NOT LISTED FOR SALE

912 Front St Olean, NY 14760

Estimated Value: $126,000 - $168,983

4 Beds
2 Baths
2,160 Sq Ft
$67/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $85,000 $39 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,011/month

25 Days on Market

Highlights

  • Cathedral Ceiling
  • Thermal Windows
  • Forced Air Cooling System
  • Wood Flooring
  • Skylights
  • Ceiling Fan

About This Home

As of July 2019

EXCEPTIONAL COMPLETION OF THIS DUPLEX IN THE CITY. EXTENSIVE REMODEL DONE JUST A FEW YEARS AGO. PROFESSIONAL CONTRACTOR QUALITY. ROOF, WINDOWS, HEATING SYSTEMS, PLUMBING AND ELECTRICAL ALL NEWER. UPPER APT IS A BRIGHT LOFT STYLE WITH A NYC FEEL; GREAT VIEWS! KNOTTY PINE COMPLETELY VAULTED CEILINGS WITH FANS AND RECESSED LIGHTING. LG GALLEY STYLE KITCHEN WITH UNIQUE CONCRETE COUNTER TOPS, BAR/ISLAND AND STAINLESS STEEL APPLIANCES. SKYLIGHT BATH, COPPER SINK VANITY, 20 INCH NEUTRAL RUSTIC CERAMIC TILE AND HARDWOOD FLOORS THROUGHOUT. LIVE HERE AND RENT OUT THE LOWER APT! 1ST FLOOR APARTMENT WITH VERY SIMILAR LAYOUT, ENCLOSED MUDROOM/PORCH. SLIDING GLASS DOORS, LARGE ROOMS. COMPLETELY FENCED BACKYARD. PARKING FOR EACH. A STONE'S THROW TO OLEAN GENERAL HOSPITAL. A TRUE MUST SEE!

Last Agent to Sell the Property

Rebecca Pettit

Listing by Homestar Realty License #40PE1006563 Listed on: 03/06/2019

Last Buyer's Agent

Sandra Goode

Listing by Howard Hanna Professionals - Ellicottville License #10301201915

Howard Hanna Professionals - Ellicottville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 1890

Lot Details

  • 7,540 Sq Ft Lot
  • Lot Dimensions are 116 x 65

Parking

  • Stone Driveway

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Crawl Space
  • Scuttle Attic Hole

Flooring

  • Wood
  • Ceramic Tile

Utilities

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

Listing and Financial Details

  • Rent includes water
  • Tax Lot 67
  • Assessor Parcel Number 041200-094-050-0002-067-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,525

Year Built

Built in 1890

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 80000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 65
  • Lot Information: Neighborhood Street
  • Lot Number: 67
  • Nearest Cross Street: 2nd Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 491045.64
  • Ratio Close Price By Sq Ft: 39.35
  • Ratio List Price By Acres: 519352.98
  • Ratio List Price By Sq Ft: 41.62
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 2200
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7540
  • Age of Building: 132
  • Year Built: 1890
  • Directions To Property: Main Street to Front-2 blocks from Park N Shop on left.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Additional Interior Features: Cathedral Ceiling, Ceiling Fan, Circuit Breakers - Some, Skylight
  • Attic Description: Scuttle Access
  • Basement Description: Crawl Space
  • Floor Description: Ceramic-Some, Hardwood-Some, Tile-Some
  • Total Sq Ft: 2160

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Thermal Windows - Some
  • Number of Acres: 0.1731

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • 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: 041200-094-050-0002-067-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4525

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
Jul 26, 2019
Sold by
Pettit Mark A
Bought by
Carey Michael A
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Sandra Goode
Howard Hanna Professionals - Ellicottville
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$143,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,746
Avg. Annual Appreciation
9.41%
Original Mortgage
$68,000
Outstanding Balance
$61,079
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$87,237

Purchase Details

Listed on
Mar 6, 2019
Closed on
Jul 22, 2019
Sold by
Pettit Mark A
Bought by
Carey Michael A and Harris Taylor K
Seller's Agent
Rebecca Pettit
Homestar Realty
Buyer's Agent
Sandra Goode
Howard Hanna Professionals - Ellicottville
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$61,079
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$87,237

Purchase Details

Closed on
Oct 10, 2012
Sold by
Armprester Berry
Bought by
Pettit Mark

Purchase Details

Closed on
Dec 14, 2011
Sold by
Homefront Properties Llc
Bought by
Armprester Berry

Purchase Details

Closed on
Oct 27, 2011
Sold by
Cattaraugus County Treasurer
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Apr 7, 1998
Sold by
Domboski Mark J
Bought by
Chaffee Kelly
Source: Public Records

Range of Values:

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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
Carey Michael A $85,000 None Available
Carey Michael A $85,000 None Available
Carey Michael A $85,000 --
Pettit Mark $3,500 --
Armprester Berry $1,300 --
County Of Cattaraugus -- Thomas C. Brady
Chaffee Kelly $37,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carey Michael A $68,000
Closed Carey Michael A $68,000
Closed Carey Michael A $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $85,000 -5.5% $39 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $89,900 -- $42 / 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 $3,020 $80,000 $5,600 $74,400
2023 $3,012 $80,000 $5,600 $74,400
2022 $3,055 $80,000 $5,600 $74,400
2021 $3,144 $80,000 $5,600 $74,400
2020 $3,166 $80,000 $5,600 $74,400
2019 $2,458 $80,000 $5,600 $74,400
2018 $9,970 $80,000 $5,600 $74,400
2017 $8,141 $80,000 $5,600 $74,400
2016 $6,635 $80,000 $5,600 $74,400
2015 -- $33,000 $5,600 $27,400
2014 -- $33,000 $5,600 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1176785

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0002-067-000-0000