Seller's Agent in 2025
Regis Handley
Howard Hanna
(716) 307-9256
223 Total Sales
Estimated Value: $104,000 - $137,000
5
Beds
3
Baths
2,470
Sq Ft
$49/Sq Ft
Est. Value
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
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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
May 9, 2025
Sold by
Bought by
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
$6,632
Avg. Annual Appreciation
5.18%
Purchase Details
Closed on
Mar 24, 2020
Sold by
Bought by
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
New Conventional
Purchase Details
Closed on
Mar 12, 2020
Sold by
Bought by
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
New Conventional
Purchase Details
Closed on
Dec 19, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $115,000 | None Available | ||
| $56,000 | None Available | ||
| $56,000 | None Available | ||
| -- | Richard Miller |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $46,000 | ||
| Previous Owner | $46,000 |
Source: Public Records
Property 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 | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,429 | $36,600 | $3,800 | $32,800 |
| 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
337 Total Sales
Map
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1588590
APN: 041200-094-072-0003-007-000-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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