NOT LISTED FOR SALE

507 Queen St Olean, NY 14760

Estimated Value: $117,041 - $163,000

3 Beds
1.5 Baths
1,228 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $92,000 $75 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,033/month

29 Days on Market

Highlights

  • Cape Cod Architecture
  • Porch
  • Baseboard Heating
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Gas Fireplace

About This Home

As of October 2017

Completely remodeled 3 bedroom 1.5 bath home on a lovely street. Concrete driveway, new laminate flooring throughout, gas fireplace in living room, nice 1 car garage with separate workshop. Includes all appliances and washer dryer in basement. New windows throughout including basement. There is a ramp to back door if you need handicap access. Newer 200 amp electric service. New boiler also. Nice large backyard that has a chain link fence. Walk in your back yard to East View Elementary. Brand new bathroom tastefully done with tiled shower and beautiful tile floor. Modern barn sliding door on bathroom.

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 06/16/2017

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 244 x 50

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 1,228 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Drapes & Rods
  • Laminate Flooring
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 041200-094-059-0006-050-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,433

Year Built

Built in 1953

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 63000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 244
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 50
  • Nearest Cross Street: Seneca
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 328454.12
  • Ratio Close Price By Sq Ft: 74.92
  • Ratio List Price By Acres: 356658.34
  • Ratio List Price By Sq Ft: 81.35
  • Regional Board Code: Rochester
  • School Tax: 1645
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 12200
  • Age of Building: 70
  • Year Built: 1953
  • Directions To Property: On Queen street
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1953

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Primary Bedroom, Basement / Rec Room, Laundry-Basement, Porch - Open
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Kitchen Appliances Included: Microwave, Oven/Range Electric, Refrigerator
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 1
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1228

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.2801

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 041200-094-059-0006-050-000-0000

Tax Info

  • Total Taxes: 3433

MLS Schools

  • Elementary School Name: East View 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
Jun 16, 2017
Closed on
Sep 28, 2017
Sold by
Isaman Karen L
Bought by
Huselstein Jocelyn Lee
Seller's Agent
Joseph Chamberlain
No Office Affiliation
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%
Current Estimated Value
$133,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,260
Avg. Annual Appreciation
4.60%
Original Mortgage
$79,500
Outstanding Balance
$66,405
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$66,855

Purchase Details

Closed on
Nov 7, 2013
Sold by
Karen L
Bought by
Isaman Karen L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huselstein Jocelyn Lee -- Brian Palumbo
Isaman Karen L -- Teddar Brooks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huselstein Jocelyn Lee $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2017 10/04/17 Sold $92,000 -7.9% $75 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $99,900 -- $81 / 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 $3,983 $63,000 $8,000 $55,000
2023 $2,372 $63,000 $8,000 $55,000
2022 $2,406 $63,000 $8,000 $55,000
2021 $2,476 $63,000 $8,000 $55,000
2020 $2,493 $63,000 $8,000 $55,000
2019 $946 $63,000 $8,000 $55,000
2018 $3,398 $63,000 $8,000 $55,000
2017 $1,878 $63,000 $8,000 $55,000
2016 $1,832 $63,000 $8,000 $55,000
2015 -- $63,000 $8,000 $55,000
2014 -- $63,000 $8,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: B1055702

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-059-0006-050-000-0000