NOT LISTED FOR SALE

947 N Union St Olean, NY 14760

Estimated Value: $146,000 - $164,000

6 Beds
3 Baths
3,536 Sq Ft
$44/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $129,000 $36 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,369/month

9 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of July 2022

Beautiful 3 unit apartment located on North Union St, close to shopping, schools and downtown amenities. The upper units has 3 bedrooms, a sizeable living room with a fireplace and mantle that highlight the front of the room, formal dining and access to the front and back porch. Inside you will find hardwood floors throughout, a large kitchen with plenty of counter and cabinet space as well as updated stainless steel appliances. The lower front unit is a 2 bedroom 1 bath, inside you will find amazing hardwood floors, a beautiful brick fireplace in the large living room and ample storage space in the many closets. The lower rear unit is a 1 bedroom 1 bathroom with an eat-in kitchen and living room, this unit also has an updated bathroom. This immaculate 3 unit is a great investment opportunity, the well maintained and freshly painted house is a must see. This property is located in a great area and is priced to sell. Don't miss this captivating home!

Last Listed By

Regis Handley

Listing by Howard Hanna Professionals License #10301215129 Listed on: 07/25/2021

Howard Hanna Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1915

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x115

Parking

  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 3,536 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 18
  • Assessor Parcel Number 041200-094-049-0001-018-001-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,075

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks, Water
  • Year Built: 1915
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Union St to North Union the property is on the left.
  • Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Gas, Forced Air, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-049-0001-018-001-0000
  • Lot Dimensions: 40X115
  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3075.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Caplinq Corp
Bought by
Welcomb Hm Prop Llc
Total Days on Market
9
Current Estimated Value
$170,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 3, 2018
Closed on
Jun 5, 2018
Sold by
Dove Properties Inc
Bought by
Caplinq Corp
Seller's Agent
Regis Handley
Howard Hanna Professionals
Buyer's Agent
Regis Handley
Howard Hanna Professionals
List Price
$79,000
Sold Price
$67,000
Premium/Discount to List
-$12,000
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Listed on
Jan 3, 2018
Closed on
May 31, 2018
Sold by
Dove Properties Inc
Bought by
Caplinq Corp
Seller's Agent
Regis Handley
Howard Hanna Professionals
Buyer's Agent
Regis Handley
Howard Hanna Professionals
List Price
$79,000
Sold Price
$67,000
Premium/Discount to List
-$12,000
-15.19%

Range of Values:

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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
Welcomb Hm Prop Llc $129,000 None Available
Welcomb Hm Prop Llc $129,000 None Available
Caplinq Corp $67,000 None Available
Caplinq Corp $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welcomb Hm Prop Llc $103,200
Previous Owner Dove Properties Inc $52,712
Previous Owner Palumbo Daniel R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $129,000 +8.4% $36 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $119,000 +77.6% $34 / Sq Ft
06/01/2018 06/01/18 Sold $67,000 -15.2% $19 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $79,000 0.0% $22 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $79,000 -- $22 / 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 $5,016 $79,000 $3,900 $75,100
2023 $2,974 $79,000 $3,900 $75,100
2022 $2,150 $56,300 $3,900 $52,400
2021 $2,212 $56,300 $3,900 $52,400
2020 $3,844 $56,300 $3,900 $52,400
2019 $845 $56,300 $3,900 $52,400
2018 $3,037 $56,300 $3,900 $52,400
2017 $2,282 $56,300 $3,900 $52,400
2016 $2,257 $56,300 $3,900 $52,400
2015 -- $56,300 $3,900 $52,400
2014 -- $56,300 $3,900 $52,400
Source: Public Records

Agents Affiliated with this Home

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1354535

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-049-0001-018-001-0000