NOT LISTED FOR SALE

747 N Union St Olean, NY 14760

Estimated Value: $128,000 - $139,000

4 Beds
1.5 Baths
1,728 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $83,740 $48 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $863/month

106 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • 1 Car Attached Garage
  • Full Attic
  • Porch
  • Combination Dining and Living Room

About This Home

As of June 2020

This 4 bedroom, 2 bath, 1,728 square foot house in Olean, NY, Cattaraugus County, is move-in ready with a full basement and a double lot, big backyard.

Central air heating throughout house.  The majority of the windows have been updated.

The first story has original wood floors with a large open concept living room and dining room, open kitchen that leads out to an attached garage.

Upstairs are 4 large bedrooms with a full bathroom.

Full basement with pool table.

The property is a double lot which is fenced in for plenty of room for family activities and pets.  Right across the street is Boardman Park that borders the Olean Creek.  Short walk to downtown Olean.  Short drive to Ellicottville, NY, and Holiday Valley.

Last Listed By

Travis Thurston

Listing by Landquest Inc. License #10401317573 Listed on: 11/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 1923

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 270 x 50

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 041200-094-049-0004-012-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,283

Year Built

Built in 1923

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 72872
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 270
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Nearest Cross Street: Brookview Ave.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 270129.03
  • Ratio Close Price By Sq Ft: 48.46
  • Ratio List Price By Acres: 301612.90
  • Ratio List Price By Sq Ft: 54.11
  • Regional Board Code: Syracuse
  • School Tax: 1232
  • Styles of Residence: 2 Story
  • Sub Board Code: Cortland
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 99
  • Year Built: 1923
  • Directions To Property: From Highway 86 get off exit 26 take Rt. 16 into Olean, make a right onto.N. Union St., property is on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Porch - Open
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Electric, Washer
  • Kitchen Dining Description: Living/Dining Combo
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Pellet: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 4
  • Total Sq Ft: 1728

Exterior Features

  • Construction: Frame, Wood
  • Number of Acres: 0.3100

Garage/Parking

  • Driveway Description: Concrete
  • Garage Description: Attached
  • Number of Garage Spaces: 1.0000

Utilities

  • Heating Fuel Description: Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-049-0004-012-000-0000

Tax Info

  • Total Taxes: 3283

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
May 4, 2020
Sold by
Rippel Kathleen M
Bought by
Ogden Christopher E and Long Rebecca
Seller's Agent
Travis Thurston
Landquest Inc.
Buyer's Agent
Mary Karst
Howard Hanna Professionals
List Price
$99,900
Sold Price
$83,740
Premium/Discount to List
-$16,160
-16.18%
Total Days on Market
106
Current Estimated Value
$131,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,164
Avg. Annual Appreciation
8.39%
Original Mortgage
$82,223
Outstanding Balance
$74,279
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$50,196

Purchase Details

Closed on
May 14, 2010
Sold by
Long Richard
Bought by
Rippel Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

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
Ogden Christopher E -- None Available
Rippel Kathleen $77,800 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogden Christopher E $82,223
Previous Owner Rippel Kathleen $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $83,740 -10.4% $48 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $93,500 -6.4% $54 / Sq Ft
11/15/2019 11/15/19 For Sale $99,900 -- $58 / Sq Ft
Source: Cortland County 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 $4,349 $68,500 $5,200 $63,300
2023 $2,579 $68,500 $5,200 $63,300
2022 $2,616 $68,500 $5,200 $63,300
2021 $2,692 $68,500 $5,200 $63,300
2020 $4,018 $68,500 $5,200 $63,300
2019 $1,735 $68,500 $5,200 $63,300
2018 $5,429 $68,500 $5,200 $63,300
2017 $2,100 $68,500 $5,200 $63,300
2016 $4,358 $68,500 $5,200 $63,300
2015 -- $68,500 $5,200 $63,300
2014 -- $68,500 $5,200 $63,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1238537

Cortland County Board of REALTORS®

APN: 041200-094-049-0004-012-000-0000