NOT LISTED FOR SALE

114 S 7th St Olean, NY 14760

Estimated Value: $78,000 - $111,000

3 Beds
2 Baths
1,933 Sq Ft
$49/Sq Ft Est. Value

Sale Details

Date Sold: October 6, 2017

Last sale price $60,000 $31 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $634 / mo

7 Days on Market

Highlights

  • Private Yard
  • Forced Air Heating System
  • Baseboard Heating
  • Patio
  • Ceiling Fan
  • 5-minute walk to Oak Hill Park

About This Home

As of October 2017

The 2 unit home has been very well maintained and is immaculate. Furnace in 1st floor apartment is 3 years old, furnace in 2nd floor apartment is 12 years old, roof is 9 years old. Live in one of the apartments and let the second pay your mortgage and taxes. Both units have washer and dryer hook ups. Fully fenced in back yard and a carport large enough for 2 vehicles. All utilities are separate. You won't find a nicer 2 unit home in Olean at this price. Call today to take a look

Last Agent to Sell the Property

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals - Olean License #40FI1153618 Listed on: 07/26/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals - Olean License #40FI1153618 Listed on: 07/26/2017

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 62x128
  • Property is Fully Fenced
  • Private Yard

Home Design

  • Duplex

Interior Spaces

  • 1,933 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Paved Parking

Outdoor Features

  • Patio

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 94.064-12-12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,185

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1925
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: State street to South 7th Street
  • Architectural Style: Duplex
  • Carport Y N: Yes
  • Flooring: Carpet, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Dryer, Exhaust Fan, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Washer
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Waterfront: No
  • Construction Type: Other, See Remarks
  • Exterior Features: Fully Fenced, Patio, Private Yard, See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Carport, Paved, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 94.064-12-12
  • Lot Dimensions: 62X128
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2185.0

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 26, 2017
Closed on
Oct 6, 2017
Sold by
Bought by
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
Buyer's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
List Price
$64,500
Sold Price
$60,000
Premium/Discount to List
-$4,500
-6.98%
Current Estimated Value
$95,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,394
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Sep 11, 2009
Sold by
Bought by

Purchase Details

Closed on
May 16, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Eric M. Firkel
$30,000 Daniel Palumbo
$44,200 Jeremiah J Moriarty Iii
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
10/06/2017 10/06/17 Sold $60,000 -7.6% $31 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/27/2017 07/27/17 Price Changed $64,900 +0.6% $34 / Sq Ft
07/26/2017 07/26/17 For Sale $64,500 -- $33 / 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 $1,535 $40,000 $4,900 $35,100
2024 $2,529 $40,000 $4,900 $35,100
2023 $1,506 $40,000 $4,900 $35,100
2022 $1,528 $40,000 $4,900 $35,100
2021 $1,572 $40,000 $4,900 $35,100
2020 $1,583 $40,000 $4,900 $35,100
2019 $600 $40,000 $4,900 $35,100
2018 $2,158 $40,000 $4,900 $35,100
2017 $1,621 $40,000 $4,900 $35,100
2016 $1,604 $40,000 $4,900 $35,100
2015 -- $40,000 $4,900 $35,100
2014 -- $40,000 $4,900 $35,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1065090

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0012-012-000-0000

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