NOT LISTED FOR SALE

2840 MacDuffy Rd Olean, NY 14760

Estimated Value: $105,000 - $148,000

3 Beds
1 Bath
1,152 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2018

Last sale price $40,000 $35 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $856 / mo

144 Days on Market

Highlights

  • 0.37 Acre Lot
  • Carpet
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2018

Single family house that is setup as a common area kitchen, bath, and living room. Three bedrooms are rented as separate units at 395.00 each. This building is on its own lot but must be sold with the 9 unit apartment building in from of this home located at 2850 McDuffy Rd. Nice full basement also. This will be a 12 unit with both buildings

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 06/14/2017

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 06/14/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1970

Lot Details

  • 16,261 Sq Ft Lot
  • Lot Dimensions are 70x230

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Rent includes all utilities, trash collection, cable TV
  • Tax Lot 68
  • Assessor Parcel Number 046600-103-003-0002-068-002-0000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Gas Meter
  • Gross Income $14,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,079

Year Built

Built in 1970

Lot Details

0.37 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: All Utilities, Trash Collection, Cable TV
  • Year Built: 1970
  • Lot Features: Other, See Remarks
  • Directions: Rt 16 North to the old Lucias Restaurant. Property located next to the old resaurant
  • Architectural Style: Triplex
  • Flooring: Carpet, Varies
  • Unit Levels: One
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.3733
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Well

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 046600-103-003-0002-068-002-0000
  • Lot Dimensions: 70X230
  • Lot Size Sq Ft: 16261.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 3
  • Annual Gross Income: 14220.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2079.0
  • Tax Lot: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2015
Sold by
Palmquist Carl
Bought by
Palmquist Carl and Palmquist
Current Estimated Value
$121,800
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

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
Palmquist Carl -- Gregory Shemeld
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2018 01/18/18 Sold $40,000 -19.8% $35 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $49,900 -- $43 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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
2025 $2,468 $39,000 $2,600 $36,400
2024 $4,241 $39,000 $2,600 $36,400
2023 $2,341 $39,000 $2,600 $36,400
2022 $2,301 $39,000 $2,600 $36,400
2021 $2,239 $39,000 $2,600 $36,400
2020 $2,261 $39,000 $2,600 $36,400
2019 $1,201 $39,000 $2,600 $36,400
2018 $2,260 $39,000 $2,600 $36,400
2017 $3,352 $39,000 $2,600 $36,400
2016 $2,082 $39,000 $2,600 $36,400
2015 -- $39,000 $2,600 $36,400
2014 -- $39,000 $2,600 $36,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joseph Chamberlain

    No Office Affiliation

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Map

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

MLS Number: B1053437

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-103-003-0002-068-002-0000

New York Cattaraugus County Olean 14760

2840 MacDuffy Rd, Olean, NY

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