NOT LISTED FOR SALE

725 Barnum Rd Olean, NY 14760

Estimated Value: $139,000 - $246,000

2 Beds
1.5 Baths
1,152 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $69,000 $60 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,326/month

10 Days on Market

Highlights

  • Barn
  • 1.28 Acre Lot
  • Wooded Lot
  • Portville Elementary School Rated A-
  • Deck
  • Porch

About This Home

As of August 2015

This two bedroom home is located five minutes outside the city. It has over an acre of land that is partially wooded. The home has a large living area with a cathedral ceiling and an open floor plan. The living room leads out to the deck theta looks out into the woods. The home has an attached two car garage and a detached one car garage. This home is a must see. Priced in the 70's. Call today for a showing.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 06/12/2015

Howard Hanna Professionals - Olean

Last Buyer's Agent

Linda Simons

Listing by ERA Team VP Real Estate License #10301206822

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 340 x 185
  • Irregular Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Partial Basement
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Farming

  • Barn

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 046600-103-003-0002-059-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Additional Structures: Barn / Outbuilding, Shed/Storage
  • Age: 17
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 70500
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 340
  • Lot Dimension Front: 185
  • Lot Information: Wooded Lot
  • Lot Shape: Irregular
  • L P Per Acre: 61718.7500
  • List Price per Sq Ft: 68.5763
  • Nearest Cross Street: Route 16
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 53906.25
  • Ratio Close Price By Sq Ft: 59.90
  • Ratio List Price By Acres: 61718.75
  • Ratio List Price By Sq Ft: 68.58
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2280
  • Sale Price List Price: 0.8734
  • S P Per Acre: 53906.2500
  • S P Per Sq Ft: 59.9000
  • Styles of Residence: Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 79000.00
  • Year Built Description: Existing
  • Age of Building: 24
  • Year Built: 1998
  • Directions To Property: Turn left off Route 16 South onto Barnum Road. Home is on left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Sliding Glass Door
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor, Porch - Open
  • Basement Description: Partial
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas, Range Hood-Exhaust Fan, Refrigerator
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 2
  • Total Sq Ft: 1152

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener
  • Number of Acres: 1.2800

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 2.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 046600-103-003-0002-059-000-0000

Tax Info

  • Total Taxes: 3875

MLS Schools

  • Elementary School Name: East View Elementary
  • 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
Jun 12, 2015
Closed on
Aug 31, 2015
Sold by
Malone Estate William
Bought by
Thomson Debora L
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Linda Simons
ERA Team VP Real Estate
List Price
$79,000
Sold Price
$69,000
Premium/Discount to List
-$10,000
-12.66%
Current Estimated Value
$179,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,908
Avg. Annual Appreciation
9.23%
Original Mortgage
$55,000
Outstanding Balance
$42,744
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,440
Source: Public Records

Range of Values:

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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
Thomson Debora L $69,000 Daniel R. Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomson Debora L $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $69,000 -12.7% $60 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $79,000 -- $69 / 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 $4,460 $70,500 $5,300 $65,200
2023 $4,232 $70,500 $5,300 $65,200
2022 $4,159 $70,500 $5,300 $65,200
2021 $4,048 $70,500 $5,300 $65,200
2020 $4,087 $70,500 $5,300 $65,200
2019 $2,172 $70,500 $5,300 $65,200
2018 $4,086 $70,500 $5,300 $65,200
2017 $3,720 $70,500 $5,300 $65,200
2016 $3,763 $70,500 $5,300 $65,200
2015 -- $70,500 $5,300 $65,200
2014 -- $70,500 $5,300 $65,200
Source: Public Records

Agents Affiliated with this Home

  • Dennis Pezzimenti

    Seller's Agent in 2015

    Dennis Pezzimenti

    Howard Hanna

    (716) 378-8989

    28 in this area

    55 Total Sales

    Dennis Pezzimenti
    Section Image
  • Linda Simons

    Buyer's Agent in 2015

    Linda Simons

    ERA Team VP Real Estate

    (585) 610-5805

    14 in this area

    148 Total Sales

    Linda Simons
    Section Image
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Map

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

MLS Number: B477535

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-103-003-0002-059-000-0000

New York Cattaraugus County Olean 14760

725 Barnum Rd, Olean, NY

This home is located at 725 Barnum Rd, Olean, NY 14760 since 12 June 2015 and is currently estimated at $179,908, approximately $156 per square foot. This property was built in 1998. 725 Barnum Rd is a home located in Cattaraugus County with nearby schools including Portville Elementary School, Portville Junior/Senior High School, and Southern Tier Catholic School.

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