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628 Queen Street

628 Queen Street, Olean, NY 14760
Property in Olean
Sold Mar 26, 2018
$50,000
$40,000 by Community Bank Na
Mortgage Due Jan 01, 2048
Sold Mar 02, 2011
$25,000
Local assessors in Olean, NY have categorized 628 Queen Street as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 8,250 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 628 Queen Street has a total of 1,040 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a covered porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 628 Queen Street was last sold in Mar 22, 2018 for $50,000. According to our calculations, that's $48.08 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Mar 1, 2011. Current property owners are expected to pay $1,257 in taxes per year. The property on 628 Queen Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $45,000. To break that down further, the land itself was valued at $7,000. While improvements to the property were assessed at a total of $38,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 2
  • 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: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GARDNER MATTHEW S
  • Previous Owner : MORRIS MASON AIMEE M
  • Owner Before Previous Owner: MORRIS JEANNETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961800

Zoning

  • Zoning: R2

Geography

  • Account Number: 042385
  • District: 041200
  • Section: 94.59
  • Parcel: 041200 94.059-5-81
  • Block: 5
  • Lot: 81.000
  • Municipality: OLEAN
  • Latitude: 42.0825
  • Longitude: -78.4108

    Address

  • Full Address: 628 Queen St
  • Address - House Number: 628
  • Address - Street Name: Queen
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C011
  • 4-Digit Zip Code: 3058
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,257
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 73,547
  • High Value: 84,861
  • Low Value: 62,232

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK NA
  • First Open Lien Mortgage Recording Date: Mar 26, 2018
  • First Open Lien Mortgage Loan Amount: $40,000
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $57,692
  • Market Land Value: $8,974
  • Market Improvement Value: $48,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $38,000

    Sales

  • Current Sale Contract Date: Mar 22, 2018
  • Current Sale Recording Date: Mar 26, 2018
  • Current Sale Transaction ID: 11754277729
  • Current Sale Price: $50,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 02, 2011
  • Previous Sale Contract Date: Mar 01, 2011
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK NA
  • First Mortgage Transaction Date: Mar 26, 2018
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jan 01, 2048

About Olean



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Frequently Asked Questions

What neighborhood is 628 Queen Street located in?
The 628 Queen Street is a located in the neighborhood of Olean in Olean, Olean.
What is the average sales price for listings in 628 Queen Street?
The average sales price for units in 628 Queen Street is $0 currently.

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