NOT LISTED FOR SALE

525 E Spring St Olean, NY 14760

Estimated Value: $90,000 - $107,000

2 Beds
1 Bath
893 Sq Ft
$109/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $79,900 $89 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $697/month

Highlights

  • Eat-In Kitchen
  • Wall to Wall Carpet
  • 1-Story Property
  • Forced Air Cooling System

About This Home

As of August 2021

You'll love this quaint little Ranch-style home with a beautiful large fenced in back yard! 2 bedrooms, with the possibility of a 3rd bedroom. One bathroom. Kitchen and bathroom recently remodeled. New appliances. New flooring throughout kitchen, dining, and living room. Open dining room/living room. Owner has added a shed and a carport and put on a new metal roof. This cozy home is move in ready!

Last Agent to Sell the Property

Karen Callahan

Listing by RE/MAX On Point License #10401294365 Listed on: 04/20/2021

RE/MAX On Point

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,728

Year Built

  • Built in 1955

Lot Details

  • 7,668 Sq Ft Lot
  • Lot Dimensions are 142 x 54

Parking

  • Carport

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 893 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 041200-094-058-0006-014-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,728

Year Built

Built in 1955

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 142
  • Lot Dimension Front: 54
  • Lot Information: Neighborhood Street
  • Lot Number: 14
  • Nearest Cross Street: Front St.
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 453977.27
  • Ratio Close Price By Sq Ft: 89.47
  • Ratio List Price By Acres: 453977.27
  • Ratio List Price By Sq Ft: 89.47
  • Regional Board Code: Buffalo
  • School Tax: 1322
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7668
  • Age of Building: 68
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 893
  • Directions To Property: Front Street to Spring Street
  • Sq Ft Total Pub: 893
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 893

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1760

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-058-0006-014-000-0000

Tax Info

  • Total Taxes: 2728

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Simons Lynette and Belvees Phillip
Bought by
Hausner Cody T and Doty Jennifer M
Current Estimated Value
$96,906

Purchase Details

Listed on
Oct 13, 2016
Closed on
Feb 21, 2017
Sold by
Shewairy Nancy J
Bought by
Simons Lynette
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$45,900
Sold Price
$40,000
Premium/Discount to List
-$5,900
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$39,275
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 13, 2016
Closed on
Feb 14, 2017
Sold by
Shewairy Nancy J
Bought by
Simons Lynette
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$45,900
Sold Price
$40,000
Premium/Discount to List
-$5,900
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,275
Interest Rate
4.09%
Mortgage Type
FHA
Source: Public Records

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
Hausner Cody T $80,000 None Available
Simons Lynette $40,000 None Available
Simons Lynette $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simons Lynette $39,275
Previous Owner Simons Lynette $39,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $79,900 0.0% $89 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $79,900 +99.8% $89 / Sq Ft
04/13/2017 04/13/17 Off Market $40,000 -- --
02/21/2017 02/21/17 Sold $40,000 -12.9% $45 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $45,900 0.0% $51 / Sq Ft
10/13/2016 10/13/16 For Sale $45,900 -- $51 / 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 $2,190 $58,000 $5,500 $52,500
2023 $2,184 $58,000 $5,500 $52,500
2022 $2,215 $58,000 $5,500 $52,500
2021 $1,965 $50,000 $5,500 $44,500
2020 $1,978 $50,000 $5,500 $44,500
2019 $751 $50,000 $5,500 $44,500
2018 $2,697 $50,000 $5,500 $44,500
2017 $2,027 $50,000 $5,500 $44,500
2016 $2,005 $50,000 $5,500 $44,500
2015 -- $50,000 $5,500 $44,500
2014 -- $50,000 $5,500 $44,500
Source: Public Records

Agents Affiliated with this Home

  • Karen Callahan

    Seller's Agent in 2021

    Karen Callahan

    RE/MAX

    (716) 244-7878

    85 in this area

    107 Total Sales

    Karen Callahan
    Section Image
  • Ken Bailey

    Buyer's Agent in 2021

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    63 in this area

    142 Total Sales

    Ken Bailey
    Section Image
  • Regis Handley

    Seller's Agent in 2017

    Regis Handley

    Howard Hanna

    (716) 307-9256

    115 in this area

    210 Total Sales

    Regis Handley
    Section Image
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Map

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

MLS Number: B1330904

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-058-0006-014-000-0000

New York Cattaraugus County Olean 14760

525 E Spring St, Olean, NY

This home is located at 525 E Spring St, Olean, NY 14760 since 20 April 2021 and is currently estimated at $96,906, approximately $108 per square foot. This property was built in 1955. 525 E Spring 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.

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