$88,000
SOLD JUN 13, 2025

116 E Green St Olean, NY 14760

3 Beds
2 Baths
2,052 Sq Ft
2,800 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

7% Below List Price

20 Days on Market

Highlights

  • Property is near public transit
  • Rectangular Lot
  • Carpet
  • Forced Air Heating System

About This Home

As of June 2025

This is a fantastic investment opportunity! This well-maintained duplex offers two units with great potential. The downstairs unit is a spacious 2-bedroom, 1-bath, while the upper unit is a cozy 1-bedroom, 1-bath. Both units feature brand new stoves, refrigerators, and washer/dryer units for convenience. The property has seen numerous updates over the years, including renovated kitchens and bathrooms. The roof is just 2 years old, and most of the windows have been replaced. The home also boasts new carpet, fresh paint, and updated fixtures throughout, all completed within the last 10 years. Additionally, the property has separate utilities, with two new hot water tanks and a furnace that's only 1 year old upstairs (the downstairs furnace is 8 years old). Currently, both units are occupied with below-market rents at $725 and $625, offering plenty of room for rental income growth. Invest in yourself!!! Don’t miss out on this great opportunity!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team Brokerage Phone: 716-307-8894 License #40AT1023399 Listed on: 03/19/2025

Last Buyer's Agent

Rebecca Laborde

Listing by EXP-Premier Listings Team License #10401331095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,692

Year Built

  • Built in 1915

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 28x100
  • Rectangular Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 9
  • Assessor Parcel Number 041200-094-073-0006-009-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,692

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1915
  • Attribution Contact: 716-307-8894
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Carpet, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0643
  • 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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-073-0006-009-000-0000
  • Lot Dimensions: 28X100
  • Lot Size Sq Ft: 2800.0
  • 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: 1692.0
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Jun 2, 2025
Sold by
Macklin James L
Bought by
Tabone Family Irt and Tabone
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Rebecca Laborde
EXP-Premier Listings Team
List Price
$94,900
Sold Price
$88,000
Premium/Discount to List
-$6,900
-7.27%
Views
19
Current Estimated Value
$85,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,430
Avg. Annual Appreciation
53.53%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Schwabenbauer Ben H and Schwabenbauer Rose M
Bought by
Macklin James L Margart
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $88,000 None Available
Deed $35,500 --
Deed $35,500 --
Deed $35,500 --
Deed $35,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $25,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $88,000 -7.3% $43 / Sq Ft
04/08/2025 04/08/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $94,900 -- $46 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,660 $31,500 $2,200 $29,300
2023 $1,186 $31,500 $2,200 $29,300
2022 $1,203 $31,500 $2,200 $29,300
2021 $1,238 $31,500 $2,200 $29,300
2020 $2,682 $31,500 $2,200 $29,300
2019 $473 $31,500 $2,200 $29,300
2018 $3,113 $31,500 $2,200 $29,300
2017 $2,697 $31,500 $2,200 $29,300
2016 $2,671 $31,500 $2,200 $29,300
2015 -- $31,500 $2,200 $29,300
2014 -- $31,500 $2,200 $29,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1594220

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-073-0006-009-000-0000