NOT LISTED FOR SALE

612 Washington St Olean, NY 14760

Estimated Value: $81,000 - $118,190

3 Beds
2 Baths
1,952 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $72,500 $37 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $589/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Partially Fenced Property
  • Patio
  • Ceiling Fan
  • 3-minute walk to Oak Hill Park

About This Home

As of June 2024

Great 2 unit income property with separate utilities. Upper unit has 1 bedroom 1 bath with spacious living room and eat in kitchen. Unit comes with all the appliances including the new washer and dryer. Has a newly installed furnace (2022). Full bath with tiled shower/tub combo. Downstairs unit has 2 nice sized bedrooms, laundry room, kitchen with all the appliances included. New cabinets and countertops, flooring, drop ceiling. New furnace in 2023. Located right across from Oak Hill Park with shops close by.

Last Agent to Sell the Property

Kelly Patrone

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-353-3222 License #30PA0967867 Listed on: 03/26/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 1910

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Partially Fenced Property

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,952 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partial Basement
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 42
  • Assessor Parcel Number 041200-094-064-0004-042-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,056

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1910
  • Attribution Contact: 716-353-3222
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: West State to Washington. House is between 5th and 6th.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Laminate, Tile, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1377
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Fence, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Driveway, On Street

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: 041200-094-064-0004-042-000-0000
  • Lot Dimensions: 50X120
  • Lot Size Sq Ft: 6000.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 3056.0
  • Tax Lot: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
May 24, 2024
Sold by
Phillips Alyssa
Bought by
Liliang Llc
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$79,900
Sold Price
$72,500
Premium/Discount to List
-$7,400
-9.26%
Views
32
Current Estimated Value
$94,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,048
Avg. Annual Appreciation
19.09%

Purchase Details

Closed on
Jun 7, 2013
Sold by
Blazejewski Justin Matthew
Bought by
Polock Llc

Purchase Details

Listed on
May 10, 2012
Closed on
Aug 17, 2012
Sold by
Robbins Karen
Bought by
Blazejewski Justin Matthew
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
Buyer's Agent
Dennis Jones
No Office Affiliation
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$22,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
Taylor Charles
Bought by
Robbins Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Liliang Llc $72,500 None Available
Polock Llc -- Daniel R. Palumbo
Polock Llc -- Daniel R. Palumbo
Blazejewski Justin Matthew $61,000 Daniel Palumbo
Blazejewski Justin Matthew $61,000 Daniel Palumbo
Robbins Karen $54,000 Ward Westerberg
Robbins Karen $54,000 Ward Westerberg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blazejewski Justin Matthew $22,000
Previous Owner Robbins Karen $53,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $72,500 -9.3% $37 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $79,900 +36.6% $41 / Sq Ft
06/02/2021 06/02/21 Sold $58,500 -2.3% $30 / Sq Ft View Prior Sale
02/26/2021 02/26/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $59,900 -1.8% $31 / Sq Ft
08/20/2012 08/20/12 Sold $61,000 -12.7% $31 / Sq Ft View Prior Sale
06/18/2012 06/18/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $69,900 -- $36 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,572 $56,500 $4,200 $52,300
2023 $2,127 $56,500 $4,200 $52,300
2022 $2,158 $56,500 $4,200 $52,300
2021 $2,220 $56,500 $4,200 $52,300
2020 $2,236 $56,500 $4,200 $52,300
2019 $2,125 $56,500 $4,200 $52,300
2018 $4,071 $56,500 $4,200 $52,300
2017 $2,290 $56,500 $4,200 $52,300
2016 $2,265 $56,500 $4,200 $52,300
2015 -- $56,500 $4,200 $52,300
2014 -- $56,500 $4,200 $52,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1528377

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0004-042-000-0000