NOT LISTED FOR SALE

115 W Elm St Olean, NY 14760

Estimated Value: $59,000 - $113,000

4 Beds
2 Baths
2,242 Sq Ft
$40/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2017

Last sale price $38,700 $17 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $549 / mo

133 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System

About This Home

As of May 2017

Great Investment Property, with great cashflow. Current rents @ $1,045 / month. Taxes currently $2,550. This property will generate great return on investment. 2 bed 1 bath lower and 2 bed 1 bath upper. Maintenance free vinyl siding, brand new roof. This property is ready to work for you.

Last Agent to Sell the Property

Amanda Hulbert

Listing by Real Estate Pros & More License #10401290231 Listed on: 11/17/2016

Last Buyer's Agent

Amanda Hulbert

Listing by Real Estate Pros & More License #10401290231 Listed on: 11/17/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1855

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 041200-094-040-0002-031-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1855

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1855
  • Lot Features: Corner Lot
  • Directions: North on North Union St., Right onto West Elm St. house is on the corner of West Elm and Maple St.
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1148
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-040-0002-031-000-0000
  • Lot Dimensions: 50X100
  • Lot Size Sq Ft: 5000.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

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: 2593.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
May 26, 2017
Sold by
Disorbo Joseph J and Disorbo ,
Bought by
Rentals Llc Elliott
Seller's Agent
Amanda Hulbert
Real Estate Pros & More
Buyer's Agent
Amanda Hulbert
Real Estate Pros & More
List Price
$45,000
Sold Price
$38,700
Premium/Discount to List
-$6,300
-14%
Current Estimated Value
$85,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,786
Avg. Annual Appreciation
9.68%
Original Mortgage
$198,000
Outstanding Balance
$94,243
Interest Rate
3.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$5,214
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
Rentals Llc Elliott $38,700 Brian C. Palumbo
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 Rentals Llc Elliott $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $38,700 -14.0% $17 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $45,000 -- $20 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $6,113 $46,900 $4,300 $42,600
2024 $2,965 $46,900 $4,300 $42,600
2023 $1,766 $46,900 $4,300 $42,600
2022 $1,791 $46,900 $4,300 $42,600
2021 $1,843 $46,900 $4,300 $42,600
2020 $5,471 $46,900 $4,300 $42,600
2019 $2,019 $46,900 $4,300 $42,600
2018 $4,635 $46,900 $4,300 $42,600
2017 $3,248 $46,900 $4,300 $42,600
2016 $1,880 $46,900 $4,300 $42,600
2015 -- $46,900 $4,300 $42,600
2014 -- $46,900 $4,300 $42,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: B1014123

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-040-0002-031-000-0000

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