Seller's Agent in 2025
Paul Pezzimenti
Howard Hanna
(716) 378-7039
341 Total Sales
118 S 8th St Olean, NY 14760
Olean AreaEstimated Value: $93,000 - $112,497
2
Beds
2
Baths
1,614
Sq Ft
$63/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- 3 Car Garage
- Rectangular Lot
- Ceiling Fan
- High Speed Internet
About This Home
As of November 2025Looking for a smart addition to your investment portfolio or the perfect owner-occupied opportunity? This freshly updated upper/lower duplex checks all the boxes! Each unit features 1 spacious bedroom, making it ideal for easy-to-manage rental income or comfortable living with added income potential. From the moment you pull into the blacktop driveway, you'll appreciate the low-maintenance vinyl siding and curb appeal. A rare bonus, the three-car garage offers extra storage or rental potential for added cash flow. Inside, both units have been refreshed with modern flooring and a full coat of fresh paint, so they're clean, bright, and move-in ready. With separate entrances and a functional layout in each unit, this property offers flexibility and immediate rental potential. Whether you're a seasoned investor or just starting out, this property is a ready-to-go income producer. Don't miss your chance to own this solid, low-hassle duplex in a desirable location!
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 06/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,516
Year Built
- Built in 1900
Lot Details
- 5,120 Sq Ft Lot
- Lot Dimensions are 40x128
- Rectangular Lot
Parking
- 3 Car Garage
Home Design
- Duplex
- Block Foundation
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 1,614 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Washington West Elementary School
- Olean Middle School
- Olean Senior High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 40
- Assessor Parcel Number 041200-094-064-0012-040-000-0000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2025
Closed on
Oct 12, 2025
Sold by
Bought by
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$109,900
Sold Price
$103,500
Premium/Discount to List
-$6,400
-5.82%
Views
55
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,626
Avg. Annual Appreciation
-2.30%
Purchase Details
Closed on
Dec 3, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | -- | ||
| $36,000 | Gregory Shemeld |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Sold | $103,500 | -5.8% | $64 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $109,900 | -- | $68 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax 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.
| 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 | $2,456 | $64,000 | $5,000 | $59,000 |
| 2024 | $4,047 | $64,000 | $5,000 | $59,000 |
| 2023 | $2,409 | $64,000 | $5,000 | $59,000 |
| 2022 | $2,444 | $64,000 | $5,000 | $59,000 |
| 2021 | $2,515 | $64,000 | $5,000 | $59,000 |
| 2020 | $2,532 | $64,000 | $5,000 | $59,000 |
| 2019 | $961 | $64,000 | $5,000 | $59,000 |
| 2018 | $3,452 | $64,000 | $5,000 | $59,000 |
| 2017 | $2,594 | $64,000 | $5,000 | $59,000 |
| 2016 | $2,566 | $64,000 | $5,000 | $59,000 |
| 2015 | -- | $64,000 | $5,000 | $59,000 |
| 2014 | -- | $64,000 | $5,000 | $59,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Pezzimenti
-
Karen Callahan
Buyer's Agent in 2025
Karen Callahan
RE/MAX
(716) 244-7878
114 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1617968
APN: 041200-094-064-0012-040-000-0000
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