NOT LISTED FOR SALE

234 N Union St Olean, NY 14760

Estimated Value: $394,758

4 Beds
2.5 Baths
15,936 Sq Ft
$25/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2024

Last sale price $375,000 $24 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,527 / mo

69 Days on Market

Highlights

  • 0.45 Acre Lot
  • Carpet
  • 5-minute walk to Lincoln Park
  • Forced Air Heating System

About This Home

As of July 2024

This excellent mixed use investment property sits in downtown Olean within walking distance of JCC, and has 2 separate businesses with 12 enclosed offices with additional cubical space in 1, and 5 enclosed offices in the other. On the second floor there are 3 2 bedroom apartment units with long term tenants, ample amounts of storage space, and a huge conference/training room. Updates on the building include a flat roof over a portion of the building, and shingles on the other 2020, electrical updated 2022, 2 new boilers 2021, plumbing within the last 5 years, and a new sewage line installed last year. There is a huge parking lot behind the building that connects to JCC. This building has all that you can ask for in an investment property, and will not last long. Please allow 24 notice for the tenants in the building when booking a showing. This listing is listed as commercial MLS#B1473075 & Residential MLS#B1473075

Last Agent to Sell the Property

Matthew Golden

Listing by Century 21 North East License #10401349392 Listed on: 06/30/2023

Century 21 North East

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1850

Lot Details

  • 19,748 Sq Ft Lot
  • Lot Dimensions are 95x207

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 15,936 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes electricity, heat, water
  • Tax Lot 52
  • Assessor Parcel Number 041200-094-065-0003-052-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,770

Year Built

Built in 1850

Lot Details

0.45 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Heat, Water
  • Year Built: 1850
  • Directions: Turn right off of Wayne St. and its a couple of blocks down.
  • Flooring: Carpet, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.4533
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Parking Available

Utilities

  • Heating: Gas, Forced Air
  • 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: 041200-094-065-0003-052-000-0000
  • Lot Dimensions: 95X207
  • Lot Size Sq Ft: 19748.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2770.0
  • Tax Lot: 52

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2026
Sold by
Bought by
Current Estimated Value
$394,758

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 26, 2024
Sold by
Bought by
Seller's Agent
Matthew Golden
Century 21 North East
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 --
$375,000 None Available
$323,000 Nicholas Dicerbo
$323,000 Nicholas Dicerbo
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $375,000 -9.4% $24 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $414,000 +93.5% $26 / Sq Ft
08/17/2023 08/17/23 Price Changed $214,000 -53.4% $13 / Sq Ft
06/30/2023 06/30/23 For Sale $459,000 -- $29 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $19,338 $315,300 $24,200 $291,100
2024 $19,936 $315,300 $24,200 $291,100
2023 $9,088 $315,300 $24,200 $291,100
2022 $9,174 $315,300 $24,200 $291,100
2021 $12,390 $315,300 $24,200 $291,100
2020 $2,869 $315,300 $24,200 $291,100
2019 $1,089 $315,300 $24,200 $291,100
2018 $3,912 $315,300 $24,200 $291,100
2017 $2,939 $315,300 $24,200 $291,100
2016 $2,907 $315,300 $24,200 $291,100
2015 -- $315,300 $24,200 $291,100
2014 -- $315,300 $24,200 $291,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1477934

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0003-052-000-0000

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