NOT LISTED FOR SALE

2855 Route 16 N Unit NYS Olean, NY 14760

Estimated Value: $116,000 - $179,000

4 Beds
3 Baths
2,376 Sq Ft
$65/Sq Ft Est. Value

Last Sold July 06, 2016

Last sale price $65,000 $27 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,050/month

10 Days on Market

Highlights

  • 1.75 Acre Lot
  • Baseboard Heating
  • Wall to Wall Carpet
  • Partial Attic

About This Home

As of July 2016

Wonderful two family home located on 1.75 acres in the town on Olean! Call today for a private tour!

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 03/09/2016

Howard Hanna Professionals - Olean

Co-Listed By

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Last Buyer's Agent

Non MLS

Listing by Non MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1910

Lot Details

  • 1.75 Acre Lot
  • Lot Dimensions are 475 x 150

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Laminate

Attic

  • Partial Attic
  • Unfinished Attic

Location

  • Flood Zone Lot

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • 2 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 046600-085-016-0001-049-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,528

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 106
  • NY Swis Code: Olean- Town-046600
  • Total Assessed Value: 60250
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 475
  • Lot Dimension Front: 150
  • Lot Information: Flood Zone, Primary Road
  • L P Per Acre: 39942.8571
  • List Price per Sq Ft: 29.4191
  • Nearest Cross Street: Fairview Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 37142.86
  • Ratio Close Price By Sq Ft: 27.36
  • Ratio List Price By Acres: 39942.86
  • Ratio List Price By Sq Ft: 29.42
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1154
  • Sale Price List Price: 0.9298
  • S P Per Acre: 37142.8571
  • S P Per Sq Ft: 27.3600
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 69900.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: From Olean take Rte 16, the house is on the left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Partial, Stair Access, Unfinished
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 9
  • Total Sq Ft: 2376

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 1.7500

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Baseboard, Baseboard Heat-Some
  • Number of Heating Units: 1
  • Sewer Description: Septic
  • Water Heater Fuel: Electric

Schools

  • School District: Hinsdale
  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks

Lot Info

  • Parcel Number: 046600-085-016-0001-049-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2528

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jul 1, 2016
Sold by
Estate Of Barbara J Whittaker
Bought by
Hendricks Jenna R
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Non MLS
Non MLS
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Current Estimated Value
$155,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,206
Avg. Annual Appreciation
10.14%
Original Mortgage
$51,600
Outstanding Balance
$40,708
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$114,498
Source: Public Records

Range of Values:

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Average Value
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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
Hendricks Jenna R $65,000 Dicerbomorgan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hendricks Jenna R $51,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2016 07/06/16 Sold $65,000 -7.0% $27 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $69,900 -- $29 / 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 $2,316 $60,250 $11,350 $48,900
2023 $2,274 $60,250 $11,350 $48,900
2022 $2,258 $60,250 $11,350 $48,900
2021 $2,292 $60,250 $11,350 $48,900
2020 $2,299 $60,250 $11,350 $48,900
2019 $116 $60,250 $11,350 $48,900
2018 $2,267 $60,250 $11,350 $48,900
2017 $2,105 $60,250 $11,350 $48,900
2016 $969 $60,250 $11,350 $48,900
2015 -- $60,250 $11,350 $48,900
2014 -- $60,250 $11,350 $48,900
Source: Public Records

Agents Affiliated with this Home

  • Dennis Pezzimenti

    Seller's Agent in 2016

    Dennis Pezzimenti

    Howard Hanna

    (716) 378-8989

    29 in this area

    57 Total Sales

    Dennis Pezzimenti
    Section Image
  • Regis Handley

    Seller Co-Listing Agent in 2016

    Regis Handley

    Howard Hanna

    (716) 307-9256

    117 in this area

    209 Total Sales

    Regis Handley
    Section Image

  • N

    Buyer's Agent in 2016

    Non MLS

    Non MLS

    Non MLS
    Section Image
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Map

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

MLS Number: B494592

Western New York Real Estate Information Services (WNYREIS)

APN: 046600-085-016-0001-049-000-0000

New York Cattaraugus County Olean 14760

2855 Route 16 N Unit NYS, Olean, NY

This home is located at 2855 Route 16 N Unit NYS, Olean, NY 14760 since 09 March 2016 and is currently estimated at $155,206, approximately $65 per square foot. This property was built in 1910. 2855 Route 16 N Unit NYS is a home located in Cattaraugus County with nearby schools including Hinsdale Central School and New Life Christian School.

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