NOT LISTED FOR SALE

718 Genesee St Olean, NY 14760

Estimated Value: $135,000 - $152,000

4 Beds
2 Baths
1,207 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $67,600 $56 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $942/month

88 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Woodwork
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Forced Air Cooling System

About This Home

As of October 2013

PRICED BELOW ASSESSED VALUE AND LARGER THAN IT LOOKS! BEAUTIFUL KNOTTY PINE WALLS AND CABINETRY ADD TO THE CHARM OF THIS 3 - 4 BEDROOM, 2 BATH RANCH ON A NICELY LANDSCAPED 1/4 ACRE LOT. THE BASEMENT IS PARTIALLY FINISHED FOR ADDITIONAL LIVING SPACE. RELAX ON THE ENCLOSED FRONT SUNPORCH OR ON THE REAR COVERED PATIO. THE LIVINGROOM BOASTS A WOODBURNING BRICK FIREPLACE AND NATURAL WOOD FLOORING. PLAN YOUR MEALS FOR THE SPACIOUS EAT-IN KITCHEN. PARK YOUR CAR IN THE ATTACHED GARAGE. DON'T MISS OUT ON THIS DEAL, AS IT MAY BE ONE OF THE BEST BUYS AROUND!

Last Agent to Sell the Property

Tina Dillon

Listing by Keller Williams Realty Lancaster License #40DI0668381 Listed on: 05/21/2013

Keller Williams Realty Lancaster

Last Buyer's Agent

Margie Kandefer

Listing by Howard Hanna Professionals - Ellicottville License #40KA1070027

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 165 x 75
  • Rectangular Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Laundry in Basement
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-050-0003-016-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Age: 65
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 73000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 165
  • Lot Dimension Front: 75
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 249642.8600
  • List Price per Sq Ft: 57.9121
  • Nearest Cross Street: Main Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 241428.57
  • Ratio Close Price By Sq Ft: 56.01
  • Ratio List Price By Acres: 249642.86
  • Ratio List Price By Sq Ft: 57.91
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1753
  • Sale Price List Price: 0.9670
  • S P Per Acre: 241428.5700
  • S P Per Sq Ft: 56.0100
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 74
  • Year Built: 1948
  • Directions To Property: Main Street to Genesee. Up approximately 3/4 mile on the right. Sign
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, 1st Floor Master Bedroom, Basement / Rec Room, Laundry-Basement, Living Room, Porch - Enclosed
  • Attic Description: Crawl Space
  • Basement Description: Crawl Space, Partial, Partially Finished
  • Floor Description: Linoleum/Vinyl, Wood-Some
  • Kitchen Appliances Included: Dryer, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Eat-In, Pantry
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Full Bathrooms in the Basement: 1
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1207

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available, Patio
  • Number of Acres: 0.2800

Garage/Parking

  • Driveway Description: Parking Area, Stone/Gravel, Turnaround
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-050-0003-016-000-0000

Tax Info

  • Total Taxes: 3726

MLS Schools

  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Oct 25, 2013
Sold by
Busack, Barbara J., Executor Of The Last
Bought by
Sanchirico Christopher
Seller's Agent
Tina Dillon
Keller Williams Realty Lancaster
Buyer's Agent
Margie Kandefer
Howard Hanna Professionals - Ellicottville
List Price
$72,900
Sold Price
$67,600
Premium/Discount to List
-$5,300
-7.27%
Current Estimated Value
$143,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,816
Avg. Annual Appreciation
6.76%
Original Mortgage
$67,600
Outstanding Balance
$49,909
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$97,684
Source: Public Records

Range of Values:

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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
Sanchirico Christopher $64,896 Gregory E. Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchirico Christopher $67,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $67,600 -7.3% $56 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $72,900 -- $60 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $2,186 $73,000 $19,300 $53,700
2023 $2,748 $73,000 $19,300 $53,700
2022 $2,788 $73,000 $19,300 $53,700
2021 $2,869 $73,000 $19,300 $53,700
2020 $2,248 $73,000 $19,300 $53,700
2019 $1,096 $73,000 $19,300 $53,700
2018 $3,297 $73,000 $19,300 $53,700
2017 $2,283 $73,000 $19,300 $53,700
2016 $2,233 $73,000 $19,300 $53,700
2015 -- $73,000 $19,300 $53,700
2014 -- $73,000 $19,300 $53,700
Source: Public Records

Agents Affiliated with this Home

  • Tina Dillon

    Seller's Agent in 2013

    Tina Dillon

    Keller Williams Realty Lancaster

    (716) 474-5646

    12 in this area

    306 Total Sales

    Tina Dillon
    Section Image

  • M

    Buyer's Agent in 2013

    Margie Kandefer

    Howard Hanna Professionals - Ellicottville

    (716) 945-5848

    3 in this area

    18 Total Sales

    Margie Kandefer
    Section Image
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Map

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

MLS Number: B430377

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0003-016-000-0000

New York Cattaraugus County Olean 14760

718 Genesee St, Olean, NY

This home is located at 718 Genesee St, Olean, NY 14760 since 21 May 2013 and is currently estimated at $143,416, approximately $118 per square foot. This property was built in 1948. 718 Genesee St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

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