NOT LISTED FOR SALE

660 Garden Ave Olean, NY 14760

Estimated Value: $67,000 - $96,000

3 Beds
2 Baths
1,312 Sq Ft
$61/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $65,000 $50 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $590/month

27 Days on Market

Highlights

  • Forced Air Heating System
  • 1 Car Garage
  • Wood Siding
  • Ceiling Fan
  • High Speed Internet
  • Carpet

About This Home

As of March 2024

Discover an exceptional income-producing investment in the heart of East Olean at 660 Garden Ave. This maintained 2-unit home comes complete with a garage, a charming small backyard, and one unit already rented at $500 per month (no utilities included), with the second unit poised to bring in an estimated $750 per month. With thoughtfully designed interiors, proximity to local amenities, and a strong potential for cash flow, this property is an enticing opportunity for both seasoned investors and newcomers to the real estate market. Don't miss your chance to secure this prime income-generating gem in East Olean. Act now to capitalize on this promising investment.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 12/12/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Tina Perkins

Listing by EXP-Premier Listings Team License #10401371041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1894

Lot Details

  • 4,688 Sq Ft Lot
  • Lot Dimensions are 37x125

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partial Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 15
  • Assessor Parcel Number 041200-094-066-0004-015-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,769

Year Built

Built in 1894

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1894
  • Attribution Contact: 716-378-7039
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Route 417 turn onto Orchard Ave, turn onto Garden, the property is on the right
  • Architectural Style: Duplex
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1076
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

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

Lot Info

  • Parcel Number: 041200-094-066-0004-015-000-0000
  • Lot Dimensions: 37X125
  • Lot Size Sq Ft: 4688.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 1769.0
  • Tax Lot: 15

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 28, 2024
Sold by
Pikulski Christopher M and Pikulski Daniel P
Bought by
Oh Daekyun and Park Youngmi
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Tina Perkins
EXP-Premier Listings Team
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Views
84
Current Estimated Value
$79,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,576
Avg. Annual Appreciation
11.97%
Original Mortgage
$52,000
Outstanding Balance
$51,145
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$28,431

Purchase Details

Closed on
Jan 23, 1998
Sold by
Fiegl Heather M
Bought by
Pikulski Christopherm and Pikulski Daniel P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Oh Daekyun $65,000 None Available
Oh Daekyun $65,000 None Available
Pikulski Christopherm $37,000 --
Pikulski Christopherm $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Daekyun $52,000
Closed Oh Daekyun $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $65,000 -7.0% $50 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/12/2023 12/12/23 For Sale $69,900 -- $53 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $2,068 $32,700 $4,000 $28,700
2023 $1,231 $32,700 $4,000 $28,700
2022 $1,249 $32,700 $4,000 $28,700
2021 $1,285 $32,700 $4,000 $28,700
2020 $1,294 $32,700 $4,000 $28,700
2019 $491 $32,700 $4,000 $28,700
2018 $1,764 $32,700 $4,000 $28,700
2017 $1,325 $32,700 $4,000 $28,700
2016 $1,311 $32,700 $4,000 $28,700
2015 -- $32,700 $4,000 $28,700
2014 -- $32,700 $4,000 $28,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1512950

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-066-0004-015-000-0000