See Home Value
Olean 14760
306 S 8th Street
$70,000
House - Off Market

306 S 8th Street

Olean-City, NY 14760
bedrooms
3 Beds
bathrooms
1 Bath
$69,464
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

This 2 or 3 bedroom house has had tons of upgrades!!!!! All New Flooring, New Windows, New Light Fixtures, New Appliances, New Furnace, New Water Heater, New Roof, New Doors, New Kitchen Cabinets and Stunning Butcher Block Countertops, New Bathroom, New Ceiling Fans. The First Floor has a Living Room, a Formal Dining Room, a Spacious Laundry Room, a Kitchen Loaded with Not Only Charm but Plenty of Storage and Counter Space! There is a Room off the Kitchen which Could be Used as a Bedroom or as an Office, Gym, Media Room...Endless Possibilities! Upstairs are 2 More Bedrooms and a Recently Renovated Bathroom! Outside is a Very Cute Covered Front Porch and a Fenced in Back Yard with a Large Shed. This House Just Needs a New Owner to Paint the Outside and Enjoy all the Upgrades that Have Been Done!
Unit Size
-
Days on Market
105 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
1890
Last updated: 8 months ago (NYSAMLS #R1473505)

Price History

Date / Event Date Event Price
Sep 20, 2023 Sold to Daekyun Oh, Youngmi Park $70,000
Sold to Daekyun Oh, Youngmi Park
Jun 17, 2023 In contract -
In contract
Jun 15, 2023 Relisted $69,900
Relisted
Jun 7, 2023 In contract -
In contract
Jun 2, 2023 Listed by Premier Listings Real Estate $69,900
Listed by Premier Listings Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,140
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OH DAEKYUN
  • Current Owner 2: PARK YOUNGMI
  • Previous Owner : JEFFERY KATHERINE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961600

Zoning

  • Zoning: R3

Geography

  • Account Number: 011220
  • District: 041200
  • Section: 94.72
  • Parcel: 041200 94.072-5-21.2
  • Block: 5
  • Lot: 21.002
  • Municipality: OLEAN
  • Latitude: 42.0741
  • Longitude: -78.4401

    Address

  • Full Address: 306 S 8th St
  • Address - House Number: 306
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C006
  • 4-Digit Zip Code: 3406
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,366
  • Tax Rate Code Area: 41200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,000
  • First Open Lien Mortgage Lender: HAMLIN BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Sep 20, 2023
  • First Open Lien Mortgage Loan Amount: $56,000
  • 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: Sep 20, 2053

    Market Valuation

  • Market Total Value: $38,590
  • Market Land Value: $6,667
  • Market Improvement Value: $31,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,100
  • Assessed Land Value: $5,200
  • Assessed Improvements Value: $24,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Sep 20, 2023
  • Current Sale Transaction ID: 11913900418
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202313194
  • Previous Sale Recording Date: Sep 10, 1997
  • Previous Sale Contract Date: Sep 10, 1997
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAMLIN BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Sep 20, 2023
  • First Mortgage Loan Amount: $56,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$70,000 Feb 1, 2023
$70,000 Mar 20, 2023
$191/mo
House
3 Beds
2 Baths
-
$74,000 Mar 30, 2021
$74,000 Jun 7, 2021
$91/mo
House
3 Beds
2 Baths
-
$67,840 Oct 6, 2022
$67,840 Dec 21, 2022
$165/mo
House
3 Beds
1 Bath
-
$86,301 Sep 30, 2022
$86,301 Jan 13, 2023
$153/mo
House
3 Beds
1 Bath
-
$70,000 May 24, 2022
$70,000 Jan 31, 2023
$260/mo
Multifamily
Stu
-
-
$72,500 Nov 17, 2022
$72,500 Feb 22, 2023
$239/mo
House
3 Beds
2 Baths
-
$69,900 Jul 25, 2023
-
$232/mo
House
3 Beds
2 Baths
-
$79,000 Jul 27, 2023
-
$204/mo
House
3 Beds
2 Baths
-
$59,900 May 3, 2023
-
$235/mo
House
4 Beds
2 Baths
-
$74,500 Aug 30, 2023
-
$303/mo
House
3 Beds
1 Bath
-
$81,900 Jun 17, 2023
-
$204/mo
Multifamily
4 Beds
2 Baths
-
$59,900 Jul 12, 2023
-
$186/mo

About Olean


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Nearby Rentals



Frequently Asked Questions

When was property at 306 South 8th Street built and last sold?
The property at 306 South 8th Street was built in 1890 and last sold on Sep 14, 2023 for $70,000.
How much is this home worth?
The estimated value of the home located at 306 South 8th Street is $70,599.
What are some comparable homes to 306 South 8th Street?
Homes that are comparable to 306 South 8th Street include a house property at 312 West Green Street, 810 West Henley Street, 205 South 8th Street.

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