NOT LISTED FOR SALE

208 N 13th St Olean, NY 14760

Estimated Value: $60,170 - $91,000

5 Beds
4 Baths
1,976 Sq Ft
$37/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $65,000 $33 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $502/month

6 Days on Market

Highlights

  • Forced Air Cooling System
  • Rectangular Lot
  • Heating System Uses Gas
  • High Speed Internet
  • Partially Fenced Property
  • 3-minute walk to Marcus Park & Playfields

About This Home

As of October 2023

Great investment opportunity! Check out this 3 unit apartment building with a newly renovated lower unit, upper and lower covered front porch, and partially fenced in backyard. With a little bit of TLC the backyard can really be turned into a great escape and provide added allure to this property. Located in a great neighborhood and within walking distance to an abundance of area amenities this is one you cannot miss if you're looking to invest. Both upper units are currently occupied and the lower unit should draw around $850 per month. Schedule a showing today!

Last Agent to Sell the Property

Todd Lowe

Listing by Howard Hanna Professionals - Olean License #10401361881 Listed on: 07/12/2023

Howard Hanna Professionals - Olean

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

  • $1,955

Year Built

  • Built in 1910

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 100 x 30
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 24
  • Assessor Parcel Number 041200-094-064-0001-024-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,955

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 36000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • Lot Number: 24
  • Lot Shape: Rectangular
  • Nearest Cross Street: Washington St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 943396.23
  • Ratio Close Price By Sq Ft: 32.89
  • Ratio List Price By Acres: 1304789.55
  • Ratio List Price By Sq Ft: 45.50
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 950
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3000
  • Age of Building: 113
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1976
  • Directions To Property: Travel West on Washington Street, turn right and the apartment building is about 100ft on the right.
  • Sq Ft Total Pub: 1976
  • Attribution Contact: 716.372.1155
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Total Sq Ft: 1976

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.0689

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 1
  • Separate Utilities: Electricity, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-064-0001-024-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1955

MLS Schools

  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2011
Closed on
Jun 29, 2012
Sold by
Cbk Properties Llc
Bought by
Folland David Joshua
Seller's Agent
Jon Farleo
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$42,000
Sold Price
$30,000
Premium/Discount to List
-$12,000
-28.57%
Current Estimated Value
$70,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,283
Avg. Annual Appreciation
7.25%
Original Mortgage
$32,800
Outstanding Balance
$23,159
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$51,874

Purchase Details

Closed on
Mar 23, 2007
Sold by
Sue John
Bought by
Tucker Gretchen

Purchase Details

Closed on
Apr 26, 2002
Source: Public Records

Range of Values:

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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
Folland David Joshua $30,000 Daniel Palumbo
Tucker Gretchen -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folland David Joshua $32,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $65,000 -27.7% $33 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $89,900 +199.7% $45 / Sq Ft
07/06/2012 07/06/12 Sold $30,000 -28.6% $10 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
11/21/2011 11/21/11 For Sale $42,000 -- $14 / 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 $1,359 $36,000 $5,300 $30,700
2023 $1,355 $36,000 $5,300 $30,700
2022 $1,375 $36,000 $5,300 $30,700
2021 $1,415 $36,000 $5,300 $30,700
2020 $1,424 $36,000 $5,300 $30,700
2019 $940 $36,000 $5,300 $30,700
2018 $2,700 $36,000 $5,300 $30,700
2017 $1,459 $36,000 $5,300 $30,700
2016 $1,443 $36,000 $5,300 $30,700
2015 -- $36,000 $5,300 $30,700
2014 -- $36,000 $5,300 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1484155

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0001-024-000-0000