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131 North 3rd Street

131 North 3rd Street, Olean, NY 14760
House in Olean
Sold Dec 10, 2018
Transfer
$45,450 by Community Bank Na
Mortgage Due Jan 01, 2049
Sold Dec 10, 2018
$50,500
$45,450 by Community Bank Na
Mortgage Due Jan 01, 2049
131 North 3rd Street has been categorized by the local assessors in Olean, NY as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 131 North 3rd Street has 1,575 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,510 ft and across the front of the lot is 273 ft. The area measurement of the land has been determined as 4,122 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $50,500 in Dec 7, 2018. Current property owners are expected to pay $1,480 in taxes per year. The property on 131 North 3rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $53,000. To break that down further, the land itself was valued at $2,700. While improvements to the property were assessed at a total of $50,300. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 4,122
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 273
  • Total Building Area: 1,575
  • Building Area: 1,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,575
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HOWARD COREY W
  • Current Owner 2: HOWARD SAMANTHA L
  • Previous Owner : JOHNSON KARRI E
  • Owner Before Previous Owner: JOHNSON KARRI E

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961700

Zoning

  • Zoning: R3

Geography

  • Account Number: 056870
  • District: 041200
  • Section: 94.65
  • Parcel: 041200 94.065-11-10
  • Block: 11
  • Lot: 10.000
  • Municipality: OLEAN
  • Latitude: 42.0788
  • Longitude: -78.4341

    Address

  • Full Address: 131 N 3rd St
  • Address - House Number: 131
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C002
  • 4-Digit Zip Code: 2503
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,480
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 106,001
  • High Value: 122,207
  • Low Value: 89,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,450
  • First Open Lien Mortgage Lender: COMMUNITY BANK NA
  • First Open Lien Mortgage Recording Date: Dec 10, 2018
  • First Open Lien Mortgage Loan Amount: $45,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $67,949
  • Market Land Value: $3,462
  • Market Improvement Value: $64,487

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $50,300

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Dec 10, 2018
  • Current Sale Transaction ID: 11558569270
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 308049-001
  • Previous Sale Recording Date: Dec 10, 2018
  • Previous Sale Contract Date: Dec 07, 2018
  • Previous Sale Amount: $50,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK NA
  • First Mortgage Transaction Date: Dec 10, 2018
  • First Mortgage Loan Amount: $45,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK NA
  • Previous Mortgage Transaction Date: Dec 10, 2018
  • Previous Mortgage Loan Amount: $45,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Olean



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Frequently Asked Questions

What neighborhood is 131 North 3rd Street located in?
The 131 North 3rd Street is a house located in the neighborhood of Olean in Olean, Olean.
What is the average sales price for listings in 131 North 3rd Street?
The average sales price for units in 131 North 3rd Street is $0 currently.

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