NOT LISTED FOR SALE

141 N 13th St Olean, NY 14760

Estimated Value: $71,000 - $98,000

4 Beds
3 Baths
2,178 Sq Ft
$39/Sq Ft Est. Value

Last Sold February 04, 2019

Last sale price $58,000 $27 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $603/month

32 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • 4-minute walk to Marcus Park & Playfields
  • Property is near a bus stop

About This Home

As of February 2019

Income Opportunity 3Unit Building with 2 Bedroom Apartments, all currently occupied. Tenants pay their own utilities. 2 are longer term, 1 is newer, all month to month, but can be a long term lease if you would like before closing. Current rents have room for improvement. In my opinion, current market value would have you bringing in around $1900. Currently brings in $1325. Many new updates include completely re-done 2nd floor apartment. 2 Newer Furnaces, several new windows, Roof & Siding. All apartments have stoves & refrigerators that will go with your purchase. There are 2 apts that have washer/dryer hookups. The shared driveway goes out back to where a garage used to stand. It has plenty of space for off street parking as well as a decent backyard for your tenants. Taxes-$2437!!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 08/03/2018

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1901

Lot Details

  • 5,240 Sq Ft Lot
  • Lot Dimensions are 131 x 40

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,178 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • Stone Driveway
  • Shared Driveway

Location

  • Property is near a bus stop

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal
  • Tax Lot 45
  • Assessor Parcel Number 041200-094-064-0005-045-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,438

Year Built

Built in 1901

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 44000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 131
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 45
  • Nearest Cross Street: State
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 482128.01
  • Ratio Close Price By Sq Ft: 26.63
  • Ratio List Price By Acres: 594347.46
  • Ratio List Price By Sq Ft: 32.83
  • Regional Board Code: Buffalo
  • Rent Includes: Lawn Maintenance, Snow Removal
  • School Tax: 1158
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5240
  • Age of Building: 122
  • Year Built: 1901
  • Directions To Property: West State st to n 13th, house is on the left
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1901

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Refrigerator
  • Total Sq Ft: 2178

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1203

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Shared, Stone/Gravel

Utilities

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

Lot Info

  • Parcel Number: 041200-094-064-0005-045-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2438

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Jan 29, 2019
Sold by
Laborde Rebecca J
Bought by
Whitaker Jeffrey
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$71,500
Sold Price
$58,000
Premium/Discount to List
-$13,500
-18.88%
Current Estimated Value
$84,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,704
Avg. Annual Appreciation
5.79%
Original Mortgage
$46,400
Outstanding Balance
$41,102
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$43,602

Purchase Details

Listed on
Aug 3, 2018
Closed on
Jan 28, 2019
Sold by
Laborde Rebecca J
Bought by
Whitaker Jeffrey
Seller's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$71,500
Sold Price
$58,000
Premium/Discount to List
-$13,500
-18.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Outstanding Balance
$41,102
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$43,602

Purchase Details

Closed on
Mar 10, 1998

Purchase Details

Closed on
Jun 7, 1996

Purchase Details

Closed on
Oct 20, 1995
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
Whitaker Jeffrey $58,000 None Available
Whitaker Jeffrey $58,000 None Available
Whitaker Jeffrey -- --
-- $16,000 --
-- $12,250 --
-- $12,250 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker Jeffrey $46,400
Closed Whitaker Jeffrey $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2019 02/04/19 Sold $58,000 -18.9% $27 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $71,500 -- $33 / 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 $1,907 $50,500 $4,500 $46,000
2023 $1,901 $50,500 $4,500 $46,000
2022 $1,929 $50,500 $4,500 $46,000
2021 $1,984 $50,500 $4,500 $46,000
2020 $1,913 $50,500 $4,500 $46,000
2019 $660 $44,000 $4,500 $39,500
2018 $2,373 $44,000 $4,500 $39,500
2017 $1,783 $44,000 $4,500 $39,500
2016 $1,764 $44,000 $4,500 $39,500
2015 -- $44,000 $4,500 $39,500
2014 -- $44,000 $4,500 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1138744

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0005-045-000-0000