NOT LISTED FOR SALE

691 E Spring St Olean, NY 14760

Estimated Value: $137,000 - $225,000

3 Beds
1 Bath
1,260 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $15,500 $12 Per Sq Ft

Est. 1,091% increase in value since last sale

Current estimated payment $1,459/month

38 Days on Market

Highlights

  • 0.99 Acre Lot
  • L-Shaped Dining Room
  • Woodwork
  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Cooling System

About This Home

As of September 2016

PRIME CORNER 1 Acre LOT- right aross the street from Elementary school. Home had a fire in Jan/16. No structure damage, just fire/water in the main part of the home. Either renovate it- OR... Knock it down and build 2 homes- or put down modulars, Do senior/professional condos, apartments, etc The possibilities are ENDLESS! Call to view today! 2nd Property is 94.058-6-33 (683 Spring St)

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 06/20/2016

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 135 x 121
  • Corner Lot

Home Design

  • Block Foundation
  • Cedar

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Living Room
  • L-Shaped Dining Room
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Dirt Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-058-0006-032-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Age: 121
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 36000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 121
  • Lot Information: Corner Lot, Neighborhood Street
  • L P Per Acre: 25252.5300
  • List Price per Sq Ft: 19.8412
  • Nearest Cross Street: Alder
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 15656.57
  • Ratio Close Price By Sq Ft: 12.30
  • Ratio List Price By Acres: 25252.53
  • Ratio List Price By Sq Ft: 19.84
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1037
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 25000.00
  • Year Built Description: Existing
  • Age of Building: 128
  • Year Built: 1895
  • Directions To Property: front st to spring
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1895

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Natural Woodwork - some
  • Additional Rooms: Living Room
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Dining Description: Dining L
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1260

Exterior Features

  • Construction: Cedar
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.9900

Garage/Parking

  • Driveway Description: Dirt
  • 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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-058-0006-032-000-0000

Tax Info

  • Total Taxes: 2173

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2019
Sold by
Isaman Ronald V
Bought by
Ramire Nicholas B
Current Estimated Value
$184,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,103
Outstanding Balance
$137,178
Interest Rate
4.7%
Mortgage Type
Undefined Multiple Amounts
Estimated Equity
$47,374

Purchase Details

Closed on
Jan 2, 2019
Sold by
Isaman Ronald V and Isaman Jared F
Bought by
Ramire Nicholas B and Ramire Christina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,103
Outstanding Balance
$137,178
Interest Rate
4.7%
Mortgage Type
Undefined Multiple Amounts
Estimated Equity
$47,374

Purchase Details

Listed on
Jun 20, 2016
Closed on
Sep 19, 2016
Sold by
Wheeler Nancy C
Bought by
Isaman Ronald
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$25,000
Sold Price
$15,500
Premium/Discount to List
-$9,500
-38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.93%

Purchase Details

Closed on
Apr 12, 2011
Sold by
Wheeler Nancy
Bought by
Wheeler Nancy

Purchase Details

Closed on
Nov 6, 2002
Sold by
Wheeler Nancy
Bought by
Wheeler Nancy
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 Buyer Sale Price Title Company
Ramire Nicholas B $159,900 None Available
Ramire Nicholas B $159,900 None Available
Ramire Nicholas B -- --
Isaman Ronald $15,500 Brian Palumbo
Wheeler Nancy -- John Hart
Wheeler Nancy -- Donald Fish
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramire Nicholas B $65,000
Open Ramire Nicholas B $155,103
Closed Ramire Nicholas B $155,103
Closed Ramire Nicholas B $155,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $15,500 -38.0% $12 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $25,000 -- $20 / 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 $5,455 $144,500 $9,300 $135,200
2023 $5,440 $144,500 $9,300 $135,200
2022 $5,519 $144,500 $9,300 $135,200
2021 $5,678 $144,500 $9,300 $135,200
2020 $5,718 $144,500 $9,300 $135,200
2019 $233 $144,500 $9,300 $135,200
2018 $836 $15,500 $9,300 $6,200
2017 $628 $15,500 $9,300 $6,200
2016 $425 $36,000 $9,300 $26,700
2015 -- $36,000 $9,300 $26,700
2014 -- $36,000 $9,300 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B502649

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-058-0006-032-000-0000