$181,000
SOLD JAN 3, 2025

655 Prospect Ave Olean, NY 14760

3 Beds
2 Baths
1,458 Sq Ft
0.3 Acres

Recently Sold

$124 Per Sq Ft

5% Above List Price

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace
  • Deck
  • Main Floor Bedroom
  • Separate Formal Living Room

About This Home

As of January 2025

Cute and cozy 3 bedroom 2 bath Cape Cod. Spacious kitchen with Corian countertops and an eat in dining area. This home features a bedroom and remodeled full bath on the first floor and 2 bedrooms and remodeled bath on second floor. The basement can easily be finished off to entertain and heated by a pellet stove. Relax in the privacy on the back deck covered with a Kohler awning or on the patio, both overlooking a beautiful lot partially fenced in. The house boasts beautiful oak floors throughout. Sierra stone breezeway from garage to house.

Last Agent to Sell the Property

Mary Karst

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-8119 License #30KA0826754 Listed on: 09/20/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Carol Thomas

Listing by Howard Hanna Professionals - Ellicottville License #30TH0755390

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,901

Year Built

  • Built in 1947

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 65x200
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Awning
  • Sliding Doors
  • Separate Formal Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 041200-094-050-0006-036-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,901

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1947
  • Attribution Contact: 716-378-8119
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Front Street to Prospect Ave.
  • Architectural Style: Cape Cod
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Separate/Formal Living Room, Sliding Glass Door(s), Solid Surface Counters, Bedroom on Main Level
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 0.2984
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Awning(s), Blacktop Driveway, Deck, Fence, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-050-0006-036-000-0000
  • Lot Dimensions: 65X200
  • Lot Size Sq Ft: 13000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4901.0
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Jan 2, 2025
Sold by
Kayes Patrick T and Frankovich Joseph J
Bought by
Lanier Tammy
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Carol Thomas
Howard Hanna Professionals - Ellicottville
List Price
$172,900
Sold Price
$181,000
Premium/Discount to List
$8,100
4.68%
Views
13
Current Estimated Value
$183,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,473
Avg. Annual Appreciation
1.39%
Original Mortgage
$162,900
Outstanding Balance
$161,775
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,698

Purchase Details

Listed on
Mar 17, 2018
Closed on
Oct 17, 2018
Sold by
Nicole M Heiser Of The A and Heiser Nicole M
Bought by
Kayes Patrick T
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$139,000
Sold Price
$132,500
Premium/Discount to List
-$6,500
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$106,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 17, 2018
Closed on
Oct 15, 2018
Sold by
Nicole M Heiser Of The A and Heiser Nicole M
Bought by
Kayes Patrick T
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$139,000
Sold Price
$132,500
Premium/Discount to List
-$6,500
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 17, 2018
Closed on
Sep 6, 2018
Sold by
Heiser Tr
Bought by
Kayes Patrick T and Frankovich Joseph J
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Mary Karst
Howard Hanna Professionals - Olean
List Price
$139,000
Sold Price
$132,500
Premium/Discount to List
-$6,500
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 25, 2009
Sold by
Nudd Anthony
Bought by
Nudd Anthony

Purchase Details

Closed on
Mar 28, 2000
Sold by
Bubb Maxine C
Bought by
Bubb Maxine
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 Type Sale Price Title Company
Warranty Deed $181,000 None Available
Deed $132,500 None Available
Deed $132,500 None Available
Deed $132,500 --
Deed $132,500 --
Deed $132,500 --
Deed -- Kameron Brooks
Deed -- Kameron Brooks
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,900 Purchase Money Mortgage
Previous Owner $106,000 Unknown
Previous Owner $106,000 Unknown
Previous Owner $106,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2025 01/03/25 Sold $181,000 +4.7% $124 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $172,900 +30.5% $119 / Sq Ft
10/18/2018 10/18/18 Sold $132,500 -4.6% $91 / Sq Ft View Prior Sale
08/07/2018 08/07/18 Pending -- -- --
05/14/2018 05/14/18 Price Changed $138,900 -0.1% $95 / Sq Ft
03/17/2018 03/17/18 For Sale $139,000 -- $95 / 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 $5,817 $92,000 $19,400 $72,600
2023 $3,464 $92,000 $19,400 $72,600
2022 $3,514 $92,000 $19,400 $72,600
2021 $3,615 $92,000 $19,400 $72,600
2020 $3,640 $92,000 $19,400 $72,600
2019 $1,221 $92,000 $19,400 $72,600
2018 $3,091 $92,000 $19,400 $72,600
2017 $1,951 $92,000 $19,400 $72,600
2016 $1,917 $92,000 $19,400 $72,600
2015 -- $92,000 $19,400 $72,600
2014 -- $92,000 $19,400 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1566801

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0006-036-000-0000