NOT LISTED FOR SALE

120 S 11th St Olean, NY 14760

Olean Area

Estimated Value: $82,000 - $106,000

5 Beds
2 Baths
2,474 Sq Ft
$40/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2015

Last sale price $9,000 $4 Per Sq Ft

Est. 986% increase in value since last sale

Current estimated payment $637 / mo

41 Days on Market

About This Home

As of May 2015

Great investment opportunity!! Or live in downstars and let upstairs pay your mortgage! Close to stores and conveniences! New roof Call today! Cash only, Sold AS-IS. no search no survey provided. Buyer to verify taxes buyer to pay transfer tax.

Last Agent to Sell the Property

Tena Smith

Listing by Kyser Realty Inc. License #10311204648 Listed on: 03/13/2015

Last Buyer's Agent

Pamela Pezzimenti

Listing by Howard Hanna Professionals - Olean License #31PE0941415

Howard Hanna Professionals - Olean

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 158 x 50

Interior Spaces

  • 2,474 Sq Ft Home
  • 2-Story Property
  • Linoleum Flooring
  • Partial Basement

Parking

  • 1 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-064-0010-015-000-0000

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 1900

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Age: 115
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 52000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 158
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 82777.7800
  • List Price per Sq Ft: 6.0226
  • Nearest Cross Street: West State St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 50000.00
  • Ratio Close Price By Sq Ft: 3.64
  • Ratio List Price By Acres: 82777.78
  • Ratio List Price By Sq Ft: 6.02
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1300
  • Sale Price List Price: 0.6040
  • S P Per Acre: 50000.0000
  • S P Per Sq Ft: 3.6400
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 14900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: South 11th St
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Partial
  • Floor Description: Linoleum/Vinyl
  • Number of Rooms: 10
  • Total Sq Ft: 2474

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1800

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Blacktop

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

Lot Info

  • Parcel Number: 041200-094-064-0010-015-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2800

MLS Schools

  • School District Name: Olean

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

Closed on
Oct 27, 2021
Sold by
Cattraugus County Of
Bought by
Current Estimated Value
$97,772

Purchase Details

Closed on
Aug 19, 2021
Sold by
Mcgonigle Christopher
Bought by
Cattaraugus County Of

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 22, 2015
Sold by
Srmof Ii Reo 2013-1 Trust
Bought by
Mcgonigle Christopher
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Pamela Pezzimenti
Howard Hanna Professionals - Olean
List Price
$18,900
Sold Price
$9,000
Premium/Discount to List
-$9,900
-52.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.48%

Purchase Details

Closed on
Apr 18, 2014
Sold by
Gildner Dennis R
Bought by
Srmof Ii Reo 2013-1 Trust

Purchase Details

Closed on
Mar 8, 2002
Sold by
Ilieff Lazar A and Ilieff Donna
Bought by
Le Blanc Noreen H
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olean, NY

  • Jonas Willson Real Estate Agent - Genesee River Realty

    Jonas Willson

    Genesee River Realty

    (585) 648-5008

    89 Total Sales

    1 in Olean

    $18,000 Price

    Jonas Willson
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  • James Klossner Real Estate Agent - Whitetail Properties Real Estate, LLC

    James Klossner

    Whitetail Properties Real Estate, LLC

    (585) 627-0630

    99 Total Sales

    1 in Olean

    $105,000 Price

    James Klossner
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  • Regis Handley Real Estate Agent - Howard Hanna Professionals - Olean

    Regis Handley

    Howard Hanna Professionals - Olean

    (585) 378-5525

    233 Total Sales

    130 in Olean

    $20K - $450K Price Range

    Regis Handley
     Section Image
  • Melanie Pritchard Real Estate Agent - ERA Team VP Real Estate

    Melanie Pritchard

    ERA Team VP Real Estate

    (716) 403-3199

    162 Total Sales

    5 in Olean

    $173K - $400K Price Range

    Melanie Pritchard
     Section Image
  • Jerry Thompson Real Estate Agent - Century 21 North East

    Jerry Thompson

    Century 21 North East

    (716) 687-0473

    337 Total Sales

    2 in Olean

    $145,000 Price Range

    Jerry Thompson
     Section Image
  • Aimee Campbell Real Estate Agent - Empire Realty Group

    Aimee Campbell

    Responds Quickly

    Empire Realty Group

    (585) 565-5382

    156 Total Sales

    1 in Olean

    $155,000 Price

    Aimee Campbell
     Section Image
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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
$48,600 None Available
Cattaraugus County Of -- None Available
Mcgonigle Christopher $9,000 Dicerbo & Palumbo
Srmof Ii Reo 2013-1 Trust $32,000 Group Llp Margolin & Weinreb
Le Blanc Noreen H $64,660 Daniel R Palumbo
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $13,019
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
05/22/2015 05/22/15 Sold $9,000 -52.4% $4 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $18,900 -- $8 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $5,272 $52,000 $5,500 $46,500
2024 $3,288 $52,000 $5,500 $46,500
2023 $1,958 $52,000 $5,500 $46,500
2022 $1,986 $52,000 $5,500 $46,500
2021 $2,043 $52,000 $5,500 $46,500
2020 $4,889 $52,000 $5,500 $46,500
2019 $1,191 $52,000 $5,500 $46,500
2018 $5,944 $52,000 $5,500 $46,500
2017 $5,914 $52,000 $5,500 $46,500
2016 $4,410 $52,000 $5,500 $46,500
2015 -- $52,000 $5,500 $46,500
2014 -- $52,000 $5,500 $46,500
Source: Public Records

Agents Affiliated with this Home

  • Tena Smith Real Estate Agent - Kyser Realty Inc.

    Seller's Agent in 2015

    Tena Smith

    Kyser Realty Inc.

    (716) 378-9266

    28 Total Sales

    Tena Smith
    Section Image
  • Pamela Pezzimenti Real Estate Agent - Howard Hanna

    Buyer's Agent in 2015

    Pamela Pezzimenti

    Howard Hanna

    (716) 373-5398

    4 Total Sales

    Pamela Pezzimenti
    Section Image
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Map

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

MLS Number: B470064

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0010-015-000-0000

New York Cattaraugus County Olean 14760

120 S 11th St, Olean, NY

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