Seller's Agent in 2025
Regis Handley
Howard Hanna
(716) 307-9256
120 in this area
215 Total Sales
4
Beds
2
Baths
2,205
Sq Ft
10,860
Sq Ft Lot
Highlights
- Forced Air Heating System
- Rectangular Lot
- Vinyl Flooring
About This Home
As of March 2025Fantastic investment opportunity in Olean, NY! This side-by-side 2-unit property offers a practical and appealing layout, perfect for investors or owner-occupants seeking rental income. Each unit features a welcoming first floor with a living room, kitchen, and dining room, creating a comfortable and functional living space. Upstairs, you’ll find two well-sized bedrooms and a full bathroom in each apartment, offering privacy and convenience for tenants or occupants. The property boasts a good-sized yard, ideal for outdoor enjoyment or entertaining, and a charming front deck to enhance curb appeal. Off-street parking adds a valuable convenience for tenants or guests. Whether you're looking to add to your portfolio or take the first step into real estate investing, this property is an excellent choice with its desirable location and practical amenities. Don’t miss your chance to own this versatile and promising property!
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 11/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,024
Year Built
- Built in 1910
Lot Details
- 10,860 Sq Ft Lot
- Lot Dimensions are 60x181
- Rectangular Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,205 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes water
- Tax Lot 17
- Assessor Parcel Number 041200-094-072-0004-017-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2024
Closed on
Mar 14, 2025
Sold by
D & A Development Llc
Bought by
Liliang Llc
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$79,900
Sold Price
$76,000
Premium/Discount to List
-$3,900
-4.88%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,864
Avg. Annual Appreciation
3.47%
Purchase Details
Closed on
Jan 8, 2024
Sold by
Odell Edward J
Bought by
D & A Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 25, 2001
Sold by
Clute Russell and Clute Nancy
Bought by
Odell Edward
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $76,000 | None Available | |
| Warranty Deed | $50,000 | None Available | |
| Deed | $37,000 | Thomas Rickert | |
| Deed | $37,000 | Thomas Rickert |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $52,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $76,000 | -4.9% | $34 / Sq Ft |
| 11/22/2024 11/22/24 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | For Sale | $79,900 | -- | $36 / Sq Ft |
Source: Chautauqua-Cattaraugus Board of REALTORS®
Tax History Compared to Growth
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 | $2,403 | $38,000 | $5,200 | $32,800 |
| 2023 | $1,431 | $38,000 | $5,200 | $32,800 |
| 2022 | $1,451 | $38,000 | $5,200 | $32,800 |
| 2021 | $1,493 | $38,000 | $5,200 | $32,800 |
| 2020 | $1,504 | $38,000 | $5,200 | $32,800 |
| 2019 | $992 | $38,000 | $5,200 | $32,800 |
| 2018 | $1,485 | $38,000 | $5,200 | $32,800 |
| 2017 | $1,540 | $38,000 | $5,200 | $32,800 |
| 2016 | $1,523 | $38,000 | $5,200 | $32,800 |
| 2015 | -- | $38,000 | $5,200 | $32,800 |
| 2014 | -- | $38,000 | $5,200 | $32,800 |
Source: Public Records
Agents Affiliated with this Home
-
Regis Handley
-
Karen Callahan
Buyer's Agent in 2025
Karen Callahan
RE/MAX
(716) 244-7878
89 in this area
111 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1577970
APN: 041200-094-072-0004-017-000-0000
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