NOT LISTED FOR SALE

711 E Forest Ave Olean, NY 14760

Estimated Value: $176,000 - $254,000

3 Beds
1 Bath
1,575 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2022

Last sale price $181,000 $115 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,447 / mo

About This Home

Incredibly unique opportunity to own an Irish-style Cottage in Western NY. This 2-3 bedroom loft home has an incredible amount of attention to detail and is the only home built on Forest Hill Avenue. Situated on a beautiful 3 acres of land with wonderful landscaping, a very open floor plan, an incredible loft in the main living area, wood accents throughout, and a cozy brick gas fireplace with marble accents, you can appreciate the craftsmanship every day. This property even formerly had a thatched roof! With a basement that could easily be extra space and well-kept systems, including a multi-zone hot water baseboard heating system, this property is ready for you to move in and has more space than you would expect.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Oct 21, 2022
Sold by
Olean General Hospital
Bought by
Maurouard Eric and Burt Sarah
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$199,900
Sold Price
$181,000
Premium/Discount to List
-$18,900
-9.45%
Current Estimated Value
$228,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,091
Avg. Annual Appreciation
6.95%
Original Mortgage
$95,500
Outstanding Balance
$91,221
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,870

Purchase Details

Closed on
May 23, 2011
Sold by
Milliman Estate Mildred
Bought by
Olean General Hospital
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Maurouard Eric $181,000 None Available
Olean General Hospital -- Daniel Palumbo
Olean General Hospital -- Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maurouard Eric $95,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $181,000 -9.5% $115 / Sq Ft View Prior Sale
08/02/2022 08/02/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $199,900 -- $127 / Sq Ft

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
2025 $10,875 $184,000 $35,500 $148,500
2024 $10,875 $172,000 $35,500 $136,500
2023 $6,476 $172,000 $35,500 $136,500
2022 $2,032 $172,000 $23,500 $148,500
2021 $0 $172,000 $23,500 $148,500
2020 $0 $172,000 $23,500 $148,500
2019 $0 $172,000 $23,500 $148,500
2018 $0 $172,000 $23,500 $148,500
2017 $0 $172,000 $23,500 $148,500
2016 $0 $172,000 $23,500 $148,500
2015 -- $172,000 $23,500 $148,500
2014 -- $172,000 $23,500 $148,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Pezzimenti

    Seller's Agent in 2022

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    191 in this area

    328 Total Sales

    Paul Pezzimenti
    Section Image
  • Claudia Attard-Keary

    Buyer's Agent in 2022

    Claudia Attard-Keary

    EXP-Premier Listings Team

    (716) 307-8894

    175 in this area

    320 Total Sales

    Claudia Attard-Keary
    Section Image
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Map

New York Cattaraugus County Olean 14760

711 E Forest Ave, Olean, NY

Not Listed for Sale

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