Seller's Agent in 2016
Todd VanDyke
RE/MAX
(716) 373-7325
6 in this area
35 Total Sales
Estimated Value: $144,000 - $200,707
4
Beds
2.5
Baths
2,213
Sq Ft
$72/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- 3 Car Attached Garage
- Cathedral Ceiling
- Bonus Room
- 3-minute walk to Joseph Magnano Park
About This Home
As of November 2016Built like a fortress and feels like a castle, this home in Olean will impress. The home is in need of rehab but the opportunity is incredible to purchase at this price! Four bedrooms and two and a half baths. Solid concrete and stone construction. Huge concrete patio over a three car attached garage with easy entrance to the home. Two story foyer with a spiraling stairwell to the upstairs. Spiraling stairwell to the basement and garage. Large open living room with a full dining room area provides plenty of space to entertain! Character in this home is endless for the right buyer who sees the potential to rehab. Buy now and return this home to the elegance it once was! Shown by appointment only. Taxes reflected in listing are for an assessment of 167000.00.
Last Agent to Sell the Property
Listing by RE/MAX On Point License #10491212754 Listed on: 10/06/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1936
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 146 x 82
Home Design
- Colonial Architecture
- Block Foundation
Interior Spaces
- 2,213 Sq Ft Home
- 2-Story Property
- Woodwork
- Cathedral Ceiling
- Two Story Entrance Foyer
- Family Room
- Living Room
- Bonus Room
- Unfinished Attic
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Cedar Closet
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Shared Driveway
Outdoor Features
- Patio
Schools
- Olean Middle School
- Olean Senior High School
Utilities
- Forced Air Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 041200-094-081-0002-074-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2016
Closed on
Nov 21, 2016
Sold by
Association Federal National Mortgage
Bought by
Anderson Jess
Seller's Agent
Todd VanDyke
RE/MAX On Point
Buyer's Agent
Kelly Ralston
KLM Appraisal Services
List Price
$55,000
Sold Price
$70,300
Premium/Discount to List
$15,300
27.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,147
Avg. Annual Appreciation
9.41%
Purchase Details
Closed on
Jun 27, 2016
Sold by
Vargeson Richard
Bought by
Mortgage Association Federal National
Purchase Details
Closed on
Nov 15, 2007
Sold by
Hanchette John
Bought by
Vargeson Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 4, 2002
Sold by
Stroud Robert M
Bought by
Hanchetta John M and Hanchetta Joan M
Purchase Details
Closed on
Sep 21, 1998
Sold by
Antonini Willaim H and Antonini Paula C
Bought by
Stroud Robert M
Purchase Details
Closed on
Sep 14, 1998
Sold by
Antonini Willaim H and Antonini Paula C
Bought by
Stroud Robert M
Purchase Details
Closed on
Jun 30, 1995
Sold by
Cahill Matthew T and Cahill Linda A
Bought by
Antonini William H and Antonini Paula C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anderson Jess | $70,300 | Mike Morgan | |
| Mortgage Association Federal National | $500 | Fein Such & Crane, Llp | |
| Vargeson Richard | $150,000 | Daniel Palumbo | |
| Hanchetta John M | $194,000 | Daniel R Palumbo | |
| Hanchetta John M | $194,000 | Daniel R Palumbo | |
| Stroud Robert M | $170,000 | -- | |
| Stroud Robert M | $170,000 | -- | |
| Antonini William H | $164,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vargeson Richard | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2016 11/25/16 | Sold | $70,300 | +27.8% | $32 / Sq Ft |
| 10/18/2016 10/18/16 | Pending | -- | -- | -- |
| 10/06/2016 10/06/16 | For Sale | $55,000 | -- | $25 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
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 | $4,451 | $70,400 | $19,700 | $50,700 |
| 2023 | $2,650 | $70,400 | $19,700 | $50,700 |
| 2022 | $2,689 | $70,400 | $19,700 | $50,700 |
| 2021 | $2,766 | $70,400 | $19,700 | $50,700 |
| 2020 | $2,786 | $70,400 | $19,700 | $50,700 |
| 2019 | $1,057 | $70,400 | $19,700 | $50,700 |
| 2018 | $4,242 | $70,400 | $19,700 | $50,700 |
| 2017 | $7,676 | $70,400 | $19,700 | $50,700 |
| 2016 | $6,695 | $167,000 | $19,700 | $147,300 |
| 2015 | -- | $167,000 | $19,700 | $147,300 |
| 2014 | -- | $167,000 | $19,700 | $147,300 |
Source: Public Records
Agents Affiliated with this Home
-
Todd VanDyke
-
Kelly Ralston
K
Buyer's Agent in 2016
Kelly Ralston
KLM Appraisal Services
(716) 373-3842
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1006780
APN: 041200-094-081-0002-074-000-0000
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