NOT LISTED FOR SALE

302 S Union St Olean, NY 14760

Estimated Value: $80,867 - $136,000

9 Beds
3 Baths
4,088 Sq Ft
$27/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2012

Last sale price $40,000 $10 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $707 / mo

57 Days on Market

Highlights

  • 6 Fireplaces
  • Forced Air Heating System
  • 4-minute walk to Lincoln Park

About This Home

As of July 2012

This home is located at 302 S Union St, Olean, NY 14760 since 05 April 2012 and is currently estimated at $112,217, approximately $27 per square foot. This property was built in 1910. 302 S Union St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.

Last Agent to Sell the Property

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660 Listed on: 04/05/2012

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660 Listed on: 04/05/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 64x50

Parking

  • No Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 4,088 Sq Ft Home
  • 2-Story Property
  • 6 Fireplaces
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Assessor Parcel Number 041200-094-073-0003-023-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1910
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: South Union St in Olean
  • Architectural Style: Triplex
  • Flooring: Other, See Remarks
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: 12

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Fireplaces: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: No Driveway, No Garage

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: 041200-094-073-0003-023-000-0000
  • Lot Dimensions: 64X50
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 6217.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jul 6, 2012
Sold by
Vanzandt Phyllis
Bought by
Meyers Bruce
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Thomas Fenner
Real Estate Pros & More
List Price
$79,900
Sold Price
$40,000
Premium/Discount to List
-$39,900
-49.94%
Current Estimated Value
$112,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,217
Avg. Annual Appreciation
7.77%
Original Mortgage
$54,500
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2010
Sold by
P & R Van Llc
Bought by
Vanzandt Phyllis

Purchase Details

Closed on
Nov 10, 2008
Sold by
Vanzandt Roland
Bought by
P & R Van Llc

Purchase Details

Closed on
Oct 9, 2008
Sold by
P & R Van Llc
Bought by
Vanzandt Phyllis

Purchase Details

Closed on
Jan 26, 2006
Sold by
Moses & Holcomb Estate
Bought by
P & R Van Llc
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

Date Buyer Sale Price Title Company
Meyers Bruce $40,000 Michael Morgan
Vanzandt Phyllis -- Daniel Palumbo
P & R Van Llc -- Daniel R Palumbo
Vanzandt Phyllis -- --
P & R Van Llc $124,900 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Meyers Bruce $54,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2012 07/10/12 Sold $40,000 -49.9% $10 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $79,900 -- $20 / 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 $3,794 $60,000 $1,100 $58,900
2024 $3,794 $60,000 $1,100 $58,900
2023 $2,259 $60,000 $1,100 $58,900
2022 $2,291 $60,000 $1,100 $58,900
2021 $2,358 $60,000 $1,100 $58,900
2020 $2,374 $60,000 $1,100 $58,900
2019 $901 $60,000 $1,100 $58,900
2018 $3,237 $60,000 $1,100 $58,900
2017 $4,155 $60,000 $1,100 $58,900
2016 $4,116 $60,000 $1,100 $58,900
2015 -- $60,000 $1,100 $58,900
2014 -- $60,000 $1,100 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B405269

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-073-0003-023-000-0000

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