NOT LISTED FOR SALE

507 N 7th St Olean, NY 14760

Estimated Value: $68,029 - $78,000

3 Beds
1 Bath
1,184 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $7,500 $6 Per Sq Ft

Est. 853% increase in value since last sale

Current estimated payment $450/month

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Wood Siding
  • Formal Dining Room
  • Baseboard Heating
  • 1-Story Property

About This Home

As of March 2024

Two story home in a quiet neighborhood on a dead end street. This home is being sold as is and needs lots of TLC to make it livable. A "hold harmless" form needs to be signed before showing.

Last Agent to Sell the Property

Rebecca Laborde

Listing by EXP-Premier Listings Team Brokerage Phone: 716-378-5055 License #10401331095 Listed on: 10/10/2023

Last Buyer's Agent

Rebecca Laborde

Listing by EXP-Premier Listings Team Brokerage Phone: 716-378-5055 License #10401331095 Listed on: 10/10/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,480 Sq Ft Lot
  • Lot Dimensions are 35x128

Home Design

  • Block Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Shared Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 041200-094-048-0002-016-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • Attribution Contact: 716-378-5055
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Turn off Wayne St onto N 7th - the house is behind Raffi's Restaurant.
  • Architectural Style: Two Story
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Separate/Formal Dining Room
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Total Bedrooms: 7
  • Stories: 1

Exterior Features

  • Acres: 0.1028
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Parking Features: No Garage, Shared Driveway

Utilities

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

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-048-0002-016-000-0000
  • Lot Dimensions: 35X128
  • Lot Size Sq Ft: 4480.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2001.0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 15, 2024
Sold by
Krawczyk Ft and Krawczyk
Bought by
Loja-Quizhpi Luis A and Loja-Lopee John A
Seller's Agent
Rebecca Laborde
EXP-Premier Listings Team
Buyer's Agent
Rebecca Laborde
EXP-Premier Listings Team
List Price
$8,500
Sold Price
$7,500
Premium/Discount to List
-$1,000
-11.76%
Views
32
Current Estimated Value
$71,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,007
Avg. Annual Appreciation
340.75%

Purchase Details

Closed on
Jan 13, 2022
Sold by
Carroll Christina L and Emborsky Sharon A
Bought by
Krawczyk Ft and Krawczyk

Purchase Details

Closed on
Apr 22, 2021
Sold by
Emborsky Sharon A and Carroll Christina L
Bought by
507 North Seventh St Llc

Purchase Details

Closed on
Sep 13, 1996
Source: Public Records

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
Loja-Quizhpi Luis A $7,500 None Available
Krawczyk Ft $15,000 None Available
507 North Seventh St Llc $2,500 None Available
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $7,500 -11.8% $6 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $8,500 -- $7 / 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 $3,124 $37,000 $3,300 $33,700
2023 $1,393 $37,000 $3,300 $33,700
2022 $1,413 $37,000 $3,300 $33,700
2021 $1,454 $37,000 $3,300 $33,700
2020 $2,451 $37,000 $3,300 $33,700
2019 $555 $37,000 $3,300 $33,700
2018 $2,520 $37,000 $3,300 $33,700
2017 $1,754 $37,000 $3,300 $33,700
2016 $1,686 $37,000 $3,300 $33,700
2015 -- $37,000 $3,300 $33,700
2014 -- $37,000 $3,300 $33,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1503219

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-048-0002-016-000-0000