NOT LISTED FOR SALE

431 Prospect Ave Olean, NY 14760

Estimated Value: $139,000 - $161,000

3 Beds
1.5 Baths
1,440 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2022

Last sale price $125,000 $87 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,010 / mo

1 Day on Market

Highlights

  • Separate Formal Living Room
  • Quartz Countertops
  • 1 Car Detached Garage
  • Corner Lot
  • Formal Dining Room
  • Porch

About This Home

As of June 2022

Beautifully updated 3 bedroom, 1.5 bath located on a corner Lot. Tasteful new kitchen and 1/2 bath on the first floor, all new flooring, new boiler/hot water system, plumbing (including sewer pipe), tub and shower, electrical, and many more updates. Roof was new in 2017 along with all the appliances. Take a look today, this house won't last long.

Last Agent to Sell the Property

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals - Olean License #40FI1153618 Listed on: 04/01/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Heather Chase

Listing by ERA Team VP Real Estate License #10401326246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1915

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is Fully Fenced
  • Corner Lot
  • Rectangular Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 041200-094-050-0003-031-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,775

Year Built

Built in 1915

Lot Details

7,500 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1915
  • ResoLaundryFeatures: In Basement
  • Lot Features: Corner Lot, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Front Street to Prospect Avenue, house on the left on the Corner of Fifth Avenue and Prospect Avenue
  • Architectural Style: Two Story
  • Flooring: Carpet, Ceramic Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room, Pull Down Attic Stairs, Quartz Counters, Window Treatments
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.1722
  • Waterfront: No
  • Construction Type: Vinyl Siding, PEX Plumbing
  • Exterior Features: Concrete Driveway, Fully Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Available, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-050-0003-031-000-0000
  • Lot Dimensions: 50X150
  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3775.0
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 23, 2022
Sold by
Bostjanicic Bradley T
Bought by
Buchanan Jeffrey R
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
Buyer's Agent
Heather Chase
ERA Team VP Real Estate
List Price
$122,000
Sold Price
$125,000
Premium/Discount to List
$3,000
2.46%
Current Estimated Value
$147,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,808
Avg. Annual Appreciation
4.41%
Original Mortgage
$100,000
Outstanding Balance
$93,713
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$54,095

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 30, 2018
Sold by
Fowler Greg
Bought by
Bostjancic Bradley T
Seller's Agent
Maureen Batesky
No Office Affiliation
Buyer's Agent
Maureen Batesky
No Office Affiliation
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 27, 2018
Sold by
Fowler Greg
Bought by
Bostjancic Bradley T
Seller's Agent
Maureen Batesky
No Office Affiliation
Buyer's Agent
Maureen Batesky
No Office Affiliation
List Price
$89,900
Sold Price
$89,900

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 25, 2018
Sold by
Fowler Greg
Bought by
Bostjancic Bradley T
Seller's Agent
Maureen Batesky
No Office Affiliation
Buyer's Agent
Maureen Batesky
No Office Affiliation
List Price
$89,900
Sold Price
$89,900

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jun 3, 2016
Sold by
Liguori Alice
Bought by
Fowler Greg
Seller's Agent
Maureen Batesky
No Office Affiliation
Buyer's Agent
Arthur Mang
No Office Affiliation
List Price
$64,500
Sold Price
$59,000
Premium/Discount to List
-$5,500
-8.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.96%
Original Mortgage
$57,931
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1998
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Buchanan Jeffrey R $125,000 None Available
Bostjancic Bradley T $89,900 None Available
Bostjancic Bradley T $89,900 None Available
Bostjancic Bradley T -- --
Fowler Greg $59,000 Bronwyn Enders
-- -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Buchanan Jeffrey R $100,000
Previous Owner Fowler Greg $57,931
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold $125,000 +2.5% $87 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $122,000 +35.7% $85 / Sq Ft
04/27/2018 04/27/18 Sold $89,900 0.0% $62 / Sq Ft View Prior Sale
03/13/2018 03/13/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $89,900 +52.4% $62 / Sq Ft
06/06/2016 06/06/16 Sold $59,000 -8.5% $41 / Sq Ft View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $64,500 -- $45 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $2,648 $69,000 $13,800 $55,200
2024 $4,363 $69,000 $13,800 $55,200
2023 $2,598 $69,000 $13,800 $55,200
2022 $2,635 $69,000 $13,800 $55,200
2021 $2,711 $69,000 $13,800 $55,200
2020 $2,730 $69,000 $13,800 $55,200
2019 $1,036 $69,000 $13,800 $55,200
2018 $3,722 $69,000 $13,800 $55,200
2017 $2,797 $69,000 $13,800 $55,200
2016 $1,282 $69,000 $13,800 $55,200
2015 -- $69,000 $13,800 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1396875

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0003-031-000-0000

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