NOT LISTED FOR SALE

801 W State St Olean, NY 14760

-- Bed
-- Bath
5,378 Sq Ft
4,825 Sq Ft Lot Lot

Sale Details

Date Sold: January 10, 2019

Last sale price $90,000 $17 Per Sq Ft

16 Days on Market

Highlights

  • Property fronts a channel
  • Baseboard Heating
  • Partially Fenced Property
  • Wood Flooring
  • 1 Car Garage
  • 4-minute walk to Oak Hill Park

About This Home

As of January 2019

AMAZING INVESTMENT OPPORTUNITY!!! This listing includes 2 properties 501 West State has a 3 spacious 3 bedroom apartment upstairs and an apartment on the first floor that could be 1 or 2 bedrooms depending how you use the office/retail space. This was previously used as a chiropractic office but the possibilities are endless! Also included in this sale is 508 West State Street a 3 bedroom house currently with tenant in residence. There are no interior pictures yet of 508 but they are coming! New roof and furnace on 508 and many upgrades and improvements in 501 as well. Make an appointment today to see if this is just what you have been looking for!

Last Agent to Sell the Property

Patricia Collier

Listing by RE/MAX On Point License #10401295212 Listed on: 09/05/2018

RE/MAX On Point

Last Buyer's Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean License #10301215129

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 4,825 Sq Ft Lot
  • Lot Dimensions are 66x72
  • Property fronts a channel
  • Partially Fenced Property
  • Irregular Lot

Parking

  • 1 Car Garage

Home Design

  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 5,378 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

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

Community Details

  • 4 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes heat, water
  • Tax Lot 8
  • Assessor Parcel Number 041200-094-064-0012-008-000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

4,825 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Heat, Water
  • Year Built: 1965
  • Lot Features: Irregular Lot, Other, See Remarks
  • Directions: West state street, located on southwest corner of 7th st intersection
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Basement: Partial
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1108
  • Waterfront Features: Channel, Other, See Remarks
  • Waterfront: No
  • Construction Type: Aluminum Siding, Other, Steel Siding, See Remarks, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Two or More Spaces

Utilities

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

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0012-008-000-0000
  • Lot Dimensions: 66X72
  • Lot Size Sq Ft: 4825.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 4958.0
  • Tax Lot: 8
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $90,000 -18.1% $17 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $109,900 -- $20 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,691 $90,000 $8,900 $81,100
2023 $3,388 $90,000 $8,900 $81,100
2022 $3,437 $90,000 $8,900 $81,100
2021 $3,537 $90,000 $8,900 $81,100
2020 $3,299 $90,000 $8,900 $81,100
2019 $1,051 $70,000 $8,900 $61,100
2018 $3,776 $70,000 $8,900 $61,100
2017 $2,837 $70,000 $8,900 $61,100
2016 $2,806 $70,000 $8,900 $61,100
2015 -- $70,000 $8,900 $61,100
2014 -- $70,000 $8,900 $61,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1146076

Western New York Real Estate Information Services (WNYREIS)
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