NOT LISTED FOR SALE

703 Hoop St Olean, NY 14760

Estimated Value: $81,000 - $99,000

3 Beds
1.5 Baths
1,302 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $89,000 $68 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $587/month

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Separate Formal Living Room
  • 2-minute walk to Forness Park

About This Home

As of May 2024

This Cape Cod 3 bedroom sits on a large corner lot with a detached 3 car garage! There is a fenced in yard perfect for entertaining. This home sits in a quiet neighborhood with a local park within walking distance. All three bedrooms have large walk-in closets. Enjoy all four seasons in the back sunroom that has heating available. There are several vintage items that could be included as part of the sale. With some udpates, this house could be the home you have been looking for.

Last Agent to Sell the Property

Christine Calbi

Listing by EXP-Premier Listings Team Brokerage Phone: 716-907-7205 License #10401373976 Listed on: 03/09/2024

Last Buyer's Agent

Tina Perkins

Listing by EXP-Premier Listings Team License #10401371041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1940

Lot Details

  • 9,582 Sq Ft Lot
  • Lot Dimensions are 50x191
  • Property is Fully Fenced
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 1 Fireplace
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Sun or Florida Room
  • Country Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 041200-094-066-0001-037-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,070

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1940
  • Attribution Contact: 716-907-7205
  • ResoLaundryFeatures: In Basement, Main Level
  • Lot Features: Corner Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From E State Street, turn at the light by Pool Mart. House is on the left just before the stop sign. Pull in the driveway with the 3 car garage.
  • Architectural Style: Cape Cod
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Central Vacuum, Separate/Formal Living Room, Country Kitchen, Sliding Glass Door(s)
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater, See Remarks
  • Basement: Exterior Entry, Full, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Fencing: Full
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding, Copper Plumbing
  • Exterior Features: Concrete Driveway, Fully Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Open, Porch

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Detached, Electricity, Storage, Garage Door Opener

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-066-0001-037-000-0000
  • Lot Dimensions: 50X191
  • Lot Size Sq Ft: 9582.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3070.0
  • Tax Lot: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
May 10, 2024
Sold by
Garl Virginia M Est and Kline
Bought by
Vincent Sherry L
Seller's Agent
Christine Calbi
EXP-Premier Listings Team
Buyer's Agent
Tina Perkins
EXP-Premier Listings Team
List Price
$85,000
Sold Price
$89,000
Premium/Discount to List
$4,000
4.71%
Views
16
Current Estimated Value
$94,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,018
Avg. Annual Appreciation
3.42%
Original Mortgage
$86,330
Outstanding Balance
$85,106
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,912
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vincent Sherry L $89,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Sherry L $86,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $89,000 +4.7% $68 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $85,000 -- $65 / 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 $3,920 $62,000 $5,700 $56,300
2023 $2,334 $62,000 $5,700 $56,300
2022 $2,185 $62,000 $5,700 $56,300
2021 $2,436 $62,000 $5,700 $56,300
2020 $709 $62,000 $5,700 $56,300
2019 $698 $62,000 $5,700 $56,300
2018 $1,403 $62,000 $5,700 $56,300
2017 $757 $62,000 $5,700 $56,300
2016 $743 $62,000 $5,700 $56,300
2015 -- $62,000 $5,700 $56,300
2014 -- $62,000 $5,700 $56,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christine Calbi

    EXP-Premier Listings Team

    (716) 907-7205

    14 in this area

    30 Total Sales

    Christine Calbi
    Section Image

  • T

    Buyer's Agent in 2024

    Tina Perkins

    EXP-Premier Listings Team

    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1525247

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-066-0001-037-000-0000

New York Cattaraugus County Olean 14760

703 Hoop St, Olean, NY

Not Listed for Sale

Detached

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