NOT LISTED FOR SALE

528 Fountain St Olean, NY 14760

Estimated Value: $95,000 - $124,000

4 Beds
1 Bath
1,329 Sq Ft
$83/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $31,800 $24 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $732/month

27 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Cooling System
  • Kitchen Island
  • Partial Attic
  • Shed

About This Home

As of September 2016

OLEAN. FOUNTAIN ST. NICE NEIGHBORHOOD. BANK OWNED. 3/4 BEDROOM HOME. 1 BEDROOM ON FIRST FLOOR. NICE BACK YARD. MLS#B495218

Last Listed By

Thomas Fenner

Listing by No Office Affiliation License #10301210676 Listed on: 03/18/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 165 x 100

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 1,329 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic
  • Kitchen Island

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Dirt Driveway

Outdoor Features

  • Shed

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 041200-094-039-0002-023-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 90
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 305000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 165
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • L P Per Acre: 131142.8600
  • List Price per Sq Ft: 34.5372
  • Nearest Cross Street: JOHNSON ST
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 90857.14
  • Ratio Close Price By Sq Ft: 23.93
  • Ratio List Price By Acres: 131142.86
  • Ratio List Price By Sq Ft: 34.54
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1383
  • Styles of Residence: Cape Cod
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 45900.00
  • Year Built Description: Existing
  • Age of Building: 96
  • Year Built: 1926
  • Directions To Property: BUFFALO RD TO HOMER TO FOUNTAIN
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Laminate-Some, Linoleum/Vinyl
  • Kitchen Dining Description: Island
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1329

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.3500

Garage/Parking

  • Driveway Description: Dirt
  • 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

Lot Info

  • Parcel Number: 041200-094-039-0002-023-000-0000

Tax Info

  • Total Taxes: 2872

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Sep 16, 2016
Sold by
Northwest Savings Bank
Bought by
Hall Timothy Blake
Seller's Agent
Thomas Fenner
No Office Affiliation
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$45,900
Sold Price
$31,800
Premium/Discount to List
-$14,100
-30.72%
Total Days on Market
27
Current Estimated Value
$110,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,079
Avg. Annual Appreciation
15.57%
Original Mortgage
$25,400
Outstanding Balance
$10,285
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$101,095

Purchase Details

Closed on
Aug 12, 2015
Sold by
Handmore Jeffrey S
Bought by
Northwest Savings Bank

Purchase Details

Closed on
Aug 6, 2007
Sold by
Handmore Willard
Bought by
Handmore Jeffrey

Range of Values:

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Average Value
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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
Hall Timothy Blake $31,800 N/A N/A
Northwest Savings Bank $8,512 Fein, Such & Crane, Llp
Handmore Jeffrey -- Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Timothy Blake $25,400
Previous Owner Handmore Jeffrey S $43,500
Previous Owner Handmore Willard $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $31,800 -30.7% $24 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $45,900 -- $35 / 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 $3,429 $54,000 $8,700 $45,300
2023 $2,033 $54,000 $8,700 $45,300
2022 $2,062 $54,000 $8,700 $45,300
2021 $2,122 $54,000 $8,700 $45,300
2020 $2,137 $54,000 $8,700 $45,300
2019 $811 $54,000 $8,700 $45,300
2018 $2,913 $54,000 $8,700 $45,300
2017 $2,189 $54,000 $8,700 $45,300
2016 $3,132 $54,000 $8,700 $45,300
2015 -- $54,000 $8,700 $45,300
2014 -- $54,000 $8,700 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B495218

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-039-0002-023-000-0000