NOT LISTED FOR SALE

1010-12 Buffalo St Olean, NY 14760

Estimated Value: $80,000 - $92,573

6 Beds
2 Baths
4,000 Sq Ft
$22/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $48,500 $12 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $590/month

118 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Tile Flooring

About This Home

As of May 2014

This home is located at 1010-12 Buffalo St, Olean, NY 14760 since 26 November 2013 and is currently estimated at $88,143, approximately $22 per square foot. This property was built in 1930. 1010-12 Buffalo St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Last Agent to Sell the Property

Thomas Siuta

Listing by No Office Affiliation License #35SI0416382 Listed on: 11/26/2013

Last Buyer's Agent

Thomas Siuta

Listing by No Office Affiliation License #35SI0416382 Listed on: 11/26/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 60 x 80

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Electric Cooktop
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Tile

Parking

  • No Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 041200-094-056-0004-029-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $2,000
  • Gross Income $23,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Age: 83
  • Annual Operating Expenses: 2000
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 70000
  • Gross Annual Income: 23000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 60
  • Lot Dimension Front: 80
  • Lot Information: Neighborhood Street
  • List Price per Sq Ft: 14.4750
  • Nearest Cross Street: 12th
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 12.13
  • Ratio List Price By Sq Ft: 14.48
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Water
  • School Tax: 800
  • Sale Price List Price: 0.8376
  • S P Per Sq Ft: 12.1300
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 57900.00
  • Year Built Description: Existing
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Two 3/3 doubles side-by-side located on 1010-1016 Buffalo St in Olean, NY. Large units with much living space and large rooms. Backyard and porch, buildings are in pretty good shape and ready for you to collect two thousand a month.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Oven/Range Electric-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 24
  • Total Sq Ft: 4000

Exterior Features

  • Construction: Wood

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 4
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-056-0004-029-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3600

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2004
Sold by
Magro Charles
Bought by
Pleakis Jessica
Current Estimated Value
$88,143

Purchase Details

Closed on
Dec 5, 1997
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pleakis Jessica $43,000 Daniel R Palumbo
-- $165,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $48,500 -19.0% $12 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $59,900 -- $15 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

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 $1,533 $24,250 $2,900 $21,350
2023 $913 $24,250 $2,900 $21,350
2022 $926 $24,250 $2,900 $21,350
2021 $953 $24,250 $2,900 $21,350
2020 $960 $24,250 $2,900 $21,350
2019 $1,953 $24,250 $2,900 $21,350
2018 $5,734 $24,250 $2,900 $21,350
2017 $2,689 $24,250 $2,900 $21,350
2016 $2,186 $24,250 $2,900 $21,350
2015 -- $24,250 $2,900 $21,350
2014 -- $24,250 $2,900 $21,350
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Siuta

    No Office Affiliation

See All Agents

Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B442675

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0004-029-000-0000

New York Cattaraugus County Olean 14760

1010-12 Buffalo St, Olean, NY

Not Listed for Sale

MultiFamily

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