NOT LISTED FOR SALE

707 E Spring St Olean, NY 14760

Estimated Value: $74,000 - $106,000

2 Beds
1 Bath
810 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $35,000 $43 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $567/month

31 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Eat-In Kitchen
  • Full Attic
  • 1 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of August 2015

Great 2 bedroom 1 bath ranch with a large yard in very desirable area. Breezeway between garage and house is ideal for cold or rainy weather. Furnace new in 2015 and newer windows. Low taxes and heat costs. This could be your dream house. Priced in the 40's.

Last Listed By

John Skadowski

Listing by Howard Hanna Professionals License #40SK1093971 Listed on: 06/05/2015

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 145 x 60
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Full Attic
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Crawl Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-059-0006-038-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Age: 63
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 145
  • Lot Dimension Front: 60
  • Lot Information: Secondary Road
  • L P Per Acre: 215000.0000
  • List Price per Sq Ft: 53.0864
  • Nearest Cross Street: Queen Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 175000.00
  • Ratio Close Price By Sq Ft: 43.21
  • Ratio List Price By Acres: 215000.00
  • Ratio List Price By Sq Ft: 53.09
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1261
  • Sale Price List Price: 0.8139
  • S P Per Acre: 175000.0000
  • S P Per Sq Ft: 43.2100
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 43000.00
  • Year Built Description: Existing
  • Age of Building: 70
  • Year Built: 1952
  • Directions To Property: Front Street to right on Spring Street House on left
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor
  • Attic Description: Full
  • Basement Description: Crawl Space, Exterior Walkout
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 810

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Partially Fenced Yard, Thermal Windows - Some
  • Number of Acres: 0.2000

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-059-0006-038-000-0000

Tax Info

  • Total Taxes: 2639

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2018
Sold by
Sweet Lloyd and Sweet Yvonne
Bought by
Olson Jennifer L
Total Days on Market
31
Current Estimated Value
$86,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$35,238
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$54,511

Purchase Details

Closed on
Aug 3, 2018
Sold by
Sweet Lloyd and Sweet Yvonne
Bought by
Olson Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$35,238
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$54,511

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 26, 2015
Sold by
Rogers Richard A
Bought by
Sweet Falyn and Sweet
Seller's Agent
John Skadowski
Howard Hanna Professionals
Buyer's Agent
Yvette Jordan
No Office Affiliation
List Price
$47,000
Sold Price
$35,000
Premium/Discount to List
-$12,000
-25.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Puller Scott
Bought by
Rogers Richard

Purchase Details

Closed on
Dec 16, 2003
Sold by
Fusco Anna
Bought by
Puller Scott

Purchase Details

Closed on
Aug 25, 2000
Sold by
Fusco Anna
Bought by
Fusco Anna

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
Olson Jennifer L $45,000 None Available
Olson Jennifer L -- --
Sweet Falyn $35,000 Gregory E. Shemeld
Rogers Richard $45,000 Daniel Derose
Puller Scott $45,000 Daniel Palumbo
Fusco Anna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers Richard A $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2015 08/27/15 Sold $35,000 -25.5% $43 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $47,000 -- $58 / 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 $3,175 $50,000 $5,900 $44,100
2023 $1,882 $50,000 $5,900 $44,100
2022 $1,910 $50,000 $5,900 $44,100
2021 $1,965 $50,000 $5,900 $44,100
2020 $1,978 $50,000 $5,900 $44,100
2019 $1,306 $50,000 $5,900 $44,100
2015 -- $50,000 $5,900 $44,100
2014 -- $50,000 $5,900 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B476817

Western New York Real Estate Information Services (WNYREIS)

APN: 041200 94.059-6-38