NOT LISTED FOR SALE

212 W Oak St Olean, NY 14760

Estimated Value: $78,000 - $145,384

6 Beds
3 Baths
2,894 Sq Ft
$40/Sq Ft Est. Value

Last Sold February 11, 2013

Last sale price $46,000 $16 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $791/month

41 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Rectangular Lot
  • Shed
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of February 2013

This three unit North Olean property is fully rented with income already being generated. There are two one bedroom units and a three bedroom unit. Call today for a showing.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 10/23/2012

Howard Hanna Professionals - Olean

Last Buyer's Agent

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1862

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 132 x 52
  • Rectangular Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,894 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Dirt Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-040-0002-046-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1862

Lot Details

0

Listing Details

  • Additional Structures: Shed/Storage
  • Age: 150
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 56000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 52
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 368750.0000
  • List Price per Sq Ft: 20.3870
  • Nearest Cross Street: Maple Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 287500.00
  • Ratio Close Price By Sq Ft: 15.89
  • Ratio List Price By Acres: 368750.00
  • Ratio List Price By Sq Ft: 20.39
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1345
  • Sale Price List Price: 0.7796
  • S P Per Acre: 287500.0000
  • S P Per Sq Ft: 15.8900
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 59000.00
  • Year Built Description: Existing
  • Age of Building: 160
  • Year Built: 1862
  • Directions To Property: Turn off North Union Street onto West Oak Street. Home is on the right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1862

Interior Features

  • Basement Description: Exterior Walkout, Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 13
  • Total Sq Ft: 2894

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Deck, High Speed Internet
  • Number of Acres: 0.1600

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 3
  • Parking Driveway: Dirt

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some, Hot Water
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-040-0002-046-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2858

MLS Schools

  • Elementary School Name: East View Elementary
  • 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

Closed on
Dec 20, 2001
Sold by
Trust-Fox Charles B
Bought by
Roberts David
Current Estimated Value
$116,346

Purchase Details

Closed on
Aug 23, 2000
Sold by
Baxter Thomas
Bought by
Charles B Fox Trust
Source: Public Records

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
Roberts David $55,120 Gregory E Shemeld
Charles B Fox Trust $47,219 John Hart
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2013 02/11/13 Sold $46,000 -22.0% $16 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $59,000 -- $20 / 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 $2,114 $56,000 $5,100 $50,900
2023 $2,108 $56,000 $5,100 $50,900
2022 $2,139 $56,000 $5,100 $50,900
2021 $2,201 $56,000 $5,100 $50,900
2020 $2,216 $56,000 $5,100 $50,900
2019 $841 $56,000 $5,100 $50,900
2018 $3,021 $56,000 $5,100 $50,900
2017 $2,270 $56,000 $5,100 $50,900
2016 $2,245 $56,000 $5,100 $50,900
2015 -- $56,000 $5,100 $50,900
2014 -- $56,000 $5,100 $50,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B418732

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-040-0002-046-000-0000