$96,000
SOLD MAR 8, 2019

412 Laurens St Unit 14 Olean, NY 14760

-- Bed
-- Bath
4,369 Sq Ft
8,325 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

9% Below List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Wood Burning Fireplace
  • Woodwork

About This Home

As of March 2019

well maintained Multi-Family (3 unit) in desirable Olean neighborhood with good rental history. Walking distance to downtown shopping and Oak Hill Park. Perfect opportunity for owner to occupy > large 1st floor residence and pay most expenses with monthly rental income from 2 upstairs apartments. Recent updates/improvements include new steam boiler (2015), 3 new water heaters (2015 and 2018), new front porch rubber roof (2017), new vinyl replacement windows in 1BR apartment (2015). Monthly gas bill $208.86 on budget. Owner is listing agent

Last Agent to Sell the Property

Sean Fitzpatrick

Listing by Howard Hanna Lake Group License #10401322350 Listed on: 11/29/2018

Howard Hanna Lake Group

Last Buyer's Agent

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,052

Year Built

  • Built in 1890

Lot Details

  • 8,325 Sq Ft Lot
  • Lot Dimensions are 111 x 75

Home Design

  • Stone Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 4,369 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Partial Basement
  • Scuttle Attic Hole

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Stone Driveway

Schools

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

Utilities

  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes heat, lawn maintenance
  • Tax Lot 44
  • 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

Est. Annual Taxes

$5,052

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 92000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 111
  • Lot Dimension Front: 75
  • Lot Information: Neighborhood Street
  • Lot Number: 44
  • Nearest Cross Street: 4th
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 502354.79
  • Ratio Close Price By Sq Ft: 21.97
  • Ratio List Price By Acres: 549450.55
  • Ratio List Price By Sq Ft: 24.03
  • Regional Board Code: Rochester
  • Rent Includes: Heat, Lawn Maintenance
  • School Tax: 2376
  • Sub Board Code: Rochester
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8325
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: North 4th Street to stop sign. Make right hand turn. 412 Laurens is 2nd house on left side of Laurens Street
  • Unit: 14
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some, Laundry- Separate Hook ups- Some, Natural Woodwork - some, Pex Plumbing- Some
  • Attic Description: Scuttle Access
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Resilient-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Electric, Dishwasher, Refrigerator
  • Number of Fireplaces Total Calculated: 1
  • Number of Fireplaces Woodburning: 1
  • Total Sq Ft: 4369

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Garage Door Opener
  • Number of Acres: 0.1911

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Parking Area, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Steam
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Separate Utilities: Electricity, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, 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: 5052

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: Upstate New York Real Estate Information Services (UNYREIS)

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: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1160684

Upstate New York Real Estate Information Services (UNYREIS)

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