NOT LISTED FOR SALE

201 Carolina St Olean, NY 14760

Estimated Value: $91,000 - $190,807

4 Beds
2 Baths
1,540 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $124,200 $81 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,006/month

53 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • 3-minute walk to Joseph Magnano Park
  • Baseboard Heating

About This Home

As of October 2023

This is the only multifamily zoned Residential in the Seneca Heights neighborhood of Olean, N.Y. This home is also perfect to be used as a single family residence with an in-law suite as there is a three bedroom, one bath in one unit and a one bedroom, one bath in the other unit. Unit 1 is a 1.5 story and The other unit is a 1 story. Both units have had many upgrades New flooring downstairs of Unit 1. The bedrooms are hardwood. New kitchen counters and sink and bathroom remodels. This is a great opportunity and is move in ready! Both sides have entrance to the basement where there are two washer and dryer hookups. The neighborhood is so beautiful! Close to grocery stores, downtown and park. Nice back yard. Great investment property or Live in one side, rent out the other! Listing agent is a licensed New York State Real Estate Salesperson.

Last Agent to Sell the Property

Karen Callahan

Listing by RE/MAX On Point Brokerage Phone: 716-244-7878 License #10401294365 Listed on: 07/29/2023

RE/MAX On Point

Last Buyer's Agent

Janna Davis

Listing by ERA Team VP Real Estate License #10401323321

ERA Team VP Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,343

Year Built

  • Built in 1930

Lot Details

  • 7,625 Sq Ft Lot
  • Lot Dimensions are 108 x 70

Parking

  • 1 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 27
  • Assessor Parcel Number 041200-094-082-0001-027-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,343

Year Built

Built in 1930

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 98000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 108
  • Lot Dimension Front: 70
  • Lot Information: Flood Zone, Neighborhood Street
  • Lot Number: 27
  • Nearest Cross Street: York
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 709714.29
  • Ratio Close Price By Sq Ft: 80.65
  • Ratio List Price By Acres: 799428.57
  • Ratio List Price By Sq Ft: 90.84
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 2592
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7625
  • Age of Building: 93
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1108
  • Directions To Property: From South Union Steet to York St. take left
  • Sq Ft Total Pub: 1540
  • Attribution Contact: 716-244-7878
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 2
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Tile-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1540

Exterior Features

  • Construction: Brick, Vinyl
  • Number of Acres: 0.1750

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard, Hot Water
  • 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: 041200-094-082-0001-027-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 5343

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Oct 30, 2023
Sold by
Five Spots Olean Llc
Bought by
201 Carolina Llc
Seller's Agent
Karen Callahan
RE/MAX On Point
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$139,900
Sold Price
$124,200
Premium/Discount to List
-$15,700
-11.22%
Views
78
Current Estimated Value
$131,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,502
Avg. Annual Appreciation
-0.84%

Purchase Details

Closed on
Sep 23, 2021
Sold by
Dwaileebe Carole and Dwaileebe John
Bought by
5 Spots Olean Llc
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
201 Carolina Llc $125,000 None Available
5 Spots Olean Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $124,200 -11.2% $81 / Sq Ft
09/21/2023 09/21/23 For Sale $139,900 0.0% $91 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/01/2023 09/01/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $139,900 -- $91 / 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 $3,700 $98,000 $18,400 $79,600
2023 $3,690 $98,000 $18,400 $79,600
2022 $3,743 $98,000 $18,400 $79,600
2021 $3,851 $98,000 $18,400 $79,600
2020 $3,878 $98,000 $18,400 $79,600
2019 $1,471 $98,000 $18,400 $79,600
2018 $5,286 $98,000 $18,400 $79,600
2017 $3,972 $98,000 $18,400 $79,600
2016 $3,929 $98,000 $18,400 $79,600
2015 -- $98,000 $18,400 $79,600
2014 -- $98,000 $18,400 $79,600
Source: Public Records

Agents Affiliated with this Home

  • Karen Callahan

    Seller's Agent in 2023

    Karen Callahan

    RE/MAX

    (716) 244-7878

    85 in this area

    107 Total Sales

    Karen Callahan
    Section Image
  • Janna Davis

    Buyer's Agent in 2023

    Janna Davis

    ERA Team VP Real Estate

    (716) 307-0472

    35 in this area

    105 Total Sales

    Janna Davis
    Section Image
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Map

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

MLS Number: B1487805

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-082-0001-027-000-0000

New York Cattaraugus County Olean 14760

201 Carolina St, Olean, NY

This home is located at 201 Carolina St, Olean, NY 14760 since 29 July 2023 and is currently estimated at $131,702, approximately $85 per square foot. This property was built in 1930. 201 Carolina 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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