NOT LISTED FOR SALE

118 S 4th St Olean, NY 14760

Estimated Value: $75,000 - $113,000

3 Beds
2 Baths
1,705 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2021

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

Est. 39% increase in value since last sale

Current estimated payment $625 / mo

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

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 40x128

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Utilities

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

Community Details

  • 2 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 10
  • Assessor Parcel Number 041200-094-064-0014-010-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,453

Year Built

Built in 1910

Lot Details

5,120 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1910
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: State Street to S 4th
  • Flooring: Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1175
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Gravel, Two or More Spaces

Utilities

  • Heating: Electric, 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: 041200-094-064-0014-010-000-0000
  • Lot Dimensions: 40X128
  • Lot Size Sq Ft: 5120.0
  • 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: 3

Tax Info

  • Tax Annual Amount: 2453.0
  • Tax Lot: 10

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
$90,031
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
2025 $1,727 $45,000 $3,700 $41,300
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

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