NOT LISTED FOR SALE

1220 Plum St Olean, NY 14760

Estimated Value: $84,000 - $108,080

4 Beds
2 Baths
1,458 Sq Ft
$69/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $52,000 $36 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $662/month

93 Days on Market

Highlights

  • Wood Flooring
  • Front Green Space
  • Baseboard Heating

About This Home

As of November 2016

Check out this very well maintained two family, four bedroom, two bath house located in a quiet neighborhood. Off street parking with one car garage. Upstairs apartment balcony overlooks large back yard.

Last Listed By

Jon Farleo

Listing by Howard Hanna Professionals License #10301214488 Listed on: 07/18/2016

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 178 x 50
  • Front Green Space

Interior Spaces

  • 1,458 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Parking

  • 1 Car Garage
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-067-0005-002-000-0000

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 1950

Lot Details

0

Listing Details

  • Age: 66
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 61500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 178
  • Lot Dimension Front: 50
  • Lot Information: Green Area
  • L P Per Acre: 275000.0000
  • List Price per Sq Ft: 37.7229
  • Nearest Cross Street: Line St.
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 260000.00
  • Ratio Close Price By Sq Ft: 35.67
  • Ratio List Price By Acres: 275000.00
  • Ratio List Price By Sq Ft: 37.72
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1575
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 55000.00
  • Year Built Description: Existing
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: Seneca Ave to Line St. turn left. from Line St. turn right onto Plum St. House on right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Range Hood-Exhaust Fan
  • Number of Rooms: 8
  • Total Sq Ft: 1458

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.2000

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Shared

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-067-0005-002-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3301

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 24, 2016
Sold by
Green Laura
Bought by
Laborde Rebecca
Seller's Agent
Jon Farleo
Howard Hanna Professionals
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$55,000
Sold Price
$52,000
Premium/Discount to List
-$3,000
-5.45%
Total Days on Market
93
Current Estimated Value
$101,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,270
Avg. Annual Appreciation
5.89%
Original Mortgage
$54,120
Outstanding Balance
$44,602
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$39,977

Purchase Details

Closed on
Jul 9, 2014
Sold by
Estate Of Theresa V Karowitz
Bought by
Green Laura A

Purchase Details

Closed on
Dec 12, 2008
Sold by
Olkosky Wood Estella
Bought by
Karowitz John

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
Laborde Rebecca $55,120 Michael Morgan
Green Laura A $61,500 Carl Vahl
Karowitz John $61,500 Carl R Vahl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laborde Rebecca $54,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $52,000 -5.5% $36 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $55,000 -- $38 / 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 $3,905 $61,500 $7,200 $54,300
2023 $2,315 $61,500 $7,200 $54,300
2022 $2,349 $61,500 $7,200 $54,300
2021 $2,417 $61,500 $7,200 $54,300
2020 $2,433 $61,500 $7,200 $54,300
2019 $923 $61,500 $7,200 $54,300
2018 $3,317 $61,500 $7,200 $54,300
2017 $2,493 $61,500 $7,200 $54,300
2016 $2,466 $61,500 $7,200 $54,300
2015 -- $61,500 $7,200 $54,300
2014 -- $61,500 $7,200 $54,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B504802

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-067-0005-002-000-0000