Seller's Agent in 2021
Paul Pezzimenti
Howard Hanna
(716) 378-7039
342 Total Sales
Estimated Value: $236,770
--
Bed
--
Bath
4,621
Sq Ft
$51/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Cooling System
- Ceiling Fan
- Corner Lot
- Programmable Thermostat
- Baseboard Heating
About This Home
As of March 2021This incredibly well taken care of three-unit property in the historic Oak Hill District near downtown Olean is ready for you to move in or have as an investment property. The main floor was formerly used as an orthodontist office and converted into a spacious two-bedroom apartment. With updated kitchens in all three units, two of the units have 1.5 baths and a laundry room, and there is ample parking for all three units.With central air in the main unit, vinyl siding, newer heating systems, and good looking electrical systems, you shouldn't have to update many of the main systems for years to come.
Last Listed By
Listing by Howard Hanna Professionals License #10301214758 Listed on: 10/21/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,439
Year Built
- Built in 1863
Lot Details
- 8,100 Sq Ft Lot
- Lot Dimensions are 135 x 60
- Corner Lot
Parking
- Shared Driveway
Home Design
- Block Foundation
- Partial Copper Plumbing
- Vinyl Construction Material
Interior Spaces
- 4,621 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Flooring
- Wood
- Wall to Wall Carpet
- Vinyl
Schools
- Washington West Elementary School
- Olean Middle School
- Olean Senior High School
Utilities
- Forced Air Cooling System
- Multiple Heating Units
- Baseboard Heating
- Heating System Uses Gas
- Programmable Thermostat
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Rent includes all utilities, cooking gas, electric, grounds maintenance, heat, hot water, lawn maintenance, snow removal, water
- Tax Lot 1
- Assessor Parcel Number 041200-094-065-0010-001-000-0000
Community Details
Overview
- 3 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2020
Closed on
Mar 12, 2021
Sold by
Dac Jr Llc
Bought by
Southern Tier Holdings
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Lisa Darling
Homestar Realty
List Price
$187,000
Sold Price
$177,500
Premium/Discount to List
-$9,500
-5.08%
Total Days on Market
107
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,270
Avg. Annual Appreciation
7.32%
Original Mortgage
$142,000
Outstanding Balance
$129,491
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,321
Purchase Details
Closed on
Nov 15, 2006
Sold by
Colarusso Dominic
Bought by
Dac Jr Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Southern Tier Holdings | $177,500 | None Available | |
| Dac Jr Llc | -- | Daniel A. Derose |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Southern Tier Holdings | $142,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $177,500 | -5.1% | $38 / Sq Ft |
| 02/05/2021 02/05/21 | Pending | -- | -- | -- |
| 10/21/2020 10/21/20 | For Sale | $187,000 | -- | $40 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History Compared to Growth
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 | $9,270 | $146,000 | $12,600 | $133,400 |
| 2023 | $5,497 | $146,000 | $12,600 | $133,400 |
| 2022 | $5,576 | $146,000 | $12,600 | $133,400 |
| 2021 | $5,356 | $136,300 | $12,600 | $123,700 |
| 2020 | $5,393 | $136,300 | $12,600 | $123,700 |
| 2019 | $2,046 | $136,300 | $12,600 | $123,700 |
| 2018 | $7,352 | $136,300 | $12,600 | $123,700 |
| 2017 | $5,525 | $136,300 | $12,600 | $123,700 |
| 2016 | $5,464 | $136,300 | $12,600 | $123,700 |
| 2015 | -- | $136,300 | $12,600 | $123,700 |
| 2014 | -- | $136,300 | $12,600 | $123,700 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Pezzimenti
-
Lisa Darling
Buyer's Agent in 2021
Lisa Darling
Homestar Realty
(585) 808-8677
222 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1302442
APN: 041200-094-065-0010-001-000-0000
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