Check Availability
Olean 14760
509 3rd Avenue
$61,900
House - For Sale

509 3rd Avenue

Olean-City, NY 14760
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$523
Estimated Monthly
$0
HOA / Fees
25.00%
Cap Rate

About This Property

Unit Size
-
Days on Market
49 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1895
Listed By
Ronald Wolf
Real Estate Pros & More
Last updated: 7 days ago (NYSAMLS #R1525720)

Price History

Date / Event Date Event Price
Apr 23, 2024 Relisted $61,900
Relisted
Apr 22, 2024 In contract -
In contract
Apr 17, 2024 Price Decreased $61,900
↓ $2K (3.1%)
Price Decreased
Mar 12, 2024 Listed by Real Estate Pros & More $63,900
Listed by Real Estate Pros & More
Mar 9, 2024 No longer available -
No longer available
Show More

Property Highlights

Parking Details
Parking Features: No Garage
Interior Details

Bedroom Information

Bedrooms: 3
Bedrooms on Main Level: 1

Bathroom Information

Full Bathrooms: 1
Half Bathrooms: 1
Bathrooms on Main Level: 1

Interior Information

Interior Features: Eatin Kitchen, Separate Formal Living Room, Country Kitchen, Bedroomon Main Level
Appliances: Gas Cooktop, Gas Water Heater
Flooring Type: Hardwood, Tile, Varies

Room Information

Laundry Features: Upper Level
Rooms: 6

Basement Information

Has Basement
Full, WalkOutAccess

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.149

Ownership

  • Current Owner : WOLF MICHELE
  • Previous Owner : HENSEL RICHARD
  • Is Owner Occupied: unknown

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Account Number: 056625
  • District: 041200
  • Section: 94.50
  • Parcel: 041200 94.050-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: OLEAN
  • Latitude: 42.0893
  • Longitude: -78.4238

    Address

  • Full Address: 509 3rd Ave
  • Address - House Number: 509
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Olean
  • Carrier Code: C011
  • 4-Digit Zip Code: 1736
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,648
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 55,394
  • High Value: 63,878
  • Low Value: 46,910

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $57,667
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDERS
  • First Open Lien Mortgage Recording Date: Jun 20, 2005
  • First Open Lien Mortgage Loan Amount: $37,600
  • First Open Lien Mortgage Term: 258
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2027
  • Second Open Lien Mortgage Lender: SUSTAINABLE NEIGHBORHOODS LLC
  • Second Open Lien Mortgage Recording Date: Jul 20, 2016
  • Second Open Lien Mortgage Loan Amount: $20,067
  • Second Open Lien Mortgage Term: 221
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $62,179
  • Market Land Value: $6,538
  • Market Improvement Value: $55,641

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,500
  • Assessed Land Value: $5,100
  • Assessed Improvements Value: $43,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2005
  • Current Sale Recording Date: Jun 20, 2005
  • Current Sale Transaction ID: 1193594194
  • Current Sale Price: $47,000
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Mar 13, 1997
  • Previous Sale Contract Date: Jan 30, 1997
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDERS
  • First Mortgage Transaction Date: Jun 20, 2005
  • First Mortgage Loan Amount: $37,600
  • First Mortgage Terms: 258
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Jan 01, 2027

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$73,000 Feb 9, 2024
$73,000 Apr 1, 2024
$221/mo
Multifamily
Stu
-
-
$58,000 Mar 31, 2021
$58,000 Jun 25, 2021
$77/mo
Multifamily
Stu
-
-
$41,500 Apr 5, 2021
$41,500 Jul 16, 2021
$80/mo
House
5 Beds
2 Baths
-
$49,900 Feb 5, 2024
-
$325/mo
Multifamily
9 Beds
5 Baths
-
$64,900 Apr 5, 2024
-
$451/mo

About Olean


Similar Homes for Sale

Unit for sale at 709 North Union Street, Olean-City, NY 14760

$49,900

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709 North Union Street, Olean-City, NY 14760 Listing by Travis Thurston

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Frequently Asked Questions

When was property at 509 3rd Avenue built and last sold?
The property at 509 3rd Avenue was built in 1895 and last sold on Jun 17, 2005 for $47,000.
How much is this home worth?
The estimated value of the home located at 509 3rd Avenue is $64,539.
What are some comparable homes to 509 3rd Avenue?
Homes that are comparable to 509 3rd Avenue include a house property at 709 North Union Street, 417 Paragon Avenue, 533 3rd Avenue.

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