NOT LISTED FOR SALE

128 S 3rd St Olean, NY 14760

Estimated Value: $63,000 - $105,962

3 Beds
2 Baths
1,976 Sq Ft
$43/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2022

Last sale price $53,000 $27 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $623 / mo

101 Days on Market

Highlights

  • Woodwork
  • 2 Car Garage
  • Carpet
  • Hot Water Heating System

About This Home

As of May 2022

Great investment opportunity! The upper unit has had the same tenant for 17 years and they maintain the lawn and driveway.

Last Agent to Sell the Property

Christine Jakubczyk

Listing by Howard Hanna Professionals - Olean License #40JA1153622 Listed on: 11/20/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1900

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50x126

Parking

  • 2 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Basement

  • Partial Basement
  • Sump Pump

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes heat, water
  • Tax Lot 25
  • Assessor Parcel Number 041200-094-065-0011-025-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,872

Year Built

Built in 1900

Lot Details

6,300 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Heat, Water
  • Year Built: 1900
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: State St to Sth 3rd
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial, Sump Pump
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1446
  • Waterfront: No
  • Construction Type: Other, See Remarks
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Paved, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-065-0011-025-000-0000
  • Lot Dimensions: 50X126
  • Lot Size Sq Ft: 6300.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2872.0
  • Tax Lot: 25

MLS Schools

  • Elementary School: Washington West Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
May 16, 2022
Sold by
Cavalier Louise I
Bought by
Mtk Development Llc
Seller's Agent
Christine Jakubczyk
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$50,000
Sold Price
$53,000
Premium/Discount to List
$3,000
6%
Current Estimated Value
$85,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,241
Avg. Annual Appreciation
12.68%
Original Mortgage
$42,400
Outstanding Balance
$39,948
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$45,293
Source: Public Records
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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
Mtk Development Llc $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mtk Development Llc $42,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $53,000 +6.0% $27 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
11/20/2021 11/20/21 For Sale $50,000 -- $25 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $2,015 $52,500 $4,100 $48,400
2024 $3,319 $52,500 $4,100 $48,400
2023 $1,977 $52,500 $4,100 $48,400
2022 $2,005 $52,500 $4,100 $48,400
2021 $2,063 $52,500 $4,100 $48,400
2020 $787 $52,500 $4,100 $48,400
2019 $788 $52,500 $4,100 $48,400
2018 $1,571 $52,500 $4,100 $48,400
2017 $842 $52,500 $4,100 $48,400
2016 $413 $52,500 $4,100 $48,400
2015 -- $52,500 $4,100 $48,400
2014 -- $52,500 $4,100 $48,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1379239

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-065-0011-025-000-0000

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