Seller's Agent in 2023
Regis Handley
Howard Hanna
(716) 307-9256
119 in this area
215 Total Sales
Estimated Value: $69,000 - $293,161
3
Beds
2
Baths
1,188
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- Luxury Vinyl Tile Flooring
- Baseboard Heating
- 1-Story Property
About This Home
As of November 2023Welcome to this fantastic income property opportunity in Olean, NY! This well-maintained property features two units, offering an excellent investment potential for both seasoned investors and first-time buyers. Located in a desirable neighborhood, this property provides convenient access to local amenities, schools, and transportation. Whether you're looking to generate rental income or live in one unit while renting out the other, this property is a great choice.
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 07/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,574
Year Built
- Built in 1890
Lot Details
- 4,754 Sq Ft Lot
- Lot Dimensions are 69 x 68
Interior Spaces
- 1,188 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
- Scuttle Attic Hole
Flooring
- Wall to Wall Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Multiple Heating Units
- Baseboard Heating
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes all utilities
- Tax Lot 41
- Assessor Parcel Number 041200-094-064-0002-041-000-0000
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Oct 9, 2023
Sold by
Property Sltns Wny Inc and Folland
Bought by
Liliang Llc
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Views
15
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
$66,290
Avg. Annual Appreciation
38.47%
Purchase Details
Listed on
Jun 10, 2015
Closed on
Jul 12, 2016
Sold by
Heysham Mary
Bought by
Property Solutions Of Wny Inc
Seller's Agent
Jon Farleo
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Purchase Details
Closed on
Oct 18, 2005
Sold by
Pierce Estate Dorothy
Bought by
Heysham Mary
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liliang Llc | $260,000 | None Available | |
| Property Solutions Of Wny Inc | $45,000 | Daniel Derose | |
| Property Solutions Of Wny Inc | $45,000 | Daniel Derose | |
| Heysham Mary | $10,000 | William Mountain | |
| Heysham Mary | $10,000 | William Mountain |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $65,000 | +8.5% | $55 / Sq Ft | |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- | |
| 07/13/2023 07/13/23 | For Sale | $59,900 | +33.1% | $50 / Sq Ft | |
| 08/05/2016 08/05/16 | Sold | $45,000 | -18.2% | $38 / Sq Ft | View Prior Sale |
| 05/03/2016 05/03/16 | Pending | -- | -- | -- | |
| 06/10/2015 06/10/15 | For Sale | $55,000 | -- | $46 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History Compared to Growth
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 | $1,834 | $29,000 | $3,700 | $25,300 |
| 2023 | $1,092 | $29,000 | $3,700 | $25,300 |
| 2022 | $1,108 | $29,000 | $3,700 | $25,300 |
| 2021 | $1,140 | $29,000 | $3,700 | $25,300 |
| 2020 | $1,147 | $29,000 | $3,700 | $25,300 |
| 2019 | $435 | $29,000 | $3,700 | $25,300 |
| 2018 | $2,031 | $29,000 | $3,700 | $25,300 |
| 2017 | $1,175 | $29,000 | $3,700 | $25,300 |
| 2016 | $1,163 | $29,000 | $3,700 | $25,300 |
| 2015 | -- | $29,000 | $3,700 | $25,300 |
| 2014 | -- | $29,000 | $3,700 | $25,300 |
Source: Public Records
Agents Affiliated with this Home
-
Regis Handley
-
Karen Callahan
Buyer's Agent in 2023
Karen Callahan
RE/MAX
(716) 244-7878
91 in this area
113 Total Sales
-
J
Seller's Agent in 2016
Jon Farleo
Howard Hanna
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1484291
APN: 041200-094-064-0002-041-000-0000
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.
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