NOT LISTED FOR SALE

408 N 13th St Olean, NY 14760

Estimated Value: $42,032 - $80,000

-- Bed
2 Baths
1,716 Sq Ft
$36/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $22,000 $13 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $376/month

1 Day on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 4-minute walk to Marcus Park & Playfields

About This Home

As of October 2012

Olean City Income Property ; 2 units.

Last Listed By

Rob Mercier

Listing by ERA Team VP Real Estate License #30ME0738204 Listed on: 08/21/2012

ERA Team VP Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 112 x 100

Parking

  • 1 Car Garage

Interior Spaces

  • 1,716 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-056-0002-001-001-0000

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 1935

Lot Details

0

Listing Details

  • Age: 77
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 44000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • L P Per Acre: 115000.0000
  • List Price per Sq Ft: 17.4242
  • Nearest Cross Street: Reed
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 84615.38
  • Ratio Close Price By Sq Ft: 12.82
  • Ratio List Price By Acres: 115000.00
  • Ratio List Price By Sq Ft: 17.42
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1041
  • Sale Price List Price: 0.7357
  • S P Per Acre: 84615.3800
  • S P Per Sq Ft: 12.8205
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 29900.00
  • Year Built Description: Existing
  • Age of Building: 87
  • Year Built: 1935
  • Directions To Property: Reed to N. 13th
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Crawl Space
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Number of Rooms: 11
  • Total Sq Ft: 1716

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.2600

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-056-0002-001-001-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2698

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2012
Closed on
Oct 17, 2012
Sold by
Weatherly William
Bought by
Mooney Patrick
Seller's Agent
Rob Mercier
ERA Team VP Real Estate
Buyer's Agent
Rob Mercier
ERA Team VP Real Estate
List Price
$29,900
Sold Price
$22,000
Premium/Discount to List
-$7,900
-26.42%
Total Days on Market
1
Current Estimated Value
$61,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,016
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Blough Michael
Bought by
Viking Of Wnyllc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Mooney Patrick $22,000 Daniel Derose
Viking Of Wnyllc $24,000 Daniel A Derose
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $22,000 -26.4% $13 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $29,900 -- $17 / 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 $432 $6,800 $6,800 $0
2023 $256 $6,800 $6,800 $0
2022 $260 $6,800 $6,800 $0
2021 $267 $6,800 $6,800 $0
2020 $464 $6,800 $6,800 $0
2019 $102 $6,800 $6,800 $0
2018 $559 $6,800 $6,800 $0
2017 $582 $6,800 $6,800 $0
2016 $577 $6,800 $6,800 $0
2015 -- $6,800 $6,800 $0
2014 -- $6,800 $6,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B414995

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0002-011-000-0000