Seller's Agent in 2025
Ken Bailey
Real Estate Pros & More
(716) 307-6960
59 in this area
141 Total Sales
Estimated Value: $77,000 - $91,000
3
Beds
3
Baths
1,918
Sq Ft
$44/Sq Ft
Est. Value
Highlights
- Space Heater
- Rectangular Lot
- Carpet
About This Home
As of October 2025Great investment opportunity in the heart of Olean! This 3-unit property at 125 S. 7th St offers solid rental potential with an estimated monthly income of approximately $1,800. Each unit is in overall good condition and the property is being sold as-is, allowing for immediate use or the opportunity to make updates and increase value. The first-floor apartment features an extra room that could easily be converted into an additional bedroom for added income potential. A shared driveway leads to a parking pad in the rear, providing off-street parking for tenants. Conveniently located near downtown, schools, and public transportation, this property is ideal for investors or owner-occupants looking to generate steady rental income. Don’t miss your chance to add this versatile property to your portfolio!
Last Agent to Sell the Property
Listing by Real Estate Pros & More Brokerage Phone: 716-307-6960 License #10371200907 Listed on: 07/29/2025
Last Buyer's Agent
Listing by Real Estate Pros & More Brokerage Phone: 716-307-6960 License #10371200907 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,790
Year Built
- Built in 1910
Lot Details
- 3,840 Sq Ft Lot
- Lot Dimensions are 30x128
- Rectangular Lot
Parking
- Common or Shared Parking
Home Design
- Triplex
- Vinyl Siding
Interior Spaces
- 1,918 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Washington West Elementary School
- Olean Middle School
- Olean Senior High School
Utilities
- Space Heater
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 3 Units
- 3 Separate Gas Meters
Listing and Financial Details
- Rent includes water
- Tax Lot 62
- Assessor Parcel Number 041200-094-064-0013-062-000-0000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2025
Closed on
Oct 29, 2025
Sold by
Bought by
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$79,900
Sold Price
$79,900
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,328
Avg. Annual Appreciation
9.52%
Original Mortgage
$63,920
Outstanding Balance
$62,989
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,239
Purchase Details
Closed on
Nov 21, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $80,000 | -- | ||
| $52,000 | Edward Wright |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $63,920 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | Sold | $79,900 | 0.0% | $42 / Sq Ft |
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | For Sale | $79,900 | -- | $42 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,949 | $50,800 | $2,900 | $47,900 |
| 2024 | $3,212 | $50,800 | $2,900 | $47,900 |
| 2023 | $1,913 | $50,800 | $2,900 | $47,900 |
| 2022 | $1,940 | $50,800 | $2,900 | $47,900 |
| 2021 | $1,996 | $50,800 | $2,900 | $47,900 |
| 2020 | $2,010 | $50,800 | $2,900 | $47,900 |
| 2019 | $763 | $50,800 | $2,900 | $47,900 |
| 2018 | $2,740 | $50,800 | $2,900 | $47,900 |
| 2017 | $2,059 | $50,800 | $2,900 | $47,900 |
| 2016 | $2,037 | $50,800 | $2,900 | $47,900 |
| 2015 | -- | $50,800 | $2,900 | $47,900 |
| 2014 | -- | $50,800 | $2,900 | $47,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Bailey
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1626453
APN: 041200-094-064-0013-062-000-0000
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