NOT LISTED FOR SALE

709 N Union St Olean, NY 14760

Estimated Value: $45,000 - $147,846

5 Beds
1.5 Baths
2,268 Sq Ft
$40/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $35,000 $15 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $572/month

100 Days on Market

Highlights

  • Wood Flooring
  • Combination Dining and Living Room
  • Wood Siding
  • Forced Air Heating System

About This Home

As of July 2024

This house is in a great location in Olean NY, Cattaraugus County.

The house has 5 bedrooms, 1.5 bathrooms, and 2,268 sq. ft.  It is a well-built 2 story house with a full basement.  The house does need some repairs but it has lots of potential.  Great backyard to build a deck and enjoy watching kids and pets play.  The house includes public water and sewer.  The lot size is 0.21 acres.

This house is located right across the street from a park, the Olean School District and downtown Olean are within walking distance, and less than a mile from Olean General Hospital.

Great opportunity to transform this into your dream family home!

Last Agent to Sell the Property

Travis Thurston

Listing by Landquest Inc. Brokerage Phone: 585.386.9413 License #10301222583 Listed on: 02/05/2024

Last Buyer's Agent

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x160

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • No Garage
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-049-0004-020-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1915
  • Attribution Contact: 585.386.9413
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Route 16 turn onto N. Union St., property is on the left.
  • Architectural Style: Two Story
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Living/Dining Room, Other, See Remarks
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage

Utilities

  • 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: 041200-094-049-0004-020-000-0000
  • Lot Dimensions: 50X160
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3897.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jul 17, 2024
Sold by
Spears Sheila L and Spears James A
Bought by
Atwater Michelle R
Seller's Agent
Travis Thurston
Landquest Inc.
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$57,500
Sold Price
$35,000
Premium/Discount to List
-$22,500
-39.13%
Views
281
Current Estimated Value
$90,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,962
Avg. Annual Appreciation
69.25%

Purchase Details

Closed on
Jan 3, 2008
Sold by
Favro Laura
Bought by
Spears James

Purchase Details

Closed on
Jan 7, 1999
Source: Public Records

Range of Values:

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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
Atwater Michelle R $35,000 None Available
Spears James $45,000 Gregory Shemeld
Spears James $45,000 Gregory Shemeld
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $35,000 -29.9% $15 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $49,900 -13.2% $22 / Sq Ft
02/05/2024 02/05/24 For Sale $57,500 -- $25 / Sq Ft
Source: Cortland County 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 $3,968 $47,000 $5,400 $41,600
2023 $1,769 $47,000 $5,400 $41,600
2022 $1,795 $47,000 $5,400 $41,600
2021 $1,847 $47,000 $5,400 $41,600
2020 $4,002 $47,000 $5,400 $41,600
2019 $705 $47,000 $5,400 $41,600
2018 $4,645 $47,000 $5,400 $41,600
2017 $4,024 $47,000 $5,400 $41,600
2016 $3,224 $47,000 $5,400 $41,600
2015 -- $47,000 $5,400 $41,600
2014 -- $47,000 $5,400 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1519853

Cortland County Board of REALTORS®

APN: 041200-094-049-0004-020-000-0000