Unlimited possibilities in this two unit home with two car garage. Home is located in Olean close to stores, schools, etc. Subject features a two bedroom home with a one bedroom apratment.
Last Listed By
Janet Parks
Listing by No Office AffiliationLicense #40BA0780579Listed on: 05/03/2016
Property Details
Home Type
Multi-Family
Year Built
Built in 1947
Lot Details
1.3 Acre Lot
182 Ft Wide Lot
Parking
2 Car Garage
Interior Spaces
2,004 Sq Ft Home
1-Story Property
2 Fireplaces
Wall to Wall Carpet
Basement Fills Entire Space Under The House
Utilities
Forced Air Cooling System
Multiple Heating Units
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 044600-085-012-0001-014-001-0000
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 1947
Lot Details
0
Listing Details
Age: 69
NY Swis Code: Hinsdale-044600
Total Assessed Value: 60000
Listing Type: Exclusive Right To Sell
Lot Dimension Front: 182
Lot Information: Neighborhood Street
L P Per Acre: 11538.4615
List Price per Sq Ft: 7.4850
Nearest Cross Street: Sherlock
Number of Stories: 1.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 15385.38
Ratio Close Price By Sq Ft: 9.98
Ratio List Price By Acres: 11538.46
Ratio List Price By Sq Ft: 7.49
Regional Board Code: Buffalo
Regional Board Number: 6375
School Tax: 1410
Sale Price List Price: 1.3334
S P Per Acre: 15385.3846
S P Per Sq Ft: 9.9800
Sub Board Code: Buffalo
Type of Residence: 2 Unit
Type of Sale: Bank Owned / REO
Value Range Search Low Price: 15000.00
Year Built Description: Existing
Age of Building: 75
Year Built: 1947
Directions To Property: Route 16 in Olean
Special Features: 20
Property Sub Type: MultiFamily
Stories: 1
Year Built: 1947
Interior Features
Additional Interior Features: Circuit Breakers - Some
Attic Description: Crawl Space
Basement Description: Full
Floor Description: Wall To Wall Carpet-Some
Number of Fireplaces Total Calculated: 2
Number of Rooms: 8
Total Sq Ft: 2004
Exterior Features
Number of Acres: 1.3000
Garage/Parking
Number of Electric Meters: 2
Number of Garage Spaces: 2.0000
Utilities
Heating Fuel Description: Propane
Hvac Type: Forced Air
Number of Gas Meters: 2
Number of Heating Units: 2
Sewer Description: Septic
Water Heater Fuel: Propane
Schools
School District: Hinsdale
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
Lot Info
Parcel Number: 044600-085-012-0001-014-001-0000
Rental Info
Certificate of Occupancy: Not Supplied
Multi Family
Total Number Of Apartments: 2
Tax Info
Total Taxes: 2429
MLS Schools
School District Name: Hinsdale
Ownership History
DateNameOwned ForOwner Type
May 2021 - PresentRunkle Philip E and Runkle Betty J4 Years
Private Individual
Purchase Details
Closed on
May 18, 2021
Sold by
Peters Darwin and Peters Sandra
Bought by
Runkle Philip E and Runkle Betty J
Total Days on Market
16
Current Estimated Value
$227,699
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Outstanding Balance
$161,641
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$67,060
Jun 2017 - May 2021Peters Darwin3 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jun 26, 2017
Sold by
Clark James M
Bought by
Peters Darwin
Mar 2017 - Jun 2017Clark James3 Months
Private Individual
Purchase Details
Closed on
Mar 1, 2017
Sold by
Peters Darwin
Bought by
Clark James
Jun 2016 - Mar 2017Peters Darwin9 Months
Private Individual
Purchase Details
Listed on
May 3, 2016
Closed on
Jun 15, 2016
Sold by
Association Federal National Mortgage
Bought by
Peters Darwin
Seller's Agent
Janet Parks
No Office Affiliation
Buyer's Agent
Joseph Chamberlain
No Office Affiliation
List Price
$15,000
Sold Price
$20,001
Premium/Discount to List
$5,001
33.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.61%
Feb 2016 - Jun 2016Federal National Mortgage Association4 Months
Company
Purchase Details
Closed on
Feb 23, 2016
Sold by
Clark James M
Bought by
Federal National Mortgage Association
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
This Prime 3000+ sqft Mixed Use Property located on a corner parcel offers endless potential. The property features 25+ parking spaces and separate entrances for both units. The first floor of this property had been used previously as a salon and has now been turned into a freshly painted blank canvas. The second floor of the property is a two bedroom one bath apartment with a separate
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 3110 Route 16 N Unit NYS, Olean, NY 14760 since 03 May 2016 and is currently estimated at $227,699, approximately $113 per square foot. This property was built in 1947. 3110 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.