NOT LISTED FOR SALE

509 2nd Ave Olean, NY 14760

Estimated Value: $77,000 - $106,000

3 Beds
1 Bath
1,032 Sq Ft
$84/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $5,000 $5 Per Sq Ft

Est. 1,624% increase in value since last sale

Current estimated payment $501/month

Highlights

  • Cape Cod Architecture
  • Space Heater
  • Rectangular Lot
  • Eat-In Kitchen

About This Home

As of October 2017

This home is located at 509 2nd Ave, Olean, NY 14760 since 06 September 2017 and is currently estimated at $86,211, approximately $83 per square foot. This property was built in 1890. 509 2nd Ave is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 09/06/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 09/06/2017

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 2,210 Sq Ft Lot
  • Lot Dimensions are 65 x 34
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,032 Sq Ft Home
  • 1.7-Story Property
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 041200-094-050-0001-034-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 34000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 65
  • Lot Dimension Front: 34
  • Lot Information: Neighborhood Street
  • Lot Number: 34
  • Lot Shape: Rectangular
  • Nearest Cross Street: Genesee
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 98619.33
  • Ratio Close Price By Sq Ft: 4.84
  • Ratio List Price By Acres: 195266.27
  • Ratio List Price By Sq Ft: 9.59
  • Regional Board Code: Rochester
  • School Tax: 444
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2210
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: On Second Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor
  • Basement Description: Partial
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1032

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0507

Garage/Parking

  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-050-0001-034-000-0000

Tax Info

  • Total Taxes: 926

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Oct 20, 2017
Sold by
Wilcox Nancy
Bought by
Mcgonnell David
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$9,900
Sold Price
$5,000
Premium/Discount to List
-$4,900
-49.49%
Current Estimated Value
$86,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,211
Avg. Annual Appreciation
43.14%

Purchase Details

Closed on
Feb 11, 1997
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
Mcgonnell David -- Brian Palumbo
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $5,000 -49.5% $5 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $9,900 -- $10 / 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 $549 $14,550 $1,900 $12,650
2023 $548 $14,550 $1,900 $12,650
2022 $556 $14,550 $1,900 $12,650
2021 $572 $14,550 $1,900 $12,650
2020 $576 $14,550 $1,900 $12,650
2019 $218 $14,550 $1,900 $12,650
2018 $821 $14,550 $1,900 $12,650
2017 $273 $34,000 $1,900 $32,100
2016 $268 $34,000 $1,900 $32,100
2015 -- $34,000 $1,900 $32,100
2014 -- $34,000 $1,900 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1074078

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0001-034-000-0000