NOT LISTED FOR SALE

601 W Sullivan St Olean, NY 14760

4 Beds
2 Baths
3,972 Sq Ft
4,792 Sq Ft Lot

Last Sold November 30, 2015

Last sale price $85,000 $21 Per Sq Ft

727 Days on Market

About This Home

As of November 2015

Get two properties for the price of one. The Vintage Victorian features 2 units with 2 bedrooms and 1 full bath each plus full kitchens and living rooms. Built in 1900 with a beautiful wrap-around porch plus 2 off-street parking spaces. The 3rd unit is a spacious 3 bedroom 1 full bath home. These properties are close to downtown in a family neighborhood. Consideration would be given to selling the properties separately.

Last Agent to Sell the Property

Darcy Branch

Listing by No Office Affiliation License #40BR0766111 Listed on: 08/21/2013

Last Buyer's Agent

John Skadowski

Listing by Howard Hanna Professionals - Olean License #40SK1093971

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 85 x 55
  • Irregular Lot

Parking

  • No Garage

Interior Spaces

  • 3,972 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Cooktop
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Rent includes heat, water
  • Assessor Parcel Number 041200-094-064-0004-009-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Age: 113
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 102000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 85
  • Lot Dimension Front: 55
  • Lot Information: Neighborhood Street
  • Lot Shape: Irregular
  • L P Per Acre: 818181.8200
  • List Price per Sq Ft: 22.6586
  • Nearest Cross Street: Fifth Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 772727.27
  • Ratio Close Price By Sq Ft: 21.40
  • Ratio List Price By Acres: 818181.82
  • Ratio List Price By Sq Ft: 22.66
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: Heat, Water
  • School Tax: 2574
  • Sale Price List Price: 0.9444
  • S P Per Acre: 772727.2700
  • S P Per Sq Ft: 21.4000
  • Sub Board Code: Buffalo
  • Type of Residence: 1 Lot - Multi Structures
  • Type of Sale: Normal
  • Value Range Search Low Price: 90000.00
  • Year Built Description: Existing
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: North Union Street to West Sullivan - The 2 unit dwelling is on the corner of Sullivan and Fifth - The single family home is located at 229 North Fifth
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Basement Description: Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Cooktop - Gas, Dryer, Range Hood-Exhaust Fan, Washer
  • Number of Rooms: 20
  • Total Sq Ft: 3972

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1100

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-064-0004-009-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5388

MLS Schools

  • School District Name: Olean
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $85,000 -10.5% $21 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
08/21/2013 08/21/13 For Sale $95,000 -- $24 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $5,167 $90,000 $5,800 $84,200
2024 $5,167 $90,000 $5,800 $84,200
2023 $2,804 $90,000 $5,800 $84,200
2022 $2,821 $90,000 $5,800 $84,200
2021 $3,537 $90,000 $5,800 $84,200
2020 $624 $90,000 $5,800 $84,200
2019 $549 $90,000 $5,800 $84,200
2018 $1,209 $90,000 $5,800 $84,200
2017 $661 $90,000 $5,800 $84,200
2016 $3,608 $90,000 $5,800 $84,200
2015 -- $90,000 $5,800 $84,200
2014 -- $102,000 $5,800 $96,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B437276

Western New York Real Estate Information Services (WNYREIS)

APN: 041200 94.064-4-9

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