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.
Listing by Howard Hanna ProfessionalsLicense #10491207167Listed on: 06/28/2017
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
DateNameOwned ForOwner Type
Feb 2018 - PresentElliott Rental Llc7 Years and 3 Months
Company
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
Feb 2018 - Feb 2018Elliott Rental LlcLess than a month
Company
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
Jan 2018 - Feb 2018Elliott Rentals Llc1 Month
Company
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
Feb 2017 - Jan 2018Federal Credit Union Olean Area11 Months
Private Individual
Purchase Details
Closed on
Feb 1, 2017
Sold by
Jennings Edward
Bought by
Federal Credit Union Olean Area
Jun 2008 - Feb 2017Jennings Robert8 Years and 8 Months
Private Individual
Purchase Details
Closed on
Jun 19, 2008
Sold by
Cyzeski John
Bought by
Jennings Robert
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Paul PezzimentiHoward Hanna Professionals
$79,900
4 Beds
2 Baths
1,738 Sq Ft
Great investment property two family home . set up a viewing today.
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Tax AssessmentTax 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.
This home is located at 320 N 13th St, Olean, NY 14760 since 28 June 2017 and is currently estimated at $89,767, approximately $40 per square foot. This property was built in 1915. 320 N 13th 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.
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