NOT LISTED FOR SALE

317 S Barry St Olean, NY 14760

Estimated Value: $62,000 - $82,891

4 Beds
2 Baths
1,776 Sq Ft
$41/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $56,000 $32 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $479/month

3 Days on Market

About This Home

As of November 2023

Welcome to this fantastic opportunity to own a two-unit home in Olean, NY. Whether you're an investor looking for rental income or a homeowner seeking additional space or a potential mortgage helper, this property offers it all!
Two spacious units – each with 2 bedrooms and full bathrooms. Separate entrances for each unit, providing privacy and convenience.
This home is ideally situated in the heart of Olean, close to parks, schools, and shopping centers.
With two units, this property presents an excellent investment opportunity. Live in one unit and rent out the other to help offset mortgage costs or maximize rental income potential with both units. Take advantage of the strong rental market in the area.
Don't miss out on this wonderful two-unit home! Whether you're an investor or a homeowner, this property offers great potential. Schedule a viewing today and make it yours!

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 07/17/2023

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,493

Year Built

  • Built in 1920

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 90 x 30

Parking

  • On-Street Parking

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 32
  • Assessor Parcel Number 041200-094-073-0007-032-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,493

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 27500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 90
  • Lot Dimension Front: 30
  • Lot Information: Neighborhood Street
  • Lot Number: 32
  • Nearest Cross Street: East Henley Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 903225.81
  • Ratio Close Price By Sq Ft: 31.53
  • Ratio List Price By Acres: 967741.94
  • Ratio List Price By Sq Ft: 33.78
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 725
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2700
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1776
  • Directions To Property: East State Street to South Barry Street
  • Sq Ft Total Pub: 1776
  • Attribution Contact: 716-307-6960
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Total Sq Ft: 1776

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0620

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Electric, Gas
  • Hvac Type: Baseboard
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • 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: 041200-094-073-0007-032-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1493

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

Listed on
Jul 17, 2023
Closed on
Nov 14, 2023
Sold by
Gayton Deon A
Bought by
D & A Development Llc
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$60,000
Sold Price
$56,000
Premium/Discount to List
-$4,000
-6.67%
Views
22
Current Estimated Value
$71,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,973
Avg. Annual Appreciation
5.83%
Original Mortgage
$80,000
Outstanding Balance
$78,873
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$16,897

Purchase Details

Listed on
Jul 17, 2023
Closed on
Nov 2, 2023
Sold by
Hulbert Scott and Hulbert Amanda
Bought by
Gayton Deon A
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$60,000
Sold Price
$56,000
Premium/Discount to List
-$4,000
-6.67%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$78,873
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$16,897

Purchase Details

Closed on
Mar 27, 2009
Sold by
Benjamin Robert
Bought by
Morales Abril

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
D & A Development Llc -- None Available
Gayton Deon A $56,000 None Available
Morales Abril $25,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gayton Deon A $80,000
Previous Owner Morales Abril $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $56,000 -6.7% $32 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $60,000 -- $34 / 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 $1,038 $27,500 $2,300 $25,200
2023 $1,035 $27,500 $2,300 $25,200
2022 $1,050 $27,500 $2,300 $25,200
2021 $1,081 $27,500 $2,300 $25,200
2020 $1,088 $27,500 $2,300 $25,200
2019 $413 $27,500 $2,300 $25,200
2018 $1,483 $27,500 $2,300 $25,200
2017 $1,115 $27,500 $2,300 $25,200
2016 $1,103 $27,500 $2,300 $25,200
2015 -- $27,500 $2,300 $25,200
2014 -- $27,500 $2,300 $25,200
Source: Public Records

Agents Affiliated with this Home

  • Ken Bailey

    Seller's Agent in 2023

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    68 in this area

    149 Total Sales

    Section Image
  • Regis Handley

    Buyer's Agent in 2023

    Regis Handley

    Howard Hanna

    (716) 307-9256

    118 in this area

    210 Total Sales

    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1485051

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-073-0007-032-000-0000

New York Cattaraugus County Olean 14760

317 S Barry St, Olean, NY

This home is located at 317 S Barry St, Olean, NY 14760 since 17 July 2023 and is currently estimated at $71,973, approximately $40 per square foot. This property was built in 1920. 317 S Barry St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic 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.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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