See Home Value
Olean 14760
208 Madison Avenue
$268,000
House - Off Market

208 Madison Avenue

Olean-City, NY 14760
bedrooms
4 Beds
bathrooms
3 Baths
$228,612
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Incredible four-bedroom, three full-bathroom home in the Boardmanville Area of Olean. With new wood and ceramic flooring, quartz counters, custom cherry cabinets, a new combo tankless water heater/boiler heating system, an indoor gym, a basement that can be a rec room or family room, a potential in-law suite below the kitchen, a covered deck out back, front porch, fully fenced yard, a walk-in closet, and vinyl and stone siding that was installed just last year. This home fits almost everything you are looking for, with tasteful design, an open floor plan, and a master suite. Situated a block away from Bartlett Country Club, about a half mile to Olean General's campus, and right around the corner to I-86 and Route 16, this is a very convenient location. The backyard features a covered deck leading down to the patio, which is partially covered. The fully fenced yard provides a great play area. The living room flows nicely into the kitchen, and has a great ambiance in the winter months with a gas fireplace. The basement area is a great multi-use area. There is a large 25'x17' foot long main room and a 25'x9' Gym. Delayed negotiations until Sunday at 5pm.
Unit Size
-
Days on Market
100 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1964
Last updated: 10 months ago (NYSAMLS #R1466879)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold to Matthew Retchless, Megan Re... $268,000
Sold to Matthew Retchless, Megan Re...
May 1, 2023 In contract -
In contract
Apr 25, 2023 Listed by Howard Hanna Professionals $229,900
Listed by Howard Hanna Professionals

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,520
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RETCHLESS MATTHEW
  • Current Owner 2: RETCHLESS MEGAN
  • Previous Owner : ALBERTS RYAN M
  • Previous Owner 2: ALBERTS MEAGAN F
  • Owner Before Previous Owner: GRIFFIN JAMES P
  • Owner Before Previous Owner 2: GRIFFIN DEBRA A
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961500

Zoning

  • Zoning: R2

Geography

  • Account Number: 032240
  • District: 041200
  • Section: 94.42
  • Parcel: 041200 94.042-2-10
  • Block: 2
  • Lot: 10.000
  • Municipality: OLEAN
  • Latitude: 42.0952
  • Longitude: -78.4217

    Address

  • Full Address: 208 Madison Ave
  • Address - House Number: 208
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Olean
  • Carrier Code: C014
  • 4-Digit Zip Code: 1616
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,094
  • Tax Rate Code Area: 41200

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 97,548
  • High Value: 112,533
  • Low Value: 82,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,200
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 04, 2023
  • First Open Lien Mortgage Loan Amount: $241,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 04, 2053

    Market Valuation

  • Market Total Value: $96,154
  • Market Land Value: $23,846
  • Market Improvement Value: $72,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,000
  • Assessed Land Value: $18,600
  • Assessed Improvements Value: $56,400

    Sales

  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Transaction ID: 11911293748
  • Current Sale Price: $268,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202311043
  • Previous Sale Recording Date: Dec 10, 2018
  • Previous Sale Contract Date: Nov 26, 2018
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Aug 04, 2023
  • First Mortgage Loan Amount: $241,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: OLEAN AREA FCU
  • Previous Mortgage Transaction Date: Dec 10, 2018
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Jan 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
-
$230,000 May 18, 2020
$230,000 Jul 23, 2021
$903/mo
House
3 Beds
2 Baths
-
$185,500 Oct 17, 2022
$185,500 Dec 13, 2022
$642/mo
House
4 Beds
3 Baths
-
$264,900 May 9, 2023
-
$817/mo
In Contract
House
3 Beds
2 Baths
-
$259,000 Apr 12, 2023
-
$661/mo
House
3 Beds
2 Baths
-
$199,000 Jun 13, 2023
-
$434/mo

About Olean


Similar Homes for Sale

Unit for sale at 1989 Windfall Road, Olean-Town, NY 14760

$199,000

  • 3 Beds
  • 2 Baths
1989 Windfall Road, Olean-Town, NY 14760 Listing by Heather Chase

Nearby Rentals

Unit for rent at 401 North 11th Street, Olean, NY, 14760

$1,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,096 ft²
401 North 11th Street #401 North 11th Street, Olean, NY, 14760 Listing by Manager


Frequently Asked Questions

When was property at 208 Madison Avenue built and last sold?
The property at 208 Madison Avenue was built in 1964 and last sold on Jan 1, 1970 for $268,000.
How much is this home worth?
The estimated value of the home located at 208 Madison Avenue is $232,199.
What are some comparable homes to 208 Madison Avenue?
Homes that are comparable to 208 Madison Avenue include a house property at 1989 Windfall Road, 1620 Stardust Lane, 615 Genesee Street.

Quantcast