NOT LISTED FOR SALE

648 Route 16 S Unit NYS Olean, NY 14760

Estimated Value: $154,000 - $174,000

5 Beds
2 Baths
1,676 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $91,670 $55 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,138/month

86 Days on Market

Highlights

  • 0.69 Acre Lot
  • Finished Attic
  • Formal Dining Room
  • Old Style Architecture
  • Full Attic
  • Enclosed Patio or Porch

About This Home

As of November 2019

Wonderful 3 bedroom 2 bathroom home located on Rock City. Enclosed front porch, large living room, formal dinning off of the kitchen. Finished attic with stair access, could be used for additional rooms or storage space. This property offers privacy and beautiful view but only minutes from downtown amenities. Call today for a private tour!!

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 06/24/2019

Howard Hanna Professionals - Olean

Last Buyer's Agent

Margie Kandefer

Listing by Howard Hanna Professionals - Ellicottville License #40KA1070027

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 1925

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 130 x 230

Home Design

  • Old Style Architecture
  • Block Foundation

Interior Spaces

  • 1,676 Sq Ft Home
  • 2.5-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Attic

  • Full Attic
  • Finished Attic

Parking

  • No Garage
  • Stone Driveway
  • Dirt Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 042089-103-003-0001-007-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,077

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Allegany-042089
  • Total Assessed Value: 90000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 230
  • Lot Information: Primary Road
  • Lot Number: 7
  • Nearest Cross Street: Two Mile
  • Number of Stories: 2.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 133551.86
  • Ratio Close Price By Sq Ft: 54.70
  • Ratio List Price By Acres: 129662.00
  • Ratio List Price By Sq Ft: 53.10
  • Regional Board Code: Rochester
  • School Tax: 1392
  • Styles of Residence: Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 29900
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: Rt 16 to the top of the hill before rock city on the left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 2
  • Additional Rooms: Laundry-1st Floor, Porch - Enclosed
  • Attic Description: Finished, Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms 3rd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 8
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 1676

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.6864

Garage/Parking

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

Utilities

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

Schools

  • School District: Allegany-Limestone

Lot Info

  • Parcel Number: 042089-103-003-0001-007-002-0000

Tax Info

  • Total Taxes: 3077

MLS Schools

  • School District Name: Allegany-Limestone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Nov 25, 2019
Sold by
Godbout Jerry T
Bought by
Dlugosz Andrew N
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$89,000
Sold Price
$91,670
Premium/Discount to List
$2,670
3%
Current Estimated Value
$161,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,888
Avg. Annual Appreciation
10.73%
Original Mortgage
$88,915
Outstanding Balance
$69,824
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$94,768

Purchase Details

Listed on
Jun 24, 2019
Closed on
Nov 22, 2019
Sold by
Godbout Jerry T
Bought by
Dlugosz Andrew N
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$89,000
Sold Price
$91,670
Premium/Discount to List
$2,670
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,915
Outstanding Balance
$69,824
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$94,768

Purchase Details

Closed on
May 2, 2008
Sold by
Roby Linda
Bought by
Godbout Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Dlugosz Andrew N $91,670 None Available
Dlugosz Andrew N $91,670 None Available
Godbout Jerry $80,000 Daniel A Derose
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dlugosz Andrew N $18,500
Open Dlugosz Andrew N $88,915
Closed Dlugosz Andrew N $88,915
Previous Owner Godbout Jerry $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $91,670 +3.0% $55 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $89,000 -- $53 / 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 $3,085 $90,000 $8,600 $81,400
2023 $3,084 $90,000 $8,600 $81,400
2022 $2,918 $90,000 $8,600 $81,400
2021 $2,949 $90,000 $8,600 $81,400
2020 $2,991 $90,000 $8,600 $81,400
2019 $811 $90,000 $8,600 $81,400
2018 $2,568 $90,000 $8,600 $81,400
2017 $2,303 $76,000 $6,200 $69,800
2016 $2,270 $76,000 $6,200 $69,800
2015 -- $76,000 $6,200 $69,800
2014 -- $76,000 $6,200 $69,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1204604

Chautauqua-Cattaraugus Board of REALTORS®

APN: 042089-103-003-0001-007-002-0000