NOT LISTED FOR SALE

607 W Sullivan St Olean, NY 14760

Estimated Value: $67,619 - $113,000

5 Beds
3 Baths
2,346 Sq Ft
$42/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2014

Last sale price $36,000 $15 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $626 / mo

539 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Greenbelt

About This Home

As of May 2014

INVESTORS TAKE NOTICE... Three unit apartment house centrally located just minutes from the Olean High School and downtown, house consists of two two bedroom and a one bedroom apartment, upper has hardwood floors and a enclosed side porch, currently fully rented.

Last Agent to Sell the Property

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 06/22/2012

Howard Hanna Professionals - Olean

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488 Listed on: 06/22/2012

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x106

Home Design

  • Triplex
  • Shake Siding

Interior Spaces

  • 2,346 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Parking

  • No Garage
  • Common or Shared Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 041200-094-064-0004-007-000-0000

Community Details

Overview

  • 2 Units
  • Greenbelt

Building Details

  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • Lot Features: Greenbelt
  • Directions: Turn onto W. Sullivan St. house is located between 5th and 6th St.
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Linoleum, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Gas Oven, Gas Range, Gas Water Heater, Range Hood
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Shake Siding

Garage/Parking

  • Parking Features: Common, No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-007-000-0000
  • Lot Dimensions: 50X106
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2940.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2015
Sold by
Z Anderson Llc
Bought by
Anderson Clar
Current Estimated Value
$99,405

Purchase Details

Listed on
Jun 22, 2012
Closed on
Apr 1, 2014
Sold by
Greenroof Properties Llc
Bought by
Z Anderson Llc
Seller's Agent
Jon Farleo
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$48,000
Sold Price
$36,000
Premium/Discount to List
-$12,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Sep 4, 2008
Sold by
Gardner Calvin
Bought by
Greenroof Properties Llc

Purchase Details

Closed on
Jul 28, 2004
Sold by
Grant Terrance
Bought by
Gardner Cal
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

Date Buyer Sale Price Title Company
Anderson Clar $42,000 --
Z Anderson Llc $35,000 Daniel Palumbo
Greenroof Properties Llc $58,000 --
Gardner Cal $49,000 Carl Vahl
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $36,000 -25.0% $15 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
06/22/2012 06/22/12 For Sale $48,000 -- $20 / 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 $3,667 $58,000 $3,800 $54,200
2024 $3,667 $58,000 $3,800 $54,200
2023 $2,184 $58,000 $3,800 $54,200
2022 $2,215 $58,000 $3,800 $54,200
2021 $2,279 $58,000 $3,800 $54,200
2020 $2,295 $58,000 $3,800 $54,200
2019 $871 $58,000 $3,800 $54,200
2018 $3,129 $58,000 $3,800 $54,200
2017 $2,351 $58,000 $3,800 $54,200
2016 $2,325 $58,000 $3,800 $54,200
2015 -- $58,000 $3,800 $54,200
2014 -- $58,000 $3,800 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B410881

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-007-000-0000

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