Seller's Agent in 2023
Sarah Hallberg
Lake Homes Realty
(716) 499-1387
150 Total Sales
1097 Promised Land Rd Olean, NY 14760
Portville AreaEstimated Value: $98,000 - $147,537
4
Beds
2
Baths
2,232
Sq Ft
$55/Sq Ft
Est. Value
Highlights
- 1.1 Acre Lot
- Wood Flooring
- Forced Air Heating System
- Portville Elementary School Rated A-
- Woodwork
- Ceiling Fan
About This Home
As of January 2023INCOME OPPORTUNITY AT GREAT PRICE! See this multifamily 2 unit located in a desirable area in the Portville School District. Separate utilities paid by tenants, separate entrances each with covered porches, long driveway for plenty of parking. Nice country-like setting. Furnaces for both units less than 2 yrs old, hot water tanks less than 7, appliances stay including separate washers and dryers for tenants. This one is a money maker, it won't last long!
Last Agent to Sell the Property
Listing by Lake Homes Realty Brokerage Phone: 716-499-1387 License #10401284655 Listed on: 07/21/2022
Last Buyer's Agent
Listing by Howard Hanna Professionals - Olean License #40DW0994003
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,808
Year Built
- Built in 1900
Lot Details
- 1.1 Acre Lot
- Lot Dimensions are 343x322
- Rural Setting
- Irregular Lot
Parking
- Gravel Driveway
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Aluminum Siding
- Steel Siding
Interior Spaces
- 2,232 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Window Treatments
- Washer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Portville Elementary School
- Portville Junior-Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- PEX Plumbing
- Well
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 13
- Assessor Parcel Number 047489-104-001-0002-013-000-0000
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Gas Meters
- Operating Expense $2,800
- Gross Income $16,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2022
Closed on
Dec 28, 2022
Sold by
Bought by
Seller's Agent
Sarah Hallberg
Lake Homes Realty
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$114,900
Sold Price
$77,500
Premium/Discount to List
-$37,400
-32.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,884
Avg. Annual Appreciation
14.21%
Original Mortgage
$62,000
Interest Rate
0.0661%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2018
Sold by
Bought by
Purchase Details
Closed on
Oct 23, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $77,500 | None Available | ||
| -- | -- | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $62,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/10/2023 01/10/23 | Sold | $77,500 | -13.8% | $35 / Sq Ft |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | Price Changed | $89,900 | -10.0% | $40 / Sq Ft |
| 08/17/2022 08/17/22 | Price Changed | $99,900 | -13.1% | $45 / Sq Ft |
| 07/21/2022 07/21/22 | For Sale | $114,900 | -- | $51 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,947 | $68,500 | $10,300 | $58,200 |
| 2024 | $2,907 | $68,500 | $10,300 | $58,200 |
| 2023 | $2,856 | $68,500 | $10,300 | $58,200 |
| 2022 | $2,749 | $68,500 | $10,300 | $58,200 |
| 2021 | $2,807 | $68,500 | $10,300 | $58,200 |
| 2020 | $2,821 | $68,500 | $10,300 | $58,200 |
| 2019 | $1,580 | $68,500 | $10,300 | $58,200 |
| 2018 | $2,854 | $68,500 | $10,300 | $58,200 |
| 2017 | $4,589 | $68,500 | $10,300 | $58,200 |
| 2016 | $2,741 | $68,500 | $10,300 | $58,200 |
| 2015 | -- | $68,500 | $10,300 | $58,200 |
| 2014 | -- | $68,500 | $10,300 | $58,200 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Hallberg
-
John Dwaileebe
J
Buyer's Agent in 2023
John Dwaileebe
Howard Hanna
(716) 378-3953
98 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1422255
APN: 047489-104-001-0002-013-000-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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