NOT LISTED FOR SALE

3067 Route 16 N Unit NYS Olean, NY 14760

Estimated Value: $126,000 - $179,769

4 Beds
2 Baths
2,695 Sq Ft
$59/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $42,750 $16 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $1,069/month

35 Days on Market

Highlights

  • 2 Acre Lot
  • Forced Air Cooling System
  • Heating System Uses Propane
  • Wood Flooring

About This Home

As of May 2017

SFR converted to a 2 unit spacious home with plenty of room. Both units have formal dining rooms, 2 bedrooms and a full bath. There is a 4 car detached garage so plenty of space for extra storage or a place to work on your hobbies. Located on Route 16 in Olean, you'll be right by Olean Creek and Route 86. So come make your appointment today! Easy to show!

Last Agent to Sell the Property

Michael Wilson

Listing by Michael Wilson Realty LLC License #49WI1146749 Listed on: 01/26/2017

Last Buyer's Agent

Ronald Frazier

Listing by Real Estate Pros & More License #10401229681

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 1900

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 295 x 295

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,695 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Parking

  • 4 Car Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 044600-085-012-0001-030-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,581

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Hinsdale-044600
  • Total Assessed Value: 75000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 295
  • Lot Dimension Front: 295
  • Lot Information: Agricultural District, Primary Road
  • Nearest Cross Street: Pleasant Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 21375.00
  • Ratio Close Price By Sq Ft: 15.86
  • Ratio List Price By Acres: 22500.00
  • Ratio List Price By Sq Ft: 16.70
  • Regional Board Code: Buffalo
  • School Tax: 637
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 87120
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: On Route 16 between Pleasant Rd and Winchester Rd
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding- Some
  • Total Sq Ft: 2695

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 2.0000

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 4.0000
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Propane
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Septic
  • Water Heater Fuel: Propane

Schools

  • School District: Hinsdale

Lot Info

  • Parcel Number: 044600-085-012-0001-030-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1581

MLS Schools

  • School District Name: Hinsdale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
May 19, 2017
Sold by
Solutions Inc Reverse Mortgage
Bought by
Smith Christina M
Seller's Agent
Michael Wilson
Michael Wilson Realty LLC
Buyer's Agent
Ronald Frazier
Real Estate Pros & More
List Price
$45,000
Sold Price
$42,750
Premium/Discount to List
-$2,250
-5%
Current Estimated Value
$158,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,692
Avg. Annual Appreciation
17.41%
Original Mortgage
$34,200
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 21, 2017
Sold by
Pfeiffer Esq. Referee Raymond M
Bought by
Solution Inc Reverse Mortgage
Seller's Agent
Michael Wilson
Michael Wilson Realty LLC
Buyer's Agent
Ronald Frazier
Real Estate Pros & More
List Price
$45,000
Sold Price
$42,750
Premium/Discount to List
-$2,250
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2001
Sold by
Morrill Goodsel E-Betty L
Bought by
Morrill Betty L

Purchase Details

Closed on
Sep 27, 1995
Sold by
Co Of Cattaraugus
Bought by
Charles Diana M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Christina M -- Eric Firkel
Solution Inc Reverse Mortgage $68,000 Aldridge Pite, Llp
Morrill Betty L -- --
Charles Diana M $5,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Christina M $57,000
Closed Smith Christina M $34,200
Previous Owner Morrill Betty L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $42,750 -5.0% $16 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $45,000 -- $17 / 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 $2,330 $75,000 $13,000 $62,000
2023 $2,337 $75,000 $13,000 $62,000
2022 $2,319 $75,000 $13,000 $62,000
2021 $2,332 $75,000 $13,000 $62,000
2020 $2,336 $75,000 $13,000 $62,000
2019 $819 $75,000 $13,000 $62,000
2018 $2,333 $75,000 $13,000 $62,000
2017 $2,331 $75,000 $13,000 $62,000
2016 $819 $75,000 $13,000 $62,000
2015 -- $75,000 $13,000 $62,000
2014 -- $75,000 $13,000 $62,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Wilson

    Seller's Agent in 2017

    Michael Wilson

    Michael Wilson Realty LLC

    (716) 912-8770

    78 Total Sales

    Michael Wilson
    Section Image

  • R

    Buyer's Agent in 2017

    Ronald Frazier

    Real Estate Pros & More

See All Agents

Map

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

MLS Number: B1023225

Western New York Real Estate Information Services (WNYREIS)

APN: 044600-085-012-0001-030-000-0000

New York Cattaraugus County Olean 14760

3067 Route 16 N Unit NYS, Olean, NY

This home is located at 3067 Route 16 N Unit NYS, Olean, NY 14760 since 26 January 2017 and is currently estimated at $158,442, approximately $58 per square foot. This property was built in 1900. 3067 Route 16 N Unit NYS is a home located in Cattaraugus County with nearby schools including Hinsdale Central School and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western New York Real Estate Information Services (WNYREIS) The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Nearby Homes