NOT LISTED FOR SALE

112 N 8th St Olean, NY 14760

Estimated Value: $86,000 - $105,524

2 Beds
2 Baths
1,770 Sq Ft
$53/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $42,000 $24 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $652/month

229 Days on Market

About This Home

As of December 2016

Motivated seller for Income property 2 bedroom lower and 1 bedroom upper in need of some TLC with great potential. Priced to sell. GREAT PRICE REDUCTION

Last Agent to Sell the Property

Suzanne Cansdale

Listing by Century 21 North East License #10401262744 Listed on: 02/06/2016

Century 21 North East

Last Buyer's Agent

Mary Pepper

Listing by No Office Affiliation License #37PE1161655

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 85 x 42

Parking

  • 1 Car Garage

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Linoleum

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0008-066-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 106
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 49500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 85
  • Lot Dimension Front: 42
  • Lot Information: Neighborhood Street
  • L P Per Acre: 624987.5000
  • List Price per Sq Ft: 28.2480
  • Nearest Cross Street: WEST STATE STREET
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 525000.00
  • Ratio Close Price By Sq Ft: 23.73
  • Ratio List Price By Acres: 624987.50
  • Ratio List Price By Sq Ft: 28.25
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1363
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Rehab Needed
  • Type of Sale: Normal
  • Value Range Search Low Price: 49999.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: WEST STATE TO NORTH EIGHTH
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Partially Finished
  • Basement Description: Crawl Space, Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl
  • Number of Rooms: 9
  • Total Sq Ft: 1770

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0800

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Hot Water
  • 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: 041200-094-064-0008-066-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2727

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2017
Sold by
Yox Bonnie Lee
Bought by
Redding Karen
Current Estimated Value
$93,881

Purchase Details

Closed on
Oct 3, 2003
Sold by
Nenno Elwood Robert
Bought by
Yox Bonnie

Purchase Details

Closed on
Mar 3, 2003
Sold by
Nenno Michael L
Bought by
Elwood Robert C
Source: Public Records

Range of Values:

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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
Redding Karen $42,000 David Brautigam
Yox Bonnie $47,300 Duane Root
Elwood Robert C $26,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $42,000 -20.5% $24 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $52,800 -- $30 / 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 $1,869 $49,500 $3,200 $46,300
2023 $1,864 $49,500 $3,200 $46,300
2022 $1,890 $49,500 $3,200 $46,300
2021 $1,945 $49,500 $3,200 $46,300
2020 $3,380 $49,500 $3,200 $46,300
2019 $743 $49,500 $3,200 $46,300
2018 $2,730 $49,500 $3,200 $46,300
2017 $2,006 $49,500 $3,200 $46,300
2016 $4,436 $49,500 $3,200 $46,300
2015 -- $49,500 $3,200 $46,300
2014 -- $49,500 $3,200 $46,300
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Cansdale

    Seller's Agent in 2016

    Suzanne Cansdale

    Century 21 North East

    (716) 515-8740

    3 in this area

    120 Total Sales

    Suzanne Cansdale
    Section Image

  • M

    Buyer's Agent in 2016

    Mary Pepper

    No Office Affiliation

See All Agents

Map

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

MLS Number: B492786

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0008-066-000-0000

New York Cattaraugus County Olean 14760

112 N 8th St, Olean, NY

This home is located at 112 N 8th St, Olean, NY 14760 since 06 February 2016 and is currently estimated at $93,881, approximately $53 per square foot. This property was built in 1910. 112 N 8th 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.

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