NOT LISTED FOR SALE

712 Monroe St Olean, NY 14760

Estimated Value: $419,000 - $572,000

5 Beds
3 Baths
3,980 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $445,000 $112 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,100/month

Highlights

  • Second Garage
  • Wood Flooring
  • 2 Fireplaces
  • 0.44 Acre Lot
  • Partial Attic
  • Great Room

About This Home

As of June 2022

This home is located at 712 Monroe St, Olean, NY 14760 since 15 December 2021 and is currently estimated at $495,618, approximately $124 per square foot. This property was built in 1961. 712 Monroe St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Archbishop Walsh High School.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean License #40DW0994003 Listed on: 12/15/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,803

Year Built

  • Built in 1961

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 110 x 175

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,980 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Attic

  • Partial Attic
  • Scuttle Attic Hole

Parking

  • 3 Car Attached Garage
  • Second Garage

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 041200-094-042-0003-001-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,803

Year Built

Built in 1961

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 252200
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 175
  • Lot Information: Neighborhood Street
  • Lot Number: 1
  • Nearest Cross Street: Madison
  • Number of Stories: 1.5000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 1007015.16
  • Ratio Close Price By Sq Ft: 111.81
  • Ratio List Price By Acres: 1007015.16
  • Ratio List Price By Sq Ft: 111.81
  • Regional Board Code: Rochester
  • School Tax: 6694
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 19250
  • Age of Building: 61
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 2810
  • Directions To Property: Go down Main Street take a right on to Madison home is situated on the corner of Madison and Monroe.
  • Sq Ft Total Pub: 3980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Full Bathrooms: 3
  • Additional Rooms: Family Room, Great Room, Laundry-1st Floor, Living Room
  • Attic Description: Partial, Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dishwasher, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Formal Dining Room, Granite Counter, Island, Pantry
  • Number of Bedrooms 1st Floor: 2
  • Number of Bedrooms 2nd Floor: 3
  • Number of Fireplaces Gas: 2
  • Number of Fireplaces Total Calculated: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 2
  • Number of Rooms: 10
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Total Sq Ft: 3980

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.4419

Garage/Parking

  • Driveway Description: Blacktop, Double Wide
  • Garage Description: 2nd Garage, Attached
  • Number of Garage Spaces: 3.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Baseboard
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-042-0003-001-000-0000

Tax Info

  • Total Taxes: 13803

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jun 3, 2022
Sold by
Schmidt Mark and Schimt Anita
Bought by
Gingerich Jeffrey P and Gingerich Elizabeth G
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$495,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,618
Avg. Annual Appreciation
3.06%
Original Mortgage
$400,500
Outstanding Balance
$380,542
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,076

Purchase Details

Closed on
Aug 7, 2008
Sold by
Hennessy John
Bought by
Schmidt Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gingerich Jeffrey P $445,000 None Available
Schmidt Mark $277,000 Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingerich Jeffrey P $400,500
Previous Owner Schmidt Mark $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $445,000 0.0% $112 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $445,000 -- $112 / 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 $15,946 $252,200 $25,200 $227,000
2023 $9,495 $252,200 $25,200 $227,000
2022 $9,632 $252,200 $25,200 $227,000
2021 $9,910 $252,200 $25,200 $227,000
2020 $9,979 $252,200 $25,200 $227,000
2019 $3,786 $252,200 $25,200 $227,000
2018 $14,018 $252,200 $25,200 $227,000
2017 $15,933 $280,000 $25,200 $254,800
2016 $11,226 $280,000 $25,200 $254,800
2015 -- $280,000 $25,200 $254,800
2014 -- $280,000 $25,200 $254,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1381273

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-042-0003-001-000-0000