NOT LISTED FOR SALE

801 Bell St Olean, NY 14760

Estimated Value: $128,000 - $135,000

3 Beds
2 Baths
1,844 Sq Ft
$71/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $120,000 $65 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,001/month

289 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • High Speed Internet
  • Forced Air Heating System
  • Baseboard Heating
  • Wood Siding

About This Home

As of September 2024

Welcome to the epitome of East Olean's real estate gem – a fully remodeled duplex standing proudly on the corner of Queen St and Bell Street. This meticulously crafted residence offers a harmonious blend of modern luxury and classic charm, making it an investor's dream or an ideal home for those looking to live smartly through house hacking. With separate entrances for each unit, this duplex ensures privacy and flexibility, allowing you to optimize your living arrangements according to your needs. Nestled in the heart of East Olean, this property doesn't just offer a roof over your head; it presents an incredible opportunity to invest wisely in a high-cash-flowing asset. Don't miss your chance to secure a place where smart living and financial success converge

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 10/07/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Rebecca Laborde

Listing by EXP-Premier Listings Team License #10401331095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1895

Lot Details

  • 7,830 Sq Ft Lot
  • Lot Dimensions are 58x135
  • Corner Lot

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,844 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Gravel Driveway

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 83
  • Assessor Parcel Number 041200-094-059-0005-083-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,346

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1895
  • Attribution Contact: 716-378-7039
  • Lot Features: Corner Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Seneca Ave, turn onto Queen Street, the property is on the corner of Bell and Queen
  • Architectural Style: Duplex
  • Flooring: Carpet, Varies, Vinyl
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1798
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing, PEX Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Gravel, Parking Available

Utilities

  • Heating: Electric, Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, 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: 041200-094-059-0005-083-000-0000
  • Lot Dimensions: 58X135
  • Lot Size Sq Ft: 7830.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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: 2346.0
  • Tax Lot: 83

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Aug 16, 2024
Sold by
Gables Olean Llc
Bought by
Tabone Family Irt and Tabone
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Rebecca Laborde
EXP-Premier Listings Team
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
245
Current Estimated Value
$131,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,835
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Jul 6, 2022
Sold by
Veno Tracy Allen Est
Bought by
Gables Olean Llc

Purchase Details

Closed on
Nov 15, 2000
Sold by
Blakeslee Shane M
Bought by
Blakeslee Gregg L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tabone Family Irt $120,000 None Available
Gables Olean Llc $44,500 None Available
Blakeslee Gregg L $10,900 --
Blakeslee Gregg L $10,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold $120,000 -7.6% $65 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $129,900 +8.3% $70 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/29/2024 03/29/24 Off Market $120,000 -- --
10/07/2023 10/07/23 For Sale $129,900 -- $70 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,794 $60,000 $6,900 $53,100
2023 $2,259 $60,000 $6,900 $53,100
2022 $1,060 $27,750 $6,900 $20,850
2021 $1,090 $27,750 $6,900 $20,850
2020 $1,098 $27,750 $6,900 $20,850
2019 $420 $27,750 $6,900 $20,850
2018 $1,510 $28,000 $6,900 $21,100
2017 $1,135 $28,000 $6,900 $21,100
2016 $1,123 $28,000 $6,900 $21,100
2015 -- $28,000 $6,900 $21,100
2014 -- $28,000 $6,900 $21,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1500331

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-059-0005-083-000-0000