Jerry Thompson
Century 21 North East
(716) 687-0473
336 Total Sales
2 in Olean
$145,000 Price Range
110 S 2nd St Olean, NY 14760
Olean Area
--
Bed
--
Bath
3,480
Sq Ft
6,098
Sq Ft Lot
Highlights
- Baseboard Heating
- Wall to Wall Carpet
- 5-minute walk to Lincoln Park
About This Home
As of September 2016Very good income producing four unit. Well maintained, long term tenants and very reasonable expenses makes this a great investment.
Last Agent to Sell the Property
Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 06/02/2016
Last Buyer's Agent
Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 06/02/2016
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 150 x 40
Interior Spaces
- 3,480 Sq Ft Home
- 2-Story Property
- Wall to Wall Carpet
- Basement Fills Entire Space Under The House
- Attic Stairs
Kitchen
- Gas Cooktop
- Range Hood
Parking
- No Garage
- No Driveway
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Rent includes electric, heat, water
- Assessor Parcel Number 041200-094-065-0010-017-000-0000
Community Details
Overview
- 4 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
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
Jun 2, 2016
Closed on
Sep 13, 2016
Sold by
Bought by
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Outstanding Balance
$27,301
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 30, 2014
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Olean, NY
-
Jerry Thompson
-
Aimee Campbell
Aimee Campbell
Responds QuicklyEmpire Realty Group
(585) 565-5382
157 Total Sales
1 in Olean
$155,000 Price
-
Caitlin Croft
Caitlin Croft
Iconic Real Estate
(716) 221-8308
84 Total Sales
6 in Olean
$142K - $218K Price Range
-
Heather Chase
Heather Chase
ERA Team VP Real Estate
(878) 217-7080
146 Total Sales
4 in Olean
$100K - $200K Price Range
-
Anthony Dubreville
Anthony Dubreville
Keller Williams Realty WNY
(716) 221-8737
105 Total Sales
2 in Olean
$26,000 Price Range
-
Jonas Willson
Jonas Willson
Genesee River Realty
(585) 648-5008
88 Total Sales
1 in Olean
$18,000 Price
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 |
|---|---|---|---|
| $45,000 | Brian C. Palumbo | ||
| $27,470 | Michael A. Morgan |
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 | $36,000 | ||
| Previous Owner | $67,061 | ||
| Previous Owner | $32,000 | ||
| Closed | $32,000 |
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 |
|---|---|---|---|---|
| 09/15/2016 09/15/16 | Sold | $45,000 | -24.9% | $13 / Sq Ft |
| 07/12/2016 07/12/16 | Pending | -- | -- | -- |
| 06/02/2016 06/02/16 | For Sale | $59,900 | -- | $17 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
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 | $1,727 | $45,000 | $9,000 | $36,000 |
| 2024 | $2,845 | $45,000 | $9,000 | $36,000 |
| 2023 | $1,694 | $45,000 | $9,000 | $36,000 |
| 2022 | $1,719 | $45,000 | $9,000 | $36,000 |
| 2021 | $1,768 | $45,000 | $9,000 | $36,000 |
| 2020 | $1,781 | $45,000 | $9,000 | $36,000 |
| 2019 | $675 | $45,000 | $9,000 | $36,000 |
| 2018 | $2,427 | $45,000 | $9,000 | $36,000 |
| 2017 | $1,824 | $45,000 | $9,000 | $36,000 |
| 2016 | $2,165 | $54,000 | $9,000 | $45,000 |
| 2015 | -- | $54,000 | $9,000 | $45,000 |
| 2014 | -- | $54,000 | $9,000 | $45,000 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Butler
T
Seller's Agent in 2016
Thomas Butler
Southern Tier Realty Co. Inc.
(716) 378-7141
36 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B501176
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.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.