NOT LISTED FOR SALE

118 S 4th St Olean, NY 14760

Estimated Value: $77,000 - $112,546

3 Beds
2 Baths
1,705 Sq Ft
$55/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $65,000 $38 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $581/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Multiple Heating Units
  • Full Attic

About This Home

As of June 2021

Great income property. Some hardwood floors. nice woodwork, 2 bedrooms up with a partially finished attic with plumbing for a second bathroom. Lower apartment has a nice size 1 bedroom master with bathroom. Off street parking.This property is priced to sell!

Last Agent to Sell the Property

Karen Callahan

Listing by RE/MAX On Point License #10401294365 Listed on: 04/01/2021

RE/MAX On Point

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1910

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 128 x 40

Parking

  • Stone Driveway

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,705 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 10
  • Assessor Parcel Number 041200-094-064-0014-010-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,453

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: State
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 553191.49
  • Ratio Close Price By Sq Ft: 38.12
  • Ratio List Price By Acres: 536170.21
  • Ratio List Price By Sq Ft: 36.95
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 1190
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5120
  • Age of Building: 113
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1705
  • Directions To Property: State Street to S 4th
  • Sq Ft Total Pub: 1705
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 1705

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.1175

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-064-0014-010-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2453

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 1997
Sold by
Gelsomino Frank T
Bought by
Perkins James A
Current Estimated Value
$93,637
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

Date Buyer Sale Price Title Company
Perkins James A $66,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $65,000 +3.2% $38 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $63,000 -- $37 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $2,427 $45,000 $3,700 $41,300
2017 $1,824 $45,000 $3,700 $41,300
2016 $1,804 $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

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Map

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

MLS Number: B1327079

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0014-010-000-0000