NOT LISTED FOR SALE

706 Irving St Olean, NY 14760

Estimated Value: $72,367 - $140,000

6 Beds
2 Baths
2,720 Sq Ft
$37/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2014

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

Est. 171% increase in value since last sale

Current estimated payment $703 / mo

177 Days on Market

Highlights

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

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 50x162
  • Rectangular Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 1 Parking Space
  • No Garage
  • Unpaved Driveway

Schools

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

Utilities

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

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 041200-094-072-0003-034-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1925
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: 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.
  • Architectural Style: Duplex
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage, One Space, Unpaved

Utilities

  • Heating: Gas, Baseboard, Space Heater
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 041200-094-072-0003-034-000-0000
  • Lot Dimensions: 50X162
  • 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: 2743.0

MLS Schools

  • Elementary School: Washington West Elementary

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
$101,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,092
Avg. Annual Appreciation
8.40%

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
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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
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 List to Sale Price per Sq Ft
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

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
2025 $1,919 $50,000 $4,500 $45,500
2024 $3,161 $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

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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

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