NOT LISTED FOR SALE

640 Genesee St Olean, NY 14760

Estimated Value: $167,000 - $233,000

4 Beds
1.5 Baths
1,798 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $130,000 $72 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,246/month

152 Days on Market

Highlights

  • Cape Cod Architecture
  • Fenced Yard
  • Eat-In Kitchen
  • Home Office
  • Porch
  • Forced Air Cooling System

About This Home

As of August 2020

Move right in to this well maintained 4 bedroom 1.5 bath home in close proximity to the hospital and shopping. Spacious living room, separate dining room, with lots of natural light. Kitchen has lots of cabinetry and counter space. Breakfast bar for extra eating area. 3 large bedrooms upstairs with large bath that hosts the washer and dryer for added convenience. Full basement Fully fenced in backyard with shed. Owner willing to look at any reasonable offer

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 01/22/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 1938

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 137 x 80
  • Fenced Yard

Parking

  • No Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Home Office
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 041200-094-050-0003-011-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,039

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 129000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 137
  • Lot Dimension Front: 80
  • Lot Information: Neighborhood Street
  • Lot Number: 11
  • Nearest Cross Street: Main
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 514851.49
  • Ratio Close Price By Sq Ft: 72.30
  • Ratio List Price By Acres: 546534.65
  • Ratio List Price By Sq Ft: 76.75
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 3394
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 11000
  • Age of Building: 84
  • Year Built: 1938
  • Directions To Property: Main Street to Genesee. House is on the right
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1938

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Laundry-2nd Floor, Laundry-Basement, Living Room, Office, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Dryer, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1798

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Fully Fenced Yard
  • Number of Acres: 0.2525

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Lot Info

  • Parcel Number: 041200-094-050-0003-011-000-0000

Tax Info

  • Total Taxes: 7039

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Aug 10, 2020
Sold by
Mcclain Brittany N
Bought by
Winer Megan and Posmanick Benjamin
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Current Estimated Value
$199,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,522
Avg. Annual Appreciation
8.29%
Original Mortgage
$123,500
Outstanding Balance
$109,349
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,173

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 25, 2019
Sold by
Shembeda Cheryl A
Bought by
Mcclain Brittany N
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$134,500
Sold Price
$134,000
Premium/Discount to List
-$500
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.14%
Original Mortgage
$107,200
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 22, 2019
Sold by
Shembeda Cheryl A
Bought by
Mcclain Brittany N
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$134,500
Sold Price
$134,000
Premium/Discount to List
-$500
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 13, 2019
Sold by
Shembeda Cheryl A
Bought by
Mcclain Brittany N
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$134,500
Sold Price
$134,000
Premium/Discount to List
-$500
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 21, 2015
Closed on
Nov 19, 2015
Sold by
Bess Irrevocable Trust Frederick & Kathryn
Bought by
Shembeda Cheryl A
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$139,000
Sold Price
$132,000
Premium/Discount to List
-$7,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$105,920
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2015
Sold by
Bess Frederick G
Bought by
James C Beane Trustee Of The Frederick And and Irrevocable Kathyryn Bess

Purchase Details

Closed on
Oct 5, 1998
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winer Megan -- None Available
Mcclain Brittany N $134,000 None Available
Mcclain Brittany N $134,000 None Available
Mcclain Brittany N $134,000 --
Shembeda Cheryl A $132,400 John Hart
James C Beane Trustee Of The Frederick And -- Jeffrey Reisner
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winer Megan $123,500
Previous Owner Mcclain Brittany N $107,200
Previous Owner Mcclain Brittany N $107,200
Previous Owner Mcclain Brittany N $107,200
Previous Owner Shembeda Cheryl A $105,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2020 08/13/20 Sold $130,000 -5.8% $72 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
04/15/2020 04/15/20 Price Changed $138,000 -1.4% $77 / Sq Ft
01/22/2020 01/22/20 For Sale $139,900 +4.4% $78 / Sq Ft
03/22/2019 03/22/19 Sold $134,000 -0.4% $75 / Sq Ft View Prior Sale
02/08/2019 02/08/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $134,500 +1.9% $75 / Sq Ft
11/23/2015 11/23/15 Sold $132,000 -5.0% $73 / Sq Ft View Prior Sale
09/11/2015 09/11/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $139,000 -- $77 / 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 $8,156 $129,000 $18,500 $110,500
2023 $4,857 $129,000 $18,500 $110,500
2022 $4,927 $129,000 $18,500 $110,500
2021 $5,069 $129,000 $18,500 $110,500
2020 $5,104 $129,000 $18,500 $110,500
2019 $1,936 $129,000 $18,500 $110,500
2018 $6,959 $129,000 $18,500 $110,500
2017 $5,229 $129,000 $18,500 $110,500
2016 $5,172 $129,000 $18,500 $110,500
2015 -- $129,000 $18,500 $110,500
2014 -- $129,000 $18,500 $110,500
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2020

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    104 in this area

    237 Total Sales

    Kelly Patrone
    Section Image
  • Paul Pezzimenti

    Buyer's Agent in 2020

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    194 in this area

    334 Total Sales

    Paul Pezzimenti
    Section Image
  • Dennis Pezzimenti

    Seller's Agent in 2015

    Dennis Pezzimenti

    Howard Hanna

    (716) 378-8989

    24 in this area

    50 Total Sales

    Dennis Pezzimenti
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1247401

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0003-011-000-0000

New York Cattaraugus County Olean 14760

640 Genesee St, Olean, NY

Not Listed for Sale

Detached

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