NOT LISTED FOR SALE

217 S 11th St Olean, NY 14760

Estimated Value: $94,000 - $158,000

4 Beds
2 Baths
2,560 Sq Ft
$47/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $72,500 $28 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $796/month

21 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Ceiling Fan
  • Finished Attic
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of June 2019

Income opportunity is knocking! Live in one side and let the other pay the mortgage, or rent both and supplement your income. Well maintained duplex, once side is a 3 story, 4 bedroom and an extra room for a computer room or den. Other side is a 3 bedroom. Both sides have a formal dining room, living room, basement, front porch and back porch. Each apartment has a garage and off street parking. Don't miss out, take a look today.

Last Listed By

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals License #40FI1153618 Listed on: 04/12/2019

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1890

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 125 x 50
  • Partially Fenced Property

Home Design

  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Attic

  • Full Attic
  • Finished Attic

Basement

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

Parking

  • 2 Car Garage
  • Carport

Schools

  • Washington West Elementary School
  • Olean Middle School

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 38
  • Assessor Parcel Number 041200-094-072-0001-038-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,898

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 71000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 38
  • Nearest Cross Street: Irving
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 505226.48
  • Ratio Close Price By Sq Ft: 28.32
  • Ratio List Price By Acres: 619512.20
  • Ratio List Price By Sq Ft: 34.73
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • Roof Description: Metal
  • School Tax: 1834
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6250
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: House is located between Irving and East Henley
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Ceiling Fan, Laundry- Separate Hook ups- Some
  • Attic Description: Finished, Full
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2560

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: High Speed Internet, Partially Fenced Yard
  • Number of Acres: 0.1435

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Blacktop, Carport(S), Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-072-0001-038-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3898

MLS Schools

  • Elementary School Name: Washington West Elementary
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 21, 2019
Sold by
Cross Brian M
Bought by
Clark Michael
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals
Buyer's Agent
Mary Karst
Howard Hanna Professionals
List Price
$88,900
Sold Price
$72,500
Premium/Discount to List
-$16,400
-18.45%
Total Days on Market
21
Current Estimated Value
$121,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,782
Avg. Annual Appreciation
7.98%

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 17, 2019
Sold by
Cross Brian M
Bought by
Clark Michael
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals
Buyer's Agent
Mary Karst
Howard Hanna Professionals
List Price
$88,900
Sold Price
$72,500
Premium/Discount to List
-$16,400
-18.45%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Ash Robert D
Bought by
Cross Brian M and Cross Susan A

Purchase Details

Closed on
May 20, 1998
Sold by
Ash Robert D
Bought by
Cross Brian M and Cross Susan A

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
Clark Michael $72,500 None Available
Clark Michael $72,500 None Available
Cross Brian M $65,000 --
Cross Brian M $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cross Brian M $62,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2019 06/20/19 Sold $72,500 -18.4% $28 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $88,900 -- $35 / 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 $4,508 $71,000 $6,300 $64,700
2023 $2,673 $71,000 $6,300 $64,700
2022 $2,712 $71,000 $6,300 $64,700
2021 $2,790 $71,000 $6,300 $64,700
2020 $2,809 $71,000 $6,300 $64,700
2019 $1,354 $71,000 $6,300 $64,700
2018 $3,884 $71,000 $6,300 $64,700
2017 $2,878 $71,000 $6,300 $64,700
2016 $2,847 $71,000 $6,300 $64,700
2015 -- $71,000 $6,300 $64,700
2014 -- $71,000 $6,300 $64,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1184855

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-072-0001-038-000-0000