NOT LISTED FOR SALE

206 N 12th St Olean, NY 14760

Estimated Value: $82,000 - $99,686

4 Beds
2 Baths
2,016 Sq Ft
$44/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $44,500 $22 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $541/month

53 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 4-minute walk to Marcus Park & Playfields
  • Full Attic

About This Home

As of October 2018

This home is located at 206 N 12th St, Olean, NY 14760 since 14 May 2018 and is currently estimated at $88,672, approximately $43 per square foot. This property was built in 1896. 206 N 12th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Last Agent to Sell the Property

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 05/14/2018

Howard Hanna Professionals - Olean

Co-Listed By

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129 Listed on: 05/14/2018

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896

Lot Details

  • 3,541 Sq Ft Lot
  • Lot Dimensions are 30 x 77

Parking

  • 2 Car Garage

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 94.064-2-55

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 1896

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 30
  • Lot Dimension Front: 77
  • Lot Information: Neighborhood Street
  • Lot Number: 54
  • Nearest Cross Street: Washington
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 547355.47
  • Ratio Close Price By Sq Ft: 22.07
  • Ratio List Price By Acres: 613776.14
  • Ratio List Price By Sq Ft: 24.75
  • Regional Board Code: Rochester
  • School Tax: 1197
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Age of Building: 126
  • Year Built: 1896
  • Directions To Property: State to 12th
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1896

Interior Features

  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Total Sq Ft: 2016

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0813

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 94.064-2-55

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2520

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Sep 28, 2018
Sold by
Beanacre Properties Llc
Bought by
Mccarthy Erin
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$49,900
Sold Price
$44,500
Premium/Discount to List
-$5,400
-10.82%
Current Estimated Value
$86,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,136
Avg. Annual Appreciation
10.01%
Original Mortgage
$43,693
Outstanding Balance
$38,949
Interest Rate
5.6%
Mortgage Type
FHA
Estimated Equity
$49,723

Purchase Details

Listed on
May 14, 2018
Closed on
Sep 27, 2018
Sold by
Beanacre Properties Llc
Bought by
Mccarthy Erin K
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$49,900
Sold Price
$44,500
Premium/Discount to List
-$5,400
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,693
Outstanding Balance
$38,949
Interest Rate
5.6%
Mortgage Type
FHA
Estimated Equity
$49,723

Purchase Details

Closed on
Apr 30, 2014
Sold by
Hettrick Cynthia
Bought by
Beanacre Properties Llc

Purchase Details

Closed on
Jun 7, 2005
Sold by
Putt Kenneth
Bought by
Hettrick Cynthia
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
Mccarthy Erin $45,500 None Available
Mccarthy Erin $45,500 None Available
Mccarthy Erin K -- --
Beanacre Properties Llc $45,000 Nicholas Dicerbo
Hettrick Cynthia -- Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Erin $43,693
Closed Mccarthy Erin $43,693
Closed Mccarthy Erin K $43,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 Sold $44,500 -10.8% $22 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $49,900 -- $25 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,877 $45,500 $500 $45,000
2023 $1,713 $45,500 $500 $45,000
2022 $1,738 $45,500 $500 $45,000
2021 $1,788 $45,500 $500 $45,000
2020 $1,800 $45,500 $500 $45,000
2019 $1,886 $45,500 $500 $45,000
2018 $3,717 $45,500 $500 $45,000
2017 $3,927 $45,500 $500 $45,000
2016 $4,028 $45,500 $500 $45,000
2015 -- $45,500 $500 $45,000
2014 -- $45,500 $500 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1118147

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0002-055-000-0000