NOT LISTED FOR SALE

615 Barnum Rd Olean, NY 14760

Estimated Value: $51,000 - $90,118

3 Beds
1 Bath
936 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $25,000 $27 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $448/month

49 Days on Market

Highlights

  • Barn
  • 4.28 Acre Lot
  • Cottage
  • Portville Elementary School Rated A-
  • Partial Attic
  • Enclosed Patio or Porch

About This Home

As of May 2013

OWNER FINANCING - SMALLER HOUSE IN NEED OF SOME REPAIRS. 3 BEDROOMS, KITCHEN HAS BEEN REMOVED. NEW AREA IN BACK OF HOME IS NICE SUN ROOM AREA. FRONT ENCLOSED PORCH. OVER 4 ACRES ON LAND WHICH IS MOSTLY WOODED IN BACK. HOUSE IS SOLD IN AS IS CONDITION, OWNER FINANCED OR WILL LOOK AT OFFER FOR CASH DEAL. HOUSE WILL NEED A NEW ELECTRIC SERVICE BUT THERE IS ELECTRIC THERE. CALL FOR MORE INFO. ASSESSED FOR 52,000!

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 02/11/2013

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 02/11/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 4.28 Acre Lot
  • Lot Dimensions are 945 x 575
  • Irregular Lot

Home Design

  • Cottage
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Partial Basement
  • Partial Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Enclosed Patio or Porch
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 046600-112-002-0001-031-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding
  • Age: 78
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 52000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 945
  • Lot Dimension Front: 575
  • Lot Information: Rural Road
  • Lot Shape: Irregular
  • L P Per Acre: 5841.1215
  • List Price per Sq Ft: 26.7094
  • Nearest Cross Street: ROUTE 16
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 5841.12
  • Ratio Close Price By Sq Ft: 26.71
  • Ratio List Price By Acres: 5841.12
  • Ratio List Price By Sq Ft: 26.71
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1145
  • Sale Price List Price: 1.0000
  • S P Per Acre: 5841.1215
  • S P Per Sq Ft: 26.7100
  • Styles of Residence: Cottage, Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 25000.00
  • Year Built Description: Existing
  • Age of Building: 88
  • Year Built: 1935
  • Directions To Property: RT 16 SOUTH TO BARNUM ROAD, GO UNTIL 615 , HOUSE ON LEFT
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Family Room, Porch - Enclosed
  • Attic Description: Partial, Stair Access
  • Basement Description: Partial
  • Number of Bedrooms 1st Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 936

Exterior Features

  • Construction: Frame
  • Number of Acres: 4.2800

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 046600-112-002-0001-031-000-0000

Tax Info

  • Total Taxes: 2274

MLS Schools

  • School District Name: Portville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
May 28, 2013
Sold by
Levia David E
Bought by
Baynum John
Seller's Agent
Joseph Chamberlain
No Office Affiliation
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$66,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,039
Avg. Annual Appreciation
8.12%
Original Mortgage
$22,000
Outstanding Balance
$15,622
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$50,417

Purchase Details

Closed on
Dec 8, 2010
Sold by
County Of Cattaraugus
Bought by
Levia David

Purchase Details

Closed on
Mar 15, 2010
Sold by
Dibble Patricia
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Mar 10, 2004
Sold by
Steiner Patricia
Bought by
Dibble A A and Dibble K
Source: Public Records

Range of Values:

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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
Baynum John $27,000 Daniel A. Palumbo
Levia David $7,500 --
County Of Cattaraugus -- --
Dibble A A -- Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baynum John $22,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2013 05/24/13 Sold $25,000 0.0% $27 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $25,000 -- $27 / 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 $1,222 $21,060 $6,000 $15,060
2023 $1,115 $21,060 $6,000 $15,060
2022 $1,163 $21,060 $6,000 $15,060
2021 $1,155 $21,060 $6,000 $15,060
2020 $1,155 $21,060 $6,000 $15,060
2019 $610 $21,060 $6,000 $15,060
2018 $1,865 $21,060 $6,000 $15,060
2017 $1,763 $21,060 $6,000 $15,060
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joseph Chamberlain

    No Office Affiliation

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Map

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

MLS Number: B423275

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-112-002-0001-031-000-0000

New York Cattaraugus County Olean 14760

615 Barnum Rd, Olean, NY

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