NOT LISTED FOR SALE

426 3rd Ave Olean, NY 14760

Estimated Value: $74,345 - $99,000

3 Beds
1 Bath
1,170 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $16,000 $14 Per Sq Ft

Est. 460% increase in value since last sale

Current estimated payment $637/month

1,183 Days on Market

Highlights

  • Walk-In Pantry
  • Forced Air Cooling System
  • Shed
  • Porch
  • Living Room
  • Wall to Wall Carpet

About This Home

As of October 2016

NICE 3 BEDROOM HOME WITH NEWER WINDOWS, UPDATED KITCHEN WITH OAK CABINETS, UPDATED BATHROOM AND NEWER 200 AMP ELECTRICAL SYSTEM. INCLUDES A METAL SHED. INCLUDES A STOVE AND REFRIGERATOR. CURRENTLY HAS A LONG TERM TENANT OF 6 YEARS. PRICED BELOW ASSESMENT FOR QUICK SALE

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 04/15/2013

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 04/15/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 130 x 50

Home Design

  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Walk-In Pantry
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Dirt Driveway

Outdoor Features

  • Shed
  • Porch

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 94.050-2-33

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 133
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 193333.3300
  • List Price per Sq Ft: 24.7863
  • Nearest Cross Street: SCHOOL STREET
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 106666.67
  • Ratio Close Price By Sq Ft: 13.68
  • Ratio List Price By Acres: 193333.33
  • Ratio List Price By Sq Ft: 24.79
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1093
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 29000.00
  • Year Built Description: Existing
  • Age of Building: 143
  • Year Built: 1880
  • Directions To Property: FRONT STREET TO SCHOOL STREET, TO THIRD AVENUE.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1880

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Walk-In Pantry
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1170

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1500

Garage/Parking

  • Driveway Description: Dirt
  • Garage Description: No Garage

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
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 94.050-2-33

Tax Info

  • Total Taxes: 2322

MLS Schools

  • 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

Listed on
Apr 15, 2013
Closed on
Sep 27, 2016
Sold by
Osbourne Shawn
Bought by
Bartlett Linda M
Seller's Agent
Joseph Chamberlain
No Office Affiliation
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$39,000
Sold Price
$16,000
Premium/Discount to List
-$23,000
-58.97%
Current Estimated Value
$89,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,586
Avg. Annual Appreciation
21.84%

Purchase Details

Closed on
Jul 19, 2007
Sold by
Homesales Inc
Bought by
Osbourne Shawn

Purchase Details

Closed on
Mar 29, 2007
Sold by
Gassman Brandon
Bought by
Homesales Inc

Purchase Details

Closed on
Dec 7, 2004
Sold by
Gassman Brandon
Bought by
Gassman Brandon

Purchase Details

Closed on
Apr 9, 2003
Sold by
Monroe Geraldine L
Bought by
Gassman Grandon M
Source: Public Records

Range of Values:

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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
Bartlett Linda M $16,000 Daria L. Pratcher
Osbourne Shawn $27,000 Karen Perrigo
Homesales Inc $25,075 Steven J Baum Pc
Gassman Brandon -- --
Gassman Grandon M $29,000 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gassman Brandon M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $16,000 -59.0% $14 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
04/15/2013 04/15/13 For Sale $39,000 -- $33 / 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 $1,718 $45,500 $5,100 $40,400
2023 $1,713 $45,500 $5,100 $40,400
2022 $1,738 $45,500 $5,100 $40,400
2021 $1,788 $45,500 $5,100 $40,400
2020 $1,800 $45,500 $5,100 $40,400
2019 $683 $45,500 $5,100 $40,400
2018 $2,454 $45,500 $5,100 $40,400
2017 $1,844 $45,500 $5,100 $40,400
2016 $3,858 $45,500 $5,100 $40,400
2015 -- $45,500 $5,100 $40,400
2014 -- $45,500 $5,100 $40,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B427442

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0002-033-000-0000