NOT LISTED FOR SALE

902 W Henley St Olean, NY 14760

Estimated Value: $60,000 - $106,212

3 Beds
2 Baths
1,694 Sq Ft
$50/Sq Ft Est. Value

Last Sold November 23, 2018

Last sale price $25,000 $15 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $536/month

21 Days on Market

About This Home

As of November 2018

OLEAN-. RENTAL PROPERTY. LOWER UNIT AND UPPER UNIT. USE AS RENTAL INCOME OR AS RESIDENCE WITH INCOME. AFFORDABLE HOUSING. MLS#B1138923

Last Agent to Sell the Property

Thomas Fenner

Listing by Real Estate Pros & More License #10301223660 Listed on: 08/06/2018

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,080 Sq Ft Lot
  • Lot Dimensions are 80 x 51

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 46
  • Assessor Parcel Number 041200-094-064-0012-046-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 49500
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 80
  • Lot Dimension Front: 51
  • Lot Information: Neighborhood Street
  • Lot Number: 46
  • Nearest Cross Street: NORTH 9TH STREET
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 266808.96
  • Ratio Close Price By Sq Ft: 14.76
  • Ratio List Price By Acres: 319103.52
  • Ratio List Price By Sq Ft: 17.65
  • Regional Board Code: Buffalo
  • Rent Includes: No Utilities
  • School Tax: 1302
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4080
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: WEST HENLEY IS OFF SOUTH UNION SYREET
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Basement Description: Full
  • Floor Description: Hardwood-Some
  • Total Sq Ft: 1694

Exterior Features

  • Number of Acres: 0.0937

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces

Utilities

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

Lot Info

  • Parcel Number: 041200-094-064-0012-046-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2742

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Nov 14, 2018
Sold by
Shur & Ven Inc
Bought by
Whitaker Jeffrey
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%
Current Estimated Value
$85,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,805
Avg. Annual Appreciation
18.82%
Original Mortgage
$20,000
Outstanding Balance
$17,457
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$67,596

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 28, 2018
Sold by
Shur Ven Inc
Bought by
Whitaker Jeffrey T
Seller's Agent
Thomas Fenner
Real Estate Pros & More
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$17,457
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$67,596

Purchase Details

Closed on
Nov 29, 2000
Sold by
Pancio Paul J and Pancio Lois M
Bought by
Shur-Ven Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Whitaker Jeffrey $25,000 None Available
Whitaker Jeffrey $25,000 None Available
Whitaker Jeffrey T -- --
Shur-Ven Inc $35,000 Mary Jane Nevins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker Jeffrey $20,000
Closed Whitaker Jeffrey $20,000
Previous Owner Whitaker Jeffrey T $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2018 11/23/18 Sold $25,000 -37.3% $15 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $39,900 -- $24 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $3,130 $49,500 $5,100 $44,400
2023 $1,864 $49,500 $5,100 $44,400
2022 $1,890 $49,500 $5,100 $44,400
2021 $1,945 $49,500 $5,100 $44,400
2020 $1,959 $49,500 $5,100 $44,400
2019 $743 $49,500 $5,100 $44,400
2018 $2,670 $49,500 $5,100 $44,400
2017 $2,006 $49,500 $5,100 $44,400
2016 $1,985 $49,500 $5,100 $44,400
2015 -- $49,500 $5,100 $44,400
2014 -- $49,500 $5,100 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1138923

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0012-046-000-0000