NOT LISTED FOR SALE

219 N 6th St Olean, NY 14760

Estimated Value: $95,000 - $202,000

3 Beds
2 Baths
5,722 Sq Ft
$24/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $78,000 $14 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,075/month

20 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 4-minute walk to Oak Hill Park
  • Wood Siding

About This Home

As of April 2016

INVESTORS - FOUR parcels (2 SFD 2 duplex) throughout Olean. Make money instantly. Unit One: 219 N. 6th St - 3 bedroom 2 F Bath $730/mo plus utilities Unit 2: 106 N. 9th St - 3 bedroom 1 Bath $650/mo plus utilities Unit 3: 121 S. 7th St Lower - 2 bed 1 bath $450/mo plus utilities Unit 4: 121 S. 7th St Upper - 1 bed 1 bath $425/mo plus utilities (water/sewer included) Unit 5: 112 W. Green St Lower - 2 bed 1 bath $450/mo plus utilities Unit 6: 112 W. Green Street Upper - 1 bed 1 bath Needs remodeled, no tenant. Properties sold as-is.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 11/19/2015

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 11/19/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 58x140

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 5,722 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • No Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 94.064-4-55

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $340
  • Gross Income $32,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Rent Includes: Water
  • Year Built: 1900
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Carpet, Laminate, Linoleum, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Other, See Remarks, Vinyl Siding, Wood Siding
  • Exterior Features: Gravel Driveway

Garage/Parking

  • Parking Features: Two Spaces, No Garage

Utilities

  • Heating: Gas, Forced Air, Space Heater
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 94.064-4-55
  • Lot Dimensions: 58X140
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 32460.0
  • Annual Operating Expense: 340.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Annual Amount: 6635.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Mar 22, 2016
Sold by
Visio Financial Services Inc
Bought by
Dayton Robert
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$95,000
Sold Price
$78,000
Premium/Discount to List
-$17,000
-17.89%
Current Estimated Value
$145,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,833
Avg. Annual Appreciation
5.90%
Original Mortgage
$103,000
Outstanding Balance
$44,425
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$91,723

Purchase Details

Listed on
Nov 19, 2015
Closed on
Feb 15, 2016
Sold by
Dayton Robert
Bought by
Smith Timothy J
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$95,000
Sold Price
$78,000
Premium/Discount to List
-$17,000
-17.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Outstanding Balance
$44,425
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$91,723

Purchase Details

Closed on
Sep 14, 2015
Sold by
Eh Pooled 212 Lp
Bought by
Visio Financial Services Inc

Purchase Details

Closed on
Jul 13, 2012
Sold by
Turock Thomas
Bought by
Eh Pooled 212 Lp

Purchase Details

Closed on
May 9, 2011
Sold by
Turock Thomas
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Jan 14, 1998
Sold by
Northwest Mutual Savings
Bought by
Turock Thomas and Turock Vicki
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dayton Robert $18,500 Eric Firkel
Smith Timothy J $78,000 Eric M. Firkel
Visio Financial Services Inc -- --
Eh Pooled 212 Lp $8,250 --
Green Tree Servicing Llc $37,676 Bryan Milks
Turock Thomas $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dayton Robert $103,000
Closed Smith Timothy J $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2016 04/11/16 Sold $78,000 -17.9% $14 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $95,000 -- $17 / 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 $3,730 $59,000 $4,800 $54,200
2023 $2,221 $59,000 $4,800 $54,200
2022 $2,253 $59,000 $4,800 $54,200
2021 $2,318 $59,000 $4,800 $54,200
2020 $5,024 $59,000 $4,800 $54,200
2019 $886 $59,000 $4,800 $54,200
2018 $5,831 $59,000 $4,800 $54,200
2017 $4,086 $59,000 $4,800 $54,200
2016 $2,365 $59,000 $4,800 $54,200
2015 -- $59,000 $4,800 $54,200
2014 -- $59,000 $4,800 $54,200
Source: Public Records

Agents Affiliated with this Home

  • Ken Bailey

    Seller's Agent in 2016

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    63 in this area

    142 Total Sales

    Ken Bailey
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Map

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

MLS Number: B489363

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-055-000-0000

New York Cattaraugus County Olean 14760

219 N 6th St, Olean, NY

Not Listed for Sale

MultiFamily

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