NOT LISTED FOR SALE

303 E Riverside Dr Olean, NY 14760

Estimated Value: $85,000 - $249,000

3 Beds
2 Baths
1,556 Sq Ft
$91/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $17,000 $11 Per Sq Ft

Est. 734% increase in value since last sale

Current estimated payment $936/month

1 Day on Market

About This Home

As of April 2021

Two family home being sold as-is condition.

Last Listed By

Taylor Bennett

Listing by Keller Williams Realty License #10401246823 Listed on: 04/05/2021

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 416 x 99

Interior Spaces

  • 1,556 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes all utilities
  • Tax Lot 22
  • Assessor Parcel Number 041200-094-074-0001-022-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 70000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 416
  • Lot Dimension Front: 99
  • Lot Information: Neighborhood Street
  • Lot Number: 22
  • Nearest Cross Street: Indiana
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 17953.32
  • Ratio Close Price By Sq Ft: 10.93
  • Ratio List Price By Acres: 21121.55
  • Ratio List Price By Sq Ft: 12.85
  • Regional Board Code: Rochester
  • Rent Includes: All Utilities
  • School Tax: 1534
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 41248
  • Age of Building: 82
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1556
  • Directions To Property: Near corner of Indiana Ave
  • Sq Ft Total Pub: 1556
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Total Sq Ft: 1556

Exterior Features

  • Number of Acres: 0.9469

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-074-0001-022-000-0000

Rental Info

  • Certificate of Occupancy: Not Required, Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3165

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Apr 8, 2021
Sold by
Cornerstone 70238 Hldgs
Bought by
Todd Ciera and Vaughn Sean
Seller's Agent
Taylor Bennett
Keller Williams Realty
Buyer's Agent
Taylor Bennett
Keller Williams Realty
List Price
$20,000
Sold Price
$17,000
Premium/Discount to List
-$3,000
-15%
Total Days on Market
1
Current Estimated Value
$141,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,858
Avg. Annual Appreciation
54.81%

Purchase Details

Closed on
Apr 2, 2019
Sold by
Arnold As Michael H
Bought by
Cornerstone Holdings Llc

Purchase Details

Closed on
Mar 1, 2019
Sold by
Arnold As Michael H
Bought by
Cornerstone Holdings Llc

Purchase Details

Closed on
Jul 6, 2007
Sold by
American General Home Equ
Bought by
Cornerstone Homes Inc

Purchase Details

Closed on
Aug 23, 1999
Sold by
Difazio Steven
Bought by
Siragusa Michael

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
Todd Ciera $17,000 None Available
Cornerstone Holdings Llc -- None Available
Cornerstone Holdings Llc -- None Available
Cornerstone 7973 Holdings -- --
Cornerstone Homes Inc $20,000 Robert Plaskov
Siragusa Michael $30,000 Daniel Palumbo
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $17,000 -15.0% $11 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $20,000 -- $13 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,444 $70,000 $30,000 $40,000
2023 $2,635 $70,000 $30,000 $40,000
2022 $2,673 $70,000 $30,000 $40,000
2021 $2,751 $70,000 $30,000 $40,000
2020 $2,770 $70,000 $30,000 $40,000
2019 $1,051 $70,000 $30,000 $40,000
2018 $6,919 $70,000 $30,000 $40,000
2017 $5,993 $70,000 $30,000 $40,000
2016 $3,941 $70,000 $30,000 $40,000
2015 -- $70,000 $30,000 $40,000
2014 -- $70,000 $30,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1324533

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-074-0001-022-000-0000