NOT LISTED FOR SALE

216 N 6th St Olean, NY 14760

Estimated Value: $70,000 - $98,201

4 Beds
2 Baths
1,608 Sq Ft
$49/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $29,000 $18 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $585/month

10 Days on Market

Highlights

  • Forced Air Cooling System
  • Wall to Wall Carpet
  • 4-minute walk to Oak Hill Park

About This Home

As of December 2017

Great income property. Both units are fully occupied by long term tenants. Newer plumbing, full basement, nice deck off the upper apartment. Off street parking.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 10/09/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Amanda Hulbert

Listing by Real Estate Pros & More License #10401290231

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 128 x 40

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Electric Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Car Garage
  • Stone Driveway

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 48
  • Assessor Parcel Number 041200-094-064-0004-048-000-0000

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 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 47000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • Lot Number: 48
  • Nearest Cross Street: Washington
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 246808.51
  • Ratio Close Price By Sq Ft: 18.03
  • Ratio List Price By Acres: 293617.02
  • Ratio List Price By Sq Ft: 21.46
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1227
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5120
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: between Sullivan and Washington on 6th St
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Electric-Some, Refrigerator
  • Total Sq Ft: 1608

Exterior Features

  • Construction: Vinyl, Wood
  • Number of Acres: 0.1175

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Stone/Gravel

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-048-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2569

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 1, 2017
Sold by
Turock Jeffrey J
Bought by
Hulbert Scott
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Amanda Hulbert
Real Estate Pros & More
List Price
$34,500
Sold Price
$29,000
Premium/Discount to List
-$5,500
-15.94%
Current Estimated Value
$79,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,050
Avg. Annual Appreciation
14.07%

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 30, 2017
Sold by
Turock Jeffrey J
Bought by
Hulbert Scott
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Amanda Hulbert
Real Estate Pros & More
List Price
$34,500
Sold Price
$29,000
Premium/Discount to List
-$5,500
-15.94%
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
Hulbert Scott $29,000 None Available
Hulbert Scott $29,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $29,000 -15.9% $18 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $34,500 -- $21 / 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 $1,774 $47,000 $3,800 $43,200
2023 $1,769 $47,000 $3,800 $43,200
2022 $1,795 $47,000 $3,800 $43,200
2021 $1,847 $47,000 $3,800 $43,200
2020 $1,860 $47,000 $3,800 $43,200
2019 $705 $47,000 $3,800 $43,200
2018 $2,535 $47,000 $3,800 $43,200
2017 $1,905 $47,000 $3,800 $43,200
2016 $1,884 $47,000 $3,800 $43,200
2015 -- $47,000 $3,800 $43,200
2014 -- $47,000 $3,800 $43,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1080689

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0004-048-000-0000