NOT LISTED FOR SALE

506 N 4th St Olean, NY 14760

Estimated Value: $49,000 - $72,000

2 Beds
1 Bath
1,045 Sq Ft
$61/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $20,000 $19 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $457/month

92 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Wall to Wall Carpet
  • L-Shaped Dining Room
  • High Speed Internet

About This Home

As of February 2013

This two bedroom North Olean home is priced to sell in the 30's. There is a covered patio off the back of the house. There is a concrete driveway with the property. Call today for more details.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 10/25/2012

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 66 x 50

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,045 Sq Ft Home
  • 2-Story Property
  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole
  • Gas Range
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-057-0001-050-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 102
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 66
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 436250.0000
  • List Price per Sq Ft: 33.3971
  • Nearest Cross Street: Wayne Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 250000.00
  • Ratio Close Price By Sq Ft: 19.14
  • Ratio List Price By Acres: 436250.00
  • Ratio List Price By Sq Ft: 33.40
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1080
  • Sale Price List Price: 0.5730
  • S P Per Acre: 250000.0000
  • S P Per Sq Ft: 19.1400
  • Styles of Residence: Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 34900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Turn off Wayne Street onto North 4th Street. Home is on right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-1st Floor
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Dining L
  • Number of Bedrooms 2nd Floor: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1045

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Patio
  • Number of Acres: 0.0800

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-057-0001-050-000-0000

Tax Info

  • Total Taxes: 2296

MLS Schools

  • Elementary School Name: Washington West Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2012
Closed on
Feb 15, 2013
Sold by
Rogers Terri
Bought by
Howard Terry
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals
List Price
$34,900
Sold Price
$20,000
Premium/Discount to List
-$14,900
-42.69%
Total Days on Market
92
Current Estimated Value
$63,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,408
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Jan 23, 2006
Sold by
Rogers Nicholas
Bought by
Rogers Terri

Purchase Details

Closed on
May 26, 1995
Sold by
Rogers Ralph T
Bought by
Rogers Nicholas R

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
Howard Terry $20,000 Daniel Palumbo
Rogers Terri -- Nicholas A. Dicerbo
Rogers Nicholas R $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $20,000 -42.7% $19 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $34,900 -- $33 / 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 $1,270 $20,000 $3,000 $17,000
2023 $753 $20,000 $3,000 $17,000
2022 $764 $20,000 $3,000 $17,000
2021 $786 $20,000 $3,000 $17,000
2020 $791 $20,000 $3,000 $17,000
2019 $300 $20,000 $3,000 $17,000
2018 $1,079 $20,000 $3,000 $17,000
2017 $811 $20,000 $3,000 $17,000
2016 $802 $20,000 $3,000 $17,000
2015 -- $20,000 $3,000 $17,000
2014 -- $20,000 $3,000 $17,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B418773

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-057-0001-050-000-0000