NOT LISTED FOR SALE

6507 Olean Rd South Wales, NY 14139

Estimated Value: $133,000 - $371,000

4 Beds
3 Baths
2,072 Sq Ft
$104/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $79,900 $39 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,369/month

76 Days on Market

Highlights

  • Corner Lot
  • 2 Car Garage
  • Wood Siding
  • Baseboard Heating
  • Space Heater
  • Carpet

About This Home

As of August 2020

Attention handy people and investors!This home is a diamond in the rough waiting for someone to bring this house back to life.The large apartment has 3 plus bedrooms and two full baths and has a two story floor plan.This unit has a first floor laundry .Some newer windows.The back upper apartment needs total remodel.This home also comes with an oversized two car detached garage and huge barn.The garage is currently rented out .The barn would be perfect for storage,hobbies,etc.The house sits on large corner lot.This could be an awesome home with some elbow grease and effort and would be a great moneymaker. Awesome price!

Last Agent to Sell the Property

Kathleen Peglau

Listing by Century 21 North East License #30PE0723479 Listed on: 03/06/2020

Century 21 North East

Last Buyer's Agent

Kathleen Peglau

Listing by Century 21 North East License #30PE0723479 Listed on: 03/06/2020

Century 21 North East

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1878

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 103x308
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2,072 Sq Ft Home
  • 2-Story Property
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 1
  • Assessor Parcel Number 146600-201-200-0002-001-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1878

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1878
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Corner Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Route 16 is Olean Road near the 400
  • Architectural Style: Duplex
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: None
  • Basement YN: No
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.7283
  • Waterfront: No
  • Construction Type: Shake Siding, Wood Siding
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard, Space Heater
  • HeatingYN: Yes
  • Utilities: Cable Available
  • Water Source: Well

Schools

  • Junior High Dist: Holland

Lot Info

  • Parcel Number: 146600-201-200-0002-001-000
  • Lot Dimensions: 103X308
  • Lot Size Sq Ft: 31724.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Ludtka Lori A
Bought by
Krautsack Randall L
Current Estimated Value
$215,667

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jul 31, 2020
Sold by
Van Guys Investors Llc
Bought by
Krautsack Randall L and Ludtka Lori A
Seller's Agent
Kathleen Peglau
Century 21 North East
Buyer's Agent
Kathleen Peglau
Century 21 North East
List Price
$99,900
Sold Price
$79,900
Premium/Discount to List
-$20,000
-20.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%

Purchase Details

Listed on
Mar 1, 2017
Closed on
Aug 8, 2017
Sold by
Nuwer Donald F
Bought by
Cvan Guys Inveetment
Seller's Agent
Gordon Trank
Trank Real Estate
Buyer's Agent
Gordon Trank
Trank Real Estate
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.72%

Purchase Details

Closed on
Jun 16, 1994
Sold by
Wisniewski David and Wisniewski Joyce
Bought by
Nuwer Donald F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Krautsack Randall L -- None Available
Krautsack Randall L $79,900 Stewart Title Insurance Co
Cvan Guys Inveetment $120,000 None Available
Nuwer Donald F $89,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $79,900 0.0% $39 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $79,900 -5.9% $39 / Sq Ft
04/12/2020 04/12/20 Price Changed $84,900 -15.0% $41 / Sq Ft
03/06/2020 03/06/20 For Sale $99,900 -16.8% $48 / Sq Ft
08/08/2017 08/08/17 Sold $120,000 -7.0% $58 / Sq Ft View Prior Sale
04/12/2017 04/12/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $129,000 -4.4% $62 / Sq Ft
07/26/2016 07/26/16 Sold $135,000 -2.9% $65 / Sq Ft View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
03/19/2015 03/19/15 For Sale $139,000 -- $67 / 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
2024 $2,696 $77,300 $8,600 $68,700
2023 $2,792 $77,300 $8,600 $68,700
2022 $4,587 $77,300 $8,600 $68,700
2021 $4,558 $77,300 $8,600 $68,700
2020 $4,335 $76,700 $8,600 $68,100
2019 $4,425 $76,700 $8,600 $68,100
2018 $4,376 $76,700 $8,600 $68,100
2017 $2,468 $76,700 $8,600 $68,100
2016 $4,473 $76,700 $8,600 $68,100
2015 -- $76,700 $8,600 $68,100
2014 -- $76,700 $8,600 $68,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kathleen Peglau

    Century 21 North East

    (716) 983-9910

    140 Total Sales

    Kathleen Peglau
    Section Image
  • Gordon Trank

    Seller's Agent in 2017

    Gordon Trank

    Trank Real Estate

    (716) 861-2927

    5 in this area

    40 Total Sales

    Gordon Trank
    Section Image
  • J. Gerard Green

    Buyer's Agent in 2016

    J. Gerard Green

    RE/MAX

    (716) 866-8307

    56 Total Sales

    J. Gerard Green
    Section Image
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Map

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

MLS Number: B1255393

Western New York Real Estate Information Services (WNYREIS)

APN: 146600-201-200-0002-001-000

New York Erie County South Wales 14139

6507 Olean Rd, South Wales, NY

Not Listed for Sale

MultiFamily

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