NOT LISTED FOR SALE

555 Prospect Ave Olean, NY 14760

Estimated Value: $110,000 - $173,000

3 Beds
1.5 Baths
1,302 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $79,000 $61 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $820/month

34 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Bar
  • Family Room
  • Forced Air Cooling System

About This Home

As of July 2019

Come see this turn key split level home. This is a cozy 3 bedrooms, 1.5 bath home. Remodeled family room, eat in kitchen with another room that can be used as a dining area or an additional living room. Great neighborhood. Nice yard. Off street parking with a large shed in the back yard.

Last Agent to Sell the Property

Karen Callahan

Listing by RE/MAX On Point License #10401294365 Listed on: 03/28/2019

RE/MAX On Point

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,735

Year Built

  • Built in 1948

Lot Details

  • 9,718 Sq Ft Lot
  • Lot Dimensions are 149 x 65

Parking

  • No Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,302 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Crawl Space
  • Unfinished Attic
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Microwave
  • Freezer

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 041200-094-050-0006-044-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,735

Year Built

Built in 1948

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 68000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 149
  • Lot Dimension Front: 65
  • Lot Information: Neighborhood Street
  • Lot Number: 44
  • Nearest Cross Street: Grandview
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 354101.30
  • Ratio Close Price By Sq Ft: 60.68
  • Ratio List Price By Acres: 402958.31
  • Ratio List Price By Sq Ft: 69.05
  • Regional Board Code: Buffalo
  • School Tax: 1757
  • Styles of Residence: Split Level
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 9718
  • Age of Building: 75
  • Year Built: 1948
  • Directions To Property: Take Front Street to Prospect.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1948

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Family Room, Laundry-1st Floor
  • Attic Description: Stair Access, Unfinished
  • Basement Description: Crawl Space
  • Floor Description: Ceramic-Some, Hardwood-Some
  • Kitchen Appliances Included: Freezer, Microwave, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Breakfast Bar
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1302

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2231

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 041200-094-050-0006-044-000-0000

Tax Info

  • Total Taxes: 3735

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jul 25, 2019
Sold by
Callahan Karen
Bought by
Diblasi Angelo
Seller's Agent
Karen Callahan
RE/MAX On Point
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%
Current Estimated Value
$131,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,027
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jul 23, 2019
Sold by
Callahan Karen
Bought by
Diblasi Angelo
Seller's Agent
Karen Callahan
RE/MAX On Point
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jun 17, 2019
Sold by
Callahan Kevin M and Callahan Karen E
Bought by
Diblasi Angelo
Seller's Agent
Karen Callahan
RE/MAX On Point
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%

Purchase Details

Closed on
May 30, 2012
Sold by
Heil Estate Helen
Bought by
Callahan Karen

Purchase Details

Closed on
Mar 26, 2012
Sold by
Heil Estate Helen
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Jun 29, 2001
Sold by
Cattaraugus County
Bought by
Heil Helen

Purchase Details

Closed on
Feb 23, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diblasi Angelo $79,000 None Available
Diblasi Angelo $79,000 None Available
Diblasi Angelo $79,000 --
Callahan Karen $30,000 --
County Of Cattaraugus -- Thomas Brady
Heil Helen $2,149 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $79,000 -12.1% $61 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $89,900 -- $69 / 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 $4,300 $68,000 $17,200 $50,800
2023 $2,560 $68,000 $17,200 $50,800
2022 $2,597 $68,000 $17,200 $50,800
2021 $2,672 $68,000 $17,200 $50,800
2020 $2,691 $68,000 $17,200 $50,800
2019 $1,021 $68,000 $17,200 $50,800
2018 $3,668 $68,000 $17,200 $50,800
2017 $2,756 $68,000 $17,200 $50,800
2016 $2,726 $68,000 $17,200 $50,800
2015 -- $68,000 $17,200 $50,800
2014 -- $68,000 $17,200 $50,800
Source: Public Records

Agents Affiliated with this Home

  • Karen Callahan

    Seller's Agent in 2019

    Karen Callahan

    RE/MAX

    (716) 244-7878

    91 in this area

    113 Total Sales

    Karen Callahan
    Section Image
  • Kelly Patrone

    Buyer's Agent in 2019

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    104 in this area

    236 Total Sales

    Kelly Patrone
    Section Image
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Map

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

MLS Number: B1180171

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0006-044-000-0000

New York Cattaraugus County Olean 14760

555 Prospect Ave, Olean, NY

Not Listed for Sale

Detached

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