NOT LISTED FOR SALE

1615 Walnut St Olean, NY 14760

Estimated Value: $85,000 - $96,000

4 Beds
2 Baths
2,057 Sq Ft
$44/Sq Ft Est. Value

Last Sold June 17, 2015

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

Est. 108% increase in value since last sale

Current estimated payment $632/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%
Current Estimated Value
$91,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,314
Avg. Annual Appreciation
7.07%
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
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

  • T

    Seller's Agent in 2015

    Thomas Fenner

    No Office Affiliation

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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

New York Cattaraugus County Olean 14760

1615 Walnut St, Olean, NY

This home is located at 1615 Walnut St, Olean, NY 14760 since 02 December 2014 and is currently estimated at $91,314, approximately $44 per square foot. This property was built in 1915. 1615 Walnut St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

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