NOT LISTED FOR SALE

650 Prospect Ave Olean, NY 14760

Estimated Value: $186,000 - $203,000

4 Beds
2.5 Baths
1,864 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $170,000 $91 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,380/month

68 Days on Market

Highlights

  • Deck
  • Private Yard
  • 2 Car Attached Garage
  • L-Shaped Dining Room
  • Porch
  • Woodwork

About This Home

As of July 2023

Step right into this move in ready gem that's waiting for someone to call home. Basement area features a wood burning fireplace with living room, bedroom, laundry area, and bath. Living/Kitchen area features an entrance foyer, an open wrap around plan with dining area and deck that overlooks the large back yard. Outdoor space is ready for you to landscape to your desire , sit on the covered patio and enjoy the quiet creek that runs out back. Plenty of storage room in this home! Minutes from downtown, hospital, and shopping. Perfect location for walking and biking.

Last Agent to Sell the Property

Amy Henzel

Listing by ERA Team VP Real Estate License #10401317441 Listed on: 01/26/2023

ERA Team VP Real Estate

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,794

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 140 x 80
  • Private Yard

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Family Room
  • L-Shaped Dining Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 041200-094-058-0002-023-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,794

Year Built

Built in 1979

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 106000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 80
  • Lot Information: Neighborhood Street, Primary Road
  • Lot Number: 23
  • Nearest Cross Street: Front Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 658914.73
  • Ratio Close Price By Sq Ft: 91.20
  • Ratio List Price By Acres: 767441.86
  • Ratio List Price By Sq Ft: 106.22
  • Regional Board Code: Buffalo
  • Roof Description: Asphalt
  • School Tax: 2796
  • Styles of Residence: Split Level
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 11240
  • Age of Building: 44
  • Garage Amenities: Electrical Service, Storage
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1304
  • Directions To Property: From Front Street run to Prospect Avenue
  • Sq Ft Total Pub: 1864
  • Attribution Contact: 716-560-8624
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room, Family Room, Foyer/Entry Hall, Laundry-Basement, Living Room, Porch - Open
  • Attic Description: Crawl Space
  • Basement Description: Finished, Full
  • Floor Description: Laminate-Some, Tile-Some
  • Kitchen Appliances Included: Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Dining L, Living/Dining Combo, Pantry
  • Number of Bedrooms 2nd Floor: 3
  • Number of Bedrooms Basement: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 11
  • Half Bathrooms: 1
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1864

Exterior Features

  • Construction: Brick, Wood
  • Additional Exterior Features: Deck, Garage Door Opener, Patio, Private Yard - see Remarks
  • Number of Acres: 0.2580

Garage/Parking

  • Driveway Description: Concrete, Stone/Gravel, Turnaround
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-058-0002-023-000-0000

Tax Info

  • Total Taxes: 5794

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Jul 5, 2023
Sold by
Ha Jk Llc
Bought by
Gayton Deon
Seller's Agent
Amy Henzel
ERA Team VP Real Estate
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$198,000
Sold Price
$170,000
Premium/Discount to List
-$28,000
-14.14%
Views
796
Current Estimated Value
$197,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,212
Avg. Annual Appreciation
8.17%
Original Mortgage
$136,000
Interest Rate
3%
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
Gayton Deon $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gayton Deon $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $170,000 -14.1% $91 / Sq Ft
04/05/2023 04/05/23 For Sale $198,000 0.0% $106 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/02/2023 04/02/23 Price Changed $198,000 -5.3% $106 / Sq Ft
02/21/2023 02/21/23 Price Changed $209,000 -4.6% $112 / Sq Ft
01/26/2023 01/26/23 For Sale $219,000 -- $117 / 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 $4,002 $106,000 $18,700 $87,300
2023 $3,991 $106,000 $18,700 $87,300
2022 $4,048 $106,000 $18,700 $87,300
2021 $4,165 $106,000 $18,700 $87,300
2020 $4,194 $106,000 $18,700 $87,300
2019 $1,594 $106,000 $18,700 $87,300
2018 $5,718 $106,000 $18,700 $87,300
2017 $2,821 $106,000 $18,700 $87,300
2016 $2,787 $106,000 $18,700 $87,300
2015 -- $106,000 $18,700 $87,300
2014 -- $106,000 $18,700 $87,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amy Henzel

    ERA Team VP Real Estate

    (716) 560-8624

    41 in this area

    71 Total Sales

    Amy Henzel
    Section Image
  • Regis Handley

    Buyer's Agent in 2023

    Regis Handley

    Howard Hanna

    (716) 307-9256

    115 in this area

    210 Total Sales

    Regis Handley
    Section Image
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Map

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

MLS Number: B1452096

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-058-0002-023-000-0000

New York Cattaraugus County Olean 14760

650 Prospect Ave, Olean, NY

This home is located at 650 Prospect Ave, Olean, NY 14760 since 26 January 2023 and is currently estimated at $197,212, approximately $105 per square foot. This property was built in 1979. 650 Prospect Ave is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

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