$195,000
SOLD JUL 19, 2021

611 Gulf St Olean, NY 14760

3 Beds
2.5 Baths
2,057 Sq Ft
0.41 Acres

Recently Sold

$95 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Spa
  • 0.41 Acre Lot
  • Cathedral Ceiling
  • Sauna
  • Deck
  • Wood Flooring

About This Home

As of December 2021

This split-level home built in 1999 has an incredible amount to offer. Open floor plan, granite counters, newly remodeled bathrooms with quartz counters, a gorgeous sunroom, a Master Suite with a huge bathroom, possible additional bedroom in the partially finished basement, a solar roof to pay for about 80% of your electrical bills for the year and the privacy of being on a "hidden" very low traveled road. Enjoy your time in the living room with the gas fireplace going during the chilly mornings of spring, and then head over to the sunroom, leading to the deck and hot tub. The garage and shed offer the storage space that you will require on the lot that is .41 acres (additional parcels of land are available for $10,000 that could increase the property to about 1 acre, see listing pictures). The partially finished basement could be used as a family room/playroom or an additional bedroom. Currently, it is used as an office/workout area with a sauna (negotiable). Another basement area is currently unfinished that could be finished easily, currently set up as a workshop. Property rarely comes available on this street! The owner is interested in staying until the end of July if possible

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 03/07/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1999

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 105 x 255
  • Front Green Space

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,057 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Heated Sun or Florida Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Full Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Shed

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 041200-094-059-0004-048-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,822

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 125000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 105
  • Lot Dimension Front: 255
  • Lot Information: Green Area, Neighborhood Street
  • Lot Number: 48
  • Nearest Cross Street: Forness Ave
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 475609.76
  • Ratio Close Price By Sq Ft: 94.80
  • Ratio List Price By Acres: 487560.98
  • Ratio List Price By Sq Ft: 97.18
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 3306
  • Styles of Residence: Split Level
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 17860
  • Age of Building: 23
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 1664
  • Directions To Property: From King Street, turn onto Forness Ave, turn onto Gulf Street. The property is located between Forness Ave and Crown St
  • Sq Ft Total Pub: 1664
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Sauna, Skylight, Sliding Glass Door
  • Additional Rooms: Basement / Rec Room, Florida/Sun Room- Heated, Laundry-Basement, Living Room, Master Bedroom Bath, Possible Additional Bedroom
  • Attic Description: Full, Pull Down Stairs
  • Basement Description: Full, Partially Finished
  • Floor Description: Ceramic-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Granite Counter, Solid Surface Counter
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Half Bathrooms in the Basement: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • Total Sq Ft: 2057

Exterior Features

  • Construction: Brick, Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet, Hot Tub
  • Number of Acres: 0.4100

Garage/Parking

  • Driveway Description: Concrete, Parking Area
  • Garage Description: Attached, Under House
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

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

Lot Info

  • Parcel Number: 041200-094-059-0004-048-000-0000

Tax Info

  • Total Taxes: 6822

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 19, 2021
Sold by
Bavisotto Philip J Est
Bought by
Bose Nishan and Dogra Ashima
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$199,900
Sold Price
$218,000
Premium/Discount to List
$18,100
9.05%
Current Estimated Value
$272,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,748
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Froebel Eugene A
Bought by
Froebel Brian L and Froebel Denise M
Source: Public Records

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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 Type Sale Price Title Company
Executors Deed $218,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Second Mortgage Made To Cover Down Payment
Previous Owner $80,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2021 12/05/21 Sold $218,000 +9.1% $131 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $199,900 +2.5% $120 / Sq Ft
07/19/2021 07/19/21 Sold $195,000 -2.5% $95 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $199,900 0.0% $97 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $199,900 -- $97 / 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 $5,512 $146,000 $16,900 $129,100
2023 $5,497 $146,000 $16,900 $129,100
2022 $5,576 $146,000 $16,900 $129,100
2021 $4,912 $125,000 $16,900 $108,100
2020 $4,305 $125,000 $16,900 $108,100
2019 $1,876 $125,000 $16,900 $108,100
2018 $6,102 $125,000 $16,900 $108,100
2017 $4,391 $125,000 $16,900 $108,100
2016 $4,318 $125,000 $16,900 $108,100
2015 -- $125,000 $16,900 $108,100
2014 -- $125,000 $16,900 $108,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1322493

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-059-0004-048-000-0000