NOT LISTED FOR SALE

531 Ho Sta Geh Rd Olean, NY 14760

Estimated Value: $71,000 - $101,000

2 Beds
1 Bath
774 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $49,900 $64 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $520/month

10 Days on Market

Highlights

  • 1.14 Acre Lot
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Forced Air Cooling System

About This Home

As of October 2022

Great ranch home sits on over 1 acre at the top of Rock City. This home has an eat-in kitchen, first-floor laundry/mud room, two bedrooms, and a large living room that leads out to the expansive back porch with a great view of the yard. The bathroom is unfinished, and the house could use some updates, this is a great fixer-upper and a must-see!! Detached garage that has additional room for storage or a workshop. Property sold AS-IS

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 06/28/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Carol Thomas

Listing by Howard Hanna Professionals - Ellicottville License #30TH0755390

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,734

Year Built

  • Built in 1930

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 347 x 147

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 774 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Stone Driveway
  • Dirt Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 042089-112-001-0001-011-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,734

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Allegany-042089
  • Total Assessed Value: 53000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 347
  • Lot Dimension Front: 147
  • Lot Information: Neighborhood Street
  • Lot Number: 11
  • Nearest Cross Street: Rt 16
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 43771.93
  • Ratio Close Price By Sq Ft: 64.47
  • Ratio List Price By Acres: 43771.93
  • Ratio List Price By Sq Ft: 64.47
  • Regional Board Code: Rochester
  • School Tax: 795
  • Styles of Residence: Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 49658
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 774
  • Directions To Property: Rt 16 to Ho-Sta-Geh Rd, Property is on the left
  • Sq Ft Total Pub: 774
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Dryer, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 774

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 1.1400

Garage/Parking

  • Driveway Description: Dirt, Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Allegany-Limestone

Lot Info

  • Parcel Number: 042089-112-001-0001-011-002-0000

Tax Info

  • Total Taxes: 1734

MLS Schools

  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2002
Sold by
Referee-Ploetz Ronald D
Bought by
Olean Area Federal Cu
Current Estimated Value
$79,574

Purchase Details

Closed on
Oct 29, 1997
Sold by
Estate Wetherby Jean
Bought by
Smith Stephen L
Source: Public Records

Range of Values:

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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
Olean Area Federal Cu $30,000 Daniel R Palumbo
Smith Stephen L $33,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $49,900 0.0% $64 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $49,900 -- $64 / 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 $2,700 $53,000 $13,300 $39,700
2023 $1,816 $53,000 $13,300 $39,700
2022 $1,718 $53,000 $13,300 $39,700
2021 $1,737 $53,000 $13,300 $39,700
2020 $969 $53,000 $13,300 $39,700
2019 $614 $53,000 $13,300 $39,700
2018 $993 $53,000 $13,300 $39,700
2017 $627 $32,000 $10,200 $21,800
2016 $614 $32,000 $10,200 $21,800
2015 -- $32,000 $10,200 $21,800
2014 -- $32,000 $10,200 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1417026

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042089-112-001-0001-011-002-0000