NOT LISTED FOR SALE

531 2nd Ave Olean, NY 14760

Estimated Value: $115,369 - $153,000

3 Beds
2 Baths
1,766 Sq Ft
$73/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2014

Last sale price $49,000 $28 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $822 / mo

110 Days on Market

Highlights

  • Cathedral Ceiling
  • Skylights
  • 2 Car Attached Garage
  • Main Floor Bedroom
  • Porch
  • Eat-In Kitchen

About This Home

As of December 2014

Unique 2-3 bedroom home with lots of modern updates. Beautiful cathedral ceiling kitchen area with skylights. Large area to work in. Pantry and a laundry room. Back area is another area for a 1st floor bedroom or can be another family room. High eff furnace, Double length garage w garage door on each end, All new vinyl clad windows. This home is ready for your finishing touches. A must see if your looking in this price range. Wont last long!

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 05/21/2014

Last Buyer's Agent

Merilyn Mang

Listing by No Office Affiliation License #40MA0904168

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,766 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Linoleum
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-050-0001-029-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1890
  • ResoLaundryFeatures: Main Level
  • Lot Features: Other, See Remarks
  • Directions: Last block of 2nd avenue
  • Architectural Style: Two Story
  • Flooring: Laminate, Linoleum, Other, See Remarks, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Separate/Formal Living Room, Living/Dining Room, Other, Pantry, Pull Down Attic Stairs, See Remarks, Skylights, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.15
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Concrete Driveway, Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-050-0001-029-000-0000
  • Lot Dimensions: 50X130
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2977.0

MLS Schools

  • Elementary School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2018
Sold by
Peters Richard
Bought by
Peters Richard
Current Estimated Value
$128,342

Purchase Details

Listed on
May 21, 2014
Closed on
Dec 15, 2014
Sold by
Lewis Paul A
Bought by
Peters Richard D
Seller's Agent
Joseph Chamberlain
No Office Affiliation
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$56,900
Sold Price
$49,000
Premium/Discount to List
-$7,900
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Peters Richard -- None Available
Peters Richard -- None Available
Peters Richard D -- --
Peters Richard D $51,940 Gregory E. Shemeld
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $49,000 -13.9% $28 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $56,900 -- $32 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $1,641 $57,000 $5,100 $51,900
2024 $3,604 $57,000 $5,100 $51,900
2023 $2,146 $57,000 $5,100 $51,900
2022 $2,177 $57,000 $5,100 $51,900
2021 $2,240 $57,000 $5,100 $51,900
2020 $1,614 $57,000 $5,100 $51,900
2019 $856 $57,000 $5,100 $51,900
2018 $2,433 $57,000 $5,100 $51,900
2017 $1,634 $57,000 $5,100 $51,900
2016 $1,591 $57,000 $5,100 $51,900
2015 -- $57,000 $5,100 $51,900
2014 -- $57,000 $5,100 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B452249

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0001-029-000-0000

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