NOT LISTED FOR SALE

501 Cherry St Olean, NY 14760

Estimated Value: $265,000 - $331,000

3 Beds
2 Baths
1,704 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $300,000 $176 Per Sq Ft

Current estimated payment $2,029/month

1 Day on Market

Highlights

  • Indoor Spa
  • Deck
  • Separate Formal Living Room
  • Primary Bedroom Suite
  • Recreation Room
  • Den

About This Home

As of June 2024

1st Floor Living at it's Best! Spacious 2+ Bedroom Ranch Home that's Low Maintenance! Built in 2003, It has an Open-Concept Livingroom/Dining Room/Kitchen w/Cathedral Ceilings & an entrance through French Doors out to one of the Decks that Brings in all the Natural Light. Enjoy Entertaining in the Open Kitchen w/loads of Counterspace +2yr Old Appliances.The Primary Suite has a His & Her Closet on each side of the Hallway going into the Bathroom w/Both Jetted Tub & Walk-in Shower. There's Brand New Vinyl Flooring has just been Installed Throughout the House & New Carpet. There is French Draining in Place,Gorgeous Concrete Driveway, Pad for the RV & Sidewalks. The Bonus Room off the Dining Area also has French Doors that Lead out to the Hot Tub. The Concrete Poured underneath it has the Footers already in place, in case you'd like to expand that room into another Bedroom, Office, Etc. The Full Basement is Split into 2 Sides- 1 Finished w/Tile Floors, that you can use for Entertaining, Play Room, Etc. On the other side, there's 2 Bonus Rooms which can be used as Bedrooms, Craft Room, Etc. Then the other remainder of that Side has a Work Bench and Utilities & even More Space.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by Premier Listings Real Estate Brokerage Phone: 716-307-8894 License #40AT1023399 Listed on: 04/09/2024

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 2003

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 170x80
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Den
  • Recreation Room
  • Bonus Room
  • Indoor Spa
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Convection Oven
  • Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 041200-094-067-0003-022-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,305

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2003
  • Attribution Contact: 716-307-8894
  • ResoLaundryFeatures: Main Level
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Seneca Ave to Cherry. House is on the corner of Brook & Cherry
  • Architectural Style: Ranch
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Den, Separate/Formal Living Room, Hot Tub/Spa, Kitchen Island, Main Level Primary, Primary Suite
  • Unit Levels: One
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Convection Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 1
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 0.3144
  • Waterfront: No
  • Construction Type: Vinyl Siding, PEX Plumbing
  • Exterior Features: Concrete Driveway, Deck, Fence, Hot Tub/Spa, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Heating: Gas, Forced Air
  • 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: 041200-094-067-0003-022-002-0000
  • Lot Dimensions: 170X80
  • Lot Size Sq Ft: 13697.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7305.0
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Jun 6, 2024
Sold by
Longo Linda S
Bought by
Sweitzer Patrick R and Sweitzer Barbara L
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$289,000
Sold Price
$300,000
Premium/Discount to List
$11,000
3.81%
Views
34
Current Estimated Value
$300,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723
Avg. Annual Appreciation
-0.15%
Original Mortgage
$240,000
Outstanding Balance
$238,046
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,432

Purchase Details

Closed on
Nov 19, 2001
Sold by
Moses Joseph E and Moses Eileen F
Bought by
Nottingham Wayne
Source: Public Records

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
Sweitzer Patrick R $300,000 None Available
Nottingham Wayne $10,000 Nicholas Dicerbo
Nottingham Wayne $10,000 Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweitzer Patrick R $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $300,000 +3.8% $176 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $289,000 -- $170 / 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 $4,410 $135,000 $10,800 $124,200
2023 $4,966 $135,000 $10,800 $124,200
2022 $5,033 $135,000 $10,800 $124,200
2021 $5,305 $135,000 $10,800 $124,200
2020 $4,399 $135,000 $10,800 $124,200
2019 $1,866 $135,000 $10,800 $124,200
2018 $6,197 $135,000 $10,800 $124,200
2017 $4,494 $135,000 $10,800 $124,200
2016 $4,410 $135,000 $10,800 $124,200
2015 -- $135,000 $10,800 $124,200
2014 -- $135,000 $10,800 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1530403

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-067-0003-022-002-0000