NOT LISTED FOR SALE

512 Line St Olean, NY 14760

Estimated Value: $63,000 - $80,000

1 Bed
1 Bath
704 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $32,000 $45 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $530/month

27 Days on Market

Highlights

  • Eat-In Kitchen
  • Baseboard Heating
  • Wall to Wall Carpet
  • Bungalow
  • High Speed Internet
  • Gas Fireplace

About This Home

As of April 2018

Tiny Home At It's Finest - Ever dream of owning your very own tiny home? Look no further! This 740 square foot, 1 bedroom, 1 bath home is well built and has all the everyday necessities; full bathroom with laundry hook-ups on the main floor, large bedroom upstairs, eat-in kitchen and shed for storage. This property is a MUST SEE.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 02/21/2018

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 8,904 Sq Ft Lot
  • Lot Dimensions are 168 x 53

Parking

  • No Garage

Home Design

  • Bungalow
  • Brick Frame
  • Partial Copper Plumbing

Interior Spaces

  • 704 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 8
  • Assessor Parcel Number 041200-094-067-0003-008-001-0000

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 43000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 168
  • Lot Dimension Front: 53
  • Lot Information: Secondary Road
  • Lot Number: 8
  • Nearest Cross Street: Goodrich Ave
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 156555.77
  • Ratio Close Price By Sq Ft: 45.45
  • Ratio List Price By Acres: 160958.90
  • Ratio List Price By Sq Ft: 46.73
  • Regional Board Code: Rochester
  • School Tax: 1131
  • Styles of Residence: Bungalow
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 8904
  • Age of Building: 87
  • Year Built: 1935
  • Directions To Property: Seneca Ave to Line St.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: Laundry-1st Floor
  • Basement Description: Slab
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • 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 Rooms: 3
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Total Sq Ft: 704

Exterior Features

  • Construction: Brick and Frame
  • Additional Exterior Features: High Speed Internet
  • Number of Acres: 0.2044

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-067-0003-008-001-0000

Tax Info

  • Total Taxes: 2370

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 25, 2018
Sold by
Feder Mortgage Corpor
Bought by
Cledgett Jonathan
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$32,900
Sold Price
$32,000
Premium/Discount to List
-$900
-2.74%
Current Estimated Value
$73,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,058
Avg. Annual Appreciation
11.82%

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 20, 2018
Sold by
Feder Mortgage Corpor
Bought by
Cledgett Jonathan
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$32,900
Sold Price
$32,000
Premium/Discount to List
-$900
-2.74%

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 18, 2018
Sold by
Fhlmc
Bought by
Cledgett Jonathan
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$32,900
Sold Price
$32,000
Premium/Discount to List
-$900
-2.74%

Purchase Details

Listed on
Feb 21, 2018
Closed on
Feb 20, 2018
Sold by
Collins Kenneth
Bought by
Fede Mortgage Corpor
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$32,900
Sold Price
$32,000
Premium/Discount to List
-$900
-2.74%

Purchase Details

Closed on
Jan 29, 2018
Sold by
Collins Kenneth
Bought by
Fede Mortgage Corpor

Purchase Details

Closed on
Jan 10, 2011
Sold by
Barber Frederick
Bought by
Collins Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,405
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2003
Sold by
Henzel Christian
Bought by
Barber Frederick
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cledgett Jonathan $28,000 None Available
Cledgett Jonathan $28,000 None Available
Cledgett Jonathan -- --
Fede Mortgage Corpor $46,477 None Available
Fede Mortgage Corpor $46,477 None Available
Fhlmc $29,250 --
Collins Kenneth $49,900 Gregory Shemeld
Barber Frederick $22,500 Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Kenneth $47,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $32,000 -2.7% $45 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $32,900 -- $47 / 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 $1,623 $43,000 $7,300 $35,700
2023 $1,619 $43,000 $7,300 $35,700
2022 $1,642 $43,000 $7,300 $35,700
2021 $1,690 $43,000 $7,300 $35,700
2020 $1,701 $43,000 $7,300 $35,700
2019 $797 $43,000 $7,300 $35,700
2018 $2,698 $43,000 $7,300 $35,700
2017 $1,743 $43,000 $7,300 $35,700
2016 $1,724 $43,000 $7,300 $35,700
2015 -- $43,000 $7,300 $35,700
2014 -- $43,000 $7,300 $35,700
Source: Public Records

Agents Affiliated with this Home

  • Ken Bailey

    Seller's Agent in 2018

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    65 in this area

    144 Total Sales

    Ken Bailey
    Section Image
  • Karen Callahan

    Buyer's Agent in 2018

    Karen Callahan

    RE/MAX

    (716) 244-7878

    85 in this area

    106 Total Sales

    Karen Callahan
    Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1100270

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-067-0003-008-001-0000

New York Cattaraugus County Olean 14760

512 Line St, Olean, NY

This home is located at 512 Line St, Olean, NY 14760 since 21 February 2018 and is currently estimated at $73,058, approximately $103 per square foot. This property was built in 1935. 512 Line St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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