$5,000
SOLD MAY 8, 2024

511 N 7th St Olean, NY 14760

0.09 Acre
$55,556 Price per Acre
3,840 Sq Ft Lot

Recently Sold

$6 Per Sq Ft

11 Days on Market

About This Lot

As of May 2024

Welcome to your canvas for the perfect home! Nestled in the heart of this quaint city, this vacant lot offers an exceptional opportunity to create your ideal living space. Situated on a quiet dead-end street, revel in the peaceful ambiance while being just moments away from all the amenities Olean has to offer.

With a generous frontage of 30 feet and a spacious depth of 128 feet, this lot provides ample space to bring your vision to life. Picture yourself driving up to your beautifully crafted home, perfectly situated on this pristine lot.

Utilities are conveniently available at the roadway, ready for seamless hookup, ensuring that your dream home becomes a reality without delay. Imagine the convenience of being close to shopping centers, restaurants, and urban amenities, while still enjoying the tranquility of your own slice of paradise.

Don't miss out on this incredible opportunity to design and build your own sanctuary, tailored to your unique lifestyle and preferences. Your dream home awaits!

Last Agent to Sell the Property

Jon Shingledecker

Listing by eXp Realty Brokerage Phone: 716-359-6089 License #10301221920 Listed on: 04/18/2024

eXp Realty

Co-Listed By

Ashlene Jarmusz

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-359-6089 License #10401313668

Last Buyer's Agent

Annette Fachko

Listing by No Office Affiliation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $151

Lot Details

  • 3,840 Sq Ft Lot
  • Lot Dimensions are 30x128
  • Rectangular Lot
  • Level Lot
  • Cleared Lot

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 041200-094-048-0002-014-000-0000

Property Details

Property Type

Land

Est. Annual Taxes

$151

Lot Details

0

Listing Details

  • Topography: Level
  • Development Status: Clear, Raw Land
  • Property Sub Type: Residential
  • Property Type: Land
  • Attribution Contact: 716-359-6089
  • Lot Features: City Lot, Rectangular, Residential Lot, Cleared, Level
  • Road Frontage Type: City Street
  • Co List Office Mls Id: KWNY
  • Co List Office Phone: 716-832-3300
  • Directions: Wayne St to N 7th St
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Residential
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Single Family

Exterior Features

  • Acres: 0.09
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-048-0002-014-000-0000
  • Lot Dimensions: 30X128
  • Lot Size Sq Ft: 3840.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 151.0
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 6, 2024
Sold by
Clark Troy
Bought by
Morgan Patric S
Seller's Agent
Jon Shingledecker
eXp Realty
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$5,000
Sold Price
$5,000
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
495.71%

Purchase Details

Closed on
Aug 10, 2023
Sold by
Cattaraugus County
Bought by
Clark Troy

Purchase Details

Closed on
Dec 12, 2007
Sold by
Phielschiefter Janyce
Bought by
Pikulski Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 13, 2006
Sold by
Dickinson Kathleen
Bought by
Phielschiefter Janyce
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,000 None Available
Quit Claim Deed $460 None Available
Quit Claim Deed $460 None Available
Deed $20,000 Daniel Palumbo
Deed $20,000 Daniel Palumbo
Deed $28,000 Dicerbo & Palumbo
Deed $28,000 Dicerbo & Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $16,000 Unknown
Previous Owner $16,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $15,000 +200.0% --
05/08/2024 05/08/24 Sold $5,000 0.0% $6 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $5,000 -- $6 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,293 $2,800 $2,800 $0
2023 $105 $2,800 $2,800 $0
2022 $107 $2,800 $2,800 $0
2021 $1,218 $31,000 $2,800 $28,200
2020 $1,227 $31,000 $2,800 $28,200
2019 $465 $31,000 $2,800 $28,200
2018 $1,672 $31,000 $2,800 $28,200
2017 $1,257 $31,000 $2,800 $28,200
2016 $1,243 $31,000 $2,800 $28,200
2015 -- $31,000 $2,800 $28,200
2014 -- $31,000 $2,800 $28,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1532367

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-048-0002-014-000-0000