$50,000
SOLD JAN 10, 2022

818 W Sullivan St Olean, NY 14760

3 Beds
1 Bath
1,740 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

15% Below List Price

110 Days on Market

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 Agent to Sell the Property

Paul Pezzimenti

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

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867

Howard Hanna Professionals - Olean

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,039

Year Built

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
Current Estimated Value
$108,727
Source: Public Records

Similar Homes in Olean, NY

  • 329 N 6th St, Olean, NY 14760

    $54,900

    • 3 Beds
    • 2 Baths
    • 912 Sq Ft
    • 329 N 6th St
    • Olean, NY

    Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Do not knock on door or approach house without prior communication.

    Derek Greene The Greene Realty Group

    Section Image
  • 334 N 13th St, Olean, NY 14760

    $56,000

    • 2 Beds
    • 1 Bath
    • 1,392 Sq Ft
    • 334 N 13th St
    • Olean, NY

    Cute home centrally located in Olean. 2 Bedrooms, 1 Bathroom with a full covered porch. Spacious living room and dining room. Off street parking. Home located on a quiet dead end street near many amenities. This is a great starter home or profitable rental for investors

    James Dwaileebe 3D Real Estate LLC

    Section Image
  • 314 Main St, Olean, NY 14760

    $49,900

    • 3 Beds
    • 1.5 Baths
    • 1,188 Sq Ft
    • 314 Main St
    • Olean, NY

    Conveniently located home in walking distance to store, restaurants, mall and downtown. Many recent updates. Priced to sell and much cheaper than renting a similar single family dwelling!

    Linda Schnell No Office Affiliation

    Section Image
  • 1014 N Union St, Olean, NY 14760

    $45,000

    • 2 Beds
    • 1 Bath
    • 1,224 Sq Ft
    • 1014 N Union St
    • Olean, NY

    This 2 bedroom 1 bath home in North Olean. This fixer-upper offers a solid layout just waiting for your personal touch. The home features a cozy living room combined with dining for the open feel when entertaining. Large kitchen with laundry and storage off the back. Insulate it and you could have a nice laundry area. With some TLC, this property could be transformed into a delightful residence

    Kelly Patrone Howard Hanna Professionals - Olean

    Section Image
  • 4 Edwards Ct, Olean, NY 14760

    $50,000

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 4 Edwards Ct
    • Olean, NY

    Single Family Row house

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image
  • 845 Garden Ave, Olean, NY 14760

    $39,900

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • 845 Garden Ave
    • Olean, NY

    This 2-bedroom ranch is a great project for someone who loves fixing up homes! It’s ready for a new owner to come in and make it shine again. The house already has some updates, including a new furnace, new electric, and new siding. With a little bit of work, this home can be just what you’re looking for. It’s a perfect opportunity for someone who enjoys taking on a handyman special and turning

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image
  • 1182 Promised Land Rd, Olean, NY 14760

    $45,000

    • 3 Beds
    • 2 Baths
    • 1,384 Sq Ft
    • 1182 Promised Land Rd
    • Olean, NY

    Looking for the perfect country location in the Portville School District to build your dream home or place a modular? Look no further! This versatile 0.73-acre lot is ready for your vision, featuring an existing well, septic, utilities, a 2-car garage, and even an above-ground pool. There’s currently a 2-story, 1,384 sq ft home on the property which, is ideal for demolition to make room for your

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed $50,900 Gregory E Shemeld
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Stand Alone Refi Refinance Of Original Loan
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 $2,039 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1336480

Chautauqua-Cattaraugus Board of REALTORS®

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