NOT LISTED FOR SALE

502 W Henley St Olean, NY 14760

Estimated Value: $47,000 - $162,047

4 Beds
2 Baths
2,118 Sq Ft
$53/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $45,000 $21 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $857/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Corner Lot
  • Deck
  • Wood Flooring
  • Formal Dining Room

About This Home

As of February 2024

This Once Beautiful Home (see the old pictures) is now ready for you to come in and design it your way and make it even more gorgeous! In unfortunate circumstances, the pipes froze last season and the sellers had serve-pro do the water clean-out and remediation. Now the majority of the house is down to the studs. There is remaining Natural Wood throughout, to include the Pocket Doors. Then, there are Newer Windows, Furnace, Hot Water Tank and The House Roof which have been updated in the last ten years. It has a 2 Car Garage, a Deck & Gazebo out back as well as a Charming, Tiny Yard for minimal upkeep. This would be an AMAZING Air B & B or a Multi-Room Rental or just the most Gorgeous House in the City, when you get done with it!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team Brokerage Phone: 716-307-8894 License #40AT1023399 Listed on: 10/23/2023

Last Buyer's Agent

Mary Beth Garvin

Listing by No Office Affiliation License #10401360154

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 041200-094-064-0014-015-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1909
  • Attribution Contact: 716-307-8894
  • Lot Features: Corner Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: West State st to s 4th. House is on the corner, driveway is on s. 4th
  • Architectural Style: Colonial, Two Story
  • Flooring: Hardwood, Other, See Remarks, Varies
  • Garage Yn: Yes
  • Interior Features: Cedar Closet(s), Separate/Formal Dining Room, Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1469
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Enclosed, Open, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0014-015-000-0000
  • Lot Dimensions: 50X128
  • Lot Size Sq Ft: 6400.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4681.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Feb 9, 2024
Sold by
Schuster Constance R and Schuster Howard
Bought by
Marsh Holdings Llc
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Mary Beth Garvin
No Office Affiliation
List Price
$59,999
Sold Price
$45,000
Premium/Discount to List
-$14,999
-25%
Views
130
Current Estimated Value
$112,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,012
Avg. Annual Appreciation
67.89%
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
Marsh Holdings Llc $45,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $45,000 -25.0% $21 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $59,999 -- $28 / 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 $3,193 $86,500 $4,200 $82,300
2023 $3,140 $86,500 $4,200 $82,300
2022 $3,180 $86,500 $4,200 $82,300
2021 $3,399 $86,500 $4,200 $82,300
2020 $2,480 $86,500 $4,200 $82,300
2019 $1,138 $86,500 $4,200 $82,300
2018 $3,581 $86,500 $4,200 $82,300
2017 $2,528 $86,500 $4,200 $82,300
2016 $2,466 $86,500 $4,200 $82,300
2015 -- $86,500 $4,200 $82,300
2014 -- $86,500 $4,200 $82,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1504790

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0014-015-000-0000