NOT LISTED FOR SALE

827 Bishop St Olean, NY 14760

Estimated Value: $87,613 - $111,000

3 Beds
2 Baths
1,904 Sq Ft
$54/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $88,000 $46 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $653/month

5 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Property is near a bus stop
  • Balcony
  • Forced Air Cooling System
  • High Speed Internet

About This Home

As of May 2022

Excellent Opportunity for you! Live in one apartment, rent the other one out to pay your mortgage & taxes!! Cute as a button curb appeal, this home can also be converted into a single family. The yard is large and the seller is a gardening enthusiast, as she has many different flowers & trees that are beautiful in the seasons other than this one!!! This home has a New Roof on House & Garage, New Walls & Windows Upstairs, New Furnace Downstairs, The Shed has Electric in it and so much more!

Last Agent to Sell the Property

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 03/01/2022

Last Buyer's Agent

Claudia Attard-Keary

Listing by Premier Listings Real Estate License #40AT1023399 Listed on: 03/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1880

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 150 x 70
  • Partially Fenced Property

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Parking

  • 1 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 8
  • Assessor Parcel Number 041200-094-067-0006-008-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $8,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,461

Year Built

Built in 1880

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 45000
  • Foundation Description: Block, Poured
  • Gross Annual Income: 8100
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 150
  • Lot Dimension Front: 70
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 8
  • Nearest Cross Street: King St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 365145.23
  • Ratio Close Price By Sq Ft: 46.22
  • Ratio List Price By Acres: 352697.10
  • Ratio List Price By Sq Ft: 44.64
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • Roof Description: Asphalt
  • School Tax: 1194
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 10500
  • Age of Building: 142
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1904
  • Directions To Property: From West State St turn onto King St. It is a left off of King St. A few houses on the right.
  • Sq Ft Total Pub: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Total Sq Ft: 1904

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Balcony, Cable TV Available, Garage Door Opener, High Speed Internet, Partially Fenced Yard, Thermal Windows - Some
  • Number of Acres: 0.2410

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 1 Space

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air, Wall Furnace
  • 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: 041200-094-067-0006-008-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2461

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 19, 2022
Sold by
Walker Theresa I
Bought by
Lampack Gregory K
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$85,000
Sold Price
$88,000
Premium/Discount to List
$3,000
3.53%
Current Estimated Value
$92,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,694
Avg. Annual Appreciation
3.33%
Original Mortgage
$90,024
Outstanding Balance
$86,128
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$11,641

Purchase Details

Listed on
Jun 19, 2012
Closed on
Aug 5, 2013
Sold by
Palmquist Kryn
Bought by
Walker Theresa
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Claudia Attard-Keary
Premier Listings Real Estate
List Price
$59,900
Sold Price
$41,000
Premium/Discount to List
-$18,900
-31.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$32,800
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2008
Sold by
Palmquist Carl
Bought by
Palmquist Kryn

Purchase Details

Closed on
May 16, 2008
Sold by
Banfield Bruce
Bought by
Palmquist Kryn

Purchase Details

Closed on
Apr 6, 2004
Sold by
Banfield Dorothea
Bought by
Banfield L
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 Buyer Sale Price Title Company
Lampack Gregory K $88,000 None Available
Walker Theresa $41,000 Daniel Palumbo
Palmquist Kryn -- --
Palmquist Kryn $37,000 Gregory Shemeld
Banfield L -- Jay D Carr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampack Gregory K $90,024
Previous Owner Walker Theresa I $37,600
Previous Owner Walker Theresa $32,800
Previous Owner Palmquist Carl A $41,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $88,000 +3.5% $46 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $85,000 +107.3% $45 / Sq Ft
08/05/2013 08/05/13 Sold $41,000 -31.6% $22 / Sq Ft
06/01/2013 06/01/13 Pending -- -- --
06/19/2012 06/19/12 For Sale $59,900 -- $31 / 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 $1,699 $45,000 $6,400 $38,600
2023 $1,694 $45,000 $6,400 $38,600
2022 $1,719 $45,000 $6,400 $38,600
2021 $1,768 $45,000 $6,400 $38,600
2020 $337 $45,000 $6,400 $38,600
2019 $507 $45,000 $6,400 $38,600
2018 $1,010 $45,000 $6,400 $38,600
2017 $577 $45,000 $6,400 $38,600
2016 $709 $45,000 $6,400 $38,600
2015 -- $45,000 $6,400 $38,600
2014 -- $45,000 $6,400 $38,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1390624

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-067-0006-008-000-0000