NOT LISTED FOR SALE

521 School St Olean, NY 14760

Estimated Value: $92,000 - $114,000

2 Beds
2 Baths
1,266 Sq Ft
$82/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $59,000 $47 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $645/month

12 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Living Room
  • Formal Dining Room
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of August 2020

Don’t miss out on this must see home Located on a corner lot in a nice neighborhood, perfect for a small family or a first home. Two bedroom, two full baths and a room on the first floor you could easily convert to a 3rd bedroom. Kitchen has been updated and the downstairs has new laminate floors. Main Roof is 6 years old, garage roof is 15 years old, newer hot water tank, and a new shower/tub in the 2nd floor bath. Oversized two car garage and a wood fireplace in the family room. Call today to take a look.

Last Agent to Sell the Property

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals - Olean License #40FI1153618 Listed on: 05/17/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,856

Year Built

  • Built in 1917

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 66 x 51
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,266 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 041200-094-050-0003-060-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,856

Year Built

Built in 1917

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 52500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 66
  • Lot Dimension Front: 51
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 60
  • Lot Shape: Rectangular
  • Nearest Cross Street: Fifth Avenue
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1966666.67
  • Ratio Close Price By Sq Ft: 46.60
  • Ratio List Price By Acres: 2230000.00
  • Ratio List Price By Sq Ft: 52.84
  • Regional Board Code: Rochester
  • Roof Description: Shingles
  • School Tax: 1381
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 1307
  • Age of Building: 105
  • Garage Amenities: Electrical Service, Storage
  • Year Built: 1917
  • Directions To Property: Front Street to school Street. House is located on the corner of School and Fifth Ave
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1917

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Freestanding/Window AC
  • Additional Rooms: Family Room, Laundry-1st Floor, Living Room, Possible Additional Bedroom
  • Attic Description: Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Microwave, Refrigerator
  • Kitchen Dining Description: Eat-In, Formal Dining Room, Pantry
  • Number of Bedrooms 2nd Floor: 2
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1266

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0300

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel Number: 041200-094-050-0003-060-000-0000

Tax Info

  • Total Taxes: 2856

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
May 17, 2020
Closed on
Aug 22, 2020
Sold by
Bohn Paul S and Bohn Karen
Bought by
Nasuta Andrew R
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$66,900
Sold Price
$59,000
Premium/Discount to List
-$7,900
-11.81%
Current Estimated Value
$103,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,425
Avg. Annual Appreciation
11.06%
Original Mortgage
$47,000
Outstanding Balance
$41,615
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$61,810
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nasuta Andrew R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasuta Andrew R $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $59,000 -11.8% $47 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $66,900 -- $53 / 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 $3,319 $52,500 $2,800 $49,700
2023 $1,977 $52,500 $2,800 $49,700
2022 $2,005 $52,500 $2,800 $49,700
2021 $2,063 $52,500 $2,800 $49,700
2020 $1,436 $52,500 $2,800 $49,700
2019 $788 $52,500 $2,800 $49,700
2018 $2,191 $52,500 $2,800 $49,700
2017 $1,452 $52,500 $2,800 $49,700
2016 $1,411 $52,500 $2,800 $49,700
2015 -- $52,500 $2,800 $49,700
2014 -- $52,500 $2,800 $49,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1264810

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0003-060-000-0000