NOT LISTED FOR SALE

500 N 5th St Olean, NY 14760

Estimated Value: $57,000 - $144,000

5 Beds
2 Baths
1,288 Sq Ft
$66/Sq Ft Est. Value

Last Sold September 24, 2014

Last sale price $3,000 $2 Per Sq Ft

Est. 2,735% increase in value since last sale

Current estimated payment $557/month

127 Days on Market

About This Home

As of September 2014

OLEAN. ACROSS FROM THE MIDDLE SCHOOL. LOOKING FOR A PROJECT? HOUSE IS GUTTED AND IS NOT HABITABLE. NEEDS TOTAL REHAB. TURN THIS IN TO AFFORDABLE HOUSING OR RENTAL INCOME PROPERTY. ONLY $14,900. MLS#B448100.

Last Listed By

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660 Listed on: 03/31/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 64 x 52

Home Design

  • Block Foundation

Interior Spaces

  • 5 Bedrooms
  • 1,288 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Stone Driveway

Listing and Financial Details

  • Assessor Parcel Number 041200-094-048-0001-043-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 114
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 16500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 64
  • Lot Dimension Front: 52
  • Lot Information: Neighborhood Street
  • L P Per Acre: 186250.0000
  • List Price per Sq Ft: 11.5683
  • Nearest Cross Street: WAYNE ST
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 37500.00
  • Ratio Close Price By Sq Ft: 2.33
  • Ratio List Price By Acres: 186250.00
  • Ratio List Price By Sq Ft: 11.57
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 407
  • Sale Price List Price: 0.2013
  • S P Per Acre: 37500.0000
  • S P Per Sq Ft: 2.3300
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 14900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: CORNER OF N 5TH AND WAYNE ST
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Full
  • Number of Fireplaces Total Calculated: 2
  • Total Bedrooms: 5
  • Total Sq Ft: 1288

Exterior Features

  • Number of Acres: 0.0800

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-048-0001-043-000-0000

Tax Info

  • Total Taxes: 852

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2014
Closed on
Sep 3, 2014
Sold by
Cousins Bros Inc
Bought by
Conhiser Jason
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$14,900
Sold Price
$3,000
Premium/Discount to List
-$11,900
-79.87%
Total Days on Market
127
Current Estimated Value
$85,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,047
Avg. Annual Appreciation
34.60%

Purchase Details

Closed on
Apr 30, 2012
Sold by
Ricci John
Bought by
Cousins Bros Inc

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
Conhiser Jason -- --
Cousins Bros Inc $3,846 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Sold $3,000 -79.9% $2 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $14,900 -- $12 / 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 $2,730 $43,000 $3,000 $40,000
2023 $1,619 $43,000 $3,000 $40,000
2022 $1,642 $43,000 $3,000 $40,000
2021 $1,690 $43,000 $3,000 $40,000
2020 $1,701 $43,000 $3,000 $40,000
2019 $645 $43,000 $3,000 $40,000
2018 $2,320 $43,000 $3,000 $40,000
2017 $1,743 $43,000 $3,000 $40,000
2016 $1,724 $43,000 $3,000 $40,000
2015 -- $10,000 $3,000 $7,000
2014 -- $10,000 $3,000 $7,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B448100

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-048-0001-043-000-0000