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329 North 11th Street

329 North 11th Street, Olean, NY 14760
Property in Olean
Sold Oct 07, 2016
$58,500
$46,800 by Olean Area Federal Credit Unio
Mortgage Due Jan 01, 2031
Sold Nov 26, 2003
$53,000
329 North 11th Street in Olean, NY was first built in 1890 and is 134 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 329 North 11th Street has 1,588 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 6,700 square feet.

Learn more about the property and building on this page. There is a covered porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a material which is produced from two or more constituent materials. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Oct 6, 2016 for $58,500. That's $36.84 per sqft. Prior to that sales transaction, the property was also sold in Nov 26, 2003 for $53,000. 329 North 11th Street was last assessed in 2023. The total value of the property was assessed at $56,500. Specifically, the land the property is located on was valued at $4,300. While improvements on the property were assessed at a total of $52,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,578. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 6,700
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,588
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PETERSON CHRISTINE
  • Previous Owner : WADA RINTARO
  • Owner Before Previous Owner: CAPRA MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Account Number: 012110
  • District: 041200
  • Section: 94.56
  • Parcel: 041200 94.056-3-37
  • Block: 3
  • Lot: 37.000
  • Municipality: OLEAN
  • Latitude: 42.0828
  • Longitude: -78.4439

    Address

  • Full Address: 329 N 11th St
  • Address - House Number: 329
  • Street Direction: N
  • Address - Street Name: 11th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C010
  • 4-Digit Zip Code: 2112
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,578
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1527
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 75,091
  • High Value: 86,562
  • Low Value: 63,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $46,800
  • First Open Lien Mortgage Lender: OLEAN AREA FEDERAL CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Oct 07, 2016
  • First Open Lien Mortgage Loan Amount: $46,800
  • First Open Lien Mortgage Term: 170
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2031

    Market Valuation

  • Market Total Value: $72,436
  • Market Land Value: $5,513
  • Market Improvement Value: $66,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,500
  • Assessed Land Value: $4,300
  • Assessed Improvements Value: $52,200

    Sales

  • Current Sale Contract Date: Oct 06, 2016
  • Current Sale Recording Date: Oct 07, 2016
  • Current Sale Transaction ID: 1866099453
  • Current Sale Price: $58,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 26, 2003
  • Previous Sale Contract Date: Nov 26, 2003
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLEAN AREA FEDERAL CREDIT UNIO
  • First Mortgage Transaction Date: Oct 07, 2016
  • First Mortgage Loan Amount: $46,800
  • First Mortgage Terms: 170
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2031

About Olean



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 329 North 11th Street located in?
The 329 North 11th Street is a located in the neighborhood of Olean in Olean, Olean.
What is the average sales price for listings in 329 North 11th Street?
The average sales price for units in 329 North 11th Street is $0 currently.

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