NOT LISTED FOR SALE

103 N 3rd St Olean, NY 14760

Estimated Value: $94,122 - $111,000

4 Beds
2 Baths
2,344 Sq Ft
$43/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $82,000 $35 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $658/month

6 Days on Market

Highlights

  • Wood Flooring
  • Front Green Space
  • High Speed Internet
  • Forced Air Cooling System

About This Home

As of October 2022

Check out this very well maintained two story, two family, four bedroom two bath house centrally located in the City of Olean. House features an upper and lower unit each with two bedrooms and one bath. Downstairs has enclosed side porch, eat in kitchen, beautiful hard wood floors in LR and DR, both bedrooms have newly installed carpet and the newly remodeled bath has new vanity, toilet and shower. bath has access from both bedrooms. Upstairs unit has kitchen, bath, LR, DR, and enclosed porch. Other features include shared full basement with two entrances and a two car detached garage.

Last Listed By

Jon Farleo

Listing by Howard Hanna Professionals License #10301214488 Listed on: 07/11/2022

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 1900

Lot Details

  • 4,048 Sq Ft Lot
  • Lot Dimensions are 51 x 78
  • Front Green Space

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Car Garage
  • Stone Driveway

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 17
  • Assessor Parcel Number 041200-094-065-0011-017-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,108

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 56700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 51
  • Lot Dimension Front: 78
  • Lot Information: Green Area, Neighborhood Street
  • Lot Number: 17
  • Nearest Cross Street: West State St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 882669.54
  • Ratio Close Price By Sq Ft: 34.98
  • Ratio List Price By Acres: 860064.59
  • Ratio List Price By Sq Ft: 34.09
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • School Tax: 1505
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4048
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2344
  • Directions To Property: Turn onto N. 3rd from West State St., house is second on left.
  • Sq Ft Total Pub: 2344
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2344

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: High Speed Internet
  • Number of Acres: 0.0929

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Garage, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-065-0011-017-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3108

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Fitzpatrick-Baer Michelle and Baer Chester R
Bought by
Fitzpatrick Baer Prop Llc
Total Days on Market
6
Current Estimated Value
$100,553

Purchase Details

Closed on
Dec 7, 2012
Sold by
Fisher J. Eldon
Bought by
Wind Elaina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2006
Sold by
Fisher Ann
Bought by
Fisher J. Eldon

Range of Values:

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Average Value
Not Available
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
Fitzpatrick Baer Prop Llc -- None Available
Wind Elaina $70,000 Gregory Shemeld
Wind Elaina $70,000 Gregory Shemeld
Fisher J. Eldon -- Bert R. Dohl
Fisher J. Eldon -- Bert R. Dohl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucco Christopher E $54,000
Previous Owner Wind Elaina $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $82,000 +2.6% $35 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $79,900 -- $34 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,600 $56,700 $1,200 $55,500
2023 $2,135 $56,700 $1,200 $55,500
2022 $2,165 $56,700 $1,200 $55,500
2021 $2,228 $56,700 $1,200 $55,500
2020 $2,244 $56,700 $1,200 $55,500
2019 $851 $56,700 $1,200 $55,500
2018 $3,059 $56,700 $1,200 $55,500
2017 $2,298 $56,700 $1,200 $55,500
2016 $1,579 $56,700 $1,200 $55,500
2015 -- $56,700 $1,200 $55,500
2014 -- $56,700 $1,200 $55,500
Source: Public Records

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1419540

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-065-0011-017-000-0000