$107,000
SOLD NOV 20, 2023

745 N Union St Olean, NY 14760

3 Beds
1 Bath
1,092 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

21% Below List Price

113 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Porch

About This Home

As of November 2023

Welcome to this charming 3-bedroom, 1-bathroom house located on North Union St in the beautiful city of Olean, NY. This cozy home offers a comfortable living space with hardwood floors, a deck at the back, and a front porch overlooking a park. With its convenient location and attractive features, this house is perfect for those seeking a peaceful and comfortable living experience. The house provides ample space with three well-sized bedrooms, providing flexibility for a growing family or guests. The bathroom is conveniently located and well-maintained. The beautiful hardwood floors create a warm and inviting ambiance throughout the entire house. Outside, the deck at the back offers a great space for relaxation, entertaining, and enjoying outdoor activities. The front porch provides a perfect spot to sit and unwind while overlooking the neighboring park. The park adds a sense of tranquility and serves as an extended backyard.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 05/12/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1925

Lot Details

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

Parking

  • No Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,092 Sq Ft Home
  • 1.7-Story Property
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 041200-094-049-0004-013-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,040

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 56000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 13
  • Nearest Cross Street: Brook St
  • Number of Stories: 1.7000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 621370.50
  • Ratio Close Price By Sq Ft: 97.99
  • Ratio List Price By Acres: 679442.51
  • Ratio List Price By Sq Ft: 107.14
  • Regional Board Code: Rochester
  • School Tax: 1477
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7500
  • Age of Building: 98
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1092
  • Directions To Property: Union St to N Union St
  • Sq Ft Total Pub: 1092
  • Attribution Contact: 716-307-9256
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Laundry-1st Floor, Porch - Open
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 6
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1092

Exterior Features

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

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Payment Frequency: None

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-049-0004-013-000-0000

Tax Info

  • Total Taxes: 3040

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Nov 15, 2023
Sold by
Barnard Matthew E
Bought by
Donahey Robert T and Bonafede Madision M
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$134,900
Sold Price
$107,000
Premium/Discount to List
-$27,900
-20.68%
Views
315
Current Estimated Value
$103,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,800
Avg. Annual Appreciation
-3.66%
Original Mortgage
$103,790
Outstanding Balance
$102,151
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,245

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jun 7, 2017
Sold by
Jester Adam F
Bought by
Barnard Matthew
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$64,900
Sold Price
$58,000
Premium/Discount to List
-$6,900
-10.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$56,949
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2005
Sold by
Smith Irving
Bought by
Jester Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2002
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 Type Sale Price Title Company
Warranty Deed $107,000 None Available
Deed $58,000 Nicholas A. Dicerbo, Jr.
Deed $55,000 Palumbo
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $103,790 Purchase Money Mortgage
Previous Owner $56,949 FHA
Previous Owner $55,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $107,000 -8.5% $98 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $117,000 -4.1% $107 / Sq Ft
07/11/2023 07/11/23 Price Changed $122,000 -3.9% $112 / Sq Ft
06/19/2023 06/19/23 Price Changed $127,000 -2.2% $116 / Sq Ft
06/05/2023 06/05/23 Price Changed $129,900 -3.7% $119 / Sq Ft
05/12/2023 05/12/23 For Sale $134,900 +132.6% $124 / Sq Ft
06/06/2017 06/06/17 Sold $58,000 -10.6% $53 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $64,900 -- $59 / 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 $2,114 $56,000 $5,200 $50,800
2023 $2,108 $56,000 $5,200 $50,800
2022 $2,139 $56,000 $5,200 $50,800
2021 $2,201 $56,000 $5,200 $50,800
2020 $2,216 $56,000 $5,200 $50,800
2019 $841 $56,000 $5,200 $50,800
2018 $3,049 $56,000 $5,200 $50,800
2017 $1,594 $56,000 $5,200 $50,800
2016 $1,551 $56,000 $5,200 $50,800
2015 -- $56,000 $5,200 $50,800
2014 -- $57,500 $5,200 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1470831

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-049-0004-013-000-0000