NOT LISTED FOR SALE

6501 Olean Rd South Wales, NY 14139

Estimated Value: $254,000 - $297,017

4 Beds
3 Baths
2,004 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $240,000 $120 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,685/month

12 Days on Market

Highlights

  • Partial Attic
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of June 2022

3 apartment house with newer roof on large lot with ample parking. Great Investment opportunity or live in one unit and rent the other 2 units to help with the payments! Great location only 1 mile from Route 400. Owner requests all showings will be on SUNDAYS from 1-3 PM only.

Last Agent to Sell the Property

Gordon Trank

Listing by Trank Real Estate License #31TR0841286 Listed on: 03/28/2022

Last Buyer's Agent

Becky Stubenbord

Listing by Chubb-Aubrey Leonard Real Estate License #30ST1071548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 1900

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 291 x 74
  • Corner Lot
  • Rectangular Lot

Interior Spaces

  • 2,004 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes no utilities, snow removal
  • Tax Lot 25
  • Assessor Parcel Number 146600-201-160-0002-025-000

Community Details

Overview

  • 3 Units
  • Holland Land Companys Sur Community
  • Holland Land Companys Sur Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,294

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Wales-146600
  • Total Assessed Value: 58900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 291
  • Lot Dimension Front: 74
  • Lot Information: Corner Lot
  • Lot Number: 25
  • Lot Shape: Rectangular
  • Nearest Cross Street: Depot Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 320000.00
  • Ratio Close Price By Sq Ft: 119.76
  • Ratio List Price By Acres: 333333.33
  • Ratio List Price By Sq Ft: 124.75
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities, Snow Removal
  • School Tax: 1639
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 32670
  • Age of Building: 122
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2004
  • Directions To Property: Located on the north east Corner of Olean and Depot Road.
  • Sq Ft Total Pub: 2004
  • Subdivision Comm Complex: Holland Land Companys Sur
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Attic Description: Partial, Stair Access
  • Basement Description: Partial
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2004

Exterior Features

  • Construction: Shake Shingle
  • Number of Acres: 0.7500

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Septic
  • Water Heater Fuel: Gas

Schools

  • School District: Holland

Lot Info

  • Parcel Number: 146600-201-160-0002-025-000

Rental Info

  • Certificate of Occupancy: Not Required, Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3294

MLS Schools

  • School District Name: Holland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 20, 2022
Sold by
Dodge Laura J and Petersen Laura J
Bought by
Martin Todd D
Seller's Agent
Gordon Trank
Trank Real Estate
Buyer's Agent
Becky Stubenbord
Chubb-Aubrey Leonard Real Estate
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$275,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,478
Avg. Annual Appreciation
4.42%
Original Mortgage
$180,000
Outstanding Balance
$172,252
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$102,999
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martin Todd D $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Todd D $180,000
Previous Owner Dodge Laura $70,000
Previous Owner Petersen Laura J $7,599
Previous Owner Petersen Laura J $56,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $240,000 -4.0% $120 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $250,000 -- $125 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 -- $58,900 $6,400 $52,500
2023 $2,128 $58,900 $6,400 $52,500
2022 $3,637 $58,900 $6,400 $52,500
2021 $3,615 $58,900 $6,400 $52,500
2020 $3,462 $58,900 $6,400 $52,500
2019 $3,516 $58,900 $6,400 $52,500
2018 $3,485 $58,900 $6,400 $52,500
2017 $1,896 $58,900 $6,400 $52,500
2016 $3,556 $58,900 $6,400 $52,500
2015 -- $58,900 $6,400 $52,500
2014 -- $58,900 $6,400 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B1394717

Western New York Real Estate Information Services (WNYREIS)

APN: 146600-201-160-0002-025-000