NOT LISTED FOR SALE

3018 Nys Route 417 Olean, NY 14760

Allegany Town Area

Estimated Value: $2,970,622

1.05 Acres
$2,829,164 Price per Acre
45,738 Sq Ft Lot

Sale Details

Date Sold: May 8, 2015

Last sale price $265,000 $6 Per Sq Ft

Est. 1,021% increase in value since last sale

Current estimated payment $16,378 / mo

376 Days on Market

About This Lot

As of May 2015

LEVEL COMMERCIAL PROPERTY. 1.05 ACRES. NOT IN FLOOD ZONE. CONSISTS OF 4 PARCELS, 2 LOTS ARE VACANT AND READY TO BUILD, AND INCLUSED 2 OTHER LOTS THAT CURRENTLY HAVE 2 HOUSES ON THEM WITH RENTALS. TOTAL ACREAGE IS 1.05 FOR ALL 4 LOTS. LOCATED ON BUSY 417 AND IN FRONT OF WALMART SUPERCENTER. PROBABLY THE BEST COMMERCIAL LOT AVAILABLE IN AREA. OWNER WILLING TO SELL ONLY 2 VACANT LOTS IF NEEDED. CALL FOR POSSIBILITY FOR MORE LAND FOR SALE

Last Agent to Sell the Property

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 05/21/2013

Last Buyer's Agent

Joseph Chamberlain

Listing by No Office Affiliation License #10301220925 Listed on: 05/21/2013

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 150 x 305
  • Property fronts a state road
  • Level Lot
  • Cleared Lot
  • Finished Lot(s)

Interior Spaces

  • 45,750 Sq Ft Home

Utilities

  • Gas Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 042089-094-062-0001-009-000-0000

Property Details

Property Type

Land

Lot Details

1.05 Acres

Listing Details

  • Topography: Level
  • NY Swis Code: Allegany-042089
  • Total Assessed Value: 1
  • Buildings Structures: Garage
  • Development Status: Cleared Land, Finished Lot(S)
  • Improvements: Sidewalk
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 305
  • Lot Information: Commercial Zoning
  • L P Per Acre: 476189.5238
  • List Price per Sq Ft: 10.9289
  • Nearest Cross Street: PARK STREET
  • Possible Uses: Commercial, Hotel/Motel, Office Building, Shopping Center
  • Property Type: Lots, Land, Farms, and Seasonal/Camps
  • Ratio Close Price By Acres: 252380.95
  • Ratio Close Price By Sq Ft: 5.79
  • Ratio List Price By Acres: 476189.52
  • Ratio List Price By Sq Ft: 10.93
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 1
  • Sale Price List Price: 0.5300
  • S P Per Acre: 252380.9524
  • S P Per Sq Ft: 5.7900
  • Sub Board Code: Buffalo
  • Type: Building Lot, Commercial
  • Type of Sale: Normal
  • Value Range Search Low Price: 499999.00
  • Directions To Property: RT 417 TO 3030 NYS RT 417 NEXT TO LIVING WATERS CHURCH. LAND IS FROM CHURCH TO TIM HORTONS. ALL ROAD FRONTAGE.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Sq Ft: 45750

Exterior Features

  • Frontage Road: State, Town
  • Number of Acres: 1.0500

Utilities

  • Utilities On-site: Electric, Gas, Sanitary Sewer, Storm Sewer, Telephone On Site, Water
  • Waste Disposal: Sewer Connected
  • Water Supply: Public

Lot Info

  • Parcel Number: 042089-094-062-0001-009-000-0000

Tax Info

  • Total Taxes: 3

MLS Schools

  • School District Name: Allegany-Limestone

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
Aug 19, 2016
Sold by
Quattro Olean Llc
Bought by
Current Estimated Value
$2,970,622

Purchase Details

Listed on
May 21, 2013
Closed on
Apr 22, 2015
Sold by
Living Waters Church
Bought by
Quattro Developmen Llc
Seller's Agent
Joseph Chamberlain
No Office Affiliation
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$499,999
Sold Price
$265,000
Premium/Discount to List
-$234,999
-47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.82%
Original Mortgage
$742,000
Interest Rate
3.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2001
Sold by
Laperle-Freeman Roberta E
Bought by
Fellowshi Rhema Christian
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olean, NY

  • Frank Zellner Real Estate Agent - HUNT Real Estate ERA

    Frank Zellner

    HUNT Real Estate ERA

    (716) 403-3013

    95 Total Sales

    1 in Allegany Town

    $13,000 Price

    Frank Zellner
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  • Michael Manning Real Estate Agent - Berkshire Hathaway Homeservices Zambito Realtors

    Michael Manning

    Berkshire Hathaway Homeservices Zambito Realtors

    (716) 576-3308

    70 Total Sales

    2 in Allegany Town

    $228,000 Price Range

    Michael Manning
     Section Image
  • Regis Handley Real Estate Agent - Howard Hanna Professionals - Olean

    Regis Handley

    Howard Hanna Professionals - Olean

    (585) 378-5525

    232 Total Sales

    34 in Allegany Town

    $22K - $650K Price Range

    Regis Handley
     Section Image
  • Matthew Sharman Real Estate Agent - Real Broker NY LLC

    Matthew Sharman

    Responds Quickly

    Real Broker NY LLC

    (585) 565-6783

    92 Total Sales

    1 in Allegany Town

    $325,000 Price

    Matthew Sharman
     Section Image
  • Melanie Pritchard Real Estate Agent - ERA Team VP Real Estate

    Melanie Pritchard

    ERA Team VP Real Estate

    (716) 403-3199

    162 Total Sales

    4 in Allegany Town

    $198K - $220K Price Range

    Melanie Pritchard
     Section Image
  • Joseph Sciandra Real Estate Agent - Red Door Real Estate WNY LLC

    Joseph Sciandra

    Red Door Real Estate WNY LLC

    (716) 271-7606

    131 Total Sales

    1 in Allegany Town

    $128,000 Price

    Joseph Sciandra
     Section Image
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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
$1,647,058 David Lenefsky
Quattro Developmen Llc $265,000 Jeffrey E. Rochman
Quattro Olean Llc -- Jeffrey E. Rochman
Fellowshi Rhema Christian $75,000 Daniel A Derose
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 $742,000
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
05/08/2015 05/08/15 Sold $265,000 -47.0% $6 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
05/21/2013 05/21/13 For Sale $499,999 -- $11 / 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 $787 $8,406
2024 $293 $8,006
2023 $293 $14,010 $14,010 $0
2022 $290 $6,330 $6,330 $0
2021 $304 $7,440 $7,440 $0
2020 $308 $7,650 $7,650 $0
2019 $300 $6,210 $6,210 $0
2018 $293 $6,165 $6,165 $0
2017 $294 $5,505 $5,505 $0
2016 $292 $4,665 $4,665 $0
2015 $291 $3,696 $3,696 $0
Source: Public Records

Agents Affiliated with this Home

  • JC

    Seller's Agent in 2015

    Joseph Chamberlain

    No Office Affiliation

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Map

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

MLS Number: B430324

Western New York Real Estate Information Services (WNYREIS)

APN: 042089-094-062-0001-008-000-0000

New York Cattaraugus County Olean 14760

3018 Nys Route 417, Olean, NY

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