NOT LISTED FOR SALE

815 Washington St Olean, NY 14760

Estimated Value: $107,000 - $139,000

4 Beds
2 Baths
2,098 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $74,000 $35 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $774/month

30 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Baseboard Heating
  • Partial Attic
  • Forced Air Cooling System

About This Home

As of December 2018

Duplex - Move right in and rent the other. Both units have been remodeled with new kitchens. Amazingly landscaped property on a corner lot. Maintenance Free with newer roof, windows, and vinyl siding. Rare find - call today to schedule an appointment.

Last Agent to Sell the Property

Ken Bailey

Listing by Real Estate Pros & More License #10371200907 Listed on: 08/01/2018

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1910

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 100 x 48
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,098 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes garage
  • Tax Lot 1
  • Assessor Parcel Number 041200-094-064-0008-001-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,380

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 61000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 48
  • Lot Information: Corner Lot
  • Lot Number: 1
  • Nearest Cross Street: North 8th
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 671506.35
  • Ratio Close Price By Sq Ft: 35.27
  • Ratio List Price By Acres: 725045.37
  • Ratio List Price By Sq Ft: 38.08
  • Regional Board Code: Rochester
  • Rent Includes: Garage
  • School Tax: 1605
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4800
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: Corner North 8th & Washington Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2098

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1102

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: Blacktop, Garage

Utilities

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

Lot Info

  • Parcel Number: 041200-094-064-0008-001-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3380

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jan 3, 2019
Sold by
Waltos Matthew T
Bought by
Welcomb Home Properties and Welcomb Home Llc
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%
Current Estimated Value
$123,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,763
Avg. Annual Appreciation
7.62%
Original Mortgage
$59,200
Outstanding Balance
$49,567
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$74,196

Purchase Details

Listed on
Aug 1, 2018
Closed on
Dec 28, 2018
Sold by
Waltos Matthew T
Bought by
Welcomb Home Properties and Welcomb Home Llc
Seller's Agent
Ken Bailey
Real Estate Pros & More
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$79,900
Sold Price
$74,000
Premium/Discount to List
-$5,900
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Outstanding Balance
$49,567
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$74,196

Purchase Details

Closed on
Jun 30, 2009
Sold by
Kelly Thomas
Bought by
Waltos Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,840
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
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
Welcomb Home Properties $74,000 None Available
Welcomb Home Properties $74,000 None Available
Waltos Matthew $64,000 Daniel Palumbo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welcomb Home Properties $59,200
Closed Welcomb Home Properties $59,200
Previous Owner Waltos Matthew $62,840
Previous Owner Welcomb Home Properties $38,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $74,000 -7.4% $35 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $79,900 -- $38 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $3,857 $61,000 $3,600 $57,400
2023 $2,297 $61,000 $3,600 $57,400
2022 $2,330 $61,000 $3,600 $57,400
2021 $2,397 $61,000 $3,600 $57,400
2020 $2,414 $61,000 $3,600 $57,400
2019 $916 $61,000 $3,600 $57,400
2018 $3,043 $61,000 $3,600 $57,400
2017 $1,796 $61,000 $3,600 $57,400
2016 $1,752 $61,000 $3,600 $57,400
2015 -- $61,000 $3,600 $57,400
2014 -- $61,000 $3,600 $57,400
Source: Public Records

Agents Affiliated with this Home

  • Ken Bailey

    Seller's Agent in 2018

    Ken Bailey

    Real Estate Pros & More

    (716) 307-6960

    62 in this area

    141 Total Sales

    Ken Bailey
    Section Image
  • Paul Pezzimenti

    Buyer's Agent in 2018

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    193 in this area

    333 Total Sales

    Paul Pezzimenti
    Section Image
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1138120

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-064-0008-001-000-0000

New York Cattaraugus County Olean 14760

815 Washington St, Olean, NY

Not Listed for Sale

MultiFamily

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