NOT LISTED FOR SALE

423 2nd Ave Olean, NY 14760

Estimated Value: $106,000 - $126,541

4 Beds
1.5 Baths
1,960 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $19,000 $10 Per Sq Ft

Est. 528% increase in value since last sale

Current estimated payment $821/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Shed
  • Country Kitchen

About This Home

As of August 2017

Four bedroom one and a half bath home. Neighborhood street, close to amenities.

Last Agent to Sell the Property

Amanda Kubic

Listing by Kyser Realty Inc. License #10401274339 Listed on: 06/21/2017

Last Buyer's Agent

Non MLS

Listing by Non MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

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

Home Design

  • Traditional Architecture
  • Old Style Architecture
  • Frame Construction

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • No Garage
  • Dirt Driveway

Outdoor Features

  • Shed
  • Porch

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 62
  • Assessor Parcel Number 041200-094-050-0002-062-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 59000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 62
  • Nearest Cross Street: Front st
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 127345.84
  • Ratio Close Price By Sq Ft: 9.69
  • Ratio List Price By Acres: 106568.36
  • Ratio List Price By Sq Ft: 8.11
  • Regional Board Code: Buffalo
  • School Tax: 1541
  • Styles of Residence: 2 Story, Old Style, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 6500
  • Age of Building: 127
  • Year Built: 1895
  • Directions To Property: 2nd Ave
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1895

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Kitchen Dining Description: Country Kitchen
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1960

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.1492

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

Utilities

  • Sewer Description: Sewer Available

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-050-0002-062-000-0000

Tax Info

  • Total Taxes: 3217

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 7, 2017
Sold by
Wells Fargo Bank Na
Bought by
Herrmann Robert V
Seller's Agent
Amanda Kubic
Kyser Realty Inc.
Buyer's Agent
Non MLS
Non MLS
List Price
$15,900
Sold Price
$19,000
Premium/Discount to List
$3,100
19.5%
Current Estimated Value
$119,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,385
Avg. Annual Appreciation
26.51%

Purchase Details

Closed on
Jun 29, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 10, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Oct 14, 2014
Sold by
Bulson Esq. Referee Raymond W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 15, 2005
Sold by
Reynolds Jerry
Bought by
Lyons Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,420
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Herrmann Robert V -- Gregory Shemeld
Wells Fargo Bank Na -- Kozeny,Mccubbin & Katz
Secretary Of Housing And Urban Development -- Llp Kozeny, Mccubbin & Katz
Wells Fargo Bank Na $46,200 Llp Kozeny, Mccubbin & Katz,
Lyons Jason $73,000 Daniel Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyons Jason $72,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $19,000 +19.5% $10 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $15,900 -- $8 / 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 $2,285 $61,200 $5,100 $56,100
2023 $2,221 $59,000 $5,100 $53,900
2022 $2,253 $59,000 $5,100 $53,900
2021 $2,318 $59,000 $5,100 $53,900
2020 $2,335 $59,000 $5,100 $53,900
2019 $886 $59,000 $5,100 $53,900
2018 $3,212 $59,000 $5,100 $53,900
2017 $2,391 $59,000 $5,100 $53,900
2016 $2,365 $59,000 $5,100 $53,900
2015 -- $59,000 $5,100 $53,900
2014 -- $59,000 $5,100 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1057662

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0002-062-000-0000