NOT LISTED FOR SALE

533 3rd Ave Olean, NY 14760

Estimated Value: $57,000 - $111,000

4 Beds
3 Baths
2,544 Sq Ft
$31/Sq Ft Est. Value

Sale Details

Date Sold: June 25, 2021

Last sale price $58,000 $23 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $481 / mo

5 Days on Market

Highlights

  • Attic
  • High Speed Internet
  • Wood Siding
  • Space Heater
  • Rectangular Lot
  • Carpet

About This Home

As of June 2021

This three unit dwelling is a great investment in the Boardmanville area. All three units are rented and ready to go. There are two 2 bedroom and one 1 bedroom units. The roofs are newer.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean License #30PA0967867 Listed on: 03/31/2021

Howard Hanna Professionals - Olean

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1890

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Rectangular Lot

Parking

  • Gravel Driveway

Home Design

  • Triplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Attic

Flooring

  • Carpet
  • Vinyl

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 9
  • Assessor Parcel Number 041200-094-050-0001-009-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$926

Year Built

Built in 1890

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On Third Avenue.
  • Architectural Style: Triplex
  • Flooring: Carpet, Varies, Vinyl
  • Interior Features: Attic
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1492
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Gravel, One Space

Utilities

  • Heating: Gas, Gravity, Space Heater
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-050-0001-009-000-0000
  • Lot Dimensions: 50X130
  • Lot Size Sq Ft: 6500.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential Multi Use

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 926.0
  • Tax Lot: 9

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 10, 2021
Sold by
Alanew Llc
Bought by
Russell Rentals Llc
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$59,900
Sold Price
$58,000
Premium/Discount to List
-$1,900
-3.17%
Current Estimated Value
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,000
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Nov 1, 2013
Sold by
Hurd Michele L
Bought by
Alanew Llc

Purchase Details

Closed on
Oct 30, 2012
Sold by
Baader Philip
Bought by
Hurd Michele
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Russell Rentals Llc $88,000 None Available
Alanew Llc $12,000 Daniel Palumbo
Hurd Michele -- Daniel Palumbo
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $58,000 -3.2% $23 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $59,900 -- $24 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $652 $17,000 $5,100 $11,900
2024 $1,075 $17,000 $5,100 $11,900
2023 $640 $17,000 $5,100 $11,900
2022 $649 $17,000 $5,100 $11,900
2021 $668 $17,000 $5,100 $11,900
2020 $673 $17,000 $5,100 $11,900
2019 $286 $17,000 $5,100 $11,900
2018 $917 $17,000 $5,100 $11,900
2017 $689 $17,000 $5,100 $11,900
2016 $682 $17,000 $5,100 $11,900
2015 -- $17,000 $5,100 $11,900
2014 -- $17,000 $5,100 $11,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1326574

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0001-009-000-0000

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