NOT LISTED FOR SALE

706 Irving St Olean, NY 14760

Estimated Value: $71,758 - $147,000

6 Beds
2 Baths
2,720 Sq Ft
$38/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $37,500 $14 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $715/month

177 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Rectangular Lot
  • Full Attic
  • Space Heater

About This Home

As of January 2014

This large attractive side by side 2 family home has a longterm tenant occupying 1 apt. while the vacant apt. just needs a little tlc and a new furnace to make it ready for a new owner to live in or rent out to make money. Don't just drive by this one as it needs to be seen to be appreciated.

Last Agent to Sell the Property

Ron Wolf

Listing by Real Estate Pros & More License #30WO0580127 Listed on: 04/03/2013

Last Buyer's Agent

Nathan Archer

Listing by No Office Affiliation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 162 x 50
  • Rectangular Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Parking

  • No Garage
  • Dirt Driveway

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Multiple Heating Units
  • Space Heater
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes no utilities
  • Assessor Parcel Number 041200-094-072-0003-034-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Age: 88
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 57000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 162
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Shape: Rectangular
  • L P Per Acre: 231052.6300
  • List Price per Sq Ft: 16.1397
  • Nearest Cross Street: 7th Street South
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 197368.42
  • Ratio Close Price By Sq Ft: 13.79
  • Ratio List Price By Acres: 231052.63
  • Ratio List Price By Sq Ft: 16.14
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 1201
  • Sale Price List Price: 0.8542
  • S P Per Acre: 197368.4200
  • S P Per Sq Ft: 13.7900
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit, Side by Side
  • Type of Sale: Normal
  • Value Range Search Low Price: 43900.00
  • Year Built Description: Existing
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: From west state street turn onto south 7th. street and go 2 blocks to Irving street. Turn left to the property on the left. Watch for sign.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Attic Description: Full, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 12
  • Total Sq Ft: 2720

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1900

Garage/Parking

  • Garage Description: No Garage
  • Number of Electric Meters: 2
  • Parking Driveway: 1 Space, Dirt

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some, Space Heater
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean
  • Elementary School: Washington West Elementary
  • Middle School: Olean Middle
  • High School: Olean Senior High

Lot Info

  • Parcel Number: 041200-094-072-0003-034-000-0000

Rental Info

  • Certificate of Occupancy: Supplied
  • Type of Tenancy: Month to Month

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2743

MLS Schools

  • Elementary School Name: Washington West Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Dec 20, 2013
Sold by
Borden Jesse J
Bought by
Hillman Colston
Seller's Agent
Ron Wolf
Real Estate Pros & More
Buyer's Agent
Nathan Archer
No Office Affiliation
List Price
$43,900
Sold Price
$37,500
Premium/Discount to List
-$6,400
-14.58%
Current Estimated Value
$103,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,690
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Fichtner Enterprises Inc
Bought by
Borden Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,802
Interest Rate
5.25%
Mortgage Type
FHA
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
Hillman Colston -- Wendy Tuttle
Borden Jesse $36,464 Rupp, Baase, Pfalzgraf
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borden Jesse $35,802
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2014 01/03/14 Sold $37,500 -14.6% $14 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $43,900 -- $16 / 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 $1,888 $50,000 $4,500 $45,500
2023 $1,882 $50,000 $4,500 $45,500
2022 $1,910 $50,000 $4,500 $45,500
2021 $1,965 $50,000 $4,500 $45,500
2020 $1,978 $50,000 $4,500 $45,500
2019 $832 $50,000 $4,500 $45,500
2018 $2,056 $50,000 $4,500 $45,500
2017 $1,351 $50,000 $4,500 $45,500
2016 $1,311 $50,000 $4,500 $45,500
2015 -- $50,000 $4,500 $45,500
2014 -- $50,000 $4,500 $45,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: B426676

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-072-0003-034-000-0000