NOT LISTED FOR SALE

716 Washington St Olean, NY 14760

Estimated Value: $81,355 - $108,000

2 Beds
1 Bath
1,100 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2015

Last sale price $9,000 $8 Per Sq Ft

Est. 951% increase in value since last sale

Current estimated payment $641 / mo

125 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Forced Air Heating System
  • Wood Flooring
  • Laundry Room
  • 4-minute walk to Oak Hill Park

About This Home

As of April 2015

This priced needs some TLC. It is priced to sell in the teens. It has two bedrooms and one full bathroom. There is off street parking. Call today for more details.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 12/05/2014

Howard Hanna Professionals - Olean

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 37x87
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • No Garage
  • Gravel Driveway

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0004-067-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On the corner of Washington Street and North 7th Street.
  • Architectural Style: Traditional
  • Flooring: Hardwood, Linoleum, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Dining Area, Separate/Formal Dining Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-064-0004-067-000-0000
  • Lot Dimensions: 37X87
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2245.0

MLS Schools

  • Elementary School: Washington West Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Apr 22, 2015
Sold by
Olean Area Federal Cu
Bought by
Barlett Linda
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$19,900
Sold Price
$9,000
Premium/Discount to List
-$10,900
-54.77%
Current Estimated Value
$94,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,589
Avg. Annual Appreciation
23.70%

Purchase Details

Closed on
Aug 14, 2009
Sold by
Scull Daniel
Bought by
Backer Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Wilson Stella
Bought by
Scull Daniel

Purchase Details

Closed on
Jun 27, 2003
Sold by
Wilson Stella E
Bought by
Chamberlain Joseph R
Source: Public Records
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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
Barlett Linda $9,000 Gregory Shemeld
Backer Allen $38,000 Daniel Derose
Scull Daniel $37,000 Daniel Derose
Chamberlain Joseph R $13,500 Gregory Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Backer Allen $30,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2015 04/23/15 Sold $9,000 -54.8% $8 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $19,900 -- $18 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,631 $42,500 $2,800 $39,700
2024 $2,687 $42,500 $2,800 $39,700
2023 $1,600 $42,500 $2,800 $39,700
2022 $1,623 $42,500 $2,800 $39,700
2021 $1,670 $42,500 $2,800 $39,700
2020 $1,682 $42,500 $2,800 $39,700
2019 $638 $42,500 $2,800 $39,700
2018 $2,293 $42,500 $2,800 $39,700
2017 $1,723 $42,500 $2,800 $39,700
2016 $1,704 $42,500 $2,800 $39,700
2015 -- $42,500 $2,800 $39,700
2014 -- $42,500 $2,800 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B465530

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-067-000-0000

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