NOT LISTED FOR SALE

128 S 12th St Olean, NY 14760

Estimated Value: $40,000 - $82,264

2 Beds
2 Baths
1,664 Sq Ft
$34/Sq Ft Est. Value

Last Sold February 20, 2023

Last sale price $32,000 $19 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $421/month

26 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Rectangular Lot

About This Home

As of February 2023

Expand your rental Portfolio! Lower unit of this duplex is currently rented. The upstairs needs renovations. A little sweat equity and increase your rental income return.

Last Agent to Sell the Property

Lisa Darling

Listing by Homestar Realty License #10371200757 Listed on: 10/26/2022

Last Buyer's Agent

Ron Wolf

Listing by Real Estate Pros & More License #30WO0580127

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,080 Sq Ft Lot
  • Lot Dimensions are 102 x 40
  • Rectangular Lot

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 48
  • Assessor Parcel Number 041200-094-064-0010-048-000-0000

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 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 24000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 102
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 48
  • Lot Shape: Rectangular
  • Nearest Cross Street: W Henley
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 341515.47
  • Ratio Close Price By Sq Ft: 19.23
  • Ratio List Price By Acres: 405549.63
  • Ratio List Price By Sq Ft: 22.84
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • Roof Description: Asphalt
  • School Tax: 635
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4080
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1664
  • Directions To Property: west state to left on 12th
  • Sq Ft Total Pub: 1664
  • Attribution Contact: 585-593-4444
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 1664

Exterior Features

  • Construction: Frame, Wood
  • Number of Acres: 0.0937

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: Electric

Lot Info

  • Parcel Number: 041200-094-064-0010-048-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2406

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Feb 10, 2023
Sold by
Firkel Ltd
Bought by
Barlett Susan
Seller's Agent
Lisa Darling
Homestar Realty
Buyer's Agent
Ron Wolf
Real Estate Pros & More
List Price
$38,000
Sold Price
$32,000
Premium/Discount to List
-$6,000
-15.79%
Views
59
Current Estimated Value
$56,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,316
Avg. Annual Appreciation
22.02%

Purchase Details

Closed on
Jul 1, 2022
Sold by
Heartstone Unlimited Llc
Bought by
Firkel Ltd

Purchase Details

Closed on
Aug 31, 2021
Sold by
Panther Development Llc
Bought by
Heartstone Unlimited Llc

Purchase Details

Listed on
Aug 8, 2014
Closed on
Jun 15, 2016
Sold by
Walsh William A
Bought by
Dougherty Kevin
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$37,000
Sold Price
$24,000
Premium/Discount to List
-$13,000
-35.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Jun 30, 2014
Sold by
Walsh Estate Of Kathryn
Bought by
Mcintyre Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Barlett Susan $32,000 None Available
Firkel Ltd -- None Available
Heartstone Unlimited Llc $427,000 None Available
Heartstone Unlimited Llc $28,000 None Available
Dougherty Kevin $24,000 Daniel A. Derose
Mcintyre Barbara -- Daniel Palumbo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2023 02/20/23 Sold $32,000 -15.8% $19 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $38,000 +58.3% $23 / Sq Ft
06/28/2016 06/28/16 Sold $24,000 -35.1% $14 / Sq Ft View Prior Sale
05/29/2016 05/29/16 Pending -- -- --
08/08/2014 08/08/14 For Sale $37,000 -- $22 / 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 $1,517 $24,000 $4,000 $20,000
2023 $904 $24,000 $4,000 $20,000
2022 $917 $24,000 $4,000 $20,000
2021 $943 $24,000 $4,000 $20,000
2020 $2,043 $24,000 $4,000 $20,000
2019 $360 $24,000 $4,000 $20,000
2018 $2,372 $24,000 $4,000 $20,000
2017 $2,284 $24,000 $4,000 $20,000
2014 -- $38,000 $4,000 $34,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1440586

Western New York Real Estate Information Services (WNYREIS)

APN: 041200 94.064-10-48 01