NOT LISTED FOR SALE

531 2nd Ave Olean, NY 14760

Olean Area

Estimated Value: $93,000 - $124,000

3 Beds
2 Baths
1,766 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2014

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

Est. 129% increase in value since last sale

Current estimated payment $753 / 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

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 Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2018
Sold by
Bought by
Current Estimated Value
$112,041

Purchase Details

Listed on
May 21, 2014
Closed on
Dec 15, 2014
Sold by
Bought by
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
7.34%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olean, NY

  • Heather Chase Real Estate Agent - ERA Team VP Real Estate

    Heather Chase

    ERA Team VP Real Estate

    (878) 217-7080

    145 Total Sales

    4 in Olean

    $100K - $200K Price Range

    Heather Chase
     Section Image
  • Anthony Dubreville Real Estate Agent - Keller Williams Realty WNY

    Anthony Dubreville

    Keller Williams Realty WNY

    (716) 221-8737

    105 Total Sales

    2 in Olean

    $26,000 Price Range

    Anthony Dubreville
     Section Image
  • Jonas Willson Real Estate Agent - Genesee River Realty

    Jonas Willson

    Genesee River Realty

    (585) 648-5008

    88 Total Sales

    1 in Olean

    $18,000 Price

    Jonas Willson
     Section Image
  • James Klossner Real Estate Agent - Whitetail Properties Real Estate, LLC

    James Klossner

    Whitetail Properties Real Estate, LLC

    (585) 627-0630

    91 Total Sales

    1 in Olean

    $105,000 Price

    James Klossner
     Section Image
  • Regis Handley Real Estate Agent - Howard Hanna Professionals - Olean

    Regis Handley

    Howard Hanna Professionals - Olean

    (585) 378-5525

    229 Total Sales

    127 in Olean

    $20K - $450K Price Range

    Regis Handley
     Section Image
  • Melanie Pritchard Real Estate Agent - ERA Team VP Real Estate

    Melanie Pritchard

    ERA Team VP Real Estate

    (716) 403-3199

    161 Total Sales

    5 in Olean

    $173K - $400K Price Range

    Melanie Pritchard
     Section Image
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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
-- --
-- None Available
$51,940 Gregory E. Shemeld
Source: Public Records

Property 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 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

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

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

  • J

    Seller's Agent in 2014

    Joseph Chamberlain

    No Office Affiliation

    Section Image

  • M

    Buyer's Agent in 2014

    Merilyn Mang

    No Office Affiliation

    Section Image
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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

New York Cattaraugus County Olean 14760

531 2nd Ave, Olean, NY

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