NOT LISTED FOR SALE

753 Bishop St Olean, NY 14760

Estimated Value: $76,722 - $199,000

6 Beds
2 Baths
2,167 Sq Ft
$62/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2020

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

Est. 85% increase in value since last sale

Current estimated payment $838 / mo

139 Days on Market

Highlights

  • Main Floor Bedroom
  • Forced Air Heating System
  • Carpet
  • Corner Lot

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 50x150
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • Main Floor Bedroom
  • 2,167 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Assessor Parcel Number 041200-094-067-0006-001-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 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

7,500 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1890
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Corner Lot
  • Directions: Take front St. to Seneca and then turn right onto Queen. Corner of Queen and Bishop.
  • Architectural Style: Duplex
  • Flooring: Carpet, Varies, Vinyl
  • Interior Features: Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.1722
  • Waterfront: No
  • Construction Type: Frame
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-067-0006-001-000-0000
  • Lot Dimensions: 50X150
  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2128.0
  • Tax Lot: 1

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
$133,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,431
Avg. Annual Appreciation
12.03%

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
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $1,497 $39,000 $5,200 $33,800
2024 $2,466 $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

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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

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