NOT LISTED FOR SALE

771 Main St Olean, NY 14760

Estimated Value: $169,000 - $228,000

4 Beds
2 Baths
1,984 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $94,000 $47 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,253/month

145 Days on Market

Highlights

  • 0.38 Acre Lot
  • Corner Lot
  • 2 Car Detached Garage
  • 1 Fireplace
  • Formal Dining Room
  • Forced Air Cooling System

About This Home

As of May 2012

Boardmanville 4 bedroom 2 full bath home with private backyard and a 2 car garage. Conveniently located to hospital and shopping.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 10/28/2011

Howard Hanna Professionals - Olean

Last Buyer's Agent

Christine Young

Listing by Howard Hanna Professionals - Olean License #40YO1152644

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,058

Year Built

  • Built in 1910

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 155 x 108
  • Corner Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,984 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-041-0005-011-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,058

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 101
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 100000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 155
  • Lot Dimension Front: 108
  • Lot Information: Corner Lot, Neighborhood Street
  • L P Per Acre: 262894.7400
  • List Price per Sq Ft: 50.3528
  • Nearest Cross Street: Pancio Lane
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 247368.42
  • Ratio Close Price By Sq Ft: 47.38
  • Ratio List Price By Acres: 262894.74
  • Ratio List Price By Sq Ft: 50.35
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 2368
  • Sale Price List Price: 0.9409
  • S P Per Acre: 247368.4200
  • S P Per Sq Ft: 47.3790
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 99900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: On Main Street north of hospital. House will be on the left.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some
  • Additional Rooms: Foyer/Entry Hall, Laundry-Basement
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Formal Dining Room
  • Number of Bedrooms 2nd Floor: 4
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 1
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of Rooms: 7
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1984

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, Garage Door Opener
  • Number of Acres: 0.3800

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Detached
  • Number of Garage Spaces: 2.0000

Utilities

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

Lot Info

  • Parcel Number: 041200-094-041-0005-011-000-0000

Tax Info

  • Total Taxes: 5058

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2011
Closed on
May 9, 2012
Sold by
Pancio George
Bought by
Bee Ricky
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Christine Young
Howard Hanna Professionals - Olean
List Price
$114,900
Sold Price
$94,000
Premium/Discount to List
-$20,900
-18.19%
Current Estimated Value
$200,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,822
Avg. Annual Appreciation
5.73%
Original Mortgage
$75,200
Outstanding Balance
$31,953
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,869

Purchase Details

Closed on
Sep 1, 1995
Sold by
Park Centre Development Inc Ma
Bought by
Pancio George and Pancio Marcia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bee Ricky $94,000 Daniel Palumbo
Pancio George $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bee Ricky $75,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $94,000 -18.2% $47 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
10/28/2011 10/28/11 For Sale $114,900 -- $58 / 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 $6,323 $100,000 $22,300 $77,700
2023 $3,765 $100,000 $22,300 $77,700
2022 $3,819 $100,000 $22,300 $77,700
2021 $3,930 $100,000 $22,300 $77,700
2020 $3,316 $100,000 $22,300 $77,700
2019 $1,501 $100,000 $22,300 $77,700
2018 $6,873 $100,000 $22,300 $77,700
2017 $5,511 $100,000 $22,300 $77,700
2016 $5,408 $100,000 $22,300 $77,700
2015 -- $100,000 $22,300 $77,700
2014 -- $100,000 $22,300 $77,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B397118

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-041-0005-011-000-0000