NOT LISTED FOR SALE

711 E Forest Ave Olean, NY 14760

Estimated Value: $183,000 - $246,000

3 Beds
1 Bath
1,575 Sq Ft
$141/Sq Ft Est. Value

Last Sold October 18, 2022

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

Est. 23% increase in value since last sale

Current estimated payment $1,404/month

7 Days on Market

Highlights

  • 3 Acre Lot
  • Cathedral Ceiling
  • Loft
  • Cape Cod Architecture
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of October 2022

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.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 07/26/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,925

Year Built

  • Built in 2000

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 108 x 140
  • Partially Fenced Property

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,575 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Living Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Shed

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 041200-094-050-0006-010-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,925

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 181000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 140
  • Lot Information: Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: Grandview Ave
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 60333.33
  • Ratio Close Price By Sq Ft: 114.92
  • Ratio List Price By Acres: 66633.33
  • Ratio List Price By Sq Ft: 126.92
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 4804
  • Styles of Residence: Cape Cod
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 15196
  • Age of Building: 22
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 1575
  • Directions To Property: From Front St, turn onto Prospect Ave, turn onto Grandview, the property is on the corner of Grandview Ave and Forest Hill Ave
  • Sq Ft Total Pub: 1575
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2000

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Two Story Foyer
  • Additional Rooms: 1st Floor Bedroom, Basement / Rec Room, Laundry-Basement, Living Room, Loft
  • Basement Description: Full, Partially Finished
  • Floor Description: Ceramic-Some, Hardwood-Some, Tile-Some, Vinyl-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1575

Exterior Features

  • Construction: Stone
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 3.0000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water, Multi-Zone
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-050-0006-010-000-0000

Tax Info

  • Total Taxes: 9925

MLS Schools

  • School District Name: Olean

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
$222,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,667
Avg. Annual Appreciation
4.79%
Original Mortgage
$95,500
Outstanding Balance
$92,031
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,636

Purchase Details

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

Range of Values:

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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 Change Sq Ft Price
10/18/2022 10/18/22 Sold $181,000 -9.5% $115 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $199,900 -- $127 / 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 $10,921 $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

    329 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

    321 Total Sales

    Claudia Attard-Keary
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1423222

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0006-010-000-0000

New York Cattaraugus County Olean 14760

711 E Forest Ave, Olean, NY

This home is located at 711 E Forest Ave, Olean, NY 14760 since 26 July 2022 and is currently estimated at $222,667, approximately $141 per square foot. This property was built in 2000. 711 E Forest Ave is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Archbishop Walsh High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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