NOT LISTED FOR SALE

118 S 14th St Unit 20 Olean, NY 14760

Estimated Value: $78,000 - $249,000

6 Beds
2 Baths
2,160 Sq Ft
$57/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $40,500 $19 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $918/month

45 Days on Market

About This Home

As of September 2014

Duplex on 14th! Solid 6 bedroom, 2 bath duplex on a neighborhood street. Some paint and repairs needed, but you are starting with a 42 x 101 lot, hardwood floors and some copper plumbing. Great rental! Call for your appointment today.

Last Listed By

Darcy Branch

Listing by No Office Affiliation License #40BR0766111 Listed on: 05/07/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 101 x 42

Home Design

  • Duplex

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Wood
  • Linoleum

Parking

  • No Garage
  • No Driveway

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-063-0006-026-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Age: 99
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 48000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 101
  • Lot Dimension Front: 42
  • Lot Information: Neighborhood Street
  • L P Per Acre: 499000.0000
  • List Price per Sq Ft: 23.1018
  • Nearest Cross Street: Henley
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 405000.00
  • Ratio Close Price By Sq Ft: 18.75
  • Ratio List Price By Acres: 499000.00
  • Ratio List Price By Sq Ft: 23.10
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1184
  • Sale Price List Price: 0.8116
  • S P Per Acre: 405000.0000
  • S P Per Sq Ft: 18.7500
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: West State Street to South 14 Property is on the right side(west side) of the street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Attic Description: Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl
  • Kitchen Appliances Included: Oven/Range Electric-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 12
  • Total Sq Ft: 2160

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1000

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-063-0006-026-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2509

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
Sep 17, 2014
Sold by
Ketchner Paula
Bought by
Levia Cyrus and Levia
Seller's Agent
Darcy Branch
No Office Affiliation
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$49,900
Sold Price
$40,500
Premium/Discount to List
-$9,400
-18.84%
Total Days on Market
45
Current Estimated Value
$123,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,430
Avg. Annual Appreciation
5.81%
Original Mortgage
$32,400
Interest Rate
4.14%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2007
Sold by
County Of Cattaraugus
Bought by
Ketchner Paula

Purchase Details

Closed on
Mar 7, 2007
Sold by
Washington Paula
Bought by
County Of Cattaraugus

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Levia Cyrus $40,500 Daniel Palumbo
Ketchner Paula $13,667 --
County Of Cattaraugus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Levia Cyrus $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $40,500 -18.8% $19 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $49,900 -- $23 / 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 $2,730 $43,000 $4,100 $38,900
2023 $1,619 $43,000 $4,100 $38,900
2022 $1,642 $43,000 $4,100 $38,900
2021 $1,690 $43,000 $4,100 $38,900
2020 $1,701 $43,000 $4,100 $38,900
2019 $645 $43,000 $4,100 $38,900
2018 $2,320 $43,000 $4,100 $38,900
2017 $1,743 $43,000 $4,100 $38,900
2016 $1,724 $43,000 $4,100 $38,900
2015 -- $43,000 $4,100 $38,900
2014 -- $48,000 $4,100 $43,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B451036

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-063-0006-026-000-0000