NOT LISTED FOR SALE

312 Laurens St Olean, NY 14760

Olean Area
-- Bed
-- Bath
6,904 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: June 10, 2013

Last sale price $157,000 $23 Per Sq Ft

94 Days on Market

Highlights

  • Property is near public transit
  • Rectangular Lot
  • Carpet
  • Space Heater

About This Home

As of June 2013

Income property. This property has two separate buildings. One building has five units and the other one has four. These are great income producers. The buildings are in good shape. Call today for more details.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 01/21/2013

Howard Hanna Professionals - Olean

Last Buyer's Agent

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 01/21/2013

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1871

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 90x130
  • Rectangular Lot

Home Design

  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 6,904 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Parking

  • 1 Parking Space
  • No Garage
  • Shared Driveway

Location

  • Property is near public transit

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Assessor Parcel Number 041200-094-065-0001-020-000-0000

Community Details

Overview

  • 9 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $16,800
  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1871

Lot Details

0.27 Acres

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities
  • Year Built: 1871
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Directions: On Laurens Street betwenn North Second Street and North Third Street.
  • Flooring: Carpet, Linoleum, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.27
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: One Space, No Garage, Shared Driveway

Utilities

  • Heating: Gas, Space Heater
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-065-0001-020-000-0000
  • Lot Dimensions: 90X130
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 70800.0
  • Annual Operating Expense: 16800.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 9191.0

MLS Schools

  • Elementary School: Washington West Elementary

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Bought by

Purchase Details

Closed on
May 21, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.042%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
May 18, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.042%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Aug 30, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
0.046%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 29, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
0.046%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 21, 2013
Closed on
Jun 10, 2013
Sold by
Bought by
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
List Price
$199,000
Sold Price
$157,000
Premium/Discount to List
-$42,000
-21.11%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$427,000 None Available
-- None Available
-- --
$160,000 None Available
-- --
$157,000 Daniel R. Palumbo
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,387,200
Previous Owner $200,000
Previous Owner $200,000
Previous Owner $188,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2013 06/10/13 Sold $157,000 -21.1% $23 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $199,000 -- $29 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,584 $100,000 $11,300 $88,700
2024 $6,323 $100,000 $11,300 $88,700
2023 $3,765 $100,000 $11,300 $88,700
2022 $3,819 $100,000 $11,300 $88,700
2021 $3,930 $100,000 $11,300 $88,700
2020 $3,957 $100,000 $11,300 $88,700
2019 $1,501 $100,000 $11,300 $88,700
2018 $5,394 $100,000 $11,300 $88,700
2017 $4,053 $100,000 $11,300 $88,700
2016 $4,009 $100,000 $11,300 $88,700
2015 -- $100,000 $11,300 $88,700
2014 -- $100,000 $11,300 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B422326

Western New York Real Estate Information Services (WNYREIS)
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