NOT LISTED FOR SALE

430 2nd Ave Olean, NY 14760

Estimated Value: $59,322 - $112,000

5 Beds
3 Baths
2,136 Sq Ft
$39/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $32,500 $15 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $639/month

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Heating System Uses Gas

About This Home

As of September 2019

Centrally located duplex in need of love!

Last Listed By

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 09/11/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 130 x 50

Parking

  • 2 Car Garage

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Utilities

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

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 56
  • Assessor Parcel Number 041200-094-050-0002-056-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 34000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 56
  • Nearest Cross Street: Front Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 217828.42
  • Ratio Close Price By Sq Ft: 15.22
  • Ratio List Price By Acres: 241286.86
  • Ratio List Price By Sq Ft: 16.85
  • Regional Board Code: Buffalo
  • Rent Includes: All Utilities
  • School Tax: 878
  • Sub Board Code: Buffalo
  • Type of Sale: Estate
  • Year Built Description: Existing
  • Lot Sq Ft: 6500
  • Age of Building: 123
  • Year Built: 1900
  • Directions To Property: Front St to Second Ave. House is on the right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2136

Exterior Features

  • Construction: Composition
  • Number of Acres: 0.1492

Garage/Parking

  • Number of Electric Meters: 1
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-050-0002-056-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1867

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Sep 20, 2019
Sold by
Forrest Edward F Est
Bought by
Meyers Bruce and Meyers Jennifer L
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$36,000
Sold Price
$32,500
Premium/Discount to List
-$3,500
-9.72%
Total Days on Market
0
Current Estimated Value
$82,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,331
Avg. Annual Appreciation
10.84%
Original Mortgage
$26,000
Outstanding Balance
$13,410
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$44,673

Purchase Details

Listed on
Sep 11, 2019
Closed on
Sep 3, 2019
Sold by
Cattaraugus County Of
Bought by
Forrest Edwrad F and Forrest Dorothy A
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$36,000
Sold Price
$32,500
Premium/Discount to List
-$3,500
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Outstanding Balance
$13,410
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$44,673

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 301 Coleman St, Olean, NY 14760

    $79,900

    • 4 Beds
    • 3 Baths
    • 2,764 Sq Ft
    • 301 Coleman St
    • Olean, NY

    Prime Investment Opportunity in North Olean!Nestled in the heart of North Olean, this 3-unit property offers incredible potential for investors or owner-occupiers. Located just around the corner from Olean Intermediate Middle School and a short stroll to Downtown Olean, this property provides convenience and accessibility in a highly desirable area.Each unit features separate

    Paul Pezzimenti Howard Hanna Professionals

    Section Image
  • Unlisted Address

    $79,900

    • 4 Beds
    • 2 Baths
    • 1,738 Sq Ft

    Great investment property two family home . set up a viewing today.

    John Dwaileebe Howard Hanna Professionals

    Section Image
  • 123 Fulton St, Olean, NY 14760

    $79,900

    • 4 Beds
    • 2 Baths
    • 2,432 Sq Ft
    • 123 Fulton St
    • Olean, NY

    Check out this two family income property.

    John Dwaileebe Howard Hanna Professionals

    Section Image
  • 108 N 4th St, Olean, NY 14760

    $87,900

    • 4 Beds
    • 2 Baths
    • 2,388 Sq Ft
    • 108 N 4th St
    • Olean, NY

    Excellent investment opportunity or perfect for owner-occupancy! This well-maintained 2,388 sq ft two-unit property is ideally located near downtown Olean, offering easy access to shopping, dining, schools, parks, and other local amenities. Each unit features 2 bedrooms, 1 full bathroom, spacious living and dining areas, and separate utilities for tenant convenience. On-street parking is

    Regis Handley Howard Hanna Professionals

    Section Image
  • 116 E Green St, Olean, NY 14760

    $94,900

    • 3 Beds
    • 2 Baths
    • 2,052 Sq Ft
    • 116 E Green St
    • Olean, NY

    This is a fantastic investment opportunity! This well-maintained duplex offers two units with great potential. The downstairs unit is a spacious 2-bedroom, 1-bath, while the upper unit is a cozy 1-bedroom, 1-bath. Both units feature brand new stoves, refrigerators, and washer/dryer units for convenience. The property has seen numerous updates over the years, including renovated kitchens and

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image
  • 1015 Washington St, Olean, NY 14760

    $89,900

    • 4 Beds
    • 2 Baths
    • 1,988 Sq Ft
    • 1015 Washington St
    • Olean, NY

    Turnkey investment opportunity in the City of Olean. This upper/lower duplex is fully rented and ready for new ownership. The lower unit is currently leased at $750 per month to a local company that covers all utilities for the tenant. The lease includes a 60-day eviction clause, offering flexibility for future use. This property has been well maintained, with one side of the roof

    Paul Pezzimenti Howard Hanna Professionals

    Section Image

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
Meyers Bruce $32,500 --
Forrest Edwrad F $6,718 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyers Bruce $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $32,500 -9.7% $15 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $36,000 -- $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 $2,159 $34,000 $5,100 $28,900
2023 $1,280 $34,000 $5,100 $28,900
2022 $1,299 $34,000 $5,100 $28,900
2021 $1,336 $34,000 $5,100 $28,900
2020 $1,278 $34,000 $5,100 $28,900
2019 $454 $34,000 $5,100 $28,900
2018 $884 $34,000 $5,100 $28,900
2017 $464 $34,000 $5,100 $28,900
2016 $455 $34,000 $5,100 $28,900
2015 -- $34,000 $5,100 $28,900
2014 -- $34,000 $5,100 $28,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1224231

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0002-056-000-0000