NOT LISTED FOR SALE

307 Tompkins St Olean, NY 14760

Estimated Value: $64,659 - $204,000

7 Beds
3 Baths
4,272 Sq Ft
$28/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $45,000 $11 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $796/month

166 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Baseboard Heating
  • Full Attic
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of August 2020

Wonderful investment opportunity. This 3 unit apartment house has great income potential. The main unit has 3 bedrooms and 2 baths with a formal living room and dining room with pocket doors. There is a large kitchen with wood cabinets and butler pantry. There is a large front porch. This unit has a full basement and access to attic. The other two units have 2 bedrooms and one bath each. They each have galley kitchens and dining rooms. Each unit also have upper porches. There is a concrete patio to the rear of the house. There is an over sized one car garage with plenty of room for storage.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 01/09/2020

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 5,852 Sq Ft Lot
  • Lot Dimensions are 133 x 44
  • Rectangular Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,272 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Electric Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Attic

  • Full Attic
  • Unfinished Attic

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Stone Driveway

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 50
  • Assessor Parcel Number 041200-094-065-0004-050-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 73000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 133
  • Lot Dimension Front: 44
  • Lot Information: Neighborhood Street
  • Lot Number: 50
  • Lot Shape: Rectangular
  • Nearest Cross Street: North Clinton
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 335070.74
  • Ratio Close Price By Sq Ft: 10.53
  • Ratio List Price By Acres: 513775.13
  • Ratio List Price By Sq Ft: 16.15
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • Roof Description: Asphalt
  • School Tax: 1920
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5852
  • Age of Building: 108
  • Year Built: 1914
  • Directions To Property: Turn off East State Street onto North Clinton Street. Take right onto Tompkins. Property on left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1914

Interior Features

  • Attic Description: Full, Stair Access, Unfinished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Artificial: 2
  • Number of Fireplaces Total Calculated: 2
  • Total Sq Ft: 4272

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.1343

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Garage, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air, Hot Water
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: East View Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-065-0004-050-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3982

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2000
Sold by
Olean Teachers And Posta L Federal Credit Uni
Bought by
Park Centre Development, Inc.
Total Days on Market
166
Current Estimated Value
$121,165

Range of Values:

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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
Park Centre Development, Inc. $105,000 Carl Robert Vahl
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $45,000 -34.8% $11 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $69,000 -- $16 / 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 $4,635 $73,000 $3,900 $69,100
2023 $2,748 $73,000 $3,900 $69,100
2022 $2,788 $73,000 $3,900 $69,100
2021 $2,869 $73,000 $3,900 $69,100
2020 $972 $73,000 $3,900 $69,100
2019 $829 $73,000 $3,900 $69,100
2018 $1,773 $73,000 $3,900 $69,100
2017 $981 $73,000 $3,900 $69,100
2016 $961 $73,000 $3,900 $69,100
2015 -- $73,000 $3,900 $69,100
2014 -- $73,000 $3,900 $69,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1245614

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-065-0004-050-000-0000