NOT LISTED FOR SALE

615 W Sullivan St Olean, NY 14760

Estimated Value: $114,000 - $154,000

8 Beds
2 Baths
3,002 Sq Ft
$45/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2014

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

Est. 483% increase in value since last sale

Current estimated payment $1,028 / 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

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 12, 2014
Sold by
Carter Estate Roland N
Bought by
Dougherty Kevin M
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
$134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,000
Avg. Annual Appreciation
16.21%
Original Mortgage
$18,400
Outstanding Balance
$14,019
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$119,981
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
Dougherty Kevin M $23,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Kevin M $18,400
Source: Public Records

Property History

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

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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