NOT LISTED FOR SALE

818 W Sullivan St Olean, NY 14760

Estimated Value: $99,086 - $134,000

3 Beds
1 Bath
1,740 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $50,000 $29 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $939/month

110 Days on Market

Highlights

  • Deck
  • Old Style Architecture
  • Corner Lot
  • Wood Flooring
  • Heated Sun or Florida Room
  • Formal Dining Room

About This Home

As of January 2022

This large three-bedroom home in West Olean has a new main roof and a surprisingly private backyard. With a spacious kitchen and several extra rooms, you will have a lot of room for activities. The garage and covered back deck adds useful exterior space. The front porch roof has recently replaced as well as other minor repairs. The property recently was getting ready to have an FHA loan mortgage, but the sale fell through.

Last Listed By

Paul Pezzimenti

Listing by Howard Hanna Professionals License #10301214758 Listed on: 05/13/2021

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 150 x 50
  • Partially Fenced Property
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Old Style Architecture
  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Partial Basement
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 041200-094-056-0006-024-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 54000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 50
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 24
  • Nearest Cross Street: N 8th Street
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 290360.05
  • Ratio Close Price By Sq Ft: 28.74
  • Ratio List Price By Acres: 342624.85
  • Ratio List Price By Sq Ft: 33.91
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 1428
  • Styles of Residence: 2 Story, Old Style
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7500
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1740
  • Directions To Property: From Wayne Street, turn onto N 8th Street, the property is on the corner of 8th and Sullivan
  • Sq Ft Total Pub: 1740
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some
  • Additional Rooms: 1st Floor Bedroom, Family Room, Florida/Sun Room- Heated, Laundry-1st Floor, Living Room, Porch - Open
  • Attic Description: Pull Down Stairs
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Kitchen Appliances Included: Dishwasher, Double Oven, Oven/Range Electric, Refrigerator
  • Kitchen Dining Description: Breakfast Bar, Eat-In, Formal Dining Room, Pantry
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 9
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1740

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Deck, Partially Fenced Yard
  • Number of Acres: 0.1722

Garage/Parking

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

Utilities

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

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-056-0006-024-000-0000

Tax Info

  • Total Taxes: 2951

MLS Schools

  • Elementary School Name: Washington West 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

Closed on
Apr 17, 2001
Sold by
Armstrong Roland H and Armstrong Bessie J
Bought by
Donovan Richard B
Total Days on Market
110
Current Estimated Value
$117,772

Range of Values:

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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
Donovan Richard B $50,900 Gregory E Shemeld
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutton Sarah B $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $50,000 -15.3% $29 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $59,000 0.0% $34 / Sq Ft
08/03/2021 08/03/21 For Sale $59,000 +18.2% $34 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $49,900 -9.3% $29 / Sq Ft
03/10/2020 03/10/20 Sold $55,000 +10.2% $32 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $49,900 -- $29 / 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 $3,429 $54,000 $4,500 $49,500
2023 $2,033 $54,000 $4,500 $49,500
2022 $2,062 $54,000 $4,500 $49,500
2021 $2,122 $54,000 $4,500 $49,500
2020 $2,137 $54,000 $4,500 $49,500
2019 $811 $54,000 $4,500 $49,500
2018 $2,913 $54,000 $4,500 $49,500
2017 $2,189 $54,000 $4,500 $49,500
2016 $2,165 $54,000 $4,500 $49,500
2015 -- $54,000 $4,500 $49,500
2014 -- $54,000 $4,500 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1336480

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-056-0006-024-000-0000