NOT LISTED FOR SALE

1212 Goodrich Ave Olean, NY 14760

Estimated Value: $83,000 - $106,463

4 Beds
2 Baths
1,548 Sq Ft
$62/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $49,000 $32 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $631/month

9 Days on Market

About This Home

As of May 2019

Olean, NY - Two Unit House with 2 bedrooms in each unit. Current long term tenants. All separate utilities, off street parking, and vinyl siding.

Last Listed By

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 02/25/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 211 x 78

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 9
  • Assessor Parcel Number 041200-094-067-0003-009-000-0000

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 1915

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 56000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 211
  • Lot Dimension Front: 78
  • Lot Information: Neighborhood Street
  • Lot Number: 9
  • Nearest Cross Street: Line Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 129698.25
  • Ratio Close Price By Sq Ft: 31.65
  • Ratio List Price By Acres: 145314.98
  • Ratio List Price By Sq Ft: 35.47
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1447
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 16458
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: Dugan Road to Goodrich Ave, just before Line Street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding- Some, Refrigerator
  • Total Sq Ft: 1548

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.3778

Garage/Parking

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

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

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-067-0003-009-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3076

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 8, 2019
Sold by
Bender Eileen M
Bought by
Whitaker Jeffrey T
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$54,900
Sold Price
$49,000
Premium/Discount to List
-$5,900
-10.75%
Total Days on Market
9
Current Estimated Value
$96,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,366
Avg. Annual Appreciation
13.40%
Original Mortgage
$39,200
Outstanding Balance
$35,373
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,066

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 7, 2019
Sold by
Bender Eileen M and Almasi Eileen M
Bought by
Whitaker Jeffrey T
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$54,900
Sold Price
$49,000
Premium/Discount to List
-$5,900
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Outstanding Balance
$35,373
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,066

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
Whitaker Jeffrey T $49,000 None Available
Whitaker Jeffrey T $49,000 None Available
Whitaker Jeffrey T $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker Jeffrey T $39,200
Closed Whitaker Jeffrey T $39,200
Closed Whitaker Jeffrey T $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $49,000 -10.7% $32 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $54,900 -- $35 / 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 $3,556 $56,000 $9,800 $46,200
2023 $2,108 $56,000 $9,800 $46,200
2022 $2,139 $56,000 $9,800 $46,200
2021 $2,201 $56,000 $9,800 $46,200
2020 $2,216 $56,000 $9,800 $46,200
2019 $841 $56,000 $9,800 $46,200
2018 $3,021 $56,000 $9,800 $46,200
2017 $2,270 $56,000 $9,800 $46,200
2016 $2,245 $56,000 $9,800 $46,200
2015 -- $56,000 $9,800 $46,200
2014 -- $56,000 $9,800 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1174719

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-067-0003-009-000-0000