NOT LISTED FOR SALE

129 N 7th St Olean, NY 14760

Estimated Value: $138,000 - $170,000

6 Beds
2 Baths
3,588 Sq Ft
$43/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $135,000 $38 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $993/month

89 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • High Speed Internet
  • Wood Flooring
  • 2 Car Garage
  • Rectangular Lot

About This Home

As of February 2024

The duplex is situated in a central part of Olean, making it convenient for residents to access nearby amenities, services, and the city's attractions. The duplex features beautiful natural oak trim, which can add character and warmth to the interior of the units. The hardwood floors are durable and easy to maintain. Each unit in the duplex is identical, offering consistency in layout and features. Each unit has three bedrooms and an office, providing ample space for tenants to live and work comfortably. The first floor of each unit includes a living room, family room, formal dining room, and a large kitchen. The front porch is described as a pleasant spot for residents to relax and watch the world go by. It can be a great place for socializing or simply enjoying the outdoors. The duplex comes with a two-car garage, providing secure parking for tenants' vehicles and additional storage space. A private backyard is mentioned, which is a desirable feature to enjoy outdoor activities or gardening. Overall, this duplex appears to offer comfortable and spacious living arrangements with several appealing features, making it an attractive option for potential tenants in Olean.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals Brokerage Phone: 716-378-8989 License #10491207167 Listed on: 09/06/2023

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1910

Lot Details

  • 6,912 Sq Ft Lot
  • Lot Dimensions are 54x128
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Stone

Interior Spaces

  • 3,588 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes parking
  • Tax Lot 52
  • Assessor Parcel Number 041200-094-064-0008-052-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,382

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Parking
  • Year Built: 1910
  • Attribution Contact: 716-378-8989
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On North Seventh Street
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Storage
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1587
  • Waterfront: No
  • Construction Type: Stone
  • Exterior Features: Deck, Fence
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Parcel Number: 041200-094-064-0008-052-000-0000
  • Lot Dimensions: 54X128
  • Lot Size Sq Ft: 6912.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 4382.0
  • Tax Lot: 52

MLS Schools

  • Elementary School: Washington West Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Dec 19, 2023
Sold by
Grandusky Bruce C
Bought by
Marzec Tania and Marzec Brett
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$156,900
Sold Price
$135,000
Premium/Discount to List
-$21,900
-13.96%
Total Days on Market
89
Views
166
Current Estimated Value
$151,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,147
Avg. Annual Appreciation
10.77%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marzec Tania $135,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $135,000 -14.0% $38 / Sq Ft
12/03/2023 12/03/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $156,900 0.0% $44 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $156,900 -- $44 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $5,143 $81,000 $4,400 $76,600
2023 $3,050 $81,000 $4,400 $76,600
2022 $3,094 $81,000 $4,400 $76,600
2021 $3,183 $81,000 $4,400 $76,600
2020 $3,205 $81,000 $4,400 $76,600
2019 $1,216 $81,000 $4,400 $76,600
2018 $4,369 $81,000 $4,400 $76,600
2017 $3,283 $81,000 $4,400 $76,600
2016 $3,247 $81,000 $4,400 $76,600
2015 -- $81,000 $4,400 $76,600
2014 -- $81,000 $4,400 $76,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Olean, NY

  • 605 W State St, Olean, NY 14760

    $120,000

    • 5 Beds
    • 2 Baths
    • 2,168 Sq Ft
    • 605 W State St
    • Olean, NY

    Great opportunity to own a large 2 family home. Perfect for owner occupied or investors. Come right in and rent out or live in one and rent the other. Priced to sell. Both tenant occupied. $950/month.

    Thomas Cafarella Cameron Real Estate Group

    Section Image
  • 611 W Henley St, Olean, NY 14760

    $129,900

    • 5 Beds
    • 3 Baths
    • 2,470 Sq Ft
    • 611 W Henley St
    • Olean, NY

    Check out this fantastic investment opportunity – a well-maintained three-unit property in West Olean, offering strong rental potential! Unit 1 is a cozy efficiency apartment featuring one bedroom, one bathroom, and a charming front porch, perfect for relaxing. Unit 2 is a spacious one-bedroom unit with a separate living room, dining area, and kitchen, highlighted by beautiful hardwood floors and

    Regis Handley Howard Hanna Professionals

    Section Image
  • 604 Irving St, Olean, NY 14760

    $149,900

    • 4 Beds
    • 2 Baths
    • 2,158 Sq Ft
    • 604 Irving St
    • Olean, NY

    Welcome to our meticulously remodeled duplex, a charming retreat steeped in the rich history of the 1850s, now available as your exclusive Airbnb destination. Nestled in the heart of Olean, this unique residence seamlessly blends historic allure with modern comforts, promising an unforgettable stay. Lower unit has eat in kitchen with all new appliances, separate dining room, living room and 2

    Kelly Patrone Howard Hanna Professionals

    Section Image
  • 104 S 14th St, Olean, NY 14760

    $119,000

    • 4 Beds
    • 2 Baths
    • 2,114 Sq Ft
    • 104 S 14th St
    • Olean, NY

    Multi Family duplex centrally located in the city of Olean. Off street parking, newer roof, new windows, Beautiful wood work, hardwood floors, High ceilings, Front porch. Each apartment has 2 bedrooms and One full bathroom. The upsatirs is currently rented. The lower is vacant but ready to rent. 13% ROI based on asking price.

    James Dwaileebe 3D Real Estate LLC

    Section Image
  • 216 N 15th St, Olean, NY 14760

    $119,000

    • 7 Beds
    • 3 Baths
    • 2,370 Sq Ft
    • 216 N 15th St
    • Olean, NY

    Great investment property. Main property has three bedrooms 1 full bath. Tenant pays $750/mo and has been a long standing tenant. Out back has a 2 unit with both being a 2 bed and 1 bath. Upper unit is occupied and tenant pays $500/mo. Lower is unoccupied but has brought in $500/mo in the past. Live in one and let the rest pay the mortgage or rent the last apartment and have a great rental

    Kelly Patrone Howard Hanna Professionals

    Section Image
  • 218 N 15th St, Olean, NY 14760

    $115,000

    • 5 Beds
    • 3.5 Baths
    • 2,566 Sq Ft
    • 218 N 15th St
    • Olean, NY

    Three bed one and a half bath home with 2)one bedroom apartments detached in the back. Take advantage of this home with a first floor laundry and an oversized kitchen with plenty of cupboard and counter space. Main house has a car port for parking your vehicle with one other space for back tenants. Apartments out back have a patio for the downstairs and a covered porch for the upstairs. This

    Rebecca Laborde Premier Listings Real Estate

    Section Image
  • 214 E State St, Olean, NY 14760

    $179,000

    • 4 Beds
    • 2 Baths
    • 1,716 Sq Ft
    • 214 E State St
    • Olean, NY

    This well-maintained duplex offers a fantastic income property opportunity with significant potential for returns. Featuring an upper 2-bedroom, 1-bath unit and a lower 2-bedroom, 1-bath unit, the property has been updated with new carpets, windows, and electric systems. They are also Furnished with Appliances, and both are ready for you to rent out immediately, at a suggested rate in the

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image
  • 514 3rd Ave, Olean, NY 14760

    $119,900

    • 5 Beds
    • 2 Baths
    • 2,274 Sq Ft
    • 514 3rd Ave
    • Olean, NY

    Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly

    Mason Meggo HUNT Real Estate Corporation

    Section Image

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1496198

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0008-052-000-0000