NOT LISTED FOR SALE

320 N 3rd St Olean, NY 14760

Estimated Value: $85,822 - $90,000

2 Beds
2 Baths
1,595 Sq Ft
$55/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $54,000 $34 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $604/month

46 Days on Market

Highlights

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Fireplace
  • Wall to Wall Carpet

About This Home

As of November 2020

2 unit duplex centrally located in city of Olean. Across from Olean High school-very safe. The lower unit has 2 bedrooms and one bath. The upper is one bedroom. Both units occupied with long term good paying tenants. This is also a great opportunity for a owner occupies lower and have income from the upper. Awesome front porch , off street parking for one car. Nice private backyard. Great location!

Last Agent to Sell the Property

James Dwaileebe

Listing by 3D Real Estate LLC License #10491206584 Listed on: 08/06/2020

Last Buyer's Agent

James Dwaileebe

Listing by 3D Real Estate LLC License #10491206584 Listed on: 08/06/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1890

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 150 x 50

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,595 Sq Ft Home
  • 1.7-Story Property
  • Electric Fireplace
  • Partial Basement

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 6
  • Assessor Parcel Number 041200-094-057-0005-006-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,389

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 43800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 6
  • Nearest Cross Street: Sullivan
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 313588.85
  • Ratio Close Price By Sq Ft: 33.86
  • Ratio List Price By Acres: 371660.86
  • Ratio List Price By Sq Ft: 40.13
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities
  • Roof Description: Asphalt
  • School Tax: 1152
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7500
  • Age of Building: 132
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 1595
  • Directions To Property: Sullivan to N 3rd
  • Sq Ft Total Pub: 1595
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Total Sq Ft: 1595

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1722

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: 1 Space

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-057-0005-006-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2389

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2014
Sold by
Sayegh Jean J
Bought by
Ash Emil J
Current Estimated Value
$88,206

Purchase Details

Closed on
Mar 24, 2008
Sold by
Boerman Patricia
Bought by
Sayegh Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2007
Sold by
Farris Estate Julia
Bought by
Boerman Patricia
Source: Public Records

Range of Values:

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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
Ash Emil J $45,000 Daniel R. Palumbo
Sayegh Jean $20,000 Nicholas Dicerbo
Boerman Patricia $30,000 Robert Simon
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sayegh Jean J $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $54,000 -15.6% $34 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $64,000 -- $40 / 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 $1,654 $43,800 $4,500 $39,300
2023 $1,649 $43,800 $4,500 $39,300
2022 $1,673 $43,800 $4,500 $39,300
2021 $1,721 $43,800 $4,500 $39,300
2020 $1,733 $43,800 $4,500 $39,300
2019 $657 $43,800 $4,500 $39,300
2018 $2,363 $43,800 $4,500 $39,300
2017 $1,775 $43,800 $4,500 $39,300
2016 $1,756 $43,800 $4,500 $39,300
2015 -- $43,800 $4,500 $39,300
2014 -- $43,800 $4,500 $39,300
Source: Public Records

Agents Affiliated with this Home

  • James Dwaileebe

    Seller's Agent in 2020

    James Dwaileebe

    3D Real Estate LLC

    (716) 307-2300

    7 in this area

    13 Total Sales

    James Dwaileebe
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Map

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

MLS Number: B1284446

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-057-0005-006-000-0000

New York Cattaraugus County Olean 14760

320 N 3rd St, Olean, NY

This home is located at 320 N 3rd St, Olean, NY 14760 since 06 August 2020 and is currently estimated at $88,206, approximately $55 per square foot. This property was built in 1890. 320 N 3rd 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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