Regis Handley
Howard Hanna Professionals - Olean
(585) 378-5525
229 Total Sales
127 in Olean
$20K - $450K Price Range
127 N 2nd St Olean, NY 14760
Olean AreaEstimated Value: $102,649
4
Beds
2
Baths
2,156
Sq Ft
$48/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
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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
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
Oct 5, 2024
Closed on
Mar 31, 2025
Sold by
Bought by
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
-$7,351
Avg. Annual Appreciation
-5.10%
Original Mortgage
$88,000
Outstanding Balance
$86,840
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$15,809
Purchase Details
Closed on
Feb 3, 2023
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Olean, NY
-
Regis Handley
-
Melanie Pritchard
Melanie Pritchard
ERA Team VP Real Estate
(716) 403-3199
161 Total Sales
5 in Olean
$173K - $400K Price Range
-
Jerry Thompson
Jerry Thompson
Century 21 North East
(716) 687-0473
336 Total Sales
2 in Olean
$145,000 Price Range
-
Aimee Campbell
Aimee Campbell
Responds QuicklyEmpire Realty Group
(585) 565-5382
157 Total Sales
1 in Olean
$155,000 Price
-
Caitlin Croft
Caitlin Croft
Iconic Real Estate
(716) 221-8308
84 Total Sales
6 in Olean
$142K - $218K Price Range
-
Heather Chase
Heather Chase
ERA Team VP Real Estate
(878) 217-7080
146 Total Sales
4 in Olean
$100K - $200K Price Range
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 |
|---|---|---|---|
| $110,000 | None Available | ||
| $64,000 | None Available |
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 | $88,000 | ||
| Closed | $88,000 |
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 |
|---|---|---|---|---|
| 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
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 | $1,976 | $51,500 | $2,500 | $49,000 |
| 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
Seller's Agent in 2025
Regis Handley
Howard Hanna
(716) 307-9256
229 Total Sales
-
John Dwaileebe
J
Seller Co-Listing Agent in 2025
John Dwaileebe
Howard Hanna
(716) 378-3953
95 Total Sales
-
Karen Callahan
Buyer's Agent in 2025
Karen Callahan
RE/MAX
(716) 244-7878
113 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1570240
APN: 041200-094-065-0010-008-000-0000
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