Caitlin Croft
Iconic Real Estate
(716) 221-8308
84 Total Sales
6 in Olean
$142K - $218K Price Range
113 S 6th St Olean, NY 14760
Olean Area
--
Beds
--
Baths
4,140
Sq Ft
3,750
Sq Ft Lot
Highlights
- Deck
- High Speed Internet
- 4-minute walk to Oak Hill Park
- Baseboard Heating
- Vinyl Flooring
About This Home
As of September 20207-unit apartments with separated utilities. Very updated apartments, with several recently remodeled. Cap rate of 13%+ ($300 per month in water bills paid by owner, ~$1,500 insurance, 10% vacancy expense, 10% operating expense, taxes of $7,044). Sale includes 94.064-13-40 (vacant land) and 94.064-13-41 (apartment house).
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 04/08/2020
Last Buyer's Agent
Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 04/08/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,043
Year Built
- Built in 1935
Lot Details
- 3,750 Sq Ft Lot
- Lot Dimensions are 37x100
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 4,140 Sq Ft Home
- 2-Story Property
Kitchen
- Electric Oven
- Electric Range
Flooring
- Laminate
- Vinyl
Parking
- No Garage
- Gravel Driveway
Outdoor Features
- Deck
Schools
- Washington West Elementary School
- Olean Middle School
- Olean Senior High School
Utilities
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 7 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes water
- Tax Lot 41
- Assessor Parcel Number 041200-094-064-0013-041-000-0000
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
Closed on
May 2, 2022
Sold by
Walsh Huskies Llc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,600
Outstanding Balance
$463,328
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 8, 2020
Closed on
Aug 31, 2020
Sold by
Ace Apartments Llc
Bought by
Walsh Huskies Llc
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$229,900
Sold Price
$140,000
Premium/Discount to List
-$89,900
-39.1%
Purchase Details
Closed on
Mar 4, 2016
Sold by
Minor Louise M
Bought by
Ace Apartments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 6, 2010
Sold by
Minor David
Bought by
Minor Louise
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Olean, NY
-
Caitlin Croft
-
Heather Chase
Heather Chase
ERA Team VP Real Estate
(878) 217-7080
145 Total Sales
4 in Olean
$100K - $200K Price Range
-
Anthony Dubreville
Anthony Dubreville
Keller Williams Realty WNY
(716) 221-8737
107 Total Sales
2 in Olean
$26,000 Price Range
-
Jonas Willson
Jonas Willson
Genesee River Realty
(585) 648-5008
89 Total Sales
1 in Olean
$18,000 Price
-
James Klossner
James Klossner
Whitetail Properties Real Estate, LLC
(585) 627-0630
98 Total Sales
1 in Olean
$105,000 Price
-
Regis Handley
Regis Handley
Howard Hanna Professionals - Olean
(585) 378-5525
233 Total Sales
130 in Olean
$20K - $450K Price Range
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 |
|---|---|---|---|
| $690,000 | None Available | ||
| Walsh Huskies Llc | -- | None Available | |
| Ace Apartments Llc | $135,000 | Eric Firkel | |
| Minor Louise | -- | -- |
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 | $501,600 | ||
| Closed | Walsh Huskies Llc | $336,000 | |
| Previous Owner | Ace Apartments Llc | $101,250 | |
| Previous Owner | Minor David J | $140,000 |
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 |
|---|---|---|---|---|
| 09/14/2020 09/14/20 | Sold | $140,000 | -12.5% | $34 / Sq Ft |
| 06/19/2020 06/19/20 | Pending | -- | -- | -- |
| 05/20/2020 05/20/20 | Price Changed | $160,000 | -30.4% | $39 / Sq Ft |
| 04/08/2020 04/08/20 | For Sale | $229,900 | -- | $56 / 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 | $10,816 | $126,000 | $6,500 | $119,500 |
| 2024 | $7,967 | $126,000 | $6,500 | $119,500 |
| 2023 | $4,744 | $126,000 | $6,500 | $119,500 |
| 2022 | $4,812 | $126,000 | $6,500 | $119,500 |
| 2021 | $4,951 | $126,000 | $6,500 | $119,500 |
| 2020 | $4,986 | $126,000 | $6,500 | $119,500 |
| 2019 | $1,891 | $126,000 | $6,500 | $119,500 |
| 2018 | $6,797 | $126,000 | $6,500 | $119,500 |
| 2017 | $5,107 | $126,000 | $6,500 | $119,500 |
| 2016 | $5,052 | $126,000 | $6,500 | $119,500 |
| 2015 | -- | $126,000 | $6,500 | $119,500 |
| 2014 | -- | $126,000 | $6,500 | $119,500 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Pezzimenti
Seller's Agent in 2020
Paul Pezzimenti
Howard Hanna
(716) 378-7039
340 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1260035
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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