NOT LISTED FOR SALE

329 N 5th St Olean, NY 14760

Olean Area

Estimated Value: $74,000 - $104,000

6 Beds
2 Baths
2,434 Sq Ft
$35/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2016

Last sale price $1,575 $1 Per Sq Ft

Est. 5,377% increase in value since last sale

Current estimated payment $501 / mo

60 Days on Market

About This Home

As of September 2016

This home is being sold as a lot only the structure needs a lot of work and would need the building inspectors permission before anything can be done. This property can be viewed from the exterior only

Last Agent to Sell the Property

Janet Parks

Listing by No Office Affiliation License #40BA0780579 Listed on: 04/11/2016

Last Buyer's Agent

Annette Fachko

Listing by No Office Affiliation

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 128 x 40

Parking

  • No Garage

Interior Spaces

  • 2,434 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041200-094-056-0008-029-000-0000

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 1920

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Age: 96
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 31000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 128
  • Lot Dimension Front: 40
  • Lot Information: Neighborhood Street
  • L P Per Acre: 58333.3300
  • List Price per Sq Ft: 2.8759
  • Nearest Cross Street: West Sullivan
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 13125.00
  • Ratio Close Price By Sq Ft: 0.65
  • Ratio List Price By Acres: 58333.33
  • Ratio List Price By Sq Ft: 2.88
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • School Tax: 794
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Bank Owned / REO
  • Value Range Search Low Price: 7000.00
  • Year Built Description: Existing Unknown
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: West Sullivan to North 5th
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Number of Rooms: 12
  • Total Sq Ft: 2434

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1200

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2

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

Lot Info

  • Parcel Number: 041200-094-056-0008-029-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2557

MLS Schools

  • School District Name: Olean

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Bought by
Current Estimated Value
$86,270

Purchase Details

Closed on
Feb 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2017
Sold by
Bought by

Purchase Details

Listed on
Apr 11, 2016
Closed on
Aug 29, 2016
Sold by
Bought by
Seller's Agent
Janet Parks
No Office Affiliation
Buyer's Agent
Annette Fachko
No Office Affiliation
List Price
$7,000
Sold Price
$1,575
Premium/Discount to List
-$5,425
-77.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.84%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olean, NY

  • Melanie Pritchard Real Estate Agent - ERA Team VP Real Estate

    Melanie Pritchard

    ERA Team VP Real Estate

    (716) 403-3199

    161 Total Sales

    5 in Olean

    $173K - $400K Price Range

    Melanie Pritchard
     Section Image
  • Jerry Thompson Real Estate Agent - Century 21 North East

    Jerry Thompson

    Century 21 North East

    (716) 687-0473

    336 Total Sales

    2 in Olean

    $145,000 Price Range

    Jerry Thompson
     Section Image
  • Aimee Campbell Real Estate Agent - Empire Realty Group

    Aimee Campbell

    Responds Quickly

    Empire Realty Group

    (585) 565-5382

    157 Total Sales

    1 in Olean

    $155,000 Price

    Aimee Campbell
     Section Image
  • Caitlin Croft Real Estate Agent - Iconic Real Estate

    Caitlin Croft

    Iconic Real Estate

    (716) 221-8308

    84 Total Sales

    6 in Olean

    $142K - $218K Price Range

    Caitlin Croft
     Section Image
  • Heather Chase Real Estate Agent - ERA Team VP Real Estate

    Heather Chase

    ERA Team VP Real Estate

    (878) 217-7080

    146 Total Sales

    4 in Olean

    $100K - $200K Price Range

    Heather Chase
     Section Image
  • Anthony Dubreville Real Estate Agent - Keller Williams Realty WNY

    Anthony Dubreville

    Keller Williams Realty WNY

    (716) 221-8737

    105 Total Sales

    2 in Olean

    $26,000 Price Range

    Anthony Dubreville
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- None Available
-- --
-- None Available
-- --
$1,575 --
$500 Fein, Such & Crane, Llp.
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $1,575 -77.5% $1 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $7,000 -- $3 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $318 $3,700 $3,700 $0
2024 $234 $3,700 $3,700 $0
2023 $139 $3,700 $3,700 $0
2022 $141 $3,700 $3,700 $0
2021 $145 $3,700 $3,700 $0
2020 $253 $3,700 $3,700 $0
2019 $973 $3,700 $3,700 $0
2018 $4,256 $31,000 $3,700 $27,300
2017 $2,932 $31,000 $3,700 $27,300
2016 $2,126 $31,000 $3,700 $27,300
2015 -- $31,000 $3,700 $27,300
2014 -- $64,000 $3,700 $60,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Janet Parks

    No Office Affiliation

See All Agents

Map

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

MLS Number: B496905

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0008-029-000-0000

New York Cattaraugus County Olean 14760

329 N 5th St, Olean, NY

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