NOT LISTED FOR SALE

614 N 1st St Olean, NY 14760

Estimated Value: $44,000 - $74,000

4 Beds
1 Bath
1,482 Sq Ft
$40/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $24,000 $16 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $368/month

115 Days on Market

Highlights

  • Full Attic
  • Eat-In Kitchen
  • Baseboard Heating
  • 1.5 Car Detached Garage
  • Living Room
  • High Speed Internet

About This Home

As of August 2017

Want to get started with income properties? Tenants already occupy the home or use it as a great starter home. With some TLC this home could be a great home. Conveniently located to downtown, schools and shopping.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 02/01/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Patricia Link

Listing by WNY Metro Roberts Realty License #40LI1153306

WNY Metro Roberts Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40

Home Design

  • Block Foundation

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Full Attic
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

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

Parking

  • 1.5 Car Detached Garage
  • Stone Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-049-0002-035-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 42500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: North Union ext
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 261437.91
  • Ratio Close Price By Sq Ft: 16.19
  • Ratio List Price By Acres: 325708.06
  • Ratio List Price By Sq Ft: 20.18
  • Regional Board Code: Rochester
  • School Tax: 1110
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4000
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: North union extension left onto north 1st. House is on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-Basement, Living Room
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 4
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1482

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0918

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.5000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-049-0002-035-000-0000

Tax Info

  • Total Taxes: 2303

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2023
Sold by
Carmichael Andre
Bought by
Montgomery Theresa
Current Estimated Value
$58,588

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jul 20, 2017
Sold by
Sweet Harold W
Bought by
Carmichael Andre
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Patricia Link
WNY Metro Roberts Realty
List Price
$29,900
Sold Price
$24,000
Premium/Discount to List
-$5,900
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Sweet Sandra
Bought by
Sweet Harold

Purchase Details

Closed on
Jan 27, 1995
Sold by
Dwaileebe James A
Bought by
Jacobik Sandra E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Montgomery Theresa $48,750 None Available
Carmichael Andre -- Michael Blotnik
Sweet Harold -- Daniel Palumbo
Jacobik Sandra E $44,560 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Sold $24,000 -19.7% $16 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $29,900 -- $20 / 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 $4,350 $42,500 $3,300 $39,200
2023 $1,600 $42,500 $3,300 $39,200
2022 $1,623 $42,500 $3,300 $39,200
2021 $1,670 $42,500 $3,300 $39,200
2020 $2,902 $42,500 $3,300 $39,200
2019 $748 $42,500 $3,300 $39,200
2018 $3,491 $42,500 $3,300 $39,200
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2017

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    107 in this area

    241 Total Sales

    Kelly Patrone
    Section Image
  • Patricia Link

    Buyer's Agent in 2017

    Patricia Link

    WNY Metro Roberts Realty

    (716) 531-8823

    85 Total Sales

    Patricia Link
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: B1023929

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-049-0002-035-000-0000

New York Cattaraugus County Olean 14760

614 N 1st St, Olean, NY

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