***VIDEO WALKTHROUGH AVAILABLE AT https://youtu.be/YU8KQ786lZU *** Come and check out this newly remodeled duplex on the intersection of Prospect Ave and Front Street. An extensive amount of work was completed on this competitively priced duplex. With three bedrooms and a walk-in closet on one side, and a two-bedroom on the other. This property offers good income, but also has a great opportunity for a buyer who wants to live on one side and rent the other side. Call for a showing today!
Listing by Howard Hanna ProfessionalsLicense #10301215129Listed on: 07/11/2018
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,879
Year Built
Built in 1890
Lot Details
0.27 Acre Lot
Lot Dimensions are 148 x 78
Parking
Dirt Driveway
Interior Spaces
2,520 Sq Ft Home
2-Story Property
Basement Fills Entire Space Under The House
Flooring
Wood
Wall to Wall Carpet
Tile
Vinyl
Utilities
Forced Air Cooling System
Multiple Heating Units
Heating System Uses Gas
Gas Water Heater
Listing and Financial Details
Rent includes no utilities
Tax Lot 5
Assessor Parcel Number 041200-094-058-0001-005-000-0000
Community Details
Overview
2 Units
Building Details
2 Separate Electric Meters
2 Separate Gas Meters
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,879
Year Built
Built in 1890
Lot Details
0
Listing Details
NY Swis Code: Olean-City-041200
Total Assessed Value: 52000
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 148
Lot Dimension Front: 78
Lot Information: Neighborhood Street
Lot Number: 5
Nearest Cross Street: Prospect
Number of Stories: 2.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 266691.70
Ratio Close Price By Sq Ft: 28.18
Ratio List Price By Acres: 262485.92
Ratio List Price By Sq Ft: 27.74
Regional Board Code: Rochester
Rent Includes: No Utilities
School Tax: 1368
Sub Board Code: Chautauqua-Cattaraugus
Type of Sale: Normal
Year Built Description: Existing
Lot Sq Ft: 11598
Age of Building: 132
Year Built: 1890
Directions To Property: East state to Front
Special Features: None
Property Sub Type: MultiFamily
Stories: 2
Year Built: 1890
Interior Features
Attic Description: Crawl Space
Basement Description: Full
Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
Kitchen Appliances Included: Negotiable
Total Sq Ft: 2520
Exterior Features
Construction: Shake Shingle, Wood
Number of Acres: 0.2663
Garage/Parking
Number of Electric Meters: 2
Parking Driveway: Dirt
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: Electric, Gas
Schools
School District: Olean
Lot Info
Parcel Number: 041200-094-058-0001-005-000-0000
Rental Info
Certificate of Occupancy: Not Required
Multi Family
Total Number Of Apartments: 2
Tax Info
Total Taxes: 2879
MLS Schools
School District Name: Olean
Ownership History
DateNameOwned ForOwner Type
Sep 2018 - PresentStanton Tegan6 Years and 8 Months
Private Individual
Purchase Details
Listed on
Jul 11, 2018
Closed on
Sep 25, 2018
Sold by
Dove Properties Inc
Bought by
Stanton Tegan
Seller's Agent
Regis Handley
Howard Hanna Professionals
Buyer's Agent
Regis Handley
Howard Hanna Professionals
List Price
$69,900
Sold Price
$71,020
Premium/Discount to List
$1,120
1.6%
Total Days on Market
21
Current Estimated Value
$140,034
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,014
Avg. Annual Appreciation
6.95%
Original Mortgage
$69,733
Interest Rate
4.5%
Mortgage Type
FHA
Sep 2018 - Sep 2018Stanton TeganLess than a month
Private Individual
Purchase Details
Listed on
Jul 11, 2018
Closed on
Sep 24, 2018
Sold by
Dove Properties Inc
Bought by
Stanton Tegan
Seller's Agent
Regis Handley
Howard Hanna Professionals
Buyer's Agent
Regis Handley
Howard Hanna Professionals
List Price
$69,900
Sold Price
$71,020
Premium/Discount to List
$1,120
1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,733
Interest Rate
4.5%
Mortgage Type
FHA
Sep 2018 - Sep 2018Stanton Richard and Stanton TeganLess than a month
Private Individual
Purchase Details
Listed on
Jul 11, 2018
Closed on
Sep 5, 2018
Sold by
Dove Properties Inc
Bought by
Stanton Richard and Stanton Tegan
Seller's Agent
Regis Handley
Howard Hanna Professionals
Buyer's Agent
Regis Handley
Howard Hanna Professionals
List Price
$69,900
Sold Price
$71,020
Premium/Discount to List
$1,120
1.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,733
Interest Rate
4.5%
Mortgage Type
FHA
Dec 2005 - Sep 2018Dove Properties12 Years and 9 Months
Company
Purchase Details
Closed on
Dec 13, 2005
Sold by
Wenke Paul
Bought by
Dove Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.34%
Mortgage Type
Unknown
Nov 2004 - Dec 2005Wenke Paul1 Year and 1 Month
Private Individual
Purchase Details
Closed on
Nov 9, 2004
Sold by
Wenke Paul
Bought by
Wenke Paul
Aug 2001 - Nov 2004Wenke Paul and Wenke Geraldine3 Years and 3 Months
Private Individual
Purchase Details
Closed on
Aug 10, 2001
Sold by
Wenke Paul and Wenke Geraldine
Bought by
Wenke Paul and Wenke Geraldine
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 615 Front St Unit 17, Olean, NY 14760 since 11 July 2018 and is currently estimated at $140,034, approximately $55 per square foot. This property was built in 1890. 615 Front St Unit 17 is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.
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