NOT LISTED FOR SALE

827 Bishop St Olean, NY 14760

Estimated Value: $94,548 - $118,000

3 Beds
2 Baths
1,904 Sq Ft
$55/Sq Ft Est. Value

Sale Details

Date Sold: May 19, 2022

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

Est. 19% increase in value since last sale

Current estimated payment $705 / mo

5 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • 1 Car Garage
  • Wood Flooring
  • Forced Air Heating 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 EXP-Premier Listings Team License #40AT1023399 Listed on: 03/01/2022

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team 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 70x150
  • Partially Fenced Property

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Aluminum Siding
  • Steel Siding

Interior Spaces

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

Flooring

  • Wood
  • Laminate

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 8
  • Assessor Parcel Number 041200-094-067-0006-008-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 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

10,500 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential
  • Year Built: 1880
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From West State St turn onto King St. It is a left off of King St. A few houses on the right.
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.241
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding
  • Exterior Features: Balcony, Fence
  • Foundation Details: Block, Poured
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: One Space, Garage Door Opener

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • 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

Lot Info

  • Parcel Number: 041200-094-067-0006-008-000-0000
  • Lot Dimensions: 70X150
  • Lot Size Sq Ft: 10500.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 8100.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2461.0
  • Tax Lot: 8

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
EXP-Premier Listings Team
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$85,000
Sold Price
$88,000
Premium/Discount to List
$3,000
3.53%
Current Estimated Value
$105,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,137
Avg. Annual Appreciation
4.57%
Original Mortgage
$90,024
Outstanding Balance
$84,901
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,236

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
EXP-Premier Listings Team
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
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:

--
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

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 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

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 Status Borrower Loan Amount
Open Lampack Gregory K $90,024
Previous Owner Walker Theresa $32,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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
2025 $1,727 $45,000 $6,400 $38,600
2024 $2,845 $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

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1390624

Chautauqua-Cattaraugus Board of REALTORS®

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

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