NOT LISTED FOR SALE

520 School St Olean, NY 14760

Estimated Value: $64,000 - $81,790

3 Beds
1 Bath
1,458 Sq Ft
$50/Sq Ft Est. Value

Last Sold September 19, 2015

Last sale price $27,000 $19 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $457/month

52 Days on Market

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Wall to Wall Carpet
  • Den
  • Forced Air Cooling System

About This Home

As of September 2015

This home is located at 520 School St, Olean, NY 14760 since 23 June 2015 and is currently estimated at $73,198, approximately $50 per square foot. This property was built in 1930. 520 School 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.

Last Agent to Sell the Property

Thomas Fenner

Listing by No Office Affiliation License #10301210676 Listed on: 06/23/2015

Last Buyer's Agent

Thomas Fenner

Listing by No Office Affiliation License #10301210676 Listed on: 06/23/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 130 x 44

Parking

  • No Garage

Interior Spaces

  • 1,458 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Den
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-050-0004-019-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Age: 85
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 51500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 44
  • Lot Information: Neighborhood Street
  • L P Per Acre: 269230.7700
  • List Price per Sq Ft: 24.0054
  • Nearest Cross Street: FIFTH ST
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 207692.31
  • Ratio Close Price By Sq Ft: 18.52
  • Ratio List Price By Acres: 269230.77
  • Ratio List Price By Sq Ft: 24.01
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1300
  • Sale Price List Price: 0.7714
  • S P Per Acre: 207692.3100
  • S P Per Sq Ft: 18.5200
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 35000.00
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: SCHOOL ST OFF FRONT ST
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Den/Study, Laundry-1st Floor
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1458

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1300

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

Lot Info

  • Parcel Number: 041200-094-050-0004-019-000-0000

Tax Info

  • Total Taxes: 2720

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Sep 21, 2015
Sold by
Northwest Savings Bank
Bought by
Foster Stuart and Foster F
Seller's Agent
Thomas Fenner
No Office Affiliation
Buyer's Agent
Thomas Fenner
No Office Affiliation
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%
Current Estimated Value
$73,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,198
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
May 27, 2015
Sold by
Stayer Dolores Deceased
Bought by
Northwest Savings Bank

Purchase Details

Closed on
Jul 27, 2004
Sold by
Hickey Mary Lou
Bought by
Stayer Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Foster Stuart $27,000 Dan Derose
Northwest Savings Bank $5,008 Fein, Such & Crane, Llp
Stayer Dolores $47,500 Gregory Shemeld
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2015 09/19/15 Sold $27,000 -22.9% $19 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $35,000 -- $24 / 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 $2,618 $41,400 $4,800 $36,600
2023 $1,559 $41,400 $4,800 $36,600
2022 $1,581 $41,400 $4,800 $36,600
2021 $1,627 $41,400 $4,800 $36,600
2020 $1,638 $41,400 $4,800 $36,600
2019 $621 $41,400 $4,800 $36,600
2018 $2,233 $41,400 $4,800 $36,600
2017 $1,678 $41,400 $4,800 $36,600
2016 $1,660 $41,400 $4,800 $36,600
2015 -- $51,500 $4,800 $46,700
2014 -- $51,500 $4,800 $46,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Fenner

    No Office Affiliation

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Map

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

MLS Number: B478372

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0004-019-000-0000

New York Cattaraugus County Olean 14760

520 School St, Olean, NY

Not Listed for Sale

Detached

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