NOT LISTED FOR SALE

753 Bishop St Olean, NY 14760

Estimated Value: $104,727 - $137,000

6 Beds
2 Baths
2,167 Sq Ft
$53/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $72,000 $33 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $733/month

139 Days on Market

Highlights

  • Corner Lot
  • Accessible Bedroom
  • Wall to Wall Carpet
  • Forced Air Cooling System

About This Home

As of December 2020

vacant easy to show. lots of updates, roof, windows, siding, electric, furnaces.

Last Agent to Sell the Property

Carol Thomas

Listing by Howard Hanna Professionals - Ellicottville License #30TH0755390 Listed on: 05/22/2020

Howard Hanna Professionals - Ellicottville

Last Buyer's Agent

Ken Bailey

Listing by Real Estate Pros & More License #10371200907

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,128

Year Built

  • Built in 1890

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 150 x 50
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,167 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Accessible Home Design

  • Accessible Bedroom

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 1
  • Assessor Parcel Number 041200-094-067-0006-001-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,128

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Accessibility: Entry Level Bedroom
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 39000
  • Foundation Description: Stone
  • Gross Annual Income: 16800
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 50
  • Lot Information: Corner Lot
  • Lot Number: 1
  • Nearest Cross Street: Queen
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 418118.47
  • Ratio Close Price By Sq Ft: 33.23
  • Ratio List Price By Acres: 522648.08
  • Ratio List Price By Sq Ft: 41.53
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • Roof Description: Shingles
  • School Tax: 1026
  • Sub Board Code: Buffalo
  • Type of Residence: 1 Lot - Multi Structures, 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7500
  • Ad Headline: Great 2 family income apt
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Take front St. to Seneca and then turn right onto Queen. Corner of Queen and Bishop.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Laundry- Separate Hook ups- Some
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2167

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1722

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-067-0006-001-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2128

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Nov 18, 2020
Sold by
Lounsbury John A and Lounsbury Linore E
Bought by
Bennett Rex G
Seller's Agent
Carol Thomas
Howard Hanna Professionals - Ellicottville
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$99,900
Sold Price
$72,000
Premium/Discount to List
-$27,900
-27.93%
Current Estimated Value
$115,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,182
Avg. Annual Appreciation
9.97%

Purchase Details

Listed on
May 22, 2020
Closed on
Nov 9, 2020
Sold by
Dh T
Bought by
Wilber Evan and Hayman Kristyn
Seller's Agent
Carol Thomas
Howard Hanna Professionals - Ellicottville
Buyer's Agent
Ken Bailey
Real Estate Pros & More
List Price
$99,900
Sold Price
$72,000
Premium/Discount to List
-$27,900
-27.93%

Purchase Details

Listed on
May 11, 2015
Closed on
Aug 5, 2015
Sold by
Speroni Peter M
Bought by
Lounsbury John A and Lounsbury Lounsbury
Seller's Agent
James Dwaileebe
3D Real Estate LLC
Buyer's Agent
Beth Ann Hilyer
No Office Affiliation
List Price
$54,900
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$43,900
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1997
Sold by
Cousins Charles E and Cousins Wanda
Bought by
Speroni Peter M and Speroni Wendy A
Source: Public Records

Range of Values:

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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
Bennett Rex G $72,000 None Available
Wilber Evan $150,000 None Available
Lounsbury John A $54,900 Gregory E. Shemeld
Speroni Peter M $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lounsbury John A $43,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $72,000 -20.0% $33 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
06/27/2020 06/27/20 Price Changed $90,000 -9.9% $42 / Sq Ft
05/22/2020 05/22/20 For Sale $99,900 +82.0% $46 / Sq Ft
08/13/2015 08/13/15 Sold $54,900 0.0% $25 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $54,900 -- $25 / 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 $1,472 $39,000 $5,200 $33,800
2023 $1,468 $39,000 $5,200 $33,800
2022 $1,489 $39,000 $5,200 $33,800
2021 $1,533 $39,000 $5,200 $33,800
2020 $1,543 $39,000 $5,200 $33,800
2019 $585 $39,000 $5,200 $33,800
2018 $2,104 $39,000 $5,200 $33,800
2015 -- $39,000 $5,200 $33,800
2014 -- $39,000 $5,200 $33,800
Source: Public Records

Agents Affiliated with this Home

  • Carol Thomas

    Seller's Agent in 2020

    Carol Thomas

    Howard Hanna Professionals - Ellicottville

    (716) 698-0115

    20 in this area

    58 Total Sales

    Carol Thomas
    Section Image
  • Ken Bailey

    Buyer's Agent in 2020

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    63 in this area

    142 Total Sales

    Ken Bailey
    Section Image
  • James Dwaileebe

    Seller's Agent in 2015

    James Dwaileebe

    3D Real Estate LLC

    (716) 307-2300

    7 in this area

    13 Total Sales

    James Dwaileebe
    Section Image

  • B

    Buyer's Agent in 2015

    Beth Ann Hilyer

    No Office Affiliation

See All Agents

Map

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

MLS Number: B1265048

Western New York Real Estate Information Services (WNYREIS)

APN: 041200 94.067-6-1 01

New York Cattaraugus County Olean 14760

753 Bishop St, Olean, NY

This home is located at 753 Bishop St, Olean, NY 14760 since 22 May 2020 and is currently estimated at $115,182, approximately $53 per square foot. This property was built in 1890. 753 Bishop St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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