NOT LISTED FOR SALE

121 S 7th St Olean, NY 14760

Estimated Value: $47,000 - $71,000

3 Beds
2 Baths
1,336 Sq Ft
$44/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $14,500 $11 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $435/month

159 Days on Market

Highlights

  • Front Green Space
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of February 2012

Two story, two family house with two bedrooms one bath down and one bedroom one bath up. Both units currently rented with yearly lease.

Last Agent to Sell the Property

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 07/28/2011

Howard Hanna Professionals - Olean

Last Buyer's Agent

Beth Ann Hilyer

Listing by No Office Affiliation License #10401229604

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 128 x 30
  • Front Green Space

Interior Spaces

  • 1,336 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Linoleum

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-064-0013-064-000-0000

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

0

Listing Details

  • Age: 111
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 22500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 30
  • Lot Information: Green Area
  • L P Per Acre: 222222.2200
  • List Price per Sq Ft: 14.9700
  • Nearest Cross Street: West State St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 161111.11
  • Ratio Close Price By Sq Ft: 10.85
  • Ratio List Price By Acres: 222222.22
  • Ratio List Price By Sq Ft: 14.97
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 530
  • Sale Price List Price: 0.7250
  • S P Per Acre: 161111.1100
  • S P Per Sq Ft: 10.8532
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 20000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Turn onto South Seventh St., house is on left half way up the block
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 7
  • Total Sq Ft: 1336

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0900

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-064-0013-064-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1127

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2011
Closed on
Feb 1, 2012
Sold by
Degeer Doug
Bought by
Dayton Robert
Seller's Agent
Jon Farleo
Howard Hanna Professionals - Olean
Buyer's Agent
Beth Ann Hilyer
No Office Affiliation
List Price
$20,000
Sold Price
$14,500
Premium/Discount to List
-$5,500
-27.5%
Current Estimated Value
$60,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,864
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Jan 24, 2007
Sold by
Vanderkraats Phillip
Bought by
Degeer Doug

Purchase Details

Closed on
Oct 13, 2000
Sold by
Morrow Kip A
Bought by
Vander Kraats Phillip G

Purchase Details

Closed on
Dec 20, 1996
Sold by
Everitt Robert E and Everitt Constance M
Bought by
Morrow Kip A
Source: Public Records

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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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
Dayton Robert $14,500 --
Degeer Doug $20,000 Daniel G. Synakowski
Vander Kraats Phillip G $26,000 Daniel R Palumbo
Morrow Kip A $23,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $14,500 -27.5% $11 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
07/28/2011 07/28/11 For Sale $20,000 -- $15 / Sq Ft
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 $1,423 $22,500 $2,900 $19,600
2023 $847 $22,500 $2,900 $19,600
2022 $859 $22,500 $2,900 $19,600
2021 $884 $22,500 $2,900 $19,600
2020 $3,533 $22,500 $2,900 $19,600
2019 $1,777 $22,500 $2,900 $19,600
2018 $4,808 $22,500 $2,900 $19,600
2017 $1,558 $22,500 $2,900 $19,600
2016 $902 $22,500 $2,900 $19,600
2015 -- $22,500 $2,900 $19,600
2014 -- $22,500 $2,900 $19,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jon Farleo

    Howard Hanna

    Section Image

  • B

    Buyer's Agent in 2012

    Beth Ann Hilyer

    No Office Affiliation

See All Agents

Map

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

MLS Number: B391279

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0013-064-000-0000

New York Cattaraugus County Olean 14760

121 S 7th St, Olean, NY

Not Listed for Sale

MultiFamily

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