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Olean 14760
611 N First
$98,000
House - Off Market

611 N First

Olean-City, NY 14760
bedrooms
3 Beds
bathrooms
2 Baths
$104,215
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This spacious and charming 3 bedroom 2 bathroom house is located in a quiet and friendly neighborhood and offers plenty of room for you and your family to grow and thrive. As you enter the house, you'll find yourself in a cozy and inviting living room, perfect for relaxing and entertaining guests. The living room leads to a spacious dining room perfect for family dinners and gatherings. The eat-in kitchen is located just off the dining room, and features plenty of counter and cabinet space, as well as modern appliances. On the first floor, you'll also find a full bathroom and a bonus room in the back of the house, which can be used as a home office, playroom, or guest room. Upstairs, you'll find three comfortable and spacious bedrooms, each with plenty of closet space and natural light. There's also a full bathroom on this floor, with a bathtub and a shower. Outside, you'll love the fully fenced backyard, which offers plenty of privacy and space for outdoor activities and relaxation. There's also a shed in the backyard, which provides additional storage space for your tools and equipment.
Unit Size
-
Days on Market
76 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1929
Last updated: 9 months ago (NYSAMLS #R1468779)

Price History

Date / Event Date Event Price
Aug 30, 2023 Sold to Kendra L Colegrove $98,000
Sold to Kendra L Colegrove
Jul 18, 2023 Sold $98,000
Sold
Jun 14, 2023 In contract -
In contract
Jun 5, 2023 Price Decreased $104,500
↓ $14K (11.8%)
Price Decreased
May 23, 2023 Price Decreased $118,500
↓ $6K (4.8%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,514
  • Building Area: 1,514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,514
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COLEGROVE KENDRA L
  • Previous Owner : GAYTON DEON
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Account Number: 015540
  • District: 041200
  • Section: 94.49
  • Parcel: 041200 94.049-4-24
  • Block: 4
  • Lot: 24.000
  • Municipality: OLEAN
  • Latitude: 42.0872
  • Longitude: -78.4317

    Address

  • Full Address: 611 N 1st St
  • Address - House Number: 611
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C004
  • 4-Digit Zip Code: 2410
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,589
  • Tax Rate Code Area: 41200

    Appraisal Valuation

  • Standard Deviation: 0.1527
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 107,089
  • High Value: 123,451
  • Low Value: 90,726

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,224
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Aug 30, 2023
  • First Open Lien Mortgage Loan Amount: $96,224
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 30, 2053

    Market Valuation

  • Market Total Value: $72,949
  • Market Land Value: $4,744
  • Market Improvement Value: $68,205

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,900
  • Assessed Land Value: $3,700
  • Assessed Improvements Value: $53,200

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 30, 2023
  • Current Sale Transaction ID: 11912762179
  • Current Sale Price: $98,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202312164

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Aug 30, 2023
  • First Mortgage Loan Amount: $96,224
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$94,500 May 11, 2021
$94,500 Jul 20, 2021
$250/mo
House
3 Beds
1 Bath
-
$86,500 Nov 7, 2022
$86,500 Jan 10, 2023
$287/mo
House
3 Beds
2 Baths
-
$85,000 Sep 21, 2022
$85,000 Dec 1, 2022
$292/mo
House
4 Beds
1 Bath
-
$100,700 Oct 13, 2022
$100,700 Apr 28, 2023
$136/mo
House
2 Beds
1 Bath
-
$78,000 Sep 3, 2022
$78,000 Dec 8, 2022
$252/mo
House
4 Beds
2 Baths
-
$81,000 Sep 21, 2022
$81,000 Mar 22, 2023
$287/mo
House
3 Beds
2 Baths
-
$99,900 Jun 20, 2023
-
$206/mo
House
3 Beds
1 Bath
-
$109,900 Aug 2, 2023
-
$222/mo
House
3 Beds
1 Bath
-
$117,000 May 12, 2023
-
$253/mo
House
3 Beds
2 Baths
-
$119,500 Aug 7, 2023
-
$180/mo
House
3 Beds
4 Baths
-
$125,000 May 14, 2023
-
$317/mo
House
4 Beds
2 Baths
-
$99,000 Apr 13, 2023
-
$267/mo

About Olean


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Nearby Rentals



Frequently Asked Questions

When was property at 611 North 1st Street built and last sold?
The property at 611 North 1st Street was built in 1929 and last sold on Aug 28, 2023 for $98,000.
How much is this home worth?
The estimated value of the home located at 611 North 1st Street is $125,745.
What are some comparable homes to 611 North 1st Street?
Homes that are comparable to 611 North 1st Street include a house property at 324 North 9th Street, 306 North 9th Street, 745 North Union Street.

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