Seller's Agent in 2025
Regis Handley
Howard Hanna
(716) 307-9256
121 in this area
218 Total Sales
5
Beds
3
Baths
2,470
Sq Ft
6,013
Sq Ft Lot
Highlights
- Wood Flooring
- Forced Air Heating System
- Rectangular Lot
About This Home
As of May 2025Check out this fantastic investment opportunity – a well-maintained three-unit property in West Olean, offering strong rental potential! Unit 1 is a cozy efficiency apartment featuring one bedroom, one bathroom, and a charming front porch, perfect for relaxing. Unit 2 is a spacious one-bedroom unit with a separate living room, dining area, and kitchen, highlighted by beautiful hardwood floors and the convenience of an in-unit washer and dryer. The top-floor Unit 3 boasts three bedrooms, hardwood floors throughout, a full bathroom, and washer/dryer hookups, making it a great option for larger tenants. Off-street parking is available from Irving Street, with space for three or more vehicles in the back. Conveniently located near parks, schools, shopping, and dining, this property is a great opportunity for both investors and owner-occupants. Whether you're looking to expand your rental portfolio or live in one unit while renting out the others, this West Olean triplex is a must-see!
Last Agent to Sell the Property
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 02/12/2025
Last Buyer's Agent
Listing by Howard Hanna Professionals - Olean License #10301214758
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,958
Year Built
- Built in 1900
Lot Details
- 6,013 Sq Ft Lot
- Lot Dimensions are 37x162
- Rectangular Lot
Parking
- Gravel Driveway
Home Design
- Siding
Interior Spaces
- 2,470 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 3 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Rent includes water
- Tax Lot 7
- Assessor Parcel Number 041200-094-072-0003-007-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
May 9, 2025
Sold by
Anderson Jess J
Bought by
Crawford John J and Crawford Rachel E
Seller's Agent
Regis Handley
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Views
19
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
$1,675
Avg. Annual Appreciation
2.09%
Purchase Details
Closed on
Mar 24, 2020
Sold by
Miller Anita H Balles and Miller Anita H
Bought by
Anderson Jess J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 12, 2020
Sold by
Miller Anita H Balles and Miller Anita H
Bought by
Anderson Jess J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 19, 2003
Sold by
Miller Richard
Bought by
Miller Anita
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 | $115,000 | None Available | |
| Deed | $56,000 | None Available | |
| Deed | $56,000 | None Available | |
| Interfamily Deed Transfer | -- | Richard Miller |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $46,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $46,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Sold | $115,000 | -11.5% | $47 / Sq Ft |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $129,900 | -- | $53 / 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 | $2,314 | $36,600 | $3,800 | $32,800 |
| 2023 | $1,378 | $36,600 | $3,800 | $32,800 |
| 2022 | $1,398 | $36,600 | $3,800 | $32,800 |
| 2021 | $1,438 | $36,600 | $3,800 | $32,800 |
| 2020 | $2,499 | $36,600 | $3,800 | $32,800 |
| 2019 | $549 | $36,600 | $3,800 | $32,800 |
| 2018 | $1,974 | $36,600 | $3,800 | $32,800 |
| 2017 | $1,483 | $36,600 | $3,800 | $32,800 |
| 2016 | $1,467 | $36,600 | $3,800 | $32,800 |
| 2015 | -- | $36,600 | $3,800 | $32,800 |
| 2014 | -- | $36,600 | $3,800 | $32,800 |
Source: Public Records
Agents Affiliated with this Home
-
Regis Handley
-
Paul Pezzimenti
Buyer's Agent in 2025
Paul Pezzimenti
Howard Hanna
(716) 378-7039
193 in this area
330 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1588590
APN: 041200-094-072-0003-007-000-0000
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