NOT LISTED FOR SALE

Estimated Value: $11,000 - $87,381

5 Beds
2 Baths
2,066 Sq Ft
$29/Sq Ft Est. Value

Last Sold February 05, 2025

Last sale price $10,000 $5 Per Sq Ft

Est. 503% increase in value since last sale

Current estimated payment $362/month

109 Days on Market

Highlights

  • Hot Water Heating System
  • Carpet
  • 1-minute walk to Greenwood Hill Farm

About This Home

As of February 2025

Introducing a unique investment opportunity! This multi-unit property, located in a quiet neighborhood, offers great potential for savvy buyers. While the second floor has experienced fire damage, the property is being sold "as is," providing an ideal canvas for restoration or redevelopment. This property is ready for someone with vision to bring it back to life. The layout offers flexibility, making it perfect for investors looking to create rental income or a buyer seeking a multi-unit living arrangement. Don’t miss this chance to transform a property with untapped potential!

Last Agent to Sell the Property

George Frankford

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 717-951-7910 License #10401384628 Listed on: 08/26/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

George Frankford

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 717-951-7910 License #10401384628 Listed on: 08/26/2024

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,673 Sq Ft Lot
  • Lot Dimensions are 33x81

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 216.15-3-5

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

2,673 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1920
  • Attribution Contact: 717-951-7910
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Wellsville, head east on 417 until you come into Andover. Make a left on CR 21 and soon after a right onto Dyke Street. Property immediately on your left.
  • Flooring: Carpet, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.06
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Driveway, On Street

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Andover

Lot Info

  • Parcel Number: 216.15-3-5
  • Lot Dimensions: 33X81
  • Lot Size Sq Ft: 2673.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2754.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Jan 24, 2025
Sold by
Andover Historic Prs Corp
Bought by
Theraj Industries Llc
Seller's Agent
George Frankford
Howard Hanna Professionals - Olean
Buyer's Agent
George Frankford
Howard Hanna Professionals - Olean
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%
Views
80
Current Estimated Value
$60,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,345
Avg. Annual Appreciation
463.14%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Theraj Industries Llc $10,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2025 02/05/25 Sold $10,000 -33.3% $5 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $15,000 -- $7 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $622 $15,500 $500 $15,000
2023 $2,775 $48,000 $5,100 $42,900
2022 $2,692 $48,000 $5,100 $42,900
2021 $1,969 $48,000 $5,100 $42,900
2020 $2,658 $48,000 $5,100 $42,900
2019 $2,544 $48,000 $5,100 $42,900
2018 $2,544 $48,000 $5,100 $42,900
2017 $2,552 $48,000 $5,100 $42,900
2016 $2,733 $37,600 $500 $37,100
2015 -- $37,600 $500 $37,100
2014 -- $37,600 $500 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1560480

Chautauqua-Cattaraugus Board of REALTORS®

APN: 023001-216-015-0003-005-000-0000

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