NOT LISTED FOR SALE

114 W Oak St Olean, NY 14760

Estimated Value: $53,000 - $94,883

4 Beds
2 Baths
1,850 Sq Ft
$41/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $45,000 $24 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $473/month

545 Days on Market

About This Home

As of February 2012

Great duplex in the North End. Both units have 2 bedrooms and are on separate utilities. Nice backyard with a deck . There is a 2 car garage that each unit has access to. Come and see how this investment could work for you.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 07/15/2010

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 132 x 33

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range Hood

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Car Garage
  • Stone Driveway

Schools

  • Boardmanville Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes garage
  • Assessor Parcel Number 041200-094-040-0002-041-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $9,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 100
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 51500
  • Gross Annual Income: 9660
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • L P Per Acre: 599000.0000
  • List Price per Sq Ft: 32.3783
  • Nearest Cross Street: North Union
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 450000.00
  • Ratio Close Price By Sq Ft: 24.32
  • Ratio List Price By Acres: 599000.00
  • Ratio List Price By Sq Ft: 32.38
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Garage
  • School Tax: 1219
  • Sale Price List Price: 0.7512
  • S P Per Acre: 450000.0000
  • S P Per Sq Ft: 24.3243
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 59900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Take North Union Street to West Oak. Left onto West Oak. House is on the right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Gas-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 10
  • Total Sq Ft: 1850

Exterior Features

  • Construction: Brick, Vinyl
  • Number of Acres: 0.1000

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-040-0002-041-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2594

MLS Schools

  • Elementary School Name: Boardmanville Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2010
Closed on
Feb 17, 2012
Sold by
Washington Daniel
Bought by
Schnell Matthew
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$64,500
Sold Price
$45,000
Premium/Discount to List
-$19,500
-30.23%
Current Estimated Value
$75,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,721
Avg. Annual Appreciation
3.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schnell Matthew $45,000 David Palumbo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $45,000 -30.2% $24 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
07/15/2010 07/15/10 For Sale $64,500 -- $35 / 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 $2,845 $45,000 $3,700 $41,300
2023 $1,694 $45,000 $3,700 $41,300
2022 $1,719 $45,000 $3,700 $41,300
2021 $1,768 $45,000 $3,700 $41,300
2020 $1,781 $45,000 $3,700 $41,300
2019 $675 $45,000 $3,700 $41,300
2018 $2,538 $45,000 $3,700 $41,300
2017 $1,702 $45,000 $3,700 $41,300
2016 $1,636 $45,000 $3,700 $41,300
2015 -- $45,000 $3,700 $41,300
2014 -- $45,000 $3,700 $41,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B367453

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0002-041-000-0000