story house, three bedrooms, one and a half bathroom house is in a convenient location and is very charming. There are many options for storage including a large garage and back entry room that doubles as a first-floor laundry room. The heating system is under five years old and is ready for a central air conditioning system if you would like. Two blocks away from Olean General Hospital, right across the street from the Park N Shop, and a few blocks from downtown Olean you are very close to major amenities. Call for your private tour today!

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 09/18/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

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

Home Design

  • Old Style Architecture
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,688 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Stone Driveway
  • Shared Driveway

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 94.050-2-72

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • Nearest Cross Street: Center Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 386666.67
  • Ratio Close Price By Sq Ft: 34.36
  • Ratio List Price By Acres: 432666.67
  • Ratio List Price By Sq Ft: 38.45
  • Regional Board Code: Rochester
  • School Tax: 1657
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6500
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: From Main Street, turn onto Center St, right onto First Ave. Property is on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Enclosed, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Convection, Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Island, Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1688

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Shared, Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.5000

Utilities

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

Lot Info

  • Parcel Number: 94.050-2-72

Tax Info

  • Total Taxes: 3455

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

Closed on
Sep 23, 2020
Sold by
Mix Gordon
Bought by
Meacham Tara
Current Estimated Value
$120,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,361
Outstanding Balance
$73,641
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$46,955

Purchase Details

Listed on
Sep 18, 2017
Closed on
Feb 5, 2018
Sold by
Silluzio Maude June
Bought by
Mix Gordon A
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$43,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 18, 2017
Closed on
Feb 2, 2018
Sold by
Silluzio Maude June
Bought by
Mix Gordon A
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 18, 2017
Closed on
Jan 24, 2018
Sold by
Silluzio Maude J and Silluzio Caetano
Bought by
Miz Gordon A
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 2005
Sold by
Silluzio Angela
Bought by
Silluzio Caetano
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meacham Tara -- None Available
Mix Gordon A $58,000 None Available
Mix Gordon A $58,000 None Available
Miz Gordon A -- --
Silluzio Caetano $24,000 Robert Simon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meacham Tara $83,361
Previous Owner Mix Gordon A $43,000
Previous Owner Mix Gordon A $43,000
Previous Owner Miz Gordon A $43,000
Previous Owner Mix Gordon A $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Sold $58,000 -10.6% $34 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $64,900 -7.2% $38 / Sq Ft
09/18/2017 09/18/17 For Sale $69,900 -- $41 / 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 $3,983 $63,000 $5,100 $57,900
2023 $2,372 $63,000 $5,100 $57,900
2022 $2,406 $63,000 $5,100 $57,900
2021 $2,476 $63,000 $5,100 $57,900
2020 $2,493 $63,000 $5,100 $57,900
2019 $946 $63,000 $5,100 $57,900
2018 $3,398 $63,000 $5,100 $57,900
2017 $1,878 $63,000 $5,100 $57,900
2016 $1,832 $63,000 $5,100 $57,900
2015 -- $63,000 $5,100 $57,900
2014 -- $63,000 $5,100 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1076599

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0002-072-000-0000