NOT LISTED FOR SALE

505 Queen St Olean, NY 14760

Estimated Value: $180,000 - $237,000

3 Beds
1 Bath
1,804 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $165,000 $91 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,258/month

19 Days on Market

Highlights

  • 0.34 Acre Lot
  • Wood Flooring
  • Partial Attic
  • Deck
  • Whirlpool Bathtub
  • Sun or Florida Room

About This Home

As of May 2022

Solid & Spacious, this 3 Bedroom Ranch with an attached Garage and a Fenced in Yard is looking for it's New Owner!! Filled with Beautiful Hardwood throughout and lots of Built-ins, you won't have a lot to do to make it your own! The Bathroom has a Deep Tub with Jets & also has a Steam Shower! The Master Bedroom has a Walk-in Closet upon entrance, then a built-in Office Work Station, a Closet with the Laundry, a Cedar Closet and also an Access to your own Porch!
It has a Large Kitchen with tons of storage and room for a small table by the window. There's a Formal Dining Room and there is a 3-Season Room with a Gas Stove out there for another area to Entertain in. The Attached Garage has the Attic over it and goes almost the full length of the house. It's hard to see how Awesome the Yard is with the snow, but hopefully you will envision it once you're there!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 01/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,567

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 100
  • Fenced Yard

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Crawl Space
  • Partial Attic
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Whirlpool Bathtub

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 041200-094-059-0006-051-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,567

Year Built

Built in 1961

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 120000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 100
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 51
  • Nearest Cross Street: Seneca Avenue
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 479094.08
  • Ratio Close Price By Sq Ft: 91.46
  • Ratio List Price By Acres: 493321.72
  • Ratio List Price By Sq Ft: 94.18
  • Regional Board Code: Rochester
  • School Tax: 3185
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 15000
  • Age of Building: 61
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 1804
  • Directions To Property: From Seneca, turn down Queen, house is a few past Prince & Queen on left
  • Sq Ft Total Pub: 1804
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Natural Woodwork - some, Whirlpool Tub
  • Additional Rooms: 1st Floor Master Bedroom, Florida/Sun Room- Unheated, Foyer/Entry Hall, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Partial
  • Basement Description: Crawl Space
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Eat-In, Formal Dining Room
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1804

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Fully Fenced Yard, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.3444

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-059-0006-051-000-0000

Tax Info

  • Total Taxes: 6567

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
May 23, 2022
Sold by
Drake Janet L
Bought by
Dixon John and Dixon Laura
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$201,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,273
Avg. Annual Appreciation
5.71%
Original Mortgage
$156,750
Outstanding Balance
$148,909
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,364

Purchase Details

Closed on
Feb 13, 2009
Sold by
Koebelin David
Bought by
Drake Janet
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dixon John $165,000 None Available
Drake Janet $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon John $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $165,000 -2.9% $91 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 Price Changed $169,900 -5.6% $94 / Sq Ft
01/27/2022 01/27/22 For Sale $179,900 -- $100 / 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 $7,587 $120,000 $10,000 $110,000
2023 $4,518 $120,000 $10,000 $110,000
2022 $4,583 $120,000 $10,000 $110,000
2021 $4,715 $120,000 $10,000 $110,000
2020 $3,320 $120,000 $10,000 $110,000
2019 $1,801 $120,000 $10,000 $110,000
2018 $5,045 $120,000 $10,000 $110,000
2017 $3,388 $120,000 $10,000 $110,000
2016 $3,348 $120,000 $10,000 $110,000
2015 -- $120,000 $10,000 $110,000
2014 -- $120,000 $10,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1386737

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-059-0006-051-000-0000