NOT LISTED FOR SALE

306 Center St Olean, NY 14760

Estimated Value: $66,000 - $80,000

3 Beds
2 Baths
1,663 Sq Ft
$44/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $41,500 $25 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $483/month

29 Days on Market

About This Home

As of July 2021

Great investment. 2 unit has long term tenants Off Street parking Each unit has 1 bedroom, living room, kitchen and office area. Convenient location.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 04/05/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 04/05/2021

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1895

Lot Details

  • 3,200 Sq Ft Lot
  • Lot Dimensions are 100 x 32

Parking

  • Stone Driveway

Home Design

  • Block Foundation

Interior Spaces

  • 1,663 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 7
  • Assessor Parcel Number 041200-094-050-0002-007-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$959

Year Built

Built in 1895

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 17575
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 32
  • Lot Information: Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: 2nd Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 564625.85
  • Ratio Close Price By Sq Ft: 24.95
  • Ratio List Price By Acres: 746938.78
  • Ratio List Price By Sq Ft: 33.01
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 465
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3200
  • Age of Building: 127
  • Year Built: 1895
  • Above Grade Finished Sq Ft: 1663
  • Directions To Property: Main St to center
  • Sq Ft Total Pub: 1663
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1895

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1663

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0735

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Stone/Gravel

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: 041200-094-050-0002-007-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 959

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2015
Sold by
Connelly Cynthia M
Bought by
Alanew Llc
Current Estimated Value
$73,136

Purchase Details

Closed on
Jul 8, 1995
Sold by
Emery Kirch Karen Soplop Soplo
Bought by
Connelly Cynthia M
Source: Public Records

Range of Values:

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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
Alanew Llc $18,500 Daniel Palumbo
Connelly Cynthia M $18,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $41,500 -24.4% $25 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $54,900 -- $33 / 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 $1,170 $31,000 $3,100 $27,900
2023 $1,167 $31,000 $3,100 $27,900
2022 $1,184 $31,000 $3,100 $27,900
2021 $691 $17,575 $3,100 $14,475
2020 $695 $17,575 $3,100 $14,475
2019 $264 $17,575 $3,100 $14,475
2018 $948 $17,575 $3,100 $14,475
2017 $712 $17,575 $3,100 $14,475
2016 $705 $17,575 $3,100 $14,475
2015 -- $17,575 $3,100 $14,475
2014 -- $32,000 $3,100 $28,900
Source: Public Records

Agents Affiliated with this Home

  • Kelly Patrone

    Seller's Agent in 2021

    Kelly Patrone

    Howard Hanna

    (716) 353-3222

    107 in this area

    241 Total Sales

    Kelly Patrone
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1327206

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0002-007-000-0000

New York Cattaraugus County Olean 14760

306 Center St, Olean, NY

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