Seller's Agent in 2025
Regis Handley
Howard Hanna
(716) 307-9256
120 in this area
215 Total Sales
Estimated Value: $102,000 - $114,335
4
Beds
2
Baths
2,156
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Wood Siding
- Carpet
About This Home
As of April 2025This property is being sold with two adjacent properties. One is a beautiful single family home and the other is another income producing property. This fantastic multi-property offering features a 2-unit apartment building, each unit boasting 2 spacious bedrooms, 1 bathroom, a cozy front porch, and convenient off-street parking. Each apartment provides comfortable living spaces, perfect for tenants or owner-occupants looking for additional income. In addition to the 2-unit property, this sale includes a single-family home and an additional 2-unit property, offering great investment potential. Whether you're looking to expand your rental portfolio or live in one unit while generating rental income from the others, this is a prime opportunity. Don’t miss out on this rare chance to own multiple properties in one package! This property is sold with 125 N 2nd and 129 N 2nd
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 10/05/2024
Co-Listed By
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #40DW0994003
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,743
Year Built
- Built in 1930
Lot Details
- 3,438 Sq Ft Lot
- Lot Dimensions are 27x125
Parking
- Paved Parking
Home Design
- Wood Siding
Interior Spaces
- 2,156 Sq Ft Home
- 2-Story Property
- Carpet
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 041200-094-065-0010-008-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2024
Closed on
Mar 31, 2025
Sold by
Black James A
Bought by
Zhu Xun
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$479,000
Sold Price
$110,000
Premium/Discount to List
-$369,000
-77.04%
Views
28
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
$584
Avg. Annual Appreciation
0.79%
Original Mortgage
$88,000
Outstanding Balance
$87,624
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$22,960
Purchase Details
Closed on
Feb 3, 2023
Sold by
Palmquist Carl A and Palmquist Ruth D
Bought by
Genesis House Olean Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhu Xun | $110,000 | None Available | |
| Genesis House Olean Inc | $64,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhu Xun | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $110,000 | -4.3% | $51 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $114,900 | -76.0% | $53 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 10/05/2024 10/05/24 | For Sale | $479,000 | -- | $222 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History Compared to Growth
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 | $3,256 | $51,500 | $2,500 | $49,000 |
| 2023 | $1,939 | $51,500 | $2,500 | $49,000 |
| 2022 | $1,967 | $51,500 | $2,500 | $49,000 |
| 2021 | $2,024 | $51,500 | $2,500 | $49,000 |
| 2020 | $2,038 | $51,500 | $2,500 | $49,000 |
| 2019 | $773 | $51,500 | $2,500 | $49,000 |
| 2018 | $2,778 | $51,500 | $2,500 | $49,000 |
| 2017 | $2,087 | $51,500 | $2,500 | $49,000 |
| 2016 | $2,065 | $51,500 | $2,500 | $49,000 |
| 2015 | -- | $51,500 | $2,500 | $49,000 |
| 2014 | -- | $51,500 | $2,500 | $49,000 |
Source: Public Records
Agents Affiliated with this Home
-
Regis Handley
-
John Dwaileebe
J
Seller Co-Listing Agent in 2025
John Dwaileebe
Howard Hanna
(716) 378-3953
63 in this area
100 Total Sales
-
Karen Callahan
Buyer's Agent in 2025
Karen Callahan
RE/MAX
(716) 244-7878
89 in this area
111 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1570240
APN: 041200-094-065-0010-008-000-0000
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