NOT LISTED FOR SALE

223 S 16th St Olean, NY 14760

Estimated Value: $163,000 - $219,000

3 Beds
1.5 Baths
1,440 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $135,000 $94 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,299/month

2 Days on Market

Highlights

  • Deck
  • Full Attic
  • Solid Surface Countertops
  • Wood Flooring
  • Corner Lot
  • Formal Dining Room

About This Home

As of September 2022

WOW!!! 3 Bedrooms, 1.5 Baths, 3 Car Garage, Double Lot..... What else can you ask for!!!?? Don't want a ton of Neighbors on top of you, but like the convenience of living in the city?? Check out this Beautiful Home located on a corner lot with a vacant lot behind it and the whole vacant area across the street, which is a parking lot for Olean's Trail!!! This House has had many updates, to include The Garage, Windows, Furnace, Carpeting and more! The Cozy Kitchen has Corian Counters and plenty of Storage. There's a 1/2 Bath with the Laundry in it and Large Living Room & Dining Room that go into each other. Upstairs you'll find a Gorgeous Bathroom with Jetted Tub and Walk- in Shower & 2 Bedrooms. Tons of Storage throughout. There's also a Full Attic for Storage.
Outside, there's a Nice Deck, and a Partially Fenced Back Yard with Tons of Space for the Gardener or if you'd like a pool. The 3 Car Garage has Great storage as well!

Last Listed By

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 08/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,839

Year Built

  • Built in 1930

Lot Details

  • 10,150 Sq Ft Lot
  • Lot Dimensions are 70 x 145
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Attic

  • Full Attic
  • Pull Down Stairs to Attic

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 041200-094-063-0006-040-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,839

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 70000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 70
  • Lot Dimension Front: 145
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Number: 40
  • Nearest Cross Street: W. Henley St
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 579399.14
  • Ratio Close Price By Sq Ft: 93.75
  • Ratio List Price By Acres: 598712.45
  • Ratio List Price By Sq Ft: 96.88
  • Regional Board Code: Rochester
  • School Tax: 1858
  • Styles of Residence: 2 Story
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 10150
  • Age of Building: 92
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1440
  • Directions To Property: West state street to s 16th. House is at the corner of Henley. Watch for PLRE sign
  • Sq Ft Total Pub: 1440
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 1
  • Additional Interior Features: Ceiling Fan
  • Additional Rooms: 1st Floor Bedroom, Laundry-1st Floor
  • Attic Description: Full, Pull Down Stairs
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Oven/Range Gas, Refrigerator
  • Kitchen Dining Description: Formal Dining Room, Solid Surface Counter
  • Number of Bedrooms 1st Floor: 1
  • Number of Bedrooms 2nd Floor: 2
  • Number of 2nd Floor Full Bathrooms: 1
  • Number of 1st Floor Half Bathrooms: 1
  • Number of Rooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • Total Sq Ft: 1440

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, Garage Door Opener, High Speed Internet, Partially Fenced Yard, Patio
  • Number of Acres: 0.2330

Garage/Parking

  • Driveway Description: Concrete, Double Wide
  • Garage Description: Detached
  • Number of Garage Spaces: 3.0000

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-063-0006-040-000-0000

Tax Info

  • Total Taxes: 3839

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 2, 2022
Sold by
Ivey Lynn M and Ivey Robert L
Bought by
Scott Michael E and Hedges Heather R
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$139,500
Sold Price
$135,000
Premium/Discount to List
-$4,500
-3.23%
Total Days on Market
2
Current Estimated Value
$191,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,312
Avg. Annual Appreciation
14.23%

Purchase Details

Closed on
Dec 14, 2005
Sold by
Jones Christopher
Bought by
Ivey Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2000
Sold by
Bourgeois Wendy
Bought by
Jones Christopher J

Range of Values:

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Average Value
Not Available
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
Scott Michael E $135,000 None Available
Ivey Robert $72,000 Daniel R. Palumbo
Jones Christopher J $17,000 J Michael Kelleher
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ivey Robert $62,000
Previous Owner Jones Christopher J $27,000
Previous Owner Jones Christopher J $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $135,000 -3.2% $94 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $139,500 -- $97 / 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 $2,795 $85,000 $5,700 $79,300
2023 $2,795 $85,000 $5,700 $79,300
2022 $2,673 $70,000 $5,700 $64,300
2021 $2,751 $70,000 $5,700 $64,300
2020 $2,129 $70,000 $5,700 $64,300
2019 $1,051 $70,000 $5,700 $64,300
2018 $3,135 $70,000 $5,700 $64,300
2017 $2,161 $70,000 $5,700 $64,300
2016 $2,113 $70,000 $5,700 $64,300
2015 -- $70,000 $5,700 $64,300
2014 -- $70,000 $5,700 $64,300
Source: Public Records

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1425074

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-063-0006-040-000-0000