NOT LISTED FOR SALE

611 W Sullivan St Olean, NY 14760

Estimated Value: $76,000 - $111,000

4 Beds
2 Baths
2,476 Sq Ft
$38/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $31,000 $13 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $597/month

22 Days on Market

Highlights

  • Wood Flooring
  • Full Attic
  • Forced Air Cooling System

About This Home

As of April 2012

VERY NICE TWO STORY, TWO UNIT PROPERTY HAVING 2 BEDROOMS EACH UNIT - SEPARATE UTILITIES - FULL ATTIC - FULL BASEMENT - LAUNDRY FACILITIES EACH UNIT - TIN CEILINGS - HARDWOOD FLOORS - OPEN FRONT PORCH AND OPEN BACK PORCH -12 YEAR OLD ROOF HAS 30 YEAR GUARANTEE

Last Agent to Sell the Property

Dennis Jones

Listing by No Office Affiliation License #37JO0862466 Listed on: 01/26/2012

Last Buyer's Agent

Kelly Ralston

Listing by KLM Appraisal Services License #45000036822

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 106 x 50

Parking

  • No Garage

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-064-0004-006-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Age: 102
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 51500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 106
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 325000.0000
  • List Price per Sq Ft: 15.7512
  • Nearest Cross Street: North Sixth Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 258333.33
  • Ratio Close Price By Sq Ft: 12.52
  • Ratio List Price By Acres: 325000.00
  • Ratio List Price By Sq Ft: 15.75
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1219
  • Sale Price List Price: 0.7948
  • S P Per Acre: 258333.3300
  • S P Per Sq Ft: 12.5201
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 39000.00
  • Year Built Description: Existing
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: North Union Street onto West Sullivan - proceed to Sixth Block of West Sullivan
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Freestanding, Range Hood-Exhaust Fan
  • Number of Rooms: 10
  • Total Sq Ft: 2476

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1200

Garage/Parking

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

Utilities

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

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-064-0004-006-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2621

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Anderson Jess
Bought by
Lochl An Key Llc
Current Estimated Value
$93,402

Purchase Details

Listed on
Jan 26, 2012
Closed on
Apr 4, 2012
Sold by
Grant Terrance
Bought by
Anderson Jess
Seller's Agent
Dennis Jones
No Office Affiliation
Buyer's Agent
Kelly Ralston
KLM Appraisal Services
List Price
$39,000
Sold Price
$31,000
Premium/Discount to List
-$8,000
-20.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Lochl An Key Llc $80,000 None Available
Anderson Jess $31,000 Daniel Palumbo
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $31,000 -20.5% $13 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $39,000 -- $16 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

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 $1,238 $32,800 $3,800 $29,000
2023 $1,235 $32,800 $3,800 $29,000
2022 $1,253 $32,800 $3,800 $29,000
2021 $418 $32,800 $3,800 $29,000
2020 $1,432 $33,600 $3,800 $29,800
2019 $1,432 $33,600 $3,800 $29,800
2018 $1,362 $33,600 $3,800 $29,800
2017 $1,362 $33,600 $3,800 $29,800
2016 $1,347 $33,600 $3,800 $29,800
2015 -- $33,600 $3,800 $29,800
2014 -- $33,600 $3,800 $29,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B401030

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-006-000-0000