NOT LISTED FOR SALE

217 Willow St Olean, NY 14760

Estimated Value: $105,000 - $150,000

4 Beds
2 Baths
2,112 Sq Ft
$58/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $110,000 $52 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $874/month

97 Days on Market

Highlights

  • No Interior Steps
  • Property is near a bus stop
  • Wall to Wall Carpet
  • Accessible Bedroom
  • High Speed Internet

About This Home

As of December 2023

EXCELLENT Opportunity for a First Time Home Buyer! Here's a Duplex, with a Newly Remodeled First Level 2 Bedroom Apartment for you to move into! Then, it has an Almost Identical Apartment Upstairs, that is currently rented for $750/month! Smart Investing! By having the Upstairs Tenant Pay For All Your Taxes and Most of Your Mortgage Payment!!!
This house also comes with the Vacant Lot across the street and is located at the Dead End of the Block, so there is a ton of Parking.
It has Separate Utility Meters for Both Apartments, a New Gas Main was just placed in from the Road. It has most all New Vinyl Windows on both levels, Gutters, Flooring and more. The Lower Apartment has all New Paint and Carpet, as well as a New Kitchen. Both Units have their Own Laundry Room.
Walking Distance to the Hospital, Grocery & Church.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 05/15/2023

Last Buyer's Agent

Walter Mysiak

Listing by WNY Metro Roberts Realty License #10401360851

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1955

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 150 x 55

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Bedroom
  • No Interior Steps

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 1
  • Assessor Parcel Number 041200-094-041-0005-001-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,259

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Accessibility: Entry Level Bedroom, No Interior Steps, No Step Laundry
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 60000
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 55
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 1
  • Nearest Cross Street: Main
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1100000.00
  • Ratio Close Price By Sq Ft: 52.08
  • Ratio List Price By Acres: 1199000.00
  • Ratio List Price By Sq Ft: 56.77
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1583
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: Duplex, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4356
  • Age of Building: 68
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 2112
  • Directions To Property: Main street to Willow. House is at the dead end...plus vacant lot across the street
  • Sq Ft Total Pub: 2112
  • Attribution Contact: 716-307-8894
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Laundry- Separate Hook ups- Some
  • Basement Description: Slab
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2112

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.1000

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-041-0005-001-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3259

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Nov 7, 2023
Sold by
Shaw Dylan J and Shaw Sadie E
Bought by
Trass Nicholas J
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Walter Mysiak
WNY Metro Roberts Realty
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%
Views
300
Current Estimated Value
$123,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,004
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Dwaileebe Charles J
Bought by
Shaw Dylan J and Shaw Sadie E

Purchase Details

Closed on
Feb 26, 2014
Sold by
Park Centre Development
Bought by
Dwaileebe Charles J
Source: Public Records

Similar Homes in Olean, NY

  • 514 3rd Ave, Olean, NY 14760

    $119,900

    • 5 Beds
    • 2 Baths
    • 2,274 Sq Ft
    • 514 3rd Ave
    • Olean, NY

    Beautifully renovated duplex in a prime location near Olean General Hospital, making it a fantastic investment for an Airbnb, rental, or owner-occupied home. With a newer asphalt roof and a brand-new rubber roof on the flat portion, this property has been completely updated, featuring all-new electric, a brand-new hot water tank, and LVT flooring and carpet throughout. Both units are freshly

    Mason Meggo HUNT Real Estate Corporation

    Section Image
  • 910 Front St, Olean, NY 14760

    $110,000

    • 4 Beds
    • 2 Baths
    • 1,874 Sq Ft
    • 910 Front St
    • Olean, NY

    Great 2 unit property in Olean close to hospital and shopping.

    John Skadowski Howard Hanna Professionals - Olean

    Section Image
  • 135 N 6th St, Olean, NY 14760

    $135,000

    • 6 Beds
    • 2 Baths
    • 2,957 Sq Ft
    • 135 N 6th St
    • Olean, NY

    Discover the perfect blend of space, location, and investment potential at this very well-maintained two-family home in the heart of Olean. Offering nearly 3,000 sq. ft. of finished living space, this versatile duplex features 5+ bedrooms, 2 full bathrooms, and two fully equipped kitchens—ideal for owner-occupants, investors, or multi-generational living. The fully renovated lower unit highlights

    Greg Spako ERA Team VP Real Estate

    Section Image
  • 605 W State St, Olean, NY 14760

    $110,000

    • 5 Beds
    • 2 Baths
    • 2,168 Sq Ft
    • 605 W State St
    • Olean, NY

    CASH FLOW OPPORTUNITY!! This property is turnkey for any investor looking to enhance their portfolio. All units have been maintained and upgraded and it's a ready made purchase, priced to cash flow for new buyer. *This property is part of a 11 unit portfolio (2 additional properties) and there's an opportunity to buy the entire portfolio to add 11 additional units to your current portfolio. Come

    Thomas Cafarella Cameron Real Estate Group

    Section Image
  • 218 N 15th St, Olean, NY 14760

    $115,000

    • 5 Beds
    • 3.5 Baths
    • 2,566 Sq Ft
    • 218 N 15th St
    • Olean, NY

    Three bed one and a half bath home with 2)one bedroom apartments detached in the back. Take advantage of this home with a first floor laundry and an oversized kitchen with plenty of cupboard and counter space. Main house has a car port for parking your vehicle with one other space for back tenants. Apartments out back have a patio for the downstairs and a covered porch for the upstairs. This

    Rebecca Laborde Premier Listings Real Estate

    Section Image
  • 104 S 14th St, Olean, NY 14760

    $119,000

    • 4 Beds
    • 2 Baths
    • 2,114 Sq Ft
    • 104 S 14th St
    • Olean, NY

    Multi Family duplex centrally located in the city of Olean. Off street parking, newer roof, new windows, Beautiful wood work, hardwood floors, High ceilings, Front porch. Each apartment has 2 bedrooms and One full bathroom. The upsatirs is currently rented. The lower is vacant but ready to rent. 13% ROI based on asking price.

    James Dwaileebe 3D Real Estate LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Trass Nicholas J $110,000 None Available
Shaw Dylan J $40,000 None Available
Dwaileebe Charles J $35,000 Daniel R. Palumbo
Dwaileebe Charles J $35,000 Daniel R. Palumbo
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $110,000 -8.3% $52 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $119,900 -7.7% $57 / Sq Ft
06/07/2023 06/07/23 Price Changed $129,900 -3.8% $62 / Sq Ft
05/26/2023 05/26/23 For Sale $135,000 0.0% $64 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $135,000 -- $64 / 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 $2,265 $60,000 $15,100 $44,900
2023 $2,259 $60,000 $15,100 $44,900
2022 $2,291 $60,000 $15,100 $44,900
2021 $2,358 $60,000 $15,100 $44,900
2020 $2,374 $60,000 $15,100 $44,900
2019 $901 $60,000 $15,100 $44,900
2018 $3,266 $60,000 $15,100 $44,900
2017 $2,432 $60,000 $15,100 $44,900
2016 $2,405 $60,000 $15,100 $44,900
2015 -- $60,000 $15,100 $44,900
2014 -- $60,000 $15,100 $44,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1471299

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-041-0005-001-000-0000