NOT LISTED FOR SALE

312 S 4th St Olean, NY 14760

Estimated Value: $51,000 - $187,000

4 Beds
2 Baths
1,840 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $30,000 $16 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $648/month

6 Days on Market

Highlights

  • Full Attic
  • Forced Air Cooling System
  • Wall to Wall Carpet

About This Home

As of June 2021

Great investment property with 2 units fully rented. upper unit is a 2 bedroom 1 bath that rents for $425. lower unit is a 2 bedroom 1 bath that rents for $550. Off street parking.

Last Listed By

Kelly Patrone

Listing by Howard Hanna Professionals License #30PA0967867 Listed on: 03/30/2021

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,520 Sq Ft Lot
  • Lot Dimensions are 110 x 32

Parking

  • No Driveway

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 22
  • Assessor Parcel Number 041200-094-072-0004-022-000-0000

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 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 25000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 110
  • Lot Dimension Front: 32
  • Lot Information: Neighborhood Street
  • Lot Number: 22
  • Nearest Cross Street: Irving
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 371287.13
  • Ratio Close Price By Sq Ft: 16.30
  • Ratio List Price By Acres: 370049.50
  • Ratio List Price By Sq Ft: 16.25
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 661
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3520
  • Age of Building: 102
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1840
  • Directions To Property: West State to S 4th
  • Sq Ft Total Pub: 1840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1840

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0808

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-072-0004-022-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1993

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 10, 2021
Sold by
Alanew Llc
Bought by
Russell Rentals Llc
Seller's Agent
Kelly Patrone
Howard Hanna Professionals
Buyer's Agent
Regis Handley
Howard Hanna Professionals
List Price
$29,900
Sold Price
$30,000
Premium/Discount to List
$100
0.33%
Total Days on Market
6
Current Estimated Value
$92,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,788
Avg. Annual Appreciation
20.33%

Purchase Details

Closed on
Oct 9, 2013
Sold by
Langdon Randy R
Bought by
Alanew Llc

Range of Values:

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Average Value
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List Price
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
Russell Rentals Llc $88,000 None Available
Alanew Llc $25,000 Daniel R. Palumbo
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $30,000 +0.3% $16 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $29,900 -- $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 $1,587 $25,000 $2,700 $22,300
2023 $941 $25,000 $2,700 $22,300
2022 $955 $25,000 $2,700 $22,300
2021 $982 $25,000 $2,700 $22,300
2020 $989 $25,000 $2,700 $22,300
2019 $375 $25,000 $2,700 $22,300
2018 $1,349 $25,000 $2,700 $22,300
2017 $1,013 $25,000 $2,700 $22,300
2016 $1,002 $25,000 $2,700 $22,300
2015 -- $25,000 $2,700 $22,300
2014 -- $25,000 $2,700 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1326360

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-072-0004-022-000-0000