$7,100
SOLD NOV 10, 2016

616 Washington St Olean, NY 14760

4 Beds
2 Baths
1,666 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

81% Below List Price

187 Days on Market

Highlights

  • 1 Fireplace
  • Den
  • Forced Air Cooling System
  • Corner Lot
  • 2 Car Detached Garage
  • 3-minute walk to Oak Hill Park

About This Home

As of October 2024

Property Sold AS-IS. Pre-Approval or Proof of Funds, Contract Addendum, and Lead Paint Disclosure MUST be submitted with ALL offers. No Search or Survey provided. Buyer pays Transfer Tax. Property is in Auction Status. This property would not take much to make into two apartments.

Last Agent to Sell the Property

Ronald Frazier

Listing by Real Estate Pros & More License #10401229681 Listed on: 03/16/2016

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60 x 78
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Den
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-064-0004-043-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 106
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 58900
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 60
  • Lot Dimension Front: 78
  • Lot Information: Corner Lot
  • L P Per Acre: 68181.8200
  • List Price per Sq Ft: 4.5018
  • Nearest Cross Street: N. 6th St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 64545.45
  • Ratio Close Price By Sq Ft: 4.26
  • Ratio List Price By Acres: 40909.09
  • Ratio List Price By Sq Ft: 2.70
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1509
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 7500.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: From W. State St. turn North onto N. 6th St. Go one block and home is in the NE corner.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Den/Study
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Dining Description: Breakfast Bar, Living/Dining Combo, Pantry
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 10
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1666

Exterior Features

  • Number of Acres: 0.1100

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-043-000-0000

Tax Info

  • Total Taxes: 3133

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Sep 17, 2024
Sold by
Judkins Casey G and Judkins Corey S
Bought by
Sweed Tyler R
Seller's Agent
Caitlin Croft
Iconic Real Estate
Buyer's Agent
Caitlin Croft
Iconic Real Estate
List Price
$174,500
Sold Price
$178,610
Premium/Discount to List
$4,110
2.36%
Views
92
Current Estimated Value
$177,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,019
Avg. Annual Appreciation
-0.41%

Purchase Details

Listed on
Mar 16, 2016
Closed on
Nov 8, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Judkins Casey G
Seller's Agent
Ronald Frazier
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$37,600
Sold Price
$7,100
Premium/Discount to List
-$30,500
-81.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.26%

Purchase Details

Closed on
Jan 19, 2016
Sold by
Gram Esq. Frederick J
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Aug 23, 2004
Sold by
Wells Laurie
Bought by
Kellogg Darrell

Purchase Details

Closed on
Mar 2, 2000
Sold by
Nevins Tamara Ann
Bought by
Wells Laurie A
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 Type Sale Price Title Company
Warranty Deed $179,000 None Available
Deed -- Pro Se
Deed -- Pro Se
Foreclosure Deed $47,000 Stiene & Associates Pc
Foreclosure Deed $47,000 Stiene & Associates Pc
Deed $56,000 Gregory Shemeld
Deed $56,000 Gregory Shemeld
Deed $50,000 Amiee Doyle
Deed $50,000 Amiee Doyle
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $178,610 +2.4% $107 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $174,500 +2357.7% $105 / Sq Ft
11/10/2016 11/10/16 Sold $7,100 -81.1% $4 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $37,600 -- $23 / 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 $2,945 $78,000 $3,700 $74,300
2023 $2,937 $78,000 $3,700 $74,300
2022 $419 $15,000 $3,700 $11,300
2021 $589 $15,000 $3,700 $11,300
2020 $1,293 $15,000 $3,700 $11,300
2019 $622 $15,000 $3,700 $11,300
2018 $3,812 $15,000 $3,700 $11,300
2017 $5,212 $58,900 $3,700 $55,200
2016 $2,361 $58,900 $3,700 $55,200
2015 -- $58,900 $3,700 $55,200
2014 -- $58,900 $3,700 $55,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B495429

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-043-000-0000