$54,900
SOLD AUG 13, 2015

753 Bishop St Olean, NY 14760

-- Bed
-- Bath
2,167 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

28 Days on Market

About This Home

As of December 2020

This is a great income property. Nice neighborhood, off street parking, great ROI.

Last Agent to Sell the Property

James Dwaileebe

Listing by 3D Real Estate LLC License #10491206584 Listed on: 05/11/2015

Last Buyer's Agent

Beth Ann Hilyer

Listing by No Office Affiliation License #10401229604

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 150 x 50

Parking

  • 1 Car Garage

Interior Spaces

  • 2,167 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Partial Basement

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,081

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Age: 125
  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 39000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • L P Per Acre: 322941.1800
  • List Price per Sq Ft: 25.3345
  • Nearest Cross Street: King St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 322941.18
  • Ratio Close Price By Sq Ft: 25.33
  • Ratio List Price By Acres: 322941.18
  • Ratio List Price By Sq Ft: 25.33
  • Regional Board Code: Buffalo
  • Regional Board Number: 6375
  • Rent Includes: No Utilities
  • School Tax: 985
  • Sale Price List Price: 1.0000
  • S P Per Acre: 322941.1800
  • S P Per Sq Ft: 25.3300
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Value Range Search Low Price: 54900.00
  • Year Built Description: Existing
  • Age of Building: 133
  • Year Built: 1890
  • Directions To Property: E state to King St, left onto Bishop
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Partial
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Number of Rooms: 11
  • Total Sq Ft: 2167

Exterior Features

  • Construction: Concrete Block, Shake Shingle
  • Number of Acres: 0.1700

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Baseboard Heat-Some
  • 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: 2081

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
10.06%

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:

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 Type Sale Price Title Company
Warranty Deed $72,000 None Available
Warranty Deed $150,000 None Available
Deed $54,900 Gregory E. Shemeld
Deed $57,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $43,900 Purchase Money Mortgage
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: B474347

Western New York Real Estate Information Services (WNYREIS)

APN: 041200 94.067-6-1 01