NOT LISTED FOR SALE

509 Queen St Olean, NY 14760

Estimated Value: $122,000 - $149,715

3 Beds
2 Baths
1,596 Sq Ft
$85/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $116,000 $73 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,002/month

101 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch
  • Den
  • 1 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of October 2020

Check out this spacious 3 bedroom home with main floor bedroom and bathroom. There is an additional room in the basement with full bathroom with tiled shower. Large, deep lot with outside fireplace and small koi pond makes it great for entertaining.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 02/28/2020

Last Buyer's Agent

Amy Henzel

Listing by ERA Team VP Real Estate License #10401317441

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,911

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 244 x 60

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,596 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Outdoor Features

  • Porch

Schools

  • Ivers J Norton Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 041200-094-059-0006-049-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,911

Year Built

Built in 1950

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 90000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 244
  • Lot Dimension Front: 60
  • Lot Information: Secondary Road
  • Lot Number: 49
  • Nearest Cross Street: Prince Street
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 345135.38
  • Ratio Close Price By Sq Ft: 72.68
  • Ratio List Price By Acres: 326986.02
  • Ratio List Price By Sq Ft: 68.86
  • Regional Board Code: Rochester
  • School Tax: 2368
  • Styles of Residence: 2 Story, Bungalow
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 14640
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: Prospect Ave to Queen Street.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: 1st Floor Bedroom, Den/Study, Laundry-Basement, Living Room, Porch - Open
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Formal Dining Room, Island
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1596

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.3361

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: Ivers J Norton Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-059-0006-049-000-0000

Tax Info

  • Total Taxes: 4911

MLS Schools

  • Elementary School Name: Ivers J Norton 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

Closed on
Jun 10, 2025
Sold by
Rocket Mortgage Llc
Bought by
Sec Of Veterans Affairs
Current Estimated Value
$135,679

Purchase Details

Closed on
Apr 16, 2025
Sold by
Rocket Mortgage Llc and Frost
Bought by
Kurtzhalts Joel R

Purchase Details

Listed on
Feb 28, 2020
Closed on
Oct 2, 2020
Sold by
Marshall David C and Marshall Renee
Bought by
Frost Jeff
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Amy Henzel
ERA Team VP Real Estate
List Price
$109,900
Sold Price
$116,000
Premium/Discount to List
$6,100
5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$118,668
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2016
Sold by
Marshall David C
Bought by
Marshall David C and Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,900
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2007
Sold by
Pancio Kathleen
Bought by
Marshall David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Sec Of Veterans Affairs -- --
Kurtzhalts Joel R $105,063 None Available
Frost Jeff -- None Available
Marshall David C -- Nicholas Dicerbo Jr.
Marshall David C -- Nicholas Dicerbo Jr.
Marshall David $90,000 Bryan R Milks
Marshall David $90,000 Bryan R Milks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frost Jeff $118,668
Previous Owner Marshall David C $10,900
Previous Owner Marshall David $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $116,000 +5.6% $73 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $109,900 0.0% $69 / Sq Ft
06/05/2020 06/05/20 For Sale $109,900 -4.4% $69 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $114,900 -- $72 / 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 $3,398 $90,000 $8,800 $81,200
2023 $3,388 $90,000 $8,800 $81,200
2022 $3,437 $90,000 $8,800 $81,200
2021 $3,537 $90,000 $8,800 $81,200
2020 $2,920 $90,000 $8,800 $81,200
2019 $1,351 $90,000 $8,800 $81,200
2018 $4,214 $90,000 $8,800 $81,200
2017 $2,972 $90,000 $8,800 $81,200
2016 $2,914 $90,000 $8,800 $81,200
2015 -- $90,000 $8,800 $81,200
2014 -- $90,000 $8,800 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1253808

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-059-0006-049-000-0000