NOT LISTED FOR SALE

305 Coleman St Olean, NY 14760

Estimated Value: $77,000 - $115,000

4 Beds
3 Baths
2,411 Sq Ft
$39/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $26,000 $11 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $581/month

45 Days on Market

About This Home

As of June 2021

Centrally located 2 Family home(Potentially 3 units). Each apartment has 2 bedrooms and 1 bathroom. The home is livable and currently has two tenants. This investment property has great income potential. It is sold as is. Interior pictures to follow. OPEN HOUSE 12 NOON 05/15

Last Agent to Sell the Property

James Dwaileebe

Listing by 3D Real Estate LLC License #10491206584 Listed on: 04/02/2021

Last Buyer's Agent

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 195 x 66

Home Design

  • Duplex

Interior Spaces

  • 2,411 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 10
  • Assessor Parcel Number 041200-094-057-0001-010-000-0000

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 1880

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 50900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 195
  • Lot Dimension Front: 66
  • Lot Information: Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: 1st street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 87778.53
  • Ratio Close Price By Sq Ft: 10.78
  • Ratio List Price By Acres: 84064.82
  • Ratio List Price By Sq Ft: 10.33
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 1346
  • Sub Board Code: Buffalo
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 12903
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 2411
  • Directions To Property: Wayne to Coleman
  • Sq Ft Total Pub: 2411
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 2411

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.2962

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

Lot Info

  • Parcel Number: 041200-094-057-0001-010-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2774

MLS Schools

  • School District Name: Olean

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $26,000 +4.4% $11 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 Price Changed $24,900 -16.7% $10 / Sq Ft
05/04/2021 05/04/21 For Sale $29,900 +15.0% $12 / Sq Ft
04/05/2021 04/05/21 Off Market $26,000 -- --
04/02/2021 04/02/21 For Sale $29,900 -- $12 / 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 $3,724 $58,900 $6,700 $52,200
2023 $2,217 $58,900 $6,700 $52,200
2022 $2,249 $58,900 $6,700 $52,200
2021 $2,000 $50,900 $6,700 $44,200
2020 $2,014 $50,900 $6,700 $44,200
2019 $764 $50,900 $6,700 $44,200
2018 $3,165 $50,900 $6,700 $44,200
2017 $2,063 $50,900 $6,700 $44,200
2016 $2,041 $50,900 $6,700 $44,200
2015 -- $50,900 $6,700 $44,200
2014 -- $50,900 $6,700 $44,200
Source: Public Records

Agents Affiliated with this Home

  • James Dwaileebe

    Seller's Agent in 2021

    James Dwaileebe

    3D Real Estate LLC

    (716) 307-2300

    6 in this area

    12 Total Sales

    James Dwaileebe
    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Fenner

    Real Estate Pros & More

    (716) 373-8971

    13 in this area

    29 Total Sales

    Thomas Fenner
    Section Image
See All Agents

Map

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

MLS Number: B1327294

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-057-0001-010-000-0000

New York Cattaraugus County Olean 14760

305 Coleman St, Olean, NY

Not Listed for Sale

MultiFamily

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