NOT LISTED FOR SALE

435 Madison Ave Olean, NY 14760

Estimated Value: $539,316 - $562,000

3 Beds
3 Baths
4,999 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2021

Last sale price $650,000 $130 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,295 / mo

151 Days on Market

Highlights

  • On Golf Course
  • Indoor Spa
  • 0.67 Acre Lot
  • Heated Driveway
  • Built-In Refrigerator
  • Deck

About This Home

As of May 2021

Proudly presenting the Magnano Estate | Spectacular | Extraordinary | Exquisite | Prestigious | ALL apply to this ONE OF A KIND Pristine Contemporary home overlooking the quaint City of Olean | Perched on the 15th Green of the Bartlett Country Club offering breathtaking views of the Southern Tier | A true Sanctuary with Unparalleled Craftsmanship in every Room | Incredible Grand Mahogany Staircase with Brass Railings | Custom Marble wall double sided fireplace is featured in the Master Bedroom and on the opposite side in the 2nd Floor Living Room is Granite | Luxurious Flooring throughout with Radiant in floor Heat | Master Suite w/Custom His & Her Closets, Spa like Bathroom and never ending views | In Home Elevator | Stamped Concrete Driveway featuring Radiant Heat | Full House Permanent Generator | Spacious Heated Garage and FANTASTIC Lower Level for storage and recreational space | Extraordinary location with a short drive to Holiday Valley, Seneca Allegany Resort & Casino, Cuba Lake and St. Bonaventure University

Last Agent to Sell the Property

Danielle Gruttadaurio

Listing by NextHome Endeavor License #40GR1160369 Listed on: 10/01/2020

NextHome Endeavor

Last Buyer's Agent

Danielle Gruttadaurio

Listing by NextHome Endeavor License #40GR1160369 Listed on: 10/01/2020

NextHome Endeavor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,176

Year Built

  • Built in 1993

Lot Details

  • 29,250 Sq Ft Lot
  • Lot Dimensions are 150x195
  • On Golf Course
  • Rectangular Lot
  • Wooded Lot

Parking

  • 5 Car Attached Garage
  • Running Water Available in Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener
  • Heated Driveway

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,999 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Skylights
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Indoor Spa
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Programmable Thermostat
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 041200-094-042-0001-015-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,176

Year Built

Built in 1993

Lot Details

0.67 Acres

Parking

5

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1993
  • ResoLaundryFeatures: Upper Level
  • Lot Features: On Golf Course, Rectangular, Rectangular Lot, Wooded
  • Directions: FROM North Union St @ Main St: Main St NORTH to Madison Ave, 435 is at the top of hill.
  • Architectural Style: Contemporary
  • Flooring: Carpet, Marble, Other, See Remarks, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Central Vacuum, Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Home Office, Hot Tub/Spa, Kitchen Island, Kitchen/Family Room Combo, Pantry, Skylights, Bath in Primary Bedroom, Programmable Thermostat
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Trash Compactor, Washer
  • Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.6715
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco, Copper Plumbing
  • Exterior Features: Balcony, Deck, Heated Driveway, Patio, Stamped Concrete Driveway
  • Foundation Details: Poured
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Electricity, Garage, Heated Garage, Workshop in Garage, Water Available, Driveway, Garage Door Opener, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air, Radiant
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-042-0001-015-000-0000
  • Lot Dimensions: 150X195
  • Lot Size Sq Ft: 29250.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22176.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Apr 28, 2021
Sold by
Magnano Patricia A Est
Bought by
M M Properties Olean Llc
Seller's Agent
Danielle Gruttadaurio
NextHome Endeavor
Buyer's Agent
Danielle Gruttadaurio
NextHome Endeavor
List Price
$925,000
Sold Price
$650,000
Premium/Discount to List
-$275,000
-29.73%
Current Estimated Value
$550,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,561
Avg. Annual Appreciation
-3.26%
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
M M Properties Olean Llc $695,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $650,000 -29.7% $130 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
10/01/2020 10/01/20 For Sale $925,000 -- $185 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $16,309 $425,000 $32,800 $392,200
2024 $26,872 $425,000 $32,800 $392,200
2023 $16,000 $425,000 $32,800 $392,200
2022 $16,231 $425,000 $32,800 $392,200
2021 $16,701 $425,000 $32,800 $392,200
2020 $16,751 $425,000 $32,800 $392,200
2019 $5,432 $425,000 $32,800 $392,200
2018 $21,922 $425,000 $32,800 $392,200
2017 $17,155 $425,000 $32,800 $392,200
2016 $16,969 $425,000 $32,800 $392,200
2015 -- $425,000 $32,800 $392,200
2014 -- $425,000 $32,800 $392,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1298329

Upstate New York Real Estate Information Services (UNYREIS)

APN: 041200-094-042-0001-015-000-0000

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