NOT LISTED FOR SALE

408 S 4th St Unit 30 Olean, NY 14760

Estimated Value: $87,000 - $262,000

7 Beds
3 Baths
2,532 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $89,900 $36 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $977/month

13 Days on Market

Highlights

  • Forced Air Cooling System
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of March 2020

MINT CONDITION FOR THIS 3 UNIT PROPERTY ON 1.38 ACRES. TOTALLY REMODELED, NEW WINDOWS, NEW WIRING, ROOF 8 YEARS OLD, OFF STREET PARKING, SEPARATE UTILITIES., 2 SHEDS FOR STORAGE. A DEFINITE MUST SEE

Last Listed By

Mary Karst

Listing by Howard Hanna Professionals License #30KA0826754 Listed on: 06/28/2019

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 1880

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 1 x 1

Interior Spaces

  • 2,532 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Scuttle Attic Hole

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 60
  • Assessor Parcel Number 041200-094-072-0005-060-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,949

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 73000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 1
  • Lot Dimension Front: 1
  • Lot Information: Neighborhood Street
  • Lot Number: 60
  • Nearest Cross Street: GREEN
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 65144.93
  • Ratio Close Price By Sq Ft: 35.51
  • Ratio List Price By Acres: 67318.84
  • Ratio List Price By Sq Ft: 36.69
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1886
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 60113
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: GREEN STREET TO SOUTH 4TH STREET
  • Unit: 30
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2532

Exterior Features

  • Construction: Wood
  • Number of Acres: 1.3800

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Available
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-072-0005-060-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3949

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Panther Development Llc
Bought by
Rmjb Property Llc
Total Days on Market
13
Current Estimated Value
$148,143

Purchase Details

Listed on
Jun 28, 2019
Closed on
Mar 19, 2020
Sold by
Jones Bruce
Bought by
Panther Development Llc
Seller's Agent
Mary Karst
Howard Hanna Professionals
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$92,900
Sold Price
$89,900
Premium/Discount to List
-$3,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$554,175
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2007
Sold by
Mcpeak Estate Joan
Bought by
Jones Bruce

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
Rmjb Property Llc -- None Available
Panther Development Llc $89,900 None Available
Panther Development Llc $89,900 None Available
Jones Bruce $25,000 Nicholas Dicerbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panther Development Llc $554,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $89,900 -3.2% $36 / Sq Ft
10/21/2019 10/21/19 For Sale $92,900 0.0% $37 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $92,900 -- $37 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,635 $73,000 $16,500 $56,500
2023 $2,748 $73,000 $16,500 $56,500
2022 $2,788 $73,000 $16,500 $56,500
2021 $2,869 $73,000 $16,500 $56,500
2020 $2,889 $73,000 $16,500 $56,500
2019 $1,096 $73,000 $16,500 $56,500
2018 $3,938 $73,000 $16,500 $56,500
2017 $2,959 $73,000 $16,500 $56,500
2016 $2,927 $73,000 $16,500 $56,500
2015 -- $73,000 $16,500 $56,500
2014 -- $73,000 $16,500 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1205942

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-072-0005-060-000-0000