$115,650
SOLD FEB 3, 2025

1209 Washington St Olean, NY 14760

4 Beds
3 Baths
2,322 Sq Ft
0.28 Acres

Recently Sold

$50 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Rectangular Lot

About This Home

As of February 2025

Excellent Investment Opportunity!! 3 Apartments in one! The Bottom floor is the entire house. It has 2 bedrooms and is currently rented for $950/month. Upstairs, you'll find 2 Apartments, Both have 1 bedroom each. They will need some updating, but rents can be around $650-750, depending on what you provide for them. The Electric & Plumbing have been updated. The Roof was put on 2018. The New Boiler was put in 2019. Utility bills average per month: gas $93, Electric $63 & Water $93. There's a large parking lot for off street parking, that was put in 2018.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team Brokerage Phone: 716-307-8894 License #40AT1023399 Listed on: 12/04/2024

Last Buyer's Agent

Kamille Connelly

Listing by EXP-Premier Listings Team License #10401357981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x152
  • Rectangular Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,322 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Common or Shared Parking
  • Gravel Driveway

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 5
  • Assessor Parcel Number 041200-094-064-0006-005-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,773

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities
  • Year Built: 1900
  • Attribution Contact: 716-307-8894
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From W State, turn North on 12th St, to the corner of Washington. House is on the right
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2816
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Common, Gravel, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0006-005-000-0000
  • Lot Dimensions: 80X152
  • Lot Size Sq Ft: 12268.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2773.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Jan 31, 2025
Sold by
Johnson Susan A
Bought by
Wamak Llc
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Kamille Connelly
EXP-Premier Listings Team
List Price
$119,000
Sold Price
$115,650
Premium/Discount to List
-$3,350
-2.82%
Views
8
Current Estimated Value
$115,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66
Avg. Annual Appreciation
0.08%
Original Mortgage
$92,520
Outstanding Balance
$91,950
Interest Rate
6.72%
Mortgage Type
Commercial
Estimated Equity
$23,766

Purchase Details

Listed on
Dec 4, 2024
Closed on
Dec 11, 2024
Sold by
Johnson Susan A
Bought by
Johnson Susan A
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Kamille Connelly
EXP-Premier Listings Team
List Price
$119,000
Sold Price
$115,650
Premium/Discount to List
-$3,350
-2.82%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,520
Outstanding Balance
$91,950
Interest Rate
6.72%
Mortgage Type
Commercial
Estimated Equity
$23,766

Purchase Details

Closed on
Aug 22, 2024
Sold by
Johnson Susan A
Bought by
Johnson Susan A

Purchase Details

Closed on
Jan 26, 2011
Sold by
Johnson Gladys Pauline
Bought by
Johnson Gladys
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $116,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- Daniel Palumbo
Interfamily Deed Transfer -- Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,520 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $115,650 -2.8% $50 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $119,000 -- $51 / 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 $2,601 $68,900 $6,100 $62,800
2023 $2,594 $68,900 $6,100 $62,800
2022 $2,631 $68,900 $6,100 $62,800
2021 $2,707 $68,900 $6,100 $62,800
2020 $2,726 $68,900 $6,100 $62,800
2019 $1,034 $68,900 $6,100 $62,800
2018 $3,717 $68,900 $6,100 $62,800
2017 $2,793 $68,900 $6,100 $62,800
2016 $2,762 $68,900 $6,100 $62,800
2015 -- $68,900 $6,100 $62,800
2014 -- $68,900 $6,100 $62,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1579602

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0006-005-000-0000