NOT LISTED FOR SALE

1311 Walnut St Olean, NY 14760

Estimated Value: $108,044 - $122,000

5 Beds
3 Baths
2,280 Sq Ft
$50/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2022

Last sale price $89,000 $39 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $781 / mo

9 Days on Market

Highlights

  • Woodwork
  • Awning
  • Heating System Uses Gas
  • Tile Flooring
  • Partially Fenced Property

About This Home

As of May 2022

Great investment opportunity. This well maintained 3 unit rental boasts a covered front porch and nice size back yard. It is located close to downtown shopping, restaurants, and entertainment. All units have 2 private entrance/exit points and come with refrigerators and stoves. Recent updates include vinyl siding and bathrooms. All units currently occupied. Don't miss out.

Last Agent to Sell the Property

Bobbi Jo Kent

Listing by ERA Team VP Real Estate License #10401334516 Listed on: 02/24/2022

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 1910

Lot Details

  • 4,100 Sq Ft Lot
  • Lot Dimensions are 41x100
  • Partially Fenced Property

Parking

  • Common or Shared Parking

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Washer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Awning

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 5
  • Assessor Parcel Number 041200-094-041-0001-005-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,974

Year Built

Built in 1910

Lot Details

4,100 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1910
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From North Union St. turn onto E Oak St. then turn left onto Walnut St. House is on the left.
  • Architectural Style: Triplex
  • Flooring: Carpet, Tile, Varies, Vinyl
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Fuses
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Partial
  • Acres: 0.0941
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Awning(s), Fence
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Common

Utilities

  • Heating: Gas, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-041-0001-005-000-0000
  • Lot Dimensions: 41X100
  • Lot Size Sq Ft: 4100.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2974.0
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
May 19, 2022
Sold by
Ralston Kelly L and Mccray Megan S
Bought by
Hulbert Scott J and Hulbert Amanda L
Seller's Agent
Bobbi Jo Kent
ERA Team VP Real Estate
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$96,000
Sold Price
$89,000
Premium/Discount to List
-$7,000
-7.29%
Current Estimated Value
$113,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,761
Avg. Annual Appreciation
6.35%
Original Mortgage
$71,200
Outstanding Balance
$67,148
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,613

Purchase Details

Closed on
Feb 17, 2005
Sold by
Eicher James
Bought by
Mccray Jeffrey
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

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
Hulbert Scott J $89,000 None Available
Mccray Jeffrey $60,000 Gregory Shemeld
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 Hulbert Scott J $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $89,000 -7.3% $39 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $96,000 -- $42 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $2,091 $54,500 $3,900 $50,600
2024 $3,446 $54,500 $3,900 $50,600
2023 $2,052 $54,500 $3,900 $50,600
2022 $2,081 $54,500 $3,900 $50,600
2021 $2,142 $54,500 $3,900 $50,600
2020 $2,157 $54,500 $3,900 $50,600
2019 $818 $54,500 $3,900 $50,600
2018 $2,940 $54,500 $3,900 $50,600
2017 $2,209 $54,500 $3,900 $50,600
2016 $2,185 $54,500 $3,900 $50,600
2015 -- $54,500 $3,900 $50,600
2014 -- $54,500 $3,900 $50,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bobbi Jo Kent

    ERA Team VP Real Estate

    (716) 397-3420

    8 in this area

    29 Total Sales

    Bobbi Jo Kent
    Section Image
  • Ken Bailey

    Buyer's Agent in 2022

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    60 in this area

    144 Total Sales

    Ken Bailey
    Section Image
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Map

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

MLS Number: B1390345

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-041-0001-005-000-0000

New York Cattaraugus County Olean 14760

1311 Walnut St, Olean, NY

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