NOT LISTED FOR SALE

506 Washington St Olean, NY 14760

Estimated Value: $94,000 - $141,000

4 Beds
2.5 Baths
3,124 Sq Ft
$35/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2021

Last sale price $70,000 $22 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $830 / mo

57 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Eat-In Kitchen
  • 2 Fireplaces
  • 1 Car Detached Garage
  • 4-minute walk to Oak Hill Park

About This Home

As of December 2021

This house has so much potential. It has good bones but needs someone who has an eye for remodeling! By purchasing this fixer upper, it will give you a clean slate and an invitation to design your home the way you want while building equity and turning it into your dream home. Some features already in place are some hard wood floors, a beautiful staircase, Lots of beautiful windows, a ton of closet space. nice size bedrooms, a very nice layout, a dry basement. newer roof (less than 5 years old). structurally sound house. Good working furnace and hot water tank. Great curb appeal!!

Last Agent to Sell the Property

Karen Callahan

Listing by RE/MAX On Point License #10401294365 Listed on: 06/08/2021

RE/MAX On Point

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1910

Lot Details

  • 4,650 Sq Ft Lot
  • Lot Dimensions are 62x75

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,124 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Home Office
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 041200-094-064-0004-021-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,786

Year Built

Built in 1910

Lot Details

4,650 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Take Laurens Street to Washington St. Located across from Oak Hill Park.
  • Architectural Style: Two Story
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Den, Eat-in Kitchen, Home Office, Bath in Primary Bedroom
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1067
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-021-000-0000
  • Lot Dimensions: 62X75
  • Lot Size Sq Ft: 4650.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2786.0
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Sultan Aamir and Rafi Amber
Bought by
Finigan Denise
Current Estimated Value
$109,965

Purchase Details

Closed on
Nov 13, 2020
Sold by
Shivadorga Llc
Bought by
Sultan Aamir and Rafi Amber

Purchase Details

Closed on
Apr 3, 2020
Sold by
Silber Daniel
Bought by
Shivadorga Llc

Purchase Details

Closed on
Mar 17, 2020
Sold by
Silber Daniel
Bought by
Shivadorga Llc

Purchase Details

Listed on
Jun 20, 2019
Closed on
Nov 19, 2019
Sold by
Feder Mortgage Corpor
Bought by
Silber Daniel S
Seller's Agent
Lynn Emmerling
RE/MAX Integrity
Buyer's Agent
Lynn Emmerling
RE/MAX Integrity
List Price
$78,900
Sold Price
$49,900
Premium/Discount to List
-$29,000
-36.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Listed on
Jun 20, 2019
Closed on
Oct 21, 2019
Sold by
Silber Daniel S
Bought by
Fhlm
Seller's Agent
Lynn Emmerling
RE/MAX Integrity
Buyer's Agent
Lynn Emmerling
RE/MAX Integrity
List Price
$78,900
Sold Price
$49,900
Premium/Discount to List
-$29,000
-36.76%

Purchase Details

Closed on
Feb 12, 2019
Sold by
Bald Janet
Bought by
Fede Mortgage Corpor

Purchase Details

Closed on
Jan 18, 2019
Sold by
Bald Janet
Bought by
Fede Mortgage Corpor

Purchase Details

Closed on
Feb 10, 2010
Sold by
Bald Estate Janet
Bought by
Campbell Philip

Purchase Details

Closed on
Feb 28, 2002
Sold by
Pinocchio Alfred F Patricia L
Bought by
Bald Janet E
Source: Public Records
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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
Finigan Denise $70,000 None Available
Sultan Aamir $32,000 None Available
Shivadorga Llc -- None Available
Shivadorga Llc -- None Available
Silber Daniel S $49,900 None Available
Silber Daniel S $49,900 None Available
Fhlm $50,000 --
Fede Mortgage Corpor $55,614 None Available
Fede Mortgage Corpor $55,614 None Available
Fhlm $55,614 --
Campbell Philip -- --
Bald Janet E $88,500 Daniel A De Rose
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $70,000 -17.6% $22 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $85,000 +70.3% $27 / Sq Ft
11/22/2019 11/22/19 Sold $49,900 0.0% $16 / Sq Ft View Prior Sale
09/11/2019 09/11/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $49,900 -23.1% $16 / Sq Ft
07/30/2019 07/30/19 Price Changed $64,900 -17.7% $21 / Sq Ft
06/20/2019 06/20/19 For Sale $78,900 -- $25 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $2,915 $51,000 $3,600 $47,400
2024 $3,225 $51,000 $3,600 $47,400
2023 $1,920 $51,000 $3,600 $47,400
2022 $1,948 $51,000 $3,600 $47,400
2021 $2,004 $51,000 $3,600 $47,400
2020 $6,778 $51,000 $3,600 $47,400
2019 $1,388 $92,500 $3,600 $88,900
2018 $11,601 $92,500 $3,600 $88,900
2017 $7,920 $92,500 $3,600 $88,900
2016 $5,207 $92,500 $3,600 $88,900
2015 -- $92,500 $3,600 $88,900
2014 -- $92,500 $3,600 $88,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1342548

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-021-000-0000

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