NOT LISTED FOR SALE

632 Garden Ave Olean, NY 14760

-- Bed
-- Bath
3,840 Sq Ft
436 Sq Ft Lot

Last Sold September 26, 2022

Last sale price $65,000 $17 Per Sq Ft

1 Day on Market

Highlights

  • Property is near bus stop
  • High Speed Internet
  • Vinyl Flooring
  • Baseboard Heating

About This Home

As of September 2022

4-Unit Income Property in Good condition. All 4 Have separate Utility Meters. 3 are 2 Bedrooms, 1 is a 1 Bedroom. Owners have become very busy and run out of time to give them, so they are selling. Rent's are pretty low currently...2 are Occupied at $450 each including water up to $50/month. (1 Bed lease expired 1/15/2022, 2 Bedroom expires 5/31/2022) The 2 Bedrooms should all be collecting $650/month since they include water and the 1 Bed is in great shape, so I would think $550 minimum. 2 of the 4 Apartments have been updated. One of the vacant 2 Bedrooms will need minor cosmetics - flooring, paint.

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399 Listed on: 01/30/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 125 x 38

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Driveway
  • On-Street Parking

Location

  • Property is near bus stop

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Tax Lot 8
  • Assessor Parcel Number 041200-094-066-0004-008-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 72000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 125
  • Lot Dimension Front: 38
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 8
  • Nearest Cross Street: Front
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 6500000.00
  • Ratio Close Price By Sq Ft: 16.93
  • Ratio List Price By Acres: 7990000.00
  • Ratio List Price By Sq Ft: 20.81
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • School Tax: 1911
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 436
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: Turn from Front Street onto Garden Ave. House is on the first block on the right.
  • Sq Ft Total Pub: 3840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some, Vinyl-Some
  • Total Sq Ft: 3840

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0100

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: No Driveway, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water, Wall Furnace
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-066-0004-008-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3939

MLS Schools

  • School District Name: Olean
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $65,000 -18.6% $17 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $79,900 -- $21 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $4,552 $72,000 $7,600 $64,400
2023 $2,711 $72,000 $7,600 $64,400
2022 $2,750 $72,000 $7,600 $64,400
2021 $2,829 $72,000 $7,600 $64,400
2020 $4,916 $72,000 $7,600 $64,400
2019 $1,912 $72,000 $7,600 $64,400
2018 $6,045 $72,000 $7,600 $64,400
2017 $2,918 $72,000 $7,600 $64,400
2016 $2,887 $72,000 $7,600 $64,400
2015 -- $72,000 $7,600 $64,400
2014 -- $72,000 $7,600 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1386968

Chautauqua-Cattaraugus Board of REALTORS®