NOT LISTED FOR SALE

917 Seneca Ave Olean, NY 14760

Estimated Value: $52,000 - $87,000

4 Beds
2 Baths
1,224 Sq Ft
$60/Sq Ft Est. Value

Last Sold November 07, 2017

Last sale price $13,000 $11 Per Sq Ft

Est. 424% increase in value since last sale

Current estimated payment $426/month

14 Days on Market

Highlights

  • 0.37 Acre Lot
  • Forced Air Cooling System
  • Ceiling Fan
  • Wood Flooring

About This Home

As of November 2017

Investors take a look. A little TLC and this 2 unit House is ready to rent out and start making money for you. Live in one apartment and let the other pay the mortgage. Sits on a large double lot, 1 car garage. Call today to take a look.

Last Agent to Sell the Property

Michelle Fitzpatrick-Baer

Listing by Howard Hanna Professionals - Olean License #40FI1153618 Listed on: 08/14/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Andrew Bednarski

Listing by No Office Affiliation License #10401303251

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 162 x 100

Parking

  • 1 Car Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,224 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

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

Listing and Financial Details

  • Rent includes lawn maintenance, no utilities
  • Tax Lot 40
  • Assessor Parcel Number 041200-094-067-0002-040-000-0000

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 1900

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 33700
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 162
  • Lot Dimension Front: 100
  • Lot Information: Neighborhood Street
  • Lot Number: 40
  • Nearest Cross Street: king
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 34955.63
  • Ratio Close Price By Sq Ft: 10.62
  • Ratio List Price By Acres: 66953.48
  • Ratio List Price By Sq Ft: 20.34
  • Regional Board Code: Rochester
  • Rent Includes: Lawn Maintenance, No Utilities
  • School Tax: 880
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 16200
  • Age of Building: 122
  • Year Built: 1900
  • Directions To Property: Seneca Street, near King Street Intersection, look for HHP sign
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Kitchen Appliances Included: In All Apartments
  • Total Sq Ft: 1224

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.3719

Garage/Parking

  • Number of Electric Meters: 2
  • Number of Garage Spaces: 1.0000
  • Parking Driveway: 2 or More Spaces

Utilities

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

Lot Info

  • Parcel Number: 041200-094-067-0002-040-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1841

MLS Schools

  • Elementary School Name: East View Elementary
  • High School Name: Olean Senior High
  • Middle School Name: Olean Middle
  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Nov 13, 2017
Sold by
Hamed Steven H
Bought by
Barlett Susan M
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
Buyer's Agent
Andrew Bednarski
No Office Affiliation
List Price
$24,900
Sold Price
$13,000
Premium/Discount to List
-$11,900
-47.79%
Current Estimated Value
$68,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,146
Avg. Annual Appreciation
23.66%

Purchase Details

Listed on
Aug 14, 2017
Closed on
Nov 7, 2017
Sold by
Hamed Steven H
Bought by
Barlett Susan M
Seller's Agent
Michelle Fitzpatrick-Baer
Howard Hanna Professionals - Olean
Buyer's Agent
Andrew Bednarski
No Office Affiliation
List Price
$24,900
Sold Price
$13,000
Premium/Discount to List
-$11,900
-47.79%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Giardini Charles
Bought by
Giardini Revca. Living Trust Charles
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
Barlett Susan M $13,000 None Available
Barlett Susan M $13,000 None Available
Giardini Revca. Living Trust Charles -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2017 11/07/17 Sold $13,000 -47.8% $11 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $24,900 -- $20 / 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 $2,131 $33,700 $10,300 $23,400
2023 $1,269 $33,700 $10,300 $23,400
2022 $1,287 $33,700 $10,300 $23,400
2021 $1,324 $33,700 $10,300 $23,400
2020 $1,333 $33,700 $10,300 $23,400
2019 $506 $33,700 $10,300 $23,400
2018 $1,818 $33,700 $10,300 $23,400
2017 $2,334 $33,700 $10,300 $23,400
2016 $1,351 $33,700 $10,300 $23,400
2015 -- $34,000 $10,300 $23,700
2014 -- $34,000 $10,300 $23,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Fitzpatrick-Baer

    Howard Hanna

    (716) 378-4271

    14 in this area

    22 Total Sales

    Michelle Fitzpatrick-Baer
    Section Image

  • A

    Buyer's Agent in 2017

    Andrew Bednarski

    No Office Affiliation

See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1067664

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-067-0002-040-000-0000

New York Cattaraugus County Olean 14760

917 Seneca Ave, Olean, NY

Not Listed for Sale

MultiFamily

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