NOT LISTED FOR SALE

850 S Union St Olean, NY 14760

Olean Area

Estimated Value: $111,534

2 Beds
1 Bath
840 Sq Ft
$133/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2023

Last sale price $89,000 $106 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $774 / mo

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Separate Formal Living Room
  • 1 Car Detached Garage
  • Main Floor Bedroom
  • Corner Lot
  • Country Kitchen

About This Home

As of April 2023

Move right in to this 2 bedroom home with the possibility of renovating the attic for a 3rd bedroom. 1st floor laundry, This home has updated wiring, plumbing, windows, doors ,heating system, brand new Metal roof. This home takes out the worry of major upgrades. Cozy living room and dining room. Full basement. 1 car garage. 3 other parcels come with this property making it a great lot in the city but gives the feel of country living. Relax and enjoy the outdoors on the large porch as you watch nature unfold.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-353-3222 License #30PA0967867 Listed on: 02/24/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

John Skadowski

Listing by Howard Hanna Professionals - Olean License #40SK1093971

Howard Hanna Professionals - Olean
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1950

Lot Details

  • 4,396 Sq Ft Lot
  • Lot Dimensions are 40x109
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Country Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 041200-094-081-0001-014-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,460

Year Built

Built in 1950

Lot Details

4,396 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1950
  • Attribution Contact: 716-353-3222
  • ResoLaundryFeatures: Main Level
  • Lot Features: Corner Lot
  • Directions: Route16S to South Union St Ext Property is on the corner of South Union St Ext and Martha Ave
  • Architectural Style: Cape Cod
  • Flooring: Laminate, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Living Room, Country Kitchen, Pantry, Bedroom on Main Level
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Refrigerator, Washer
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Acres: 0.1009
  • Waterfront: No
  • Construction Type: Composite Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Gas, Forced Air
  • 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: 041200-094-081-0001-014-000-0000
  • Lot Dimensions: 40X109
  • Lot Size Sq Ft: 4396.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2460.0
  • Tax Lot: 14

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 26, 2023
Sold by
Comstock Taylor L
Bought by
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
John Skadowski
Howard Hanna Professionals - Olean
List Price
$89,000
Sold Price
$89,000
Current Estimated Value
$111,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,534
Avg. Annual Appreciation
6.88%
Original Mortgage
$71,200
Outstanding Balance
$68,463
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$43,071

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 28, 2021
Sold by
Warfield Randy E
Bought by
Comstock Taylor L
Seller's Agent
Mary Karst
Howard Hanna Professionals - Olean
Buyer's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
List Price
$69,900
Sold Price
$52,000
Premium/Discount to List
-$17,900
-25.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.92%
Original Mortgage
$49,400
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Olean, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$89,000 None Available
Comstock Taylor L $52,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $71,200
Previous Owner Comstock Taylor L $49,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $89,000 0.0% $106 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $89,000 +71.2% $106 / Sq Ft
05/20/2021 05/20/21 Sold $52,000 -25.6% $62 / Sq Ft View Prior Sale
03/11/2021 03/11/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $69,900 -- $83 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,727 $45,000 $3,500 $41,500
2024 $2,845 $45,000 $3,500 $41,500
2023 $1,694 $45,000 $3,500 $41,500
2022 $1,719 $45,000 $3,500 $41,500
2021 $1,768 $45,000 $3,500 $41,500
2020 $594 $15,000 $3,500 $11,500
2019 $392 $15,000 $3,500 $11,500
2018 $809 $15,000 $3,500 $11,500
2017 $608 $15,000 $3,500 $11,500
2016 $601 $15,000 $3,500 $11,500
2015 -- $15,000 $3,500 $11,500
2014 -- $15,000 $3,500 $11,500
Source: Public Records

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1456874

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200 94.081-1-14 01

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