NOT LISTED FOR SALE

138 N 8th St Olean, NY 14760

Estimated Value: $129,000 - $137,000

6 Beds
3 Baths
2,944 Sq Ft
$46/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $74,500 $25 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $885/month

54 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Baseboard Heating

About This Home

As of February 2017

Nicest 2 family available. True duplex with hardwood floors, natural wood work. Four bedroom two bath with first floor laundry on one side and two bedroom and bath on other side. Very well maintained and move-in condition. Front porch, three car garage and nice location.

Last Listed By

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 09/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,873

Year Built

  • Built in 1900

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 128 x 50

Parking

  • 3 Car Garage

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Full Attic

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-064-0008-076-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,873

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 71500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Nearest Cross Street: Washington
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 507147.72
  • Ratio Close Price By Sq Ft: 25.31
  • Ratio List Price By Acres: 611980.94
  • Ratio List Price By Sq Ft: 30.54
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 1867
  • Sub Board Code: Buffalo
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 6400
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: W. State St. to N. 8th
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Kitchen Appliances Included: In All Apartments
  • Number of Rooms: 12
  • Total Sq Ft: 2944

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1469

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 3.0000
  • Parking Driveway: 2 or More Spaces

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0008-076-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3873

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Feb 8, 2017
Sold by
Neubert Virginia
Bought by
Rafi Ahsan
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$89,900
Sold Price
$74,500
Premium/Discount to List
-$15,400
-17.13%
Total Days on Market
54
Current Estimated Value
$134,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,199
Avg. Annual Appreciation
5.80%
Original Mortgage
$58,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Padlo Ann
Bought by
Padlo Ann

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
Rafi Ahsan $72,500 Nicholas Dicerbo, Jr.
Padlo Ann -- Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafi Ahsan S $40,000
Closed Rafi Ahsan $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2017 02/13/17 Sold $74,500 -17.1% $25 / Sq Ft
09/08/2016 09/08/16 For Sale $89,900 -- $31 / 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 $4,540 $71,500 $4,300 $67,200
2023 $2,692 $71,500 $4,300 $67,200
2022 $2,731 $71,500 $4,300 $67,200
2021 $2,810 $71,500 $4,300 $67,200
2020 $2,829 $71,500 $4,300 $67,200
2019 $1,214 $71,500 $4,300 $67,200
2018 $3,885 $71,500 $4,300 $67,200
2017 $2,898 $71,500 $4,300 $67,200
2016 $1,480 $71,500 $4,300 $67,200
2015 -- $71,500 $4,300 $67,200
2014 -- $71,500 $4,300 $67,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B0000635

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0008-076-000-0000