See Home Value
Olean 14760
118 Front Street
$120,500
● House - Off Market

118 Front Street

Olean-City, NY 14760
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$941
Est. Monthly
16.64%
Cap Rate

About This Property

Beautiful home remodeled in 2020 due to an attic fire. Located directly across the street from War Veterans Park, William O Smith Rec Center, and Bradner Stadium, minutes from Downtown, Olean General Hospital, and Highway 86.

Everything has been upgraded walls, insulation, electrical, plumbing, Dunkirk combi unit heat & tankless water heater, and new baseboard registers. All new matching kitchen appliances are staying. Open concept kitchen and dining room. 1st and 2nd floors have vinyl plank flooring. (Original hardwood floors still remain) 2nd floor laundry with new washer and dryer staying with the home. Additional room on the second level could be an office or additional closet space. Attic is fully finished and is being used as the third bedroom, adding an additional 408 sq ft to the living space. All three floors are independently zoned for heat. Metal roof also brand new in 2020. Seller is willing to give credit for new garage door, storm doors, and minor painting if buyer requests.
Unit Size
-
Days on Market
155 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1914

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Cap Rate Calculator

Last updated: 3 years ago (NYSAMLS #B1512488)

Price History

Date / Event Date Event Price
May 7, 2024 Sold
Sold
Feb 26, 2024 In contract -
In contract
Feb 4, 2024 Price Decreased $125,500
↓ $3K (2%)
Price Decreased
Dec 4, 2023 Listed by Howard Hanna WNY Inc. $128,000
Listed by Howard Hanna WNY Inc.
Dec 17, 2018 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,913
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,463
  • Building Area: 1,463
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,463
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000089
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961800

Zoning

  • Zoning: R3

Geography

  • Account Number: 018210
  • District: 041200
  • Section: 94.66
  • Parcel: 041200 94.066-4-77
  • Block: 4
  • Lot: 77.000
  • Municipality: OLEAN
  • Latitude: 42.0788
  • Longitude: -78.42

    Address

  • Full Address: 118 Front St
  • Address - House Number: 118
  • Address - Street Name: Front
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C003
  • 4-Digit Zip Code: 2916
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531,094
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 77,444
  • High Value: 89,333
  • Low Value: 65,554

    Market Valuation

  • Market Total Value: $92,308
  • Market Land Value: $5,000
  • Market Improvement Value: $87,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,000
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $68,100

    Sales

  • Current Sale Contract Date: Nov 29, 2018
  • Current Sale Recording Date: Dec 17, 2018
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 308445-001
  • Previous Sale Recording Date: Dec 17, 2018
  • Previous Sale Contract Date: Dec 06, 2018
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olean


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 321 N Union Street, Olean, NY, 14760

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,800 ft²
321 N Union Street, Olean, NY, 14760 Listing by Regis Handley


Frequently Asked Questions

When was property at 118 Front Street built and last sold?
The property at 118 Front Street was built in 1914 and last sold on Nov 29, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 118 Front Street is $0.
What are some comparable homes to 118 Front Street?
There are currently no comparable homes to 118 Front Street.