$158,000
SOLD SEP 16, 2024

842 S Union St Olean, NY 14760

3 Beds
2 Baths
1,152 Sq Ft
0.47 Acres

Recently Sold

$137 Per Sq Ft

7% Below List Price

66 Days on Market

Highlights

  • 0.47 Acre Lot
  • Recreation Room
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of September 2024

Well maintained three bed two full bath Ranch style home surrounded by beautiful mountain views and sits on an almost half-acre lot. All new windows! New bedroom and living room carpet! Just minutes from downtown Olean, 20 minutes north of Bradford, and 10 minutes from Allegany! This home is spacious inside and out, including a two-tier deck, large partially finished basement that can be accessed from carport or through the two-car heated garage with shop area. Plenty of storage. First floor features an open kitchen-dining combo and living room that faces the mountain side. Both bathrooms are updated and hardwood flooring in two of the bedrooms. You or your guest have an RV? No problem, electric hookup and plenty of space to park! Additional parking off of South Union Street Branch Road giving two entrances for yourself and guests. Hot Tub electric is available.

Last Agent to Sell the Property

Amy Henzel

Listing by ERA Team VP Real Estate Brokerage Phone: 716-560-8624 License #10401317441 Listed on: 05/15/2024

ERA Team VP Real Estate

Last Buyer's Agent

Richard Jackson

Listing by Howard Hanna Professionals - Ellicottville License #10301218263

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 1987

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 125x178

Parking

  • 2 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Separate Formal Living Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 041200-094-081-0001-011-003-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,439

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1987
  • Attribution Contact: 716-560-8624
  • ResoLaundryFeatures: In Basement
  • Road Frontage Type: Main Thoroughfare
  • Directions: Headed South on South Union home is on left
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, Separate/Formal Living Room, Country Kitchen, Storage, Bedroom on Main Level, Bath in Primary Bedroom, Main Level Primary
  • Unit Levels: One
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.47
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Deck, Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Carport, Garage, Workshop in Garage

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-081-0001-011-003-0000
  • Lot Dimensions: 125X178
  • Lot Size Sq Ft: 20473.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4439.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 16, 2024
Sold by
Eaton Gregory S
Bought by
Renninger Rachel B
Seller's Agent
Amy Henzel
ERA Team VP Real Estate
Buyer's Agent
Richard Jackson
Howard Hanna Professionals - Ellicottville
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Views
255
Current Estimated Value
$160,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,581
Avg. Annual Appreciation
1.80%
Original Mortgage
$126,400
Outstanding Balance
$125,222
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$35,359

Purchase Details

Closed on
Dec 2, 2021
Sold by
Truax Thomas M
Bought by
Eaton Gregory S

Purchase Details

Listed on
Jan 17, 2015
Closed on
Aug 14, 2015
Sold by
Frungillo Thomas C
Bought by
Truax Thomas M
Seller's Agent
Carol Thomas
Howard Hanna Professionals - Ellicottville
Buyer's Agent
Carol Thomas
Howard Hanna Professionals - Ellicottville
List Price
$104,000
Sold Price
$88,000
Premium/Discount to List
-$16,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$94,897
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2001
Sold by
City Of Olean
Bought by
Frungillo Thomas C

Purchase Details

Closed on
Nov 8, 1999
Sold by
Hollowell Steven J
Bought by
Frungillo Thomas C
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $158,000 None Available
Deed $125,000 None Available
Deed $125,000 None Available
Deed $93,000 Richard S. Juda
Deed $93,000 Richard S. Juda
Deed $750 --
Deed $750 --
Deed $60,000 David Palumbo
Deed $60,000 David Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,400 Purchase Money Mortgage
Previous Owner $94,897 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $158,000 -4.2% $137 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $165,000 -2.9% $143 / Sq Ft
05/15/2024 05/15/24 For Sale $169,900 +35.9% $147 / Sq Ft
02/01/2022 02/01/22 Sold $125,000 -3.9% $109 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $130,050 +47.8% $113 / Sq Ft
08/17/2015 08/17/15 Sold $88,000 -15.4% $76 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $104,000 -- $90 / 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 $3,115 $82,500 $8,700 $73,800
2023 $3,106 $82,500 $8,700 $73,800
2022 $3,151 $82,500 $8,700 $73,800
2021 $2,908 $74,000 $8,700 $65,300
2020 $2,928 $74,000 $8,700 $65,300
2019 $1,111 $74,000 $8,700 $65,300
2018 $3,992 $74,000 $8,700 $65,300
2017 $2,999 $74,000 $8,700 $65,300
2016 $2,967 $74,000 $8,700 $65,300
2015 -- $74,000 $8,700 $65,300
2014 -- $74,000 $8,700 $65,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1537785

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-081-0001-011-003-0000