$88,000
SOLD AUG 17, 2015

842 S Union St Olean, NY 14760

3 Beds
1.5 Baths
1,152 Sq Ft
0.47 Acres

Recently Sold

$76 Per Sq Ft

15% Below List Price

133 Days on Market

Highlights

  • 0.47 Acre Lot
  • Raised Ranch Architecture
  • Eat-In Kitchen
  • Deck
  • Breakfast Room
  • Wall to Wall Carpet

About This Home

As of September 2024

Raised ranch on a partially finished basement. Great location south of the City of Olean with almost a half acre of land. Nice deck for grilling year round, as it is located right next to the kitchen/dining room combination. Great 2 car garage located under the house for convenience. No having to clean off your car from snow. Walk right in to the family room. Also, includes a hot tub on the deck for you and your guests to enjoy!

Last Agent to Sell the Property

Carol Thomas

Listing by Howard Hanna Professionals - Ellicottville License #30TH0755390 Listed on: 01/17/2015

Howard Hanna Professionals - Ellicottville

Last Buyer's Agent

Carol Thomas

Listing by Howard Hanna Professionals - Ellicottville License #30TH0755390 Listed on: 01/17/2015

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1987

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 178 x 125

Parking

  • 2 Car Garage

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Breakfast Room
  • Formal Dining Room
  • Wall to Wall Carpet
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,909

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Age: 28
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 74000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 178
  • Lot Dimension Front: 125
  • Lot Information: Neighborhood Street
  • L P Per Acre: 199787.2300
  • List Price per Sq Ft: 81.5104
  • Nearest Cross Street: West State St.
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 187234.04
  • Ratio Close Price By Sq Ft: 76.39
  • Ratio List Price By Acres: 199787.23
  • Ratio List Price By Sq Ft: 81.51
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1867
  • Sale Price List Price: 0.9371
  • S P Per Acre: 187234.0400
  • S P Per Sq Ft: 76.3900
  • Styles of Residence: Raised Ranch
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Value Range Search Low Price: 93900.00
  • Year Built Description: Existing
  • Age of Building: 35
  • Year Built: 1987
  • Directions To Property: From Wayne St. turn right onto Union. South Union is after the light at State St. Continue on over the bridge.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Circuit Breakers - Some
  • Additional Rooms: Basement / Rec Room
  • Basement Description: Full, Partially Finished
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Refrigerator
  • Kitchen Dining Description: Breakfast Room, Eat-In, Formal Dining Room
  • Number of Bedrooms 2nd Floor: 3
  • 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: 3
  • Total Sq Ft: 1152

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Deck
  • Number of Acres: 0.4700

Garage/Parking

  • Driveway Description: Blacktop
  • Garage Description: Under House
  • Number of Garage Spaces: 2.0000

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-081-0001-011-003-0000

Tax Info

  • Total Taxes: 3909

MLS Schools

  • School District Name: Olean

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
$158,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302
Avg. Annual Appreciation
1.04%
Original Mortgage
$126,400
Outstanding Balance
$125,582
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$33,842

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
6.15%
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: B467075

Western New York Real Estate Information Services (WNYREIS)

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