NOT LISTED FOR SALE

141 N 13th St Olean, NY 14760

Estimated Value: $88,803 - $151,000

4 Beds
3 Baths
2,178 Sq Ft
$59/Sq Ft Est. Value

Sale Details

Date Sold: February 4, 2019

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

Est. 120% increase in value since last sale

Current estimated payment $844 / mo

32 Days on Market

Highlights

  • Property is near public transit
  • High Speed Internet
  • 4-minute walk to Marcus Park & Playfields
  • Wood Flooring
  • Wall Furnace

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 40x131

Home Design

  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Gravel Driveway

Location

  • Property is near public transit

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,438

Year Built

Built in 1901

Lot Details

5,240 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal
  • Year Built: 1901
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: West State st to n 13th, house is on the left
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1203
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Parking Features: Common, Gravel, Two or More Spaces

Utilities

  • Heating: Electric, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0005-045-000-0000
  • Lot Dimensions: 40X131
  • Lot Size Sq Ft: 5240.0
  • 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: 2438.0
  • Tax Lot: 45

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
$127,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,701
Avg. Annual Appreciation
11.47%
Original Mortgage
$46,400
Outstanding Balance
$40,626
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$87,075

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
$40,626
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$87,075

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $1,938 $50,500 $4,500 $46,000
2024 $3,193 $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

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