NOT LISTED FOR SALE

1314 Walnut St Olean, NY 14760

Estimated Value: $84,437 - $108,000

6 Beds
2 Baths
2,880 Sq Ft
$33/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $54,000 $19 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $590/month

40 Days on Market

About This Home

As of December 2019

Includes 202 Pine St 94.041-1-10 and 1312 Walnut 94.041-1-8

Great investment opportunity. One full house, 3 beds and 2 full baths. Attached 2 unit upper and lower with laundry hookups, off street parking and a 2 car garage. Call today for a private tour.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 08/09/2019

Howard Hanna Professionals - Olean

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 08/09/2019

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 1,620 Sq Ft Lot
  • Lot Dimensions are 30 x 54

Parking

  • 2 Car Garage

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 041200-094-041-0001-009-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 52000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 30
  • Lot Dimension Front: 54
  • Lot Information: Neighborhood Street
  • Lot Number: 9
  • Nearest Cross Street: Pine
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1451612.90
  • Ratio Close Price By Sq Ft: 18.75
  • Ratio List Price By Acres: 1854838.71
  • Ratio List Price By Sq Ft: 23.96
  • Regional Board Code: Rochester
  • School Tax: 2544
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 1620
  • Age of Building: 92
  • Year Built: 1930
  • Directions To Property: Union to Pine St, Right on Maple
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 2880

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0372

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-041-0001-009-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5324

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Olean Properties 2 Llc
Bought by
Glean Properties 23 Llc
Current Estimated Value
$93,859

Purchase Details

Listed on
Aug 9, 2019
Closed on
Nov 27, 2019
Sold by
Beil Kody A
Bought by
Cornell Dana L
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$72,000
Sold Price
$54,000
Premium/Discount to List
-$18,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Miller
Bought by
Beil Kody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1995
Source: Public Records

Range of Values:

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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
Glean Properties 23 Llc -- None Available
Cornell Dana L $54,000 None Available
Cornell Dana L $54,000 None Available
Beil Kody A $50,000 Nicholas Dicerbo
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beil Kody A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $54,000 -21.7% $19 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $69,000 -4.2% $24 / Sq Ft
08/09/2019 08/09/19 For Sale $72,000 -- $25 / 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 $2,904 $52,000 $500 $51,500
2023 $1,958 $52,000 $500 $51,500
2022 $1,986 $52,000 $500 $51,500
2021 $2,043 $52,000 $500 $51,500
2020 $2,058 $52,000 $500 $51,500
2019 $781 $52,000 $500 $51,500
2018 $2,805 $52,000 $500 $51,500
2017 $2,108 $52,000 $500 $51,500
2016 $2,085 $52,000 $500 $51,500
2015 -- $52,000 $500 $51,500
2014 -- $52,000 $500 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1216835

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-041-0001-009-000-0000