NOT LISTED FOR SALE

517 Gulf St Olean, NY 14760

Estimated Value: $258,288 - $392,000

5 Beds
3.5 Baths
1,968 Sq Ft
$165/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $168,500 $86 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,521/month

1 Day on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • L-Shaped Dining Room
  • Deck
  • Combination Kitchen and Living
  • Porch

About This Home

As of January 2014

This well maintained home is move in ready. Three bedrooms two and a half baths upstairs. Full finished basement with kitchenette, full bath and two bedrooms. Beautiful backyard with pool. Composite deck out back and beautiful front porch.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 11/18/2013

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,979

Year Built

  • Built in 1999

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 112 x 180
  • Rectangular Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Kitchen and Living
  • L-Shaped Dining Room
  • Formal Dining Room
  • Scuttle Attic Hole
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed
  • Porch

Schools

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

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-067-0001-024-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,979

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 14
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 135000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 180
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 389130.4300
  • List Price per Sq Ft: 90.9552
  • Nearest Cross Street: Brook Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 366304.35
  • Ratio Close Price By Sq Ft: 85.62
  • Ratio List Price By Acres: 389130.43
  • Ratio List Price By Sq Ft: 90.96
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 3330
  • Sale Price List Price: 0.9413
  • S P Per Acre: 366304.3500
  • S P Per Sq Ft: 85.6200
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 179000.00
  • Year Built Description: Existing
  • Age of Building: 23
  • Year Built: 1999
  • Directions To Property: Head up King Street turn onto Brook and then your first left is Gulf Street Home is located on left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: 1st Floor Master Bedroom, Basement / Rec Room, Family Room, Laundry-1st Floor, Master Bedroom Bath, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Exterior Walkout, Full, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Breakfast Bar, Dining L, Eat-In, Formal Dining Room, Kitchen/Family Room Combo, Pantry
  • Number of Bedrooms 1st Floor: 3
  • Number of Bedrooms Basement: 2
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 3.10
  • Total Bedrooms: 5
  • Total Sq Ft: 1968

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet, Pool-Above Ground
  • Number of Acres: 0.4600

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

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

Lot Info

  • Parcel Number: 041200-094-067-0001-024-000-0000

Tax Info

  • Total Taxes: 6979

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
Nov 18, 2013
Closed on
Jan 23, 2014
Sold by
Mcgraw Daniel E
Bought by
Pezzimenti Vincent J
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals
List Price
$179,000
Sold Price
$168,500
Premium/Discount to List
-$10,500
-5.87%
Total Days on Market
1
Current Estimated Value
$324,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,822
Avg. Annual Appreciation
4.58%
Original Mortgage
$134,800
Outstanding Balance
$104,763
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$175,027

Purchase Details

Closed on
May 15, 1995
Sold by
Harris Lloyd-Estate Of
Bought by
Mcgraw Daniel E and Mcgraw Michelle

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
Pezzimenti Vincent J $168,500 Daniel R. Palumbo
Mcgraw Daniel E $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pezzimenti Vincent J $134,800
Previous Owner Mcgraw Daniel E $47,000
Previous Owner Mcgraw Daniel E $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $168,500 -5.9% $86 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $179,000 -- $91 / 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 $8,571 $135,000 $13,200 $121,800
2023 $5,083 $135,000 $13,200 $121,800
2022 $5,156 $135,000 $13,200 $121,800
2021 $5,305 $135,000 $13,200 $121,800
2020 $4,701 $135,000 $13,200 $121,800
2019 $2,026 $135,000 $13,200 $121,800
2018 $6,641 $135,000 $13,200 $121,800
2017 $4,796 $135,000 $13,200 $121,800
2016 $4,718 $135,000 $13,200 $121,800
2015 -- $135,000 $13,200 $121,800
2014 -- $135,000 $13,200 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B442230

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-067-0001-024-000-0000