NOT LISTED FOR SALE

319 N 4th St Olean, NY 14760

Estimated Value: $60,000 - $117,000

4 Beds
2 Baths
2,648 Sq Ft
$35/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $45,000 $17 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $614/month

428 Days on Market

Highlights

  • Full Attic
  • Front Green Space
  • Wall to Wall Carpet
  • Forced Air Cooling System

About This Home

As of September 2015

Large two family house centrally located directly across from Olean High School. Each apt. has two bedrooms and one bath. All utilities are separated, it has a large back yard with a garage. Great investment property or live in half and rent half out to help pay mortgage.

Last Listed By

Jon Farleo

Listing by Howard Hanna Professionals License #10301214488 Listed on: 05/27/2014

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 128 x 50
  • Front Green Space

Parking

  • 1 Car Garage

Interior Spaces

  • 2,648 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 no utilities
  • Assessor Parcel Number 041200-094-056-0008-011-000-0000

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 1880

Lot Details

0

Listing Details

  • Age: 134
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 75000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 50
  • Lot Information: Green Area
  • L P Per Acre: 332666.6700
  • List Price per Sq Ft: 18.8444
  • Nearest Cross Street: West Sullivan
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 300000.00
  • Ratio Close Price By Sq Ft: 16.99
  • Ratio List Price By Acres: 332666.67
  • Ratio List Price By Sq Ft: 18.84
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1850
  • Sale Price List Price: 0.9018
  • S P Per Acre: 300000.0000
  • S P Per Sq Ft: 16.9900
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 49900.00
  • Year Built Description: Existing
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: Turn onto North fourth St. house across from Olean High School
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 8
  • Total Sq Ft: 2648

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 0.1500

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: Blacktop

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: 041200-094-056-0008-011-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3918

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Saunders Donald A Est and Saunders
Bought by
3117 Military Road Llc
Total Days on Market
428
Current Estimated Value
$93,444

Purchase Details

Closed on
Jul 30, 2015
Sold by
Noller Lance R
Bought by
Saunders D. Andy

Purchase Details

Closed on
May 17, 2005
Sold by
Sweet Patricia
Bought by
Noller Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,518
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

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
3117 Military Road Llc $25,000 None Available
Saunders D. Andy $45,000 Gregory Shemeld
Noller Lance $77,124 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noller Lance $76,518
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2015 09/29/15 Sold $45,000 -40.0% $17 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
05/27/2014 05/27/14 For Sale $75,000 -- $28 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $4,502 $70,000 $4,200 $65,800
2023 $2,824 $75,000 $4,200 $70,800
2022 $2,864 $75,000 $4,200 $70,800
2021 $2,947 $75,000 $4,200 $70,800
2020 $7,185 $75,000 $4,200 $70,800
2019 $1,837 $75,000 $4,200 $70,800
2018 $8,319 $75,000 $4,200 $70,800
2017 $7,820 $75,000 $4,200 $70,800
2016 $6,360 $75,000 $4,200 $70,800
2015 -- $75,000 $4,200 $70,800
2014 -- $75,000 $4,200 $70,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B452626

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0008-011-000-0000