$84,000
SOLD JUL 2, 2014

412 Laurens St Unit 14 Olean, NY 14760

-- Bed
-- Bath
4,369 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

7% Below List Price

36 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • Heating System Uses Gas
  • Ceiling Fan
  • Rectangular Lot
  • Electric Fireplace

About This Home

As of March 2019

This centrally located three unit property is a couple blocks from downtown and is next to a public park and church. This is a great starter property with a beautiful large first floor apartment. The apartment has a wonderful four season sun room with plenty of windows. This apartment also has an attached garage. The other two apartments are income producing to help with the mortgage. Call for more details.

Last Agent to Sell the Property

Dennis Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10491207167 Listed on: 04/16/2014

Howard Hanna Professionals - Olean

Last Buyer's Agent

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals - Olean License #40FI1153618

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 111 x 75
  • Rectangular Lot

Home Design

  • Block Foundation

Interior Spaces

  • 4,369 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Drapes & Rods
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Garage
  • Garage Door Opener
  • Driveway

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes heat, hot water, lawn maintenance, snow removal, water
  • Assessor Parcel Number 041200-094-065-0001-044-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Age: 124
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 92000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 111
  • Lot Dimension Front: 75
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 473157.8900
  • List Price per Sq Ft: 20.5767
  • Nearest Cross Street: North Fourth Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 442105.26
  • Ratio Close Price By Sq Ft: 19.23
  • Ratio List Price By Acres: 473157.89
  • Ratio List Price By Sq Ft: 20.58
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Heat, Hot Water, Lawn Maintenance, Snow Removal, Water
  • School Tax: 2270
  • Sale Price List Price: 0.9343
  • S P Per Acre: 442105.2600
  • S P Per Sq Ft: 19.2300
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 89900.00
  • Year Built Description: Existing
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: On Laurens Street before Fourth Street.
  • Unit: 14
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Drapes - Some
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Dishwasher, Dryer, Oven/Range Built-In-Some, Oven/Range Electric-Some, Range Hood-Exhaust Fan, Washer
  • Number of Fireplaces Artificial: 1
  • Number of Fireplaces Total Calculated: 1
  • Number of Rooms: 16
  • Total Sq Ft: 4369

Exterior Features

  • Construction: Aluminum/Steel, Wood
  • Additional Exterior Features: Cable TV Available, Garage Door Opener, High Speed Internet
  • Number of Acres: 0.1900

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 1.5000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-065-0001-044-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 4756

MLS Schools

  • Elementary School Name: Washington West Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • 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
Firkel Ltd
Current Estimated Value
$145,548

Purchase Details

Listed on
Nov 29, 2018
Closed on
Mar 12, 2019
Sold by
Fitzpatrick Sean M
Bought by
Panther Dev Llc
Seller's Agent
Sean Fitzpatrick
Howard Hanna Lake Group
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$105,000
Sold Price
$96,000
Premium/Discount to List
-$9,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$230,000
Interest Rate
4.4%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Listed on
Nov 29, 2018
Closed on
Mar 8, 2019
Sold by
Fitzpatrick Sean M
Bought by
Panther Dev Llc
Seller's Agent
Sean Fitzpatrick
Howard Hanna Lake Group
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$105,000
Sold Price
$96,000
Premium/Discount to List
-$9,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.4%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jul 1, 2014
Sold by
Duggan Mel J
Bought by
Fitzpatrick Sean M
Seller's Agent
Dennis Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%

Purchase Details

Closed on
Nov 30, 2010
Sold by
Yorke Judith
Bought by
Yorke Revocable Trust Judith
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $70,000 None Available
Deed $96,000 None Available
Deed $96,000 None Available
Deed $84,000 Gregory Shemeld
Interfamily Deed Transfer -- Kameron Brooks
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,387,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $230,000 Undefined Multiple Amounts
Previous Owner $230,000 Undefined Multiple Amounts
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $96,000 -8.6% $22 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $105,000 +25.0% $24 / Sq Ft
07/02/2014 07/02/14 Sold $84,000 -6.6% $19 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $89,900 -- $21 / 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 $7,768 $92,000 $5,000 $87,000
2023 $3,464 $92,000 $5,000 $87,000
2022 $3,514 $92,000 $5,000 $87,000
2021 $3,615 $92,000 $5,000 $87,000
2020 $3,640 $92,000 $5,000 $87,000
2019 $1,381 $92,000 $5,000 $87,000
2018 $4,992 $92,000 $5,000 $87,000
2017 $3,729 $92,000 $5,000 $87,000
2016 $3,688 $92,000 $5,000 $87,000
2015 -- $92,000 $5,000 $87,000
2014 -- $92,000 $5,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B449420

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-065-0001-044-000-0000