NOT LISTED FOR SALE

1201 Buffalo St Unit 5 Olean, NY 14760

Estimated Value: $88,000 - $135,000

3 Beds
2 Baths
3,307 Sq Ft
$32/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $61,000 $18 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $751/month

Highlights

  • 0.6 Acre Lot
  • Corner Lot
  • Ceiling Fan
  • Wood Flooring
  • Property is near a bus stop
  • High Speed Internet

About This Home

As of July 2021

Duplex with an attached garage as well as a 2+car detached garage, located on a corner lot across from the credit union in Olean. Currently rented, some updates needed.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 04/26/2021

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 04/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 193 x 135
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,307 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 4
  • Assessor Parcel Number 041200-094-056-0002-004-000-0000

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 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 62000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 193
  • Lot Dimension Front: 135
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Number: 4
  • Nearest Cross Street: N 12th
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 101717.53
  • Ratio Close Price By Sq Ft: 18.45
  • Ratio List Price By Acres: 115057.53
  • Ratio List Price By Sq Ft: 20.86
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1640
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 26123
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 3307
  • Directions To Property: Buffalo street to 12th, on corner
  • Sq Ft Total Pub: 3307
  • Unit: 5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 3307

Exterior Features

  • Construction: Vinyl, Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.5997

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Wall Furnace
  • 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: 041200-094-056-0002-004-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3385

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Snopowski Margaret J
Bought by
Snoopy Ft
Current Estimated Value
$105,246

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jul 14, 2021
Sold by
Brushingham Judith A
Bought by
Snopkowski Margaret J
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$69,000
Sold Price
$61,000
Premium/Discount to List
-$8,000
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%
Original Mortgage
$34,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2016
Sold by
Erickson Estate Of Alice Gore
Bought by
Brushingham Judith A

Purchase Details

Closed on
Mar 10, 1998

Purchase Details

Closed on
Jul 11, 1996
Source: Public Records

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
Snoopy Ft -- None Available
Snopkowski Margaret J $61,000 None Available
Brushingham Judith A -- John M. Hart, Jr.
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snopkowski Margaret J $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $61,000 -11.6% $18 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $69,000 0.0% $21 / Sq Ft
12/27/2016 12/27/16 Rented $550 0.0% --
12/20/2016 12/20/16 Under Contract -- -- --
12/08/2016 12/08/16 For Rent $550 -- --
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 $2,341 $62,000 $9,500 $52,500
2023 $2,334 $62,000 $9,500 $52,500
2022 $2,368 $62,000 $9,500 $52,500
2021 $2,436 $62,000 $9,500 $52,500
2020 $4,233 $62,000 $9,500 $52,500
2019 $931 $62,000 $9,500 $52,500
2018 $3,344 $62,000 $9,500 $52,500
2017 $3,528 $62,000 $9,500 $52,500
2016 $2,486 $62,000 $9,500 $52,500
2015 -- $62,000 $9,500 $52,500
2014 -- $62,000 $9,500 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1332418

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0002-004-000-0000