Olean City: 2 unit home with 3 bedrooms in each unit. Close to Olean High School. This property is Bank Owned and they want a fast sale. They are offering Seller Financing with 10% Down and proof of Deposit. No minimum Credit score will be needed for Approval. Asking $27,900.
Listing by ERA Team VP Real EstateLicense #30ME0738204Listed on: 10/07/2017
Property Details
Home Type
Multi-Family
Year Built
Built in 1890
Lot Details
5,120 Sq Ft Lot
Lot Dimensions are 128 x 40
Parking
1 Car Garage
Interior Spaces
2,603 Sq Ft Home
2-Story Property
Basement Fills Entire Space Under The House
Flooring
Wood
Laminate
Utilities
Forced Air Cooling System
Multiple Heating Units
Heating System Uses Gas
Gas Water Heater
Listing and Financial Details
REO, home is currently bank or lender owned
Rent includes no utilities
Tax Lot 35
Assessor Parcel Number 041200-094-064-0004-035-000-0000
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 1890
Lot Details
0
Listing Details
NY Swis Code: Olean-City-041200
Total Assessed Value: 55000
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 128
Lot Dimension Front: 40
Lot Information: Neighborhood Street
Lot Number: 35
Nearest Cross Street: Sullivan
Number of Stories: 2.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 182978.72
Ratio Close Price By Sq Ft: 8.26
Ratio List Price By Acres: 237446.81
Ratio List Price By Sq Ft: 10.72
Regional Board Code: Buffalo
Rent Includes: No Utilities
School Tax: 890
Sub Board Code: Buffalo
Type of Residence: 2 Unit
Type of Sale: Bank Owned / REO
Year Built Description: Existing
Lot Sq Ft: 5120
Age of Building: 132
Year Built: 1890
Directions To Property: Sullivan to N. 5th.
Special Features: 20
Property Sub Type: MultiFamily
Stories: 2
Year Built: 1890
Interior Features
Attic Description: Crawl Space
Basement Description: Full
Floor Description: Hardwood-Some, Laminate-Some
Total Sq Ft: 2603
Exterior Features
Construction: Wood
Number of Acres: 0.1175
Garage/Parking
Number of Electric Meters: 2
Number of Garage Spaces: 1.0000
Parking Driveway: 1 Space
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: 041200-094-064-0004-035-000-0000
Rental Info
Certificate of Occupancy: Negotiable
Multi Family
Total Number Of Apartments: 2
Tax Info
Total Taxes: 2365
MLS Schools
School District Name: Olean
Ownership History
DateNameOwned ForOwner Type
Dec 2017 - PresentFie Rick7 Years and 5 Months
Private Individual
Purchase Details
Listed on
Oct 7, 2017
Closed on
Dec 28, 2017
Sold by
Rose Acceptance Inc
Bought by
Fie Rick
Seller's Agent
Rob Mercier
ERA Team VP Real Estate
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals
List Price
$27,900
Sold Price
$21,500
Premium/Discount to List
-$6,400
-22.94%
Total Days on Market
12
Current Estimated Value
$95,660
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,160
Avg. Annual Appreciation
21.14%
Dec 2017 - Dec 2017Fie Richard W and Anderson Clar DLess than a month
Private Individual
Purchase Details
Listed on
Oct 7, 2017
Closed on
Dec 19, 2017
Sold by
Rose Acceptance Inc
Bought by
Fie Richard W and Anderson Clar D
Seller's Agent
Rob Mercier
ERA Team VP Real Estate
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals
List Price
$27,900
Sold Price
$21,500
Premium/Discount to List
-$6,400
-22.94%
Mar 2006 - Dec 2017Spring Ricky11 Years and 9 Months
Private Individual
Purchase Details
Closed on
Mar 31, 2006
Sold by
Seager Carol
Bought by
Spring Ricky
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,149
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Jul 2002 - Mar 2006Seager Carol L3 Years and 8 Months
Private Individual
Purchase Details
Closed on
Jul 25, 2002
Sold by
Nannen Eric J
Bought by
Seager Carol L
Feb 2000 - Jul 20022 Years and 5 Months
Private Individual
Purchase Details
Closed on
Feb 2, 2000
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 217 N 5th St, Olean, NY 14760 since 07 October 2017 and is currently estimated at $95,660, approximately $36 per square foot. This property was built in 1890. 217 N 5th 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.
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