NOT LISTED FOR SALE

1301 Washington St Olean, NY 14760

Olean Area

Estimated Value: $73,458 - $88,000

2 Beds
2 Baths
1,552 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2012

Last sale price $17,500 $11 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $515 / mo

139 Days on Market

Highlights

  • Wood Flooring
  • Space Heater
  • 5-minute walk to Marcus Park & Playfields

About This Home

As of August 2012

Great 2 family with tons of potential! Lower unit has original hardwood floors and trim giving it alot of charm. This could be used as an income property with rents from both units, live in one and rent the other or convert to a single family. Priced to sell!

Last Agent to Sell the Property

Joseph Butler

Listing by No Office Affiliation License #30BU0243652 Listed on: 01/11/2012

Last Buyer's Agent

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 136 x 30

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Parking

  • 1 Car Garage
  • Dirt Driveway

Utilities

  • Multiple Heating Units
  • Space Heater
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-064-0005-012-000-0000

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 1925

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Age: 87
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 39000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 136
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • L P Per Acre: 211111.1100
  • List Price per Sq Ft: 12.2422
  • Nearest Cross Street: N 12th
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 194444.44
  • Ratio Close Price By Sq Ft: 11.28
  • Ratio List Price By Acres: 211111.11
  • Ratio List Price By Sq Ft: 12.24
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 923
  • Sale Price List Price: 0.9210
  • S P Per Acre: 194444.4400
  • S P Per Sq Ft: 11.2757
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 19000.00
  • Year Built Description: Existing
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: Corner of Washington and N 12th
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Basement Description: Partial
  • Floor Description: Wood-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 7
  • Total Sq Ft: 1552

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0900

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Dirt

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Space Heater
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric

Lot Info

  • Parcel Number: 041200-094-064-0005-012-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1495

MLS Schools

  • School District Name: Olean

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
Jan 11, 2012
Closed on
Aug 1, 2012
Sold by
Bought by
Seller's Agent
Joseph Butler
No Office Affiliation
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$24,900
Sold Price
$17,500
Premium/Discount to List
-$7,400
-29.72%
Current Estimated Value
$83,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,865
Avg. Annual Appreciation
11.77%

Purchase Details

Closed on
Jun 5, 2002
Sold by
Bought by

Purchase Details

Closed on
May 20, 1997
Sold by
Bought by

Purchase Details

Closed on
May 12, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olean, NY

  • Anthony Dubreville Real Estate Agent - Keller Williams Realty WNY

    Anthony Dubreville

    Keller Williams Realty WNY

    (716) 221-8737

    105 Total Sales

    2 in Olean

    $26,000 Price Range

    Anthony Dubreville
     Section Image
  • Jonas Willson Real Estate Agent - Genesee River Realty

    Jonas Willson

    Genesee River Realty

    (585) 648-5008

    88 Total Sales

    1 in Olean

    $18,000 Price

    Jonas Willson
     Section Image
  • James Klossner Real Estate Agent - Whitetail Properties Real Estate, LLC

    James Klossner

    Whitetail Properties Real Estate, LLC

    (585) 627-0630

    91 Total Sales

    1 in Olean

    $105,000 Price

    James Klossner
     Section Image
  • Regis Handley Real Estate Agent - Howard Hanna Professionals - Olean

    Regis Handley

    Howard Hanna Professionals - Olean

    (585) 378-5525

    228 Total Sales

    127 in Olean

    $20K - $450K Price Range

    Regis Handley
     Section Image
  • Melanie Pritchard Real Estate Agent - ERA Team VP Real Estate

    Melanie Pritchard

    ERA Team VP Real Estate

    (716) 403-3199

    161 Total Sales

    5 in Olean

    $173K - $400K Price Range

    Melanie Pritchard
     Section Image
  • Jerry Thompson Real Estate Agent - Century 21 North East

    Jerry Thompson

    Century 21 North East

    (716) 687-0473

    336 Total Sales

    2 in Olean

    $145,000 Price Range

    Jerry Thompson
     Section Image
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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
$18,000 Daniel Palumbo
-- --
-- --
$31,500 --
$31,500 --
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 $100,000
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
08/06/2012 08/06/12 Sold $17,500 -29.7% $11 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $24,900 -- $16 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $687 $17,900 $5,000 $12,900
2024 $1,132 $17,900 $5,000 $12,900
2023 $674 $17,900 $5,000 $12,900
2022 $684 $17,900 $5,000 $12,900
2021 $703 $17,900 $5,000 $12,900
2020 $708 $17,900 $5,000 $12,900
2019 $269 $17,900 $5,000 $12,900
2018 $966 $17,900 $5,000 $12,900
2017 $726 $17,900 $5,000 $12,900
2016 $718 $17,900 $5,000 $12,900
2015 -- $17,900 $5,000 $12,900
2014 -- $17,900 $5,000 $12,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joseph Butler

    No Office Affiliation

  • T

    Buyer's Agent in 2012

    Thomas Butler

    Southern Tier Realty Co. Inc.

    (716) 378-7141

    36 Total Sales

    Thomas Butler
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Map

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

MLS Number: B400261

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0005-012-000-0000

New York Cattaraugus County Olean 14760

1301 Washington St, Olean, NY

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