NOT LISTED FOR SALE

616 Homer St Olean, NY 14760

Estimated Value: $111,000 - $190,000

3 Beds
2 Baths
1,320 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 17, 2012

Last sale price $95,000 $72 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,034/month

173 Days on Market

Highlights

  • L-Shaped Dining Room
  • 1 Car Detached Garage
  • In-Law or Guest Suite
  • Fenced Yard
  • Porch
  • Forced Air Cooling System

About This Home

As of December 2012

*Price Reduced on this 3 bedroom 2 full bath home that is move in ready. All the major improvements have been done and then some. Covered front and back porches for your outdoor entertainment. Enjoy the completely fenced in yard with large shed for storage.Basement has been professionally waterproofed and comes with a transferable warranty. Great home, Great price.Come see it today.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 04/19/2012

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1870

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 159 x 45
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • L-Shaped Dining Room
  • Laundry on main level

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Washington West Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-039-0004-023-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,287

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 142
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 65000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 159
  • Lot Dimension Front: 45
  • Lot Information: Primary Road
  • Lot Shape: Rectangular
  • L P Per Acre: 587647.0600
  • List Price per Sq Ft: 75.6818
  • Nearest Cross Street: Buffalo St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 558823.53
  • Ratio Close Price By Sq Ft: 71.97
  • Ratio List Price By Acres: 587647.06
  • Ratio List Price By Sq Ft: 75.68
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1539
  • Sale Price List Price: 0.9509
  • S P Per Acre: 558823.5300
  • S P Per Sq Ft: 71.9700
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 99900.00
  • Year Built Description: Existing
  • Age of Building: 152
  • Year Built: 1870
  • Directions To Property: Buffalo St to Homer. House is on the left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1870

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Sump Pump
  • Additional Rooms: Basement / Rec Room, Guest Suite, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Microwave, Refrigerator
  • Kitchen Dining Description: Dining L
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1320

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Patio
  • Number of Acres: 0.1700

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary

Lot Info

  • Parcel Number: 041200-094-039-0004-023-000-0000

Tax Info

  • Total Taxes: 3287

MLS Schools

  • Elementary School Name: Washington West Elementary
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2012
Closed on
Dec 14, 2012
Sold by
Sequerth Geoffrey
Bought by
Hobler Christopher
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$104,900
Sold Price
$95,000
Premium/Discount to List
-$9,900
-9.44%
Total Days on Market
173
Current Estimated Value
$156,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,623
Avg. Annual Appreciation
3.46%
Original Mortgage
$50,000
Outstanding Balance
$35,443
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$109,605

Purchase Details

Closed on
Apr 20, 2007
Sold by
Rhinehart Rose
Bought by
Sequerth Geoffrey

Range of Values:

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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
Hobler Christopher $95,000 Daniel Palumbo
Sequerth Geoffrey $25,000 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobler Christopher $50,000
Previous Owner Sequerth Geoffrey M $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2012 12/17/12 Sold $95,000 -9.4% $72 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $104,900 -- $79 / 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 $5,978 $96,000 $5,300 $90,700
2023 $3,497 $96,000 $5,300 $90,700
2022 $3,543 $96,000 $5,300 $90,700
2021 $3,733 $95,000 $5,300 $89,700
2020 $2,965 $95,000 $5,300 $89,700
2019 $1,266 $95,000 $5,300 $89,700
2018 $4,178 $95,000 $5,300 $89,700
2017 $3,018 $95,000 $5,300 $89,700
2016 $2,956 $95,000 $5,300 $89,700
2015 -- $95,000 $5,300 $89,700
2014 -- $95,000 $5,300 $89,700
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2012

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    253 Total Sales

    Kelly Patrone
    Section Image

  • M

    Buyer's Agent in 2012

    Merilyn Mang

    No Office Affiliation

    Section Image
See All Agents

Map

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

MLS Number: B406221

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-039-0004-023-000-0000

New York Cattaraugus County Olean 14760

616 Homer St, Olean, NY

Homes for Sale in Olean, NY

This home is located at 616 Homer St, Olean, NY 14760 since 19 April 2012 and is currently estimated at $156,623, approximately $118 per square foot. This property was built in 1870. 616 Homer St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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