NOT LISTED FOR SALE

135 S 2nd St Olean, NY 14760

Estimated Value: $92,000 - $143,000

4 Beds
3 Baths
2,912 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $40,000 $14 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $777/month

98 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Baseboard Heating

About This Home

As of October 2012

Three unit apartment building with all separate utilities located just minutes from downtown. Great investment property.

Last Agent to Sell the Property

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 03/30/2012

Howard Hanna Professionals - Olean

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 03/30/2012

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 140 x 73

Parking

  • No Garage

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-065-0009-024-000-0000

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 1900

Lot Details

0

Listing Details

  • Age: 112
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 57900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 140
  • Lot Dimension Front: 73
  • Lot Information: Neighborhood Street
  • L P Per Acre: 216956.5200
  • List Price per Sq Ft: 17.1359
  • Nearest Cross Street: West Henley
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 173913.04
  • Ratio Close Price By Sq Ft: 13.74
  • Ratio List Price By Acres: 216956.52
  • Ratio List Price By Sq Ft: 17.14
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1370
  • Sale Price List Price: 0.8016
  • S P Per Acre: 173913.0400
  • S P Per Sq Ft: 13.7362
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Turn onto west Henley from south Union St., two blocks house is on the corner of S. 2nd and W. Henley St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some, Wood-Some
  • Number of Rooms: 11
  • Total Sq Ft: 2912

Exterior Features

  • Construction: Brick
  • Number of Acres: 0.2300

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some
  • 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: 041200-094-065-0009-024-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2926

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
Oct 5, 2012
Sold by
Marullo Kathleen Ann
Bought by
Farleo Jon
Seller's Agent
Jon Farleo
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Current Estimated Value
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,500
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
May 3, 2006
Sold by
Threehouse Estate Ronald
Bought by
Marullo Kathleen

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
6.4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Farleo Jon $120,000 Daniel Palumbo
Marullo Kathleen $40,000 Gerardus Backhaus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marullo Kathleen $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $40,000 -19.8% $14 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $49,900 -- $17 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $1,888 $50,000 $5,400 $44,600
2023 $1,882 $50,000 $5,400 $44,600
2022 $1,910 $50,000 $5,400 $44,600
2021 $1,965 $50,000 $5,400 $44,600
2020 $3,414 $50,000 $5,400 $44,600
2019 $751 $50,000 $5,400 $44,600
2018 $2,697 $50,000 $5,400 $44,600
2017 $2,027 $50,000 $5,400 $44,600
2016 $3,430 $50,000 $5,400 $44,600
2015 -- $50,000 $5,400 $44,600
2014 -- $50,000 $5,400 $44,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jon Farleo

    Howard Hanna

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Map

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

MLS Number: B404813

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0009-024-000-0000

New York Cattaraugus County Olean 14760

135 S 2nd St, Olean, NY

This home is located at 135 S 2nd St, Olean, NY 14760 since 30 March 2012 and is currently estimated at $117,500, approximately $40 per square foot. This property was built in 1900. 135 S 2nd St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

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