NOT LISTED FOR SALE

5 Woodview Ct Olean, NY 14760

Estimated Value: $306,000 - $422,438

3 Beds
3 Baths
2,712 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $370,000 $136 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,350/month

13 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Wood Flooring
  • 0.77 Acre Lot
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of May 2022

This is a Breathtaking Contemporary home located in a quiet Cul De Sac on a double lot. This Post and Beam design is impeccable with great natural lighting. The enclosed sunporch is a perfect spot for a relaxing oasis while watching the deer feed in the backyard. High ceilings, natural hardwood, and an open concept. The Master bedroom and bathroom are located at the top of the stairs to the left, both are spacious with an added bonus of a 25ft walk-in closet. The master bathroom has a stand up shower with 6 shower heads and a Jacuzzi tub. The study/den on the first floor could potentially be used for a 4th bedroom. The granite counter tops in the kitchen were designed beautifully to match the fireplace in the dining room. 2nd kitchen located in the basement, along with a large crawlspace great for storage. The house also has a wonderful feature of central vacuum just to make life easier. You don't want to miss this amazing opportunity.

Last Agent to Sell the Property

Ashley Taylor

Listing by Howard Hanna Professionals - Olean License #10401356306 Listed on: 01/07/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Mary Karst

Listing by Howard Hanna Professionals - Olean License #30KA0826754

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,683

Year Built

  • Built in 1996

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 123 x 100
  • Cul-De-Sac

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 2,712 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Woodwork
  • Gas Fireplace
  • Family Room
  • Living Room
  • Den

Kitchen

  • Second Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 041200-094-050-0003-023-069-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,683

Year Built

Built in 1996

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 250000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 123
  • Lot Dimension Front: 100
  • Lot Information: Cul De Sac
  • Lot Number: 23
  • Nearest Cross Street: Woodview Ave
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 480519.48
  • Ratio Close Price By Sq Ft: 136.43
  • Ratio List Price By Acres: 518181.82
  • Ratio List Price By Sq Ft: 147.12
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 6636
  • Styles of Residence: Contemporary
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 33541
  • Age of Building: 26
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 2212
  • Directions To Property: Coming from Main St, turn right onto Genesee St after passing the hospital. About halfway up the hill of Genesee, take another right onto Inwood Dr. From Inwood Dr take a slight left turn onto Woodview Ave, leading into the Cul De Sac
  • Sq Ft Total Pub: 2712
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1996

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Central Vacuum System, Natural Woodwork - some
  • Additional Rooms: Basement / Rec Room, Den/Study, Family Room, Laundry-1st Floor, Living Room, Master Bedroom Bath
  • Basement Description: Crawl Space, Finished, Full
  • Floor Description: Hardwood-Some, Tile-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Kitchen Dining Description: 2nd Kitchen, Granite Counter, Island
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 12
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2712

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck, Garage Door Opener
  • Number of Acres: 0.7700

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Lot Info

  • Parcel Number: 041200-094-050-0003-023-069-0000

Tax Info

  • Total Taxes: 13683

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
May 10, 2022
Sold by
Gellen Jason and Gellen Judit
Bought by
Martinez Frank H and Martinez Anne M
Seller's Agent
Ashley Taylor
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$376,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,610
Avg. Annual Appreciation
0.49%
Original Mortgage
$296,000
Outstanding Balance
$281,244
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$95,366

Purchase Details

Listed on
Jun 6, 2015
Closed on
Jul 27, 2015
Sold by
Northwest Savings Bank
Bought by
Gellen Janos and Gellen G
Seller's Agent
Thomas Fenner
No Office Affiliation
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Apr 22, 2015
Sold by
Magnano Louis
Bought by
Northwest Savings Bank

Purchase Details

Closed on
May 28, 2004
Sold by
Rao Nagbhushans
Bought by
Magnano Louis

Purchase Details

Closed on
Sep 2, 1995
Sold by
Laine Erick Laine Marianne
Bought by
Rao Nagbhushans and Rao Revati
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Frank H $370,000 None Available
Gellen Janos $225,000 Daniel Palumbo
Northwest Savings Bank $100,000 Fein, Such & Crane
Magnano Louis $280,000 Daniel A Derose
Rao Nagbhushans $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Frank H $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2022 05/09/22 Sold $370,000 -7.3% $136 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $399,000 +77.3% $147 / Sq Ft
07/29/2015 07/29/15 Sold $225,000 -13.4% $83 / Sq Ft View Prior Sale
06/29/2015 06/29/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $259,900 -- $96 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $15,807 $250,000 $36,500 $213,500
2023 $9,412 $250,000 $36,500 $213,500
2022 $9,548 $250,000 $36,500 $213,500
2021 $9,824 $250,000 $36,500 $213,500
2020 $10,286 $250,000 $36,500 $213,500
2019 $4,203 $280,000 $36,500 $243,500
2018 $15,104 $280,000 $36,500 $243,500
2017 $11,349 $280,000 $36,500 $243,500
2016 $11,226 $280,000 $36,500 $243,500
2015 -- $280,000 $36,500 $243,500
2014 -- $280,000 $36,500 $243,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1383642

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0003-023-069-0000