NOT LISTED FOR SALE

1615 Walnut St Olean, NY 14760

Estimated Value: $86,901 - $114,000

4 Beds
2 Baths
2,057 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 17, 2015

Last sale price $44,000 $21 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $698/month

153 Days on Market

Highlights

  • Partial Attic
  • Space Heater
  • Wall to Wall Carpet
  • Forced Air Cooling System

About This Home

As of June 2015

NICE 2 FAMILY HOME LOCATED IN NORTH OLEAN ON A NO THROUGH STREET. USE FOR YOUR PERSONAL HOME WITH RENTAL INCOME TO HELP WITH EXPENSES OR OWN AS A RENAL/INVESTMENT PTOPERTY. MLS#B465285

Last Agent to Sell the Property

Thomas Fenner

Listing by No Office Affiliation License #10301210676 Listed on: 12/02/2014

Last Buyer's Agent

Thomas Fenner

Listing by No Office Affiliation License #10301210676 Listed on: 12/02/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 132 x 66

Parking

  • No Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,057 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Linoleum

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Space Heater
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-032-0002-025-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Age: 99
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 47000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • L P Per Acre: 249500.0000
  • List Price per Sq Ft: 24.2586
  • Nearest Cross Street: EAST CONNELL ST
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 220000.00
  • Ratio Close Price By Sq Ft: 21.39
  • Ratio List Price By Acres: 249500.00
  • Ratio List Price By Sq Ft: 24.26
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1159
  • Sale Price List Price: 0.8817
  • S P Per Acre: 220000.0000
  • S P Per Sq Ft: 21.3900
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: NORTH UNION TO EAST CONNELL TO WALNUT.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 8
  • Total Sq Ft: 2057

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.2000

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Space Heater
  • 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: 041200-094-032-0002-025-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2481

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
Jun 15, 2015
Sold by
Dapolito Robert J
Bought by
Shaner Mark A
Seller's Agent
Thomas Fenner
No Office Affiliation
Buyer's Agent
Thomas Fenner
No Office Affiliation
List Price
$64,900
Sold Price
$44,000
Premium/Discount to List
-$20,900
-32.2%
Total Days on Market
153
Current Estimated Value
$97,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,975
Avg. Annual Appreciation
8.37%
Source: Public Records

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Range of Values:

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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
Shaner Mark A $44,000 Daniel R. Palumbo
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2015 06/17/15 Sold $44,000 -32.2% $21 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $64,900 -- $32 / 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 $1,774 $47,000 $5,800 $41,200
2023 $1,769 $47,000 $5,800 $41,200
2022 $1,795 $47,000 $5,800 $41,200
2021 $1,847 $47,000 $5,800 $41,200
2020 $1,860 $47,000 $5,800 $41,200
2019 $705 $47,000 $5,800 $41,200
2018 $2,641 $47,000 $5,800 $41,200
2017 $1,905 $47,000 $5,800 $41,200
2016 $1,884 $47,000 $5,800 $41,200
2015 -- $47,000 $5,800 $41,200
2014 -- $47,000 $5,800 $41,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B465285

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-032-0002-025-000-0000