NOT LISTED FOR SALE

615 W Sullivan St Olean, NY 14760

Estimated Value: $101,000 - $128,000

8 Beds
2 Baths
3,002 Sq Ft
$37/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2014

Last sale price $23,000 $8 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $712 / mo

16 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Baseboard Heating
  • Attic
  • Corner Lot
  • 1 Car Garage

About This Home

As of August 2014

Spacious 2 unit home, live in the 4 bedroom and rent the other to pay your bills.

Last Agent to Sell the Property

Kelly Ralston

Listing by KLM Appraisal Services License #45000036822 Listed on: 05/08/2014

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 56x106
  • Corner Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 3,002 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Schools

  • Olean Senior High School

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 041200-094-064-0004-005-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1910
  • Lot Features: Corner Lot, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Sullivan to the Corner of Sullivan and Sixth
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Linoleum, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Attic
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Fireplaces: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Hot Water, Space Heater
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-064-0004-005-000-0000
  • Lot Dimensions: 56X106
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2742.0

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
May 8, 2014
Closed on
Aug 12, 2014
Sold by
Bought by
Seller's Agent
Kelly Ralston
KLM Appraisal Services
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$24,900
Sold Price
$23,000
Premium/Discount to List
-$1,900
-7.63%
Current Estimated Value
$111,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,333
Avg. Annual Appreciation
14.25%
Original Mortgage
$18,400
Outstanding Balance
$14,019
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$97,314
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

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
$23,000 Daniel Palumbo
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
Open $18,400
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
08/18/2014 08/18/14 Sold $23,000 -7.6% $8 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $24,900 -- $8 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $3,751 $43,700 $5,100 $38,600
2024 $2,763 $43,700 $5,100 $38,600
2023 $1,645 $43,700 $5,100 $38,600
2022 $1,650 $43,200 $5,100 $38,100
2021 $1,415 $36,000 $4,100 $31,900
2020 $3,065 $36,000 $4,100 $31,900
2019 $540 $36,000 $4,100 $31,900
2018 $3,558 $36,000 $4,100 $31,900
2017 $3,082 $36,000 $4,100 $31,900
2016 $3,053 $36,000 $4,100 $31,900
2015 -- $36,000 $4,100 $31,900
2014 -- $36,000 $4,100 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B451189

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0004-005-000-0000

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