$80,000
SOLD SEP 21, 2015

521 King St Olean, NY 14760

4 Beds
1 Bath
1,880 Sq Ft
0.5 Acres

Recently Sold

$43 Per Sq Ft

38% Below List Price

70 Days on Market

Highlights

  • 0.5 Acre Lot
  • Wood Flooring
  • Heated Sun or Florida Room
  • Traditional Architecture
  • Full Attic
  • Corner Lot

About This Home

As of April 2021

A truly stately brick home on large city lot. Pride of ownership shows here. 4 Br's. French doors lead to year round sunroom. Natural wood work and floors. A lovely home. $119,900.

Last Agent to Sell the Property

Mary Pepper

Listing by No Office Affiliation License #37PE1161655 Listed on: 04/23/2015

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 126 x 174
  • Corner Lot
  • Irregular Lot

Home Design

  • Traditional Architecture
  • Partial Copper Plumbing

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Thermal Windows
  • Drapes & Rods
  • Living Room
  • Heated Sun or Florida Room
  • Full Attic
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Coal
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-067-0001-045-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Age: 89
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 86500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 126
  • Lot Dimension Front: 174
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Shape: Irregular
  • L P Per Acre: 198000.0000
  • List Price per Sq Ft: 52.6595
  • Nearest Cross Street: Prince St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 160000.00
  • Ratio Close Price By Sq Ft: 42.55
  • Ratio List Price By Acres: 198000.00
  • Ratio List Price By Sq Ft: 52.66
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2183
  • Sale Price List Price: 0.8080
  • S P Per Acre: 160000.0000
  • S P Per Sq Ft: 42.5500
  • Styles of Residence: 2 Story, Traditional
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 99000.00
  • Year Built Description: Existing
  • Age of Building: 96
  • Year Built: 1926
  • Directions To Property: East State St. to King St. Home on corner of King St. and Prince St. Watch for sign.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Drapes - Some, Natural Woodwork - some
  • Additional Rooms: Florida/Sun Room- Heated, Foyer/Entry Hall, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Tile-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1880

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, Thermal Windows - Some
  • Number of Acres: 0.5000

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Coal, Gas
  • Hvac Type: Baseboard, Hot Water
  • 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: 041200-094-067-0001-045-000-0000

Tax Info

  • Total Taxes: 4570

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
Jan 30, 2021
Closed on
Apr 12, 2021
Sold by
Renfer Leigh C
Bought by
Fischer Mark J
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$164,500
Sold Price
$157,500
Premium/Discount to List
-$7,000
-4.26%
Current Estimated Value
$219,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,384
Avg. Annual Appreciation
4.33%

Purchase Details

Listed on
Apr 23, 2015
Closed on
Sep 14, 2015
Sold by
Bernard Robert
Bought by
Renfer Leigh
Seller's Agent
Mary Pepper
No Office Affiliation
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$129,900
Sold Price
$80,000
Premium/Discount to List
-$49,900
-38.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$77,600
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2011
Sold by
Bernard Robert
Bought by
Bernard Robert

Purchase Details

Closed on
Aug 17, 2004
Sold by
Bernard Robert
Bought by
Bernard Robert
Source: Public Records

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Range of Values:

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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 $157,500 None Available
Deed $80,000 Gregory Shemeld
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $157,500 -4.3% $84 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $164,500 +105.6% $88 / Sq Ft
09/21/2015 09/21/15 Sold $80,000 -38.4% $43 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $129,900 -- $69 / 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 $4,228 $112,000 $13,700 $98,300
2023 $4,217 $112,000 $13,700 $98,300
2022 $4,277 $112,000 $13,700 $98,300
2021 $3,399 $86,500 $13,700 $72,800
2020 $3,423 $86,500 $13,700 $72,800
2019 $1,298 $86,500 $13,700 $72,800
2018 $4,666 $86,500 $13,700 $72,800
2017 $3,506 $86,500 $13,700 $72,800
2016 $3,468 $86,500 $13,700 $72,800
2015 -- $86,500 $13,700 $72,800
2014 -- $86,500 $13,700 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B472913

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-067-0001-045-000-0000