NOT LISTED FOR SALE

506 N 8th St Unit 10 Olean, NY 14760

Estimated Value: $133,000 - $155,236

4 Beds
2 Baths
1,660 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $144,777 $87 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $991/month

6 Days on Market

Highlights

  • Formal Dining Room
  • Porch
  • Shed
  • Fenced Yard
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of August 2023

Welcome to this beautiful 4 bedroom, 2 full bathroom house located on a peaceful dead-end street. With a partially finished basement, a new roof being installed, and a large fenced-in backyard, this home offers the perfect blend of comfort and convenience. This house boasts four spacious bedrooms, providing ample space. Each room offers plenty of natural light and closet space. Enjoy the convenience of two full bathrooms, making mornings and evening routines a breeze for the entire household. The heart of this home is the inviting kitchen, complete with a breakfast bar. It's the perfect spot for enjoying a quick meal or entertaining guests. The kitchen is equipped with ample storage and countertops that provide plenty of workspace for cooking enthusiasts. The partially finished basement offers additional living space, perfect for a family room, home office, or recreational area. Let your imagination run wild and transform this area to suit your needs. Step outside to your private oasis - a generously sized, fully fenced-in backyard. situated on a quiet dead-end street, this house provides a peaceful and safe environment. Plumbing is available in the basement to add a 3rd bathroom

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 06/02/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 06/02/2023

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1910

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 128 x 50
  • Fenced Yard

Parking

  • No Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Laundry in Basement
  • Scuttle Attic Hole
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 041200-094-048-0002-003-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,149

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 58000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 3
  • Nearest Cross Street: Wayne St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 985547.99
  • Ratio Close Price By Sq Ft: 87.22
  • Ratio List Price By Acres: 985547.99
  • Ratio List Price By Sq Ft: 87.22
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1530
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6400
  • Age of Building: 113
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1660
  • Directions To Property: Wayne St to N 8th, House is on the right
  • Sq Ft Total Pub: 1660
  • Attribution Contact: 716-307-9256
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Laundry-2nd Floor, Laundry-Basement, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Partially Finished
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1660

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Fully Fenced Yard, High Speed Internet
  • Number of Acres: 0.1469

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-048-0002-003-000-0000

Tax Info

  • Total Taxes: 3149

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 1, 2023
Sold by
Anderson Joshua J
Bought by
Lentz Alan T
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$144,777
Sold Price
$144,777
Views
43
Current Estimated Value
$140,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,968
Avg. Annual Appreciation
-1.46%
Original Mortgage
$139,709
Outstanding Balance
$137,132
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$3,677

Purchase Details

Closed on
Jun 15, 2011
Sold by
County Of Cattaraugus
Bought by
Anderson Joshua

Purchase Details

Closed on
May 1, 1996
Sold by
Frazell Mary Katherine
Bought by
Robbins Tyrone L
Source: Public Records

Similar Homes in Olean, NY

  • 568 York St, Olean, NY 14760

    $164,900

    • 3 Beds
    • 1.5 Baths
    • 1,248 Sq Ft
    • 568 York St
    • Olean, NY

    Charming three-bedroom ranch in Olean! This home is set on a neighborhood street on the edge of the city. Located just a short drive from the city's shopping and dining, with a suburban feel, it truly offers the best of both worlds. The home has a brightly lit entry foyer, three roomy bedrooms, a formal dining room, a spacious and cozy living room, and a galley kitchen. The home is equipped with

    Daniel Terhune Century 21 Turner Brokers

    Section Image
  • 337 N 6th St, Olean, NY 14760

    $139,500

    • 5 Beds
    • 2 Baths
    • 1,682 Sq Ft
    • 337 N 6th St
    • Olean, NY

    Completely renovated five bedroom, two bath house across from the middle school track and field complex. First floor features a living room, dining room, bedroom that could also be used as a family room or den, and a full bath and laundry. Upstairs are four bedrooms and a full bath. New wiring and plumbing. This house is walking distance to the Olean middle and high schools. Move in ready, all

    John Skadowski Howard Hanna Professionals - Olean

    Section Image
  • 702 W Sullivan St, Olean, NY 14760

    $114,900

    • 4 Beds
    • 1.5 Baths
    • 3,069 Sq Ft
    • 702 W Sullivan St
    • Olean, NY

    This spacious 3-4 bedroom home, offering over 3,000 sq ft of living space, is ideally situated on a corner lot just under a quarter-acre in the City of Olean. The first floor features a convenient laundry area off the bathroom, along with generously sized rooms throughout. A double staircase enhances the home's charm, while the full basement provides ample storage space. The back deck is

    Kamille Connelly Premier Listings Real Estate

    Section Image
  • 136 N 10th St, Olean, NY 14760

    $129,900

    • 4 Beds
    • 2 Baths
    • 2,156 Sq Ft
    • 136 N 10th St
    • Olean, NY

    Nestled in the vibrant community of Olean, this inviting two-story residence offers a harmonious blend of classic charm and modern updates: Enjoy a formal living room and dining room, perfect for gatherings and a cozy, large family room for relaxation! Plus, an oversized bonus room, which could be an additional bedroom, office, or den, adds to versatility of the home. This vinyl sided home has

    Cynthia Sellstrom ERA Team VP Real Estate

    Section Image
  • 126 N 8th St, Olean, NY 14760

    $149,900

    • 3 Beds
    • 1.5 Baths
    • 1,552 Sq Ft
    • 126 N 8th St
    • Olean, NY

    This well maintained home couldn't be more ready to move into. Present owner is relocating for a new career opportunity and must sell after only being here for one year. Previous owner constantly maintained and upgraded over the 31 years she owned the property. Present owner has continued to do so. New roofwas installed in 2023 as was the boiler system. The kitchen was also updated in 2023 with

    James Pierce Keller Williams Realty Lancaster

    Section Image
  • 315 N 18th St, Olean, NY 14760

    $170,000

    • 3 Beds
    • 2 Baths
    • 1,577 Sq Ft
    • 315 N 18th St
    • Olean, NY

    Welcome to this 3 bed 2 bath ranch. Situated in a quiet neighborhood this home truly has everything you need. Featuring a large yard, double lot, large 2 bay garage with 3 parking spots, new storage shed, beautiful landscaping, raised bed garden and even a landscape pond. Sellers are willing to replace roof upon accepted offer with steel or architectural shingles! Walking distance to 2

    Michael Rhodes Keller Williams Realty Southern Tier & Finger Lakes

    Section Image
  • 130 S 6th St, Olean, NY 14760

    $164,900

    • 3 Beds
    • 2 Baths
    • 1,320 Sq Ft
    • 130 S 6th St
    • Olean, NY

    Welcome to 130 South 6th Street, Olean, NY – This beautifully updated 3-bedroom, 2-full bath home is located near downtown. In addition to the new siding, windows and roof, a composite porch was added to the front of the home. With a partially fenced in yard and a two-car garage, the yard offers a functional and private space. The main level offers three convenient entrances to the home and

    Thomas Butler Southern Tier Realty Co. Inc.

    Section Image
  • 136 S 12th St, Olean, NY 14760

    $139,900

    • 3 Beds
    • 1.5 Baths
    • 1,019 Sq Ft
    • 136 S 12th St
    • Olean, NY

    This well-maintained 3-bedroom, 1.5-bathroom home offers a harmonious blend of comfort and convenience, making it an ideal choice for both personal residence and investment opportunities. The detached 1-car garage provides direct access to a compact backyard, perfect for those seeking minimal outdoor upkeep. Enjoy peaceful mornings on the private back porch, offering a serene space to unwind.

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image
  • 115 N 17th St, Olean, NY 14760

    $179,900

    • 4 Beds
    • 2 Baths
    • 1,638 Sq Ft
    • 115 N 17th St
    • Olean, NY

    Beautifully maintained 3 or 4 bedroom west end home with 2 full baths with loads of charm, wonderful woodwork and hardwood floors. Updated kitchen with granite countertops and plenty of storage. Family room with a/c on first floor can be used as master bedroom with a master bath attached. Large living and dining room for entertaining, roomy front porch to relax and enjoy. Fenced-in back yard.

    David Lindstrom HUNT Real Estate Corporation

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lentz Alan T $145,000 None Available
Anderson Joshua $17,000 --
Robbins Tyrone L $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lentz Alan T $139,709
Previous Owner Anderson Joshua J $61,500
Previous Owner Anderson Joshua J $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $144,777 0.0% $87 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $144,777 -- $87 / 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 $2,479 $69,000 $4,200 $64,800
2023 $2,184 $58,000 $4,200 $53,800
2022 $2,215 $58,000 $4,200 $53,800
2021 $2,279 $58,000 $4,200 $53,800
2020 $2,295 $58,000 $4,200 $53,800
2019 $871 $58,000 $4,200 $53,800
2018 $3,129 $58,000 $4,200 $53,800
2017 $2,351 $58,000 $4,200 $53,800
2016 $1,631 $58,000 $4,200 $53,800
2015 -- $58,000 $4,200 $53,800
2014 -- $58,000 $4,200 $53,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1475347

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-048-0002-003-000-0000