NOT LISTED FOR SALE

320 N 13th St Olean, NY 14760

Estimated Value: $80,033 - $126,000

4 Beds
2 Baths
2,216 Sq Ft
$44/Sq Ft Est. Value

Sale Details

Date Sold: February 9, 2018

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

Est. 415% increase in value since last sale

Current estimated payment $755 / mo

145 Days on Market

Highlights

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

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 Agent to Sell the Property

Dennis Pezzimenti

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

Howard Hanna Professionals - Olean

Last Buyer's Agent

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,224 Sq Ft Lot
  • Lot Dimensions are 33x128
  • Rectangular Lot

Home Design

  • Block Foundation
  • Aluminum Siding
  • Steel Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Schools

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

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 43
  • Assessor Parcel Number 041200-094-056-0001-043-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

4,224 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1915
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On North 13th Street.
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.097
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-056-0001-043-000-0000
  • Lot Dimensions: 33X128
  • Lot Size Sq Ft: 4224.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2459.0
  • Tax Lot: 43

MLS Schools

  • Elementary School: Washington West Elementary

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 - Olean
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%
Current Estimated Value
$97,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,758
Avg. Annual Appreciation
22.14%
Original Mortgage
$36,400
Outstanding Balance
$19,256
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,502

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 - Olean
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
$19,256
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,502

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 - Olean
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
$19,256
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,502

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
Source: Public Records
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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $2,845 $45,000 $3,700 $41,300
2024 $2,845 $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

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