NOT LISTED FOR SALE

720 Hoop St Olean, NY 14760

Estimated Value: $70,000 - $99,000

3 Beds
1.5 Baths
1,600 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $40,000 $25 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $555/month

100 Days on Market

Highlights

  • Den
  • 1 Car Detached Garage
  • Wall to Wall Carpet
  • Formal Dining Room
  • Forced Air Cooling System
  • 2-minute walk to Forness Park

About This Home

As of October 2020

Two story, three bedroom home with 1.5 baths in a nice neighborhood with a black top driveway and a one car detached garage. Big back yard leads to Forness Park and Forness Pond. First floor laundry room and large walk in closet upstairs. Some TLC would make this a great place to call home.

Last Agent to Sell the Property

Rebecca Laborde

Listing by EXP-Premier Listings Team License #10401331095 Listed on: 03/17/2020

Last Buyer's Agent

Rebecca Laborde

Listing by EXP-Premier Listings Team License #10401331095 Listed on: 03/17/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 150 x 50

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Laundry on main level

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 041200-094-074-0001-004-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 53500
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 4
  • Nearest Cross Street: Rowland
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 232288.04
  • Ratio Close Price By Sq Ft: 25.00
  • Ratio List Price By Acres: 243902.44
  • Ratio List Price By Sq Ft: 26.25
  • Regional Board Code: Buffalo
  • School Tax: 1407
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7500
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Take East State St to Rowland. Take a left onto Hoop St. Home is on the right.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Den/Study, Laundry-1st Floor
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Electric
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1600

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1722

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC Unit-Window, Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Condo/Co-op/Association

  • HOA Payment Frequency: None

Lot Info

  • Parcel Number: 041200-094-074-0001-004-000-0000

Tax Info

  • Total Taxes: 2918

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Sep 29, 2020
Sold by
Miller Arlene M
Bought by
Paone Gabriel M and Colton Erin M
Seller's Agent
Rebecca Laborde
EXP-Premier Listings Team
Buyer's Agent
Rebecca Laborde
EXP-Premier Listings Team
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%
Current Estimated Value
$88,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,942
Avg. Annual Appreciation
16.65%
Original Mortgage
$30,000
Outstanding Balance
$21,516
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,427
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paone Gabriel M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paone Gabriel M $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $40,000 -4.8% $25 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $42,000 0.0% $26 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $42,000 -- $26 / 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 $3,383 $53,500 $5,200 $48,300
2023 $2,014 $53,500 $5,200 $48,300
2022 $2,043 $53,500 $5,200 $48,300
2021 $2,102 $53,500 $5,200 $48,300
2020 $2,117 $53,500 $5,200 $48,300
2019 $803 $53,500 $5,200 $48,300
2018 $2,886 $53,500 $5,200 $48,300
2017 $2,168 $53,500 $5,200 $48,300
2016 $2,145 $53,500 $5,200 $48,300
2015 -- $53,500 $5,200 $48,300
2014 -- $53,500 $5,200 $48,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: B1257380

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-074-0001-004-000-0000