NOT LISTED FOR SALE

405 King St Olean, NY 14760

3 Beds
1 Bath
2,342 Sq Ft
0.41 Acres

Last Sold March 25, 2022

Last sale price $101,000 $43 Per Sq Ft

95 Days on Market

Highlights

  • 0.41 Acre Lot
  • 2 Car Garage
  • Carpet
  • Forced Air Heating System

About This Home

As of March 2022

Why not have your rental pay for the mortgage. This 2 unit on a single lot makes it affordable to owning your own home or rent out both units and make it a great income property. The main house host 3 bedrooms and 1.5 baths. Newly remodeled kitchen and bath with new carpet through out the living room, dining room and upstairs. New flooring in the kitchen and bath with the vinyl flooring that looks like wood planking. Kitchen has new cabinets with countertops and breakfast bar for extra seating. Eat in area or use the dining room for the main eating space. Large spacious living room. All bedrooms are good sized with plenty of closet space. Newly blacktop driveway with a two car garage. Unit out back is bigger than it looks and has been remodeled as well. It is currently rented for $600/mo with two bedrooms and bath upstairs, living room, kitchen and laundry down.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 09/24/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 09/24/2021

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1880

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 77x234

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,342 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 47
  • Assessor Parcel Number 041200-094-067-0002-047-001-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,915

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1880
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: East State to King St. Go across tracks house will be on the left.
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.4136
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-067-0002-047-001-0000
  • Lot Dimensions: 77X234
  • Lot Size Sq Ft: 18018.0
  • ResoLotSizeUnits: Acres
  • 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: 1915.0
  • Tax Lot: 47
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $101,000 -8.1% $43 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $109,900 0.0% $47 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/07/2021 11/07/21 Price Changed $109,900 -4.4% $47 / Sq Ft
10/06/2021 10/06/21 For Sale $114,900 0.0% $49 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $114,900 +596.4% $49 / Sq Ft
03/12/2019 03/12/19 Sold $16,500 -44.8% $7 / Sq Ft View Prior Sale
01/18/2019 01/18/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $29,900 0.0% $13 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
12/10/2018 12/10/18 For Sale $29,900 +121.5% $13 / Sq Ft
04/28/2016 04/28/16 Sold $13,500 +35.0% $6 / Sq Ft View Prior Sale
02/25/2016 02/25/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $10,000 -- $4 / 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
2024 $1,897 $30,000 $7,300 $22,700
2023 $1,129 $30,000 $7,300 $22,700
2022 $1,146 $30,000 $7,300 $22,700
2021 $1,179 $30,000 $7,300 $22,700
2020 $394 $30,000 $7,300 $22,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1368547

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200 94.067-2-47