NOT LISTED FOR SALE

407 Irving St Olean, NY 14760

Estimated Value: $86,319 - $205,000

4 Beds
3 Baths
2,016 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $40,000 $20 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $900/month

98 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Space Heater
  • Partial Attic

About This Home

As of October 2012

Three unit investment property located on a quiet street just minutes from downtown. Off street parking, all units currently rented.

Last Listed By

Jon Farleo

Listing by Howard Hanna Professionals License #10301214488 Listed on: 03/30/2012

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 133 x 50

Parking

  • No Garage

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Utilities

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

Listing and Financial Details

  • Rent includes all utilities, no utilities
  • Assessor Parcel Number 041200-094-073-0002-004-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Age: 112
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 133
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 300000.0000
  • List Price per Sq Ft: 22.3214
  • Nearest Cross Street: South 4th St.
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 266666.67
  • Ratio Close Price By Sq Ft: 19.84
  • Ratio List Price By Acres: 300000.00
  • Ratio List Price By Sq Ft: 22.32
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: All Utilities, No Utilities
  • School Tax: 1160
  • Sale Price List Price: 0.8888
  • S P Per Acre: 266666.6700
  • S P Per Sq Ft: 19.8412
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 45000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: turn onto S 4th St. to Irving turn left house on the right
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Linoleum/Vinyl, Wall To Wall Carpet-Some, Wood-Some
  • Number of Rooms: 13
  • Total Sq Ft: 2016

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1500

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Space Heater
  • Number of Gas Meters: 1
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-073-0002-004-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2370

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2004
Sold by
Levett Elizabeth
Bought by
Marullo Kathleen
Total Days on Market
98
Current Estimated Value
$118,830

Range of Values:

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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
Marullo Kathleen $42,500 Gerardus A. Backhaus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marullo Kathleen A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $40,000 -11.1% $20 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $45,000 -- $22 / 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 $2,857 $45,000 $4,100 $40,900
2023 $1,694 $45,000 $4,100 $40,900
2022 $1,719 $45,000 $4,100 $40,900
2021 $1,768 $45,000 $4,100 $40,900
2020 $3,832 $45,000 $4,100 $40,900
2019 $675 $45,000 $4,100 $40,900
2018 $2,427 $45,000 $4,100 $40,900
2017 $1,824 $45,000 $4,100 $40,900
2016 $3,087 $45,000 $4,100 $40,900
2015 -- $45,000 $4,100 $40,900
2014 -- $45,000 $4,100 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B404807

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-073-0002-004-000-0000