NOT LISTED FOR SALE

711 E Forest Ave Olean, NY 14760

Estimated Value: $211,000 - $259,681

3 Beds
1 Bath
1,575 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2022

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

Est. 34% increase in value since last sale

Current estimated payment $1,554 / mo

7 Days on Market

Highlights

  • 3 Acre Lot
  • Recreation Room
  • Wood Flooring
  • Cape Cod Architecture
  • Cathedral Ceiling
  • Main Floor Bedroom

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 140x108
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Copper Plumbing
  • Stone

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Separate Formal Living Room
  • Recreation Room
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 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

3 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2000
  • ResoLaundryFeatures: In Basement
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Front St, turn onto Prospect Ave, turn onto Grandview, the property is on the corner of Grandview Ave and Forest Hill Ave
  • Architectural Style: Cape Cod, Other, See Remarks
  • Flooring: Ceramic Tile, Hardwood, Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Bedroom on Main Level, Loft
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 3.0
  • Waterfront: No
  • Construction Type: Stone, Copper Plumbing
  • Exterior Features: Fence, Stamped Concrete Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Zoned
  • Heating: Gas, Zoned, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-050-0006-010-000-0000
  • Lot Dimensions: 140X108
  • Lot Size Sq Ft: 15196.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9925.0
  • Tax Lot: 10

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
$242,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,420
Avg. Annual Appreciation
8.55%
Original Mortgage
$95,500
Outstanding Balance
$91,221
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$151,199

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
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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

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 -- $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

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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

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