NOT LISTED FOR SALE

601 Grandview Ave Olean, NY 14760

Olean Area

Estimated Value: $191,624

2 Beds
1 Bath
1,383 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2022

Last sale price $121,000 $87 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,538 / mo

7 Days on Market

Highlights

  • 1.3 Acre Lot
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Cul-De-Sac

About This Home

As of December 2022

This two-bedroom ranch home with more than one acre of land in the city limits sits on the quiet cul-de-sac of Grandview Avenue. A total of seven parcels (including the home) will transfer with the sale to add up to approximately 1.3 acres. Maintained by Olean General Hospital over the years, this home has an updated electrical system, an updated forced air heating system, and some unique retro design and architecture; this is a great place to call home. This home features well-cared-for hardwood floors throughout much of the home, and the partially finished attic has pull-down stairs that are great for storage. With some cosmetic updates, this home could be taken to the next level.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 07/18/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 1949

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 86x105
  • Cul-De-Sac
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,383 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 041200-094-050-0005-007-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,484

Year Built

Built in 1949

Lot Details

1.3 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1949
  • ResoLaundryFeatures: In Basement
  • Lot Features: Cul-De-Sac, Residential Lot
  • Road Frontage Type: City Street
  • MLS Status: Closed
  • Standard Status: Closed
  • Directions: From Front St, turn onto Prospect Ave, turn onto Grandview Ave, the property is on the left
  • Architectural Style: Ranch
  • Flooring: Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Pull Down Attic Stairs, Natural Woodwork, Bedroom on Main Level, Main Level Primary
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 1.3
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway, Fence
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, 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: 041200-094-050-0005-007-000-0000
  • Lot Dimensions: 86X105
  • Lot Size Sq Ft: 9030.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5484.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: East View Elementary

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

Listed on
Jul 18, 2022
Closed on
Dec 6, 2022
Sold by
Olean General Hospital
Bought by
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$99,900
Sold Price
$121,000
Premium/Discount to List
$21,100
21.12%
Current Estimated Value
$191,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,624
Avg. Annual Appreciation
12.97%
Original Mortgage
$96,800
Outstanding Balance
$90,864
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,760
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

  • Regis Handley Real Estate Agent - Howard Hanna Professionals - Olean

    Regis Handley

    Howard Hanna Professionals - Olean

    (585) 378-5525

    234 Total Sales

    132 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

    162 Total Sales

    5 in Olean

    $173K - $400K Price Range

    Melanie Pritchard
     Section Image
  • Jerry Thompson Real Estate Agent - Century 21 North East

    Jerry Thompson

    Century 21 North East

    (716) 687-0473

    339 Total Sales

    2 in Olean

    $145,000 Price Range

    Jerry Thompson
     Section Image
  • Aimee Campbell Real Estate Agent - Empire Realty Group

    Aimee Campbell

    Responds Quickly

    Empire Realty Group

    (585) 565-5382

    156 Total Sales

    1 in Olean

    $155,000 Price

    Aimee Campbell
     Section Image
  • Caitlin Croft Real Estate Agent - Iconic Real Estate

    Caitlin Croft

    Iconic Real Estate

    (716) 221-8308

    84 Total Sales

    5 in Olean

    $142K - $218K Price Range

    Caitlin Croft
     Section Image
  • Anthony Dubreville Real Estate Agent - Keller Williams Realty WNY

    Anthony Dubreville

    Keller Williams Realty WNY

    (716) 221-8737

    108 Total Sales

    1 in Olean

    $26,000 Price

    Anthony Dubreville
     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
$121,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $96,800
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
12/16/2022 12/16/22 Sold $121,000 +21.1% $87 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $99,900 -- $72 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $5,471 $153,500 $16,900 $136,600
2024 $7,338 $116,050 $16,900 $99,150
2023 $3,765 $100,000 $16,900 $83,100
2022 -- $100,000 $16,900 $83,100
2021 $0 $100,000 $16,900 $83,100
2020 $0 $100,000 $16,900 $83,100
2019 $0 $100,000 $16,900 $83,100
2018 $0 $100,000 $16,900 $83,100
2017 $0 $100,000 $16,900 $83,100
2016 $0 $100,000 $16,900 $83,100
2015 -- $100,000 $16,900 $83,100
2014 -- $100,000 $16,900 $83,100
Source: Public Records

Agents Affiliated with this Home

  • Paul Pezzimenti Real Estate Agent - Howard Hanna

    Seller's Agent in 2022

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    338 Total Sales

    Paul Pezzimenti
    Section Image

  • TF

    Buyer's Agent in 2022

    Thomas Fenner

    Real Estate Pros & More

    (716) 373-8971

    25 Total Sales

    Thomas Fenner
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1421628

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0005-007-000-0000

New York Cattaraugus County Olean 14760

601 Grandview Ave, Olean, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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