NOT LISTED FOR SALE

958 Forness Ave Olean, NY 14760

Estimated Value: $222,000 - $276,000

3 Beds
2 Baths
2,092 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $210,000 $100 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,555/month

27 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Fenced Yard
  • Cathedral Ceiling
  • Corner Lot
  • 1 Car Detached Garage

About This Home

As of September 2022

Remodeled and ready for you to move in! New Kitchen, New Appliances, newer electric panel and system, newer plumbing and furnace, remodeled master bathroom- tile shower are just a few great things this home has to offer. This home also offers a bonus room, which could be used as an office, den, playroom or whatever extra space you need. Large deck, leading from the dining room to a large fenced in yard. This home is waiting for you to make it yours!

Last Agent to Sell the Property

Yvette Jordan

Listing by Real Estate Advantage License #10401208583 Listed on: 06/02/2022

Last Buyer's Agent

Julie Filipowicz

Listing by Holiday Valley Realty Co, Inc License #10401278550

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,649

Year Built

  • Built in 1966

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 125 x 105
  • Fenced Yard
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Patio Home
  • Stone Frame
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Bonus Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Play Equipment

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 041200-094-059-0004-024-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,649

Year Built

Built in 1966

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 108000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 105
  • Lot Information: Corner Lot, Neighborhood Street
  • Lot Number: 24
  • Nearest Cross Street: King Street
  • Number of Stories: 1.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 696979.75
  • Ratio Close Price By Sq Ft: 100.38
  • Ratio List Price By Acres: 763026.88
  • Ratio List Price By Sq Ft: 109.89
  • Regional Board Code: Rochester
  • Roof Description: Asphalt
  • School Tax: 2677
  • Styles of Residence: Patio, Ranch
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 13125
  • Ad Copy: Lovely Ranch home
  • Ad Headline: Lovely Ranch Home
  • Age of Building: 56
  • Garage Amenities: Storage
  • Year Built: 1966
  • Above Grade Finished Sq Ft: 2092
  • Directions To Property: King Street to Forness.
  • Sq Ft Total Pub: 2092
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Cathedral Ceiling, Drapes - Some
  • Additional Rooms: Bonus Room, Laundry-1st Floor, Master Bedroom Bath
  • Basement Description: Crawl Space, Slab
  • Floor Description: Laminate-Some, Tile-Some
  • Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Gas
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 1st Floor: 3
  • Number of Fireplaces Gas: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of 1st Floor Full Bathrooms: 2
  • Number of Rooms: 9
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 2092

Exterior Features

  • Construction: Stone and Frame, Vinyl
  • Additional Exterior Features: Deck, Fully Fenced Yard, High Speed Internet, Playset / Swingset, Private Yard - see Remarks
  • Number of Acres: 0.3013

Garage/Parking

  • Driveway Description: Blacktop
  • 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: Electric

Lot Info

  • Parcel Number: 041200-094-059-0004-024-000-0000

Tax Info

  • Total Taxes: 5649

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Feb 20, 2018
Sold by
Johnston Orville Wayne
Bought by
Shembeda Nicholas D
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Yvette Jordan
Real Estate Advantage
List Price
$179,900
Sold Price
$137,500
Premium/Discount to List
-$42,400
-23.57%
Current Estimated Value
$248,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,089
Avg. Annual Appreciation
7.83%
Original Mortgage
$128,725
Outstanding Balance
$110,381
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$138,208

Purchase Details

Listed on
Jul 10, 2017
Closed on
Feb 16, 2018
Sold by
Johnston Orville Wayne
Bought by
Shembeda Nicholas D
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Yvette Jordan
Real Estate Advantage
List Price
$179,900
Sold Price
$137,500
Premium/Discount to List
-$42,400
-23.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,725
Outstanding Balance
$110,381
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$138,208

Purchase Details

Listed on
Jul 10, 2017
Closed on
Feb 13, 2018
Sold by
Johnston Orville W and Johnston Jeanne L
Bought by
Shembeda Nicholas D and Sweet Falyn S
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Yvette Jordan
Real Estate Advantage
List Price
$179,900
Sold Price
$137,500
Premium/Discount to List
-$42,400
-23.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,725
Outstanding Balance
$110,381
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$138,208

Purchase Details

Closed on
Oct 26, 2006
Sold by
Swanson Sergei
Bought by
Johnston Orville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Merlo Richard
Bought by
Swanson Sergei
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Shembeda Nicholas D $137,500 None Available
Shembeda Nicholas D $137,500 None Available
Shembeda Nicholas D -- --
Johnston Orville $108,000 Daniel Palumbo
Swanson Sergei $96,000 Daniel R Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shembeda Nicholas D $128,725
Closed Shembeda Nicholas D $128,725
Closed Shembeda Nicholas D $128,725
Previous Owner Johnston Orville $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2022 09/01/22 Sold $210,000 -8.7% $100 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $229,900 +67.2% $110 / Sq Ft
02/16/2018 02/16/18 Sold $137,500 -8.3% $66 / Sq Ft View Prior Sale
11/30/2017 11/30/17 Pending -- -- --
10/25/2017 10/25/17 Price Changed $149,900 -11.8% $72 / Sq Ft
08/31/2017 08/31/17 Price Changed $169,900 -5.6% $81 / Sq Ft
07/10/2017 07/10/17 For Sale $179,900 -- $86 / 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 $7,967 $126,000 $20,900 $105,100
2023 $4,744 $126,000 $20,900 $105,100
2022 $4,125 $108,000 $20,900 $87,100
2021 $4,244 $108,000 $20,900 $87,100
2020 $4,273 $108,000 $20,900 $87,100
2019 $1,621 $108,000 $20,900 $87,100
2018 $4,888 $108,000 $20,900 $87,100
2017 $5,604 $108,000 $20,900 $87,100
2016 $6,214 $108,000 $20,900 $87,100
2015 -- $108,000 $20,900 $87,100
2014 -- $108,000 $20,900 $87,100
Source: Public Records

Agents Affiliated with this Home

  • Yvette Jordan

    Seller's Agent in 2022

    Yvette Jordan

    Real Estate Advantage

    (716) 484-2020

    3 in this area

    26 Total Sales

    Yvette Jordan
    Section Image

  • J

    Buyer's Agent in 2022

    Julie Filipowicz

    Holiday Valley Realty Co, Inc

    (716) 864-7196

    1 in this area

    39 Total Sales

    Julie Filipowicz
    Section Image
  • Kelly Patrone

    Seller's Agent in 2018

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    104 in this area

    236 Total Sales

    Kelly Patrone
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1409415

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-059-0004-024-000-0000

New York Cattaraugus County Olean 14760

958 Forness Ave, Olean, NY

Not Listed for Sale

Detached

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