NOT LISTED FOR SALE

407 E State St Olean, NY 14760

-- Bed
-- Bath
4,872 Sq Ft
0.51 Acres

Last Sold August 01, 2012

Last sale price $83,000 $17 Per Sq Ft

52 Days on Market

Highlights

  • 0.51 Acre Lot
  • Partial Attic
  • Wood Burning Fireplace
  • Wood Flooring
  • Forced Air Cooling System
  • 3-minute walk to Lincoln Park

About This Home

As of August 2012

Nice money maker, centrally located four unit with good rental history. Lots of parking, two nice size units, two one bedroom units and plenty of character.

Last Agent to Sell the Property

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 05/15/2012

Last Buyer's Agent

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 05/15/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,564

Year Built

  • Built in 1890

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 240 x 92

Parking

  • No Garage

Home Design

  • Frame Construction

Interior Spaces

  • 4,872 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

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

Listing and Financial Details

  • Rent includes heat
  • Assessor Parcel Number 041200-094-065-0005-025-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,564

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Age: 122
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 90000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 240
  • Lot Dimension Front: 92
  • L P Per Acre: 209803.9200
  • List Price per Sq Ft: 21.9622
  • Nearest Cross Street: Fulton
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 162745.10
  • Ratio Close Price By Sq Ft: 17.04
  • Ratio List Price By Acres: 209803.92
  • Ratio List Price By Sq Ft: 21.96
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Heat
  • School Tax: 2131
  • Sale Price List Price: 0.7757
  • S P Per Acre: 162745.1000
  • S P Per Sq Ft: 17.0361
  • Sub Board Code: Buffalo
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 107000.00
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: East State St. next to Century Manor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Number of Rooms: 18
  • Total Sq Ft: 4872

Exterior Features

  • Construction: Frame
  • Number of Acres: 0.5100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 3
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-065-0005-025-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 4564

MLS Schools

  • School District Name: Olean

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
08/01/2012 08/01/12 Sold $83,000 -22.4% $17 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $107,000 -- $22 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Thomas Butler

    Southern Tier Realty Co. Inc.

    (716) 378-7141

    26 in this area

    44 Total Sales

    Thomas Butler
    Section Image
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Map

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

MLS Number: B408144

Western New York Real Estate Information Services (WNYREIS)
New York Cattaraugus County Olean 14760

407 E State St, Olean, NY

Not Listed for Sale

MultiFamily

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