Check Availability

725 Barnum Road

725 Barnum Road, Olean, NY 14760
Property in Olean
Sold Sep 01, 2015
$69,000
$55,000 by Olean Area Federal Credit Unio
Mortgage Due Jan 01, 2044
Local assessors in Olean, NY have categorized 725 Barnum Road as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 51,000 square feet. The linear feet between the front and back of the lot was measured at 3,400 ft and the front of the lot was measured at 1,500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 725 Barnum Road has a total of 1,152 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 250 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 alum/vinyl siding 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, 725 Barnum Road was last sold in Aug 31, 2015 for $69,000. According to our calculations, that's $59.90 per sqft. Current property owners are expected to pay $1,649 in taxes per year. The property on 725 Barnum Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $70,500. To break that down further, the land itself was valued at $5,300. While improvements to the property were assessed at a total of $65,200. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 250
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 51,000
  • Lot Size Depth Feet: 3,400
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 03 01 04 S-6

Ownership

  • Current Owner : THOMSON DEBORA L
  • Previous Owner : MALONE ESTATE WILLIAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portville Central School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961200

Zoning

  • Zoning: AR

Geography

  • Account Number: 0624
  • District: 046600
  • Section: 103.03
  • Parcel: 046600 103.003-2-59
  • Block: 2
  • Lot: 59.000
  • Municipality: OLEAN
  • Latitude: 42.0324
  • Longitude: -78.4405

    Address

  • Full Address: 725 Barnum Rd
  • Address - House Number: 725
  • Address - Street Name: Barnum
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Olean
  • Carrier Code: R002
  • 4-Digit Zip Code: 9678
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,649
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 91,972
  • High Value: 105,305
  • Low Value: 78,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: OLEAN AREA FEDERAL CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Sep 01, 2015
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 339
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2044

    Market Valuation

  • Market Total Value: $125,893
  • Market Land Value: $9,464
  • Market Improvement Value: $116,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,500
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $65,200

    Sales

  • Current Sale Contract Date: Aug 31, 2015
  • Current Sale Recording Date: Sep 01, 2015
  • Current Sale Transaction ID: 1348467332
  • Current Sale Price: $69,000
  • Current Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLEAN AREA FEDERAL CREDIT UNIO
  • First Mortgage Transaction Date: Sep 01, 2015
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 339
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2044

About Cattaraugus



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 725 Barnum Road located in?
The 725 Barnum Road is a located in the neighborhood of Olean in Cattaraugus, Olean.
What is the average sales price for listings in 725 Barnum Road?
The average sales price for units in 725 Barnum Road is $0 currently.

Quantcast