NOT LISTED FOR SALE

704 King St Olean, NY 14760

Estimated Value: $192,000 - $235,000

3 Beds
2 Baths
1,832 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $158,200 $86 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,698/month

4 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • 1 Fireplace
  • 0.42 Acre Lot
  • Old Style Architecture
  • Bonus Room

About This Home

As of November 2020

Welcome to 704 King Street, a well maintained three bed/two bath home with an enclosed porch, back deck, large yard, and a 2.5 car garage. Plenty of space to unload in the foyer/mudroom which links house and garage, and enjoy the open living/kitchen area that features timeless Quartz countertops. Additional living room and bonus area to create your own space. The Master bedroom features a large closet and there is additional hookups for laundry on the first floor. This is a must see and ready for its new owner to enjoy. Two additional refrigerators in the partially finished basement with separate workshop stay. Pellet stove in basement for additional heating option. There is another connecting basement with utilities and abundant storage area. Walk up attic with even more storage! The natural light in this home will embrace you and the attached deck is perfect for relaxing, BBQ, and entertaining before hitting the pool on a hot day!

Last Agent to Sell the Property

Amy Henzel

Listing by ERA Team VP Real Estate License #10401317441 Listed on: 06/27/2020

ERA Team VP Real Estate

Last Buyer's Agent

Travis Thurston

Listing by Landquest Inc. License #10301222583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,714

Year Built

  • Built in 1925

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 125 x 145

Home Design

  • Old Style Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,832 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Living
  • Formal Dining Room
  • Bonus Room
  • Workshop

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 041200-094-059-0004-070-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,714

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 105000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 145
  • Lot Information: Primary Road
  • Lot Number: 70
  • Nearest Cross Street: Prospect Avenue
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 380197.07
  • Ratio Close Price By Sq Ft: 86.35
  • Ratio List Price By Acres: 372266.28
  • Ratio List Price By Sq Ft: 84.55
  • Regional Board Code: Buffalo
  • Roof Description: Shingles
  • School Tax: 2762
  • Styles of Residence: Old Style
  • Sub Board Code: Buffalo
  • Type of Sale: Relocation
  • Year Built Description: Existing
  • Lot Sq Ft: 18125
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: From Prospect Avenue, turn right on King Street. Property is on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Bonus Room, Family Room, Laundry-1st Floor, Laundry-Basement, Living Room, Master Bedroom Bath, Porch - Enclosed, Workshop
  • Attic Description: Stair Access
  • Basement Description: Full, Partially Finished
  • Floor Description: Laminate-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Gas, Refrigerator, Washer
  • Kitchen Dining Description: Breakfast Bar, Formal Dining Room, Kitchen/Family Room Combo, Pantry, Quartz Counter
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Pellet: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 12
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1832

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck, Garage Door Opener, Pool-Above Ground
  • Number of Acres: 0.4161

Garage/Parking

  • Driveway Description: Blacktop, Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 2.5000

Utilities

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

Lot Info

  • Parcel Number: 041200-094-059-0004-070-000-0000

Tax Info

  • Total Taxes: 5714

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
Jun 27, 2020
Closed on
Oct 28, 2020
Sold by
Camp Brad F and Camp Katie A
Bought by
Mcknight Dean R and Mcknight Corinna K
Seller's Agent
Amy Henzel
ERA Team VP Real Estate
Buyer's Agent
Travis Thurston
Landquest Inc.
List Price
$154,900
Sold Price
$158,200
Premium/Discount to List
$3,300
2.13%
Current Estimated Value
$219,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,185
Avg. Annual Appreciation
6.25%
Original Mortgage
$98,200
Outstanding Balance
$87,384
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,426

Purchase Details

Closed on
Jun 21, 2005
Sold by
Bartholomew Joseph
Bought by
Camp Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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
Mcknight Dean R $158,500 None Available
Camp Brad $122,500 Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcknight Dean R $98,200
Previous Owner Camp Brad $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $158,200 +2.1% $86 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $154,900 -- $85 / 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 $6,534 $105,000 $11,900 $93,100
2023 $3,836 $105,000 $11,900 $93,100
2022 $3,887 $105,000 $11,900 $93,100
2021 $4,126 $105,000 $11,900 $93,100
2020 $3,514 $105,000 $11,900 $93,100
2019 $1,576 $105,000 $11,900 $93,100
2018 $5,023 $105,000 $11,900 $93,100
2017 $3,580 $105,000 $11,900 $93,100
2016 $3,516 $105,000 $11,900 $93,100
2015 -- $105,000 $11,900 $93,100
2014 -- $105,000 $11,900 $93,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1274868

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-059-0004-070-000-0000