NOT LISTED FOR SALE

405 W Henley St Olean, NY 14760

Estimated Value: $93,000 - $149,000

2 Beds
2 Baths
2,373 Sq Ft
$51/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2019

Last sale price $70,000 $29 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $762 / mo

10 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating System
  • Balcony
  • Sliding Doors
  • Accessible Utilities

About This Home

As of May 2019

GREAT OPPORTUNITY NOW AVAILABLE - WELL MAINTAINED INCOME PROPERTY ON AN EASY ACCESSIBLE CITY LOT. OWN IT-LIVE IN ONE AND RENT OUT THE OTHER! 5 CAR GARAGE/STORAGE IN REAR!! LOTS OF PARKING. NICE MODERN APARTMENTS, CLEAN, 5-6 BRIGHT ROOMS EACH, TWO BEDROOMS EACH, FRESHLY PAINTED, READY TO GO. FRONT UPSTAIRS APARTMENT HAS BIG PICTURE WINDOW, ENCLOSED HEATED PORCH WITH LAUNDRY AND EXIT IN REAR TO BACKYARD. BACK LOWER APARTMENT HAS 2 PORCHES, LARGE KITCHEN, FORMAL DINING ROOM, FORMAL LIVING ROOM. EACH TO BRING $650 PER MONTH. VACANT CURRENTLY. UTILITIES/HEAT ARE ON. WASHER AND DRYER IN UPPER, BOTH EQUIPPED WITH APPLIANCES, NEW HOT WATER TANK JUST INSTALLED. SYSTEMS ALL IN CHECK.

Last Agent to Sell the Property

Rebecca Pettit

Listing by Homestar Realty License #40PE1006563 Listed on: 03/04/2019

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,643

Year Built

  • Built in 1900

Lot Details

  • 9,720 Sq Ft Lot
  • Lot Dimensions are 60x162

Parking

  • 5 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,373 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Window Treatments
  • Sliding Doors
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Vinyl

Utilities

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

Additional Features

  • Accessible Utilities
  • Balcony

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 3
  • Assessor Parcel Number 041200-094-073-0001-003-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,643

Year Built

Built in 1900

Lot Details

9,720 Sq Ft Lot

Parking

5

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • ResoLaundryFeatures: Accessible Utilities or Laundry, Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Union Street to Henley Street-2nd block-Epic Building next door - fenced side
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Interior Features: Sliding Glass Door(s), Natural Woodwork, Window Treatments
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Door Features: Sliding Doors
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2231
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 5.0
  • Parking Features: Gravel, 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: 041200-094-073-0001-003-000-0000
  • Lot Dimensions: 60X162
  • Lot Size Sq Ft: 9720.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 7800.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3643.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Firkel Ltd
Bought by
Acik Nazan
Current Estimated Value
$120,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Outstanding Balance
$102,310
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$18,667

Purchase Details

Closed on
Dec 30, 2021
Sold by
Panther Development Llc
Bought by
Firkel Ltd

Purchase Details

Listed on
Mar 4, 2019
Closed on
May 23, 2019
Sold by
Anzivine Shirley and Anzivine M
Bought by
Panther Development Llc
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$56,000
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 4, 2019
Closed on
May 21, 2019
Sold by
Anzivine Shirley and Anzivine M
Bought by
Panther Development Llc
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 4, 2019
Closed on
May 18, 2019
Sold by
Anzivine Shirley M
Bought by
Panther Development Llc
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Acik Nazan $100,000 None Available
Firkel Ltd $70,000 None Available
Firkel Ltd $70,000 None Available
Panther Development Llc $70,000 None Available
Panther Development Llc $70,000 None Available
Panther Development Llc $70,000 --
Panther Development Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acik Nazan $103,920
Previous Owner Panther Development Llc $56,000
Previous Owner Panther Development Llc $56,000
Previous Owner Panther Development Llc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2019 05/21/19 Sold $70,000 -6.5% $29 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $74,900 -- $32 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $4,344 $68,700 $5,100 $63,600
2024 $4,344 $68,700 $5,100 $63,600
2023 $2,586 $68,700 $5,100 $63,600
2022 $2,624 $68,700 $5,100 $63,600
2021 $2,700 $68,700 $5,100 $63,600
2020 $2,718 $68,700 $5,100 $63,600
2019 $1,031 $68,700 $5,100 $63,600
2018 $3,706 $68,700 $5,100 $63,600
2017 $4,757 $68,700 $5,100 $63,600
2016 $2,754 $68,700 $5,100 $63,600
2015 -- $68,700 $5,100 $63,600
2014 -- $68,700 $5,100 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1176256

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-073-0001-003-000-0000

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