$39,000
SOLD JUN 17, 2022

1206 Spruce St Olean, NY 14760

-- Bed
-- Bath
1,950 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

7% Below List Price

32 Days on Market

About This Home

As of September 2024

Excellent investment opportunity, upper and lower apartment two beds one bath each. sold AS-IS

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 03/31/2022

Howard Hanna Professionals - Olean

Last Buyer's Agent

Walter Mysiak

Listing by WNY Metro Roberts Realty License #10401360851

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,293

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 132 x 33

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 28
  • Assessor Parcel Number 041200-094-040-0003-028-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,293

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 23655
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • Lot Number: 28
  • Nearest Cross Street: water
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 433333.33
  • Ratio Close Price By Sq Ft: 20.00
  • Ratio List Price By Acres: 433333.33
  • Ratio List Price By Sq Ft: 20.00
  • Regional Board Code: Rochester
  • Rent Includes: All Utilities
  • School Tax: 627
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3920
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1950
  • Directions To Property: 4th to Spruce
  • Sq Ft Total Pub: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1950

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0900

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Wall Furnace
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-040-0003-028-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1293

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jun 3, 2022
Sold by
Southard Kimberly A
Bought by
Herron Kyle
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Walter Mysiak
WNY Metro Roberts Realty
List Price
$42,000
Sold Price
$39,000
Premium/Discount to List
-$3,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Mar 21, 2022
Sold by
Herron Kyle
Bought by
Kashem Umar and Kashem Sanu

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jun 10, 2015
Sold by
Filjones Ronald
Bought by
Southard Kimberly A
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$24,900
Sold Price
$22,000
Premium/Discount to List
-$2,900
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$17,600
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2008
Sold by
Filjones Nicholas
Bought by
Filjones Nicholas
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $39,000 None Available
Warranty Deed $29,000 First American Title
Deed $22,000 Eric Firkel
Deed $22,000 Eric Firkel
Interfamily Deed Transfer -- Daniel Palumbo
Interfamily Deed Transfer -- Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $17,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $45,900 +76.5% $24 / Sq Ft
09/09/2024 09/09/24 Sold $26,000 +48.6% $13 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $17,500 -55.1% $9 / Sq Ft
06/17/2022 06/17/22 Sold $39,000 0.0% $20 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/13/2022 04/13/22 Price Changed $39,000 -7.1% $20 / Sq Ft
03/31/2022 03/31/22 For Sale $42,000 +90.9% $22 / Sq Ft
06/12/2015 06/12/15 Sold $22,000 -11.6% $11 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $24,900 -- $13 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,345 $23,655 $2,600 $21,055
2023 $891 $23,655 $2,600 $21,055
2022 $903 $23,655 $2,600 $21,055
2021 $930 $23,655 $2,600 $21,055
2020 $2,014 $23,655 $2,600 $21,055
2019 $355 $23,655 $2,600 $21,055
2018 $2,338 $23,655 $2,600 $21,055
2017 $2,025 $23,655 $2,600 $21,055
2016 $2,006 $23,655 $2,600 $21,055
2015 -- $23,655 $2,600 $21,055
2014 -- $35,000 $2,600 $32,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1396703

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-040-0003-028-000-0000