NOT LISTED FOR SALE

320 N 13th St Olean, NY 14760

Estimated Value: $76,000 - $110,000

4 Beds
2 Baths
2,216 Sq Ft
$41/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $19,000 $9 Per Sq Ft

Est. 372% increase in value since last sale

Current estimated payment $590/month

145 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 3-minute walk to Marcus Park & Playfields
  • Full Attic
  • Rectangular Lot

About This Home

As of February 2018

This property is priced to sell. With a little TLC it could be very profitable. There are two separate units that are side by side. Each side has two bedrooms and one bathroom. There is access to attic and basement from either side.

Last Listed By

Dennis Pezzimenti

Listing by Howard Hanna Professionals License #10491207167 Listed on: 06/28/2017

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,224 Sq Ft Lot
  • Lot Dimensions are 128 x 33
  • Rectangular Lot

Parking

  • No Driveway

Home Design

  • Block Foundation

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Schools

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

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Rent includes no utilities
  • Tax Lot 43
  • Assessor Parcel Number 041200-094-056-0001-043-000-0000

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 1915

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • Lot Number: 43
  • Lot Shape: Rectangular
  • Nearest Cross Street: Washington Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 195876.29
  • Ratio Close Price By Sq Ft: 8.57
  • Ratio List Price By Acres: 256701.03
  • Ratio List Price By Sq Ft: 11.24
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1175
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Bank Owned / REO
  • Year Built Description: Existing
  • Lot Sq Ft: 4224
  • Age of Building: 107
  • Year Built: 1915
  • Directions To Property: On North 13th Street.
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2216

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0970

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

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

Lot Info

  • Parcel Number: 041200-094-056-0001-043-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2459

MLS Schools

  • Elementary School Name: Washington West 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
Jun 28, 2017
Closed on
Feb 6, 2018
Sold by
Olean Area F Credit Union
Bought by
Elliott Rental Llc
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$24,900
Sold Price
$19,000
Premium/Discount to List
-$5,900
-23.69%
Total Days on Market
145
Current Estimated Value
$89,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,767
Avg. Annual Appreciation
20.40%
Original Mortgage
$36,400
Outstanding Balance
$22,446
Interest Rate
3.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$50,975

Purchase Details

Listed on
Jun 28, 2017
Closed on
Feb 5, 2018
Sold by
Olean Area F Credit Union
Bought by
Elliott Rental Llc
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$24,900
Sold Price
$19,000
Premium/Discount to List
-$5,900
-23.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Outstanding Balance
$22,446
Interest Rate
3.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$50,975

Purchase Details

Listed on
Jun 28, 2017
Closed on
Jan 5, 2018
Sold by
Olean Area Fcu
Bought by
Elliott Rentals Llc
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$24,900
Sold Price
$19,000
Premium/Discount to List
-$5,900
-23.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Outstanding Balance
$22,446
Interest Rate
3.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$50,975

Purchase Details

Closed on
Feb 1, 2017
Sold by
Jennings Edward
Bought by
Federal Credit Union Olean Area

Purchase Details

Closed on
Jun 19, 2008
Sold by
Cyzeski John
Bought by
Jennings Robert

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
Elliott Rental Llc $19,000 None Available
Elliott Rental Llc $19,000 None Available
Elliott Rentals Llc -- --
Federal Credit Union Olean Area -- Michael A. Morgan
Jennings Robert $45,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Rentals Llc $36,400
Closed Elliott Rentals Llc $36,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $19,000 -23.7% $9 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $24,900 0.0% $11 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
08/23/2017 08/23/17 Price Changed $24,900 -16.7% $11 / Sq Ft
06/28/2017 06/28/17 For Sale $29,900 -- $13 / 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 $2,857 $45,000 $3,700 $41,300
2023 $1,694 $45,000 $3,700 $41,300
2022 $1,719 $45,000 $3,700 $41,300
2021 $1,768 $45,000 $3,700 $41,300
2020 $5,447 $45,000 $3,700 $41,300
2019 $2,114 $45,000 $3,700 $41,300
2018 $2,427 $45,000 $3,700 $41,300
2017 $1,824 $45,000 $3,700 $41,300
2016 $4,786 $45,000 $3,700 $41,300
2015 -- $45,000 $3,700 $41,300
2014 -- $45,000 $3,700 $41,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1058680

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-056-0001-043-000-0000