NOT LISTED FOR SALE

507 Gulf St Olean, NY 14760

Estimated Value: $281,000 - $363,000

4 Beds
2.5 Baths
2,064 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2023

Last sale price $330,000 $160 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,127 / mo

148 Days on Market

Highlights

  • Spa
  • Deck
  • Solid Surface Countertops
  • 0.63 Acre Lot
  • Recreation Room
  • Home Office

About This Home

As of December 2023

Welcome to this extraordinary home nestled in the tranquil neighborhood of East Olean. With four spacious bedrooms and two and a half luxurious baths, this home provides ample room for comfortable living. You'll be greeted by a private office ideally situated off the living room. The eat-in kitchen offers a delightful space for culinary adventures, while a formal dining room sets the stage for memorable gatherings with loved ones. The primary bedroom is a true oasis, boasting a walk-in closet with laundry facilities, and the primary bathroom features a beautifully tiled walk-in shower. You'll discover a finished basement with a large family room and an additional bedroom. But the true gem lies outside in the backyard. Step onto the covered patio, where a large screen TV invites you to enjoy your favorite shows or cheer for your team on game day. An adjacent small kitchen area allows for convenient outdoor cooking. As if that weren't enough, there's another patio adorned with a wood-burning stone fire pit. Remember to indulge in the ultimate relaxation experience on the deck, complete with a soothing hot tub. The attached three-car garage is equipped with heating and ample storage.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-8989 License #10491207167 Listed on: 06/13/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Shaune Henry

Listing by Hunt Real Estate ERA License #30HE0499719

Hunt Real Estate ERA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,534

Year Built

  • Built in 1992

Lot Details

  • 27,269 Sq Ft Lot
  • Lot Dimensions are 148x184
  • Rectangular Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Formal Dining Room
  • Home Office
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Spa
  • Deck
  • Open Patio
  • Playground
  • Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 041200-094-067-0001-025-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,534

Year Built

Built in 1992

Lot Details

0.63 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1992
  • Attribution Contact: 716-378-8989
  • ResoLaundryFeatures: Upper Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Turn off Brook Street onto Gulf Street. Property on left.
  • Architectural Style: Two Story
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Eat-in Kitchen, Home Office, Kitchen Island, Sliding Glass Door(s), Solid Surface Counters, Bath in Primary Bedroom
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Range Hood
  • Basement: Full, Partially Finished, Walk-Out Access, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.626
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway, Deck, Hot Tub/Spa, Play Structure, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Driveway, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-067-0001-025-000-0000
  • Lot Dimensions: 148X184
  • Lot Size Sq Ft: 27269.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7534.0
  • Tax Lot: 25

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Dec 13, 2023
Sold by
Sweitzer Patrick R and Sweitzer Barbara L
Bought by
Brooks Derek P and Brooks Kayla
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Shaune Henry
Hunt Real Estate ERA
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%
Views
250
Current Estimated Value
$333,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,574
Avg. Annual Appreciation
0.45%
Original Mortgage
$330,000
Outstanding Balance
$323,167
Interest Rate
7.76%
Mortgage Type
VA
Estimated Equity
$10,407

Purchase Details

Closed on
Apr 23, 2014
Sold by
Hatchett Floyd
Bought by
Sweitzer Patrick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.37%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Brooks Derek P $330,000 None Available
Sweitzer Patrick R $200,000 Daniel Palumbo
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Brooks Derek P $330,000
Previous Owner Sweitzer Patrick R $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2023 12/19/23 Sold $330,000 +0.3% $160 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/20/2023 10/20/23 Price Changed $329,000 -8.4% $159 / Sq Ft
10/12/2023 10/12/23 For Sale $359,000 0.0% $174 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $359,000 -- $174 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,176 $138,200 $14,200 $124,000
2024 $8,214 $138,200 $14,200 $124,000
2023 $5,203 $138,200 $14,200 $124,000
2022 $5,278 $138,200 $14,200 $124,000
2021 $5,431 $138,200 $14,200 $124,000
2020 $5,468 $138,200 $14,200 $124,000
2019 $2,074 $138,200 $14,200 $124,000
2018 $6,814 $138,200 $14,200 $124,000
2017 $4,926 $138,200 $14,200 $124,000
2016 $4,606 $132,200 $14,200 $118,000
2015 -- $132,200 $14,200 $118,000
2014 -- $132,200 $14,200 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1477892

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-067-0001-025-000-0000

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