NOT LISTED FOR SALE

519 N 6th St Olean, NY 14760

Estimated Value: $58,644 - $81,000

2 Beds
1 Bath
1,188 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $16,000 $13 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $463/month

136 Days on Market

Highlights

  • Old Style Architecture
  • Forced Air Cooling System
  • High Speed Internet
  • Formal Dining Room
  • Living Room

About This Home

As of December 2022

This property is located on low traffic street off of Wayne St in the City of Olean. This is a great rehab project for a handyman or has flip potential. Property is sold as-is. All of the demo has been completed so you can start to put back together this home and adjust the floor plan however you choose. An open floor plan is easily possible to make this a great starter home or project. This home could also be packaged with MLS#: R1393599 on N Union St

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 03/15/2022

Howard Hanna Professionals - Olean

Co-Listed By

Todd Lowe

Listing by Howard Hanna Professionals - Olean License #10401361881

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 1900

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 128 x 40

Parking

  • No Garage

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Washington West 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

  • Tax Lot 28
  • Assessor Parcel Number 041200-094-048-0002-028-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 30000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 28
  • Nearest Cross Street: Wayne Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 136170.21
  • Ratio Close Price By Sq Ft: 13.47
  • Ratio List Price By Acres: 211914.89
  • Ratio List Price By Sq Ft: 20.96
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 796
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5120
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1188
  • Directions To Property: From N Union St (Route 16), turn onto Wayne Street, turn onto N 6th Street. The property is on the left
  • Sq Ft Total Pub: 1188
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Additional Rooms: Laundry-1st Floor, Living Room
  • Basement Description: Full
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1188

Exterior Features

  • Construction: Composition, Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1175

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-048-0002-028-000-0000

Tax Info

  • Total Taxes: 1642

MLS Schools

  • Elementary School Name: Washington West 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
Mar 15, 2022
Closed on
Dec 21, 2022
Sold by
Buffalo Renaissance P Llc
Bought by
Cash 2 Collect Llc
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$27,500
Sold Price
$16,000
Premium/Discount to List
-$11,500
-41.82%
Current Estimated Value
$70,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,411
Avg. Annual Appreciation
81.75%

Purchase Details

Closed on
Oct 27, 2021
Sold by
Cattaraugus County Of
Bought by
Buffalo Renaissance Props

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 16, 2021
Sold by
Cattaraugus County Of
Bought by
Cattaraugus County Of

Purchase Details

Closed on
Aug 9, 2018
Sold by
County Of Cattaraugus
Bought by
Harris Christopher

Purchase Details

Closed on
Jun 27, 2018
Sold by
County Of Cattaraugus
Bought by
Harris Christopher

Purchase Details

Closed on
May 2, 2018
Sold by
County Treasurer
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Apr 4, 2018
Sold by
County Treasurer
Bought by
County Of Cattaraugus
Source: Public Records

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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
Cash 2 Collect Llc $16,000 None Available
Buffalo Renaissance Props $15,300 None Available
Cattaraugus County Of -- None Available
Harris Christopher $7,000 None Available
Harris Christopher $7,000 None Available
Harris Christopher $7,000 --
County Of Cattaraugus -- None Available
County Of Cattaraugus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buffalo Renaissance Props $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $16,000 -35.7% $13 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $24,900 -9.5% $21 / Sq Ft
03/15/2022 03/15/22 For Sale $27,500 -- $23 / 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 $2,533 $30,000 $3,700 $26,300
2023 $1,129 $30,000 $3,700 $26,300
2022 $1,146 $30,000 $3,700 $26,300
2021 $1,179 $30,000 $3,700 $26,300
2020 $2,997 $30,000 $3,700 $26,300
2019 $845 $30,000 $3,700 $26,300
2018 $3,770 $30,000 $3,700 $26,300
2017 $2,674 $30,000 $3,700 $26,300
2016 $2,058 $30,000 $3,700 $26,300
2015 -- $30,000 $3,700 $26,300
2014 -- $30,000 $3,700 $26,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1393443

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-048-0002-028-000-0000