$50,000
SOLD FEB 5, 2018
-- Bed
-- Bath
1,738 Sq Ft
2,970 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

4% Below List Price

237 Days on Market

Highlights

  • Corner Lot
  • Forced Air Cooling System
  • Vinyl Flooring

About This Home

As of August 2025

Two apartment building located in North Olean. Great investment or live in one and rent the other.

Last Agent to Sell the Property

John Skadowski

Listing by Howard Hanna Professionals - Olean License #40SK1093971 Listed on: 05/05/2017

Howard Hanna Professionals - Olean

Last Buyer's Agent

Jon Farleo

Listing by Howard Hanna Professionals - Olean License #10301214488

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1910

Lot Details

  • 2,970 Sq Ft Lot
  • Lot Dimensions are 90 x 33
  • Corner Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Rent includes no utilities
  • Tax Lot 49
  • Assessor Parcel Number 041200-094-041-0003-049-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,290

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 42000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 90
  • Lot Dimension Front: 33
  • Lot Information: Corner Lot
  • Lot Number: 49
  • Nearest Cross Street: WATER
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 733137.83
  • Ratio Close Price By Sq Ft: 28.77
  • Ratio List Price By Acres: 762463.34
  • Ratio List Price By Sq Ft: 29.92
  • Regional Board Code: Rochester
  • Rent Includes: No Utilities
  • School Tax: 1097
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2970
  • Age of Building: 112
  • Year Built: 1910
  • Directions To Property: North Union Street to Water Street.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Basement Description: Full
  • Floor Description: Vinyl-Some
  • Kitchen Appliances Included: Oven/Range Gas-Some, Refrigerator
  • Total Sq Ft: 1738

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.0682

Garage/Parking

  • Number of Electric Meters: 2
  • 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
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Olean

Lot Info

  • Parcel Number: 041200-094-041-0003-049-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2290

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Aug 12, 2025
Sold by
Biehler Christopher M
Bought by
D & A Development Llc
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
List Price
$89,500
Sold Price
$74,000
Premium/Discount to List
-$15,500
-17.32%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.39%

Purchase Details

Listed on
May 5, 2017
Closed on
Feb 6, 2018
Sold by
Dove Properties Inc
Bought by
Biehler Christopher M
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$52,000
Sold Price
$50,000
Premium/Discount to List
-$2,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$37,500
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Listed on
May 5, 2017
Closed on
Feb 5, 2018
Sold by
Dove Properties Inc
Bought by
Biehler Christopher M
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$52,000
Sold Price
$50,000
Premium/Discount to List
-$2,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Listed on
May 5, 2017
Closed on
Jan 30, 2018
Sold by
Dove Properties Inc
Bought by
Biehler Christopher M
Seller's Agent
John Skadowski
Howard Hanna Professionals - Olean
Buyer's Agent
Jon Farleo
Howard Hanna Professionals - Olean
List Price
$52,000
Sold Price
$50,000
Premium/Discount to List
-$2,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2009
Sold by
Dove Properties
Bought by
Dove Properties Inc

Purchase Details

Closed on
Nov 17, 2006
Sold by
Quattrone Samuel
Bought by
Dove Properties

Purchase Details

Closed on
Mar 13, 2000
Sold by
Snopkowski Frances M
Bought by
Quattrone Samuel L
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $74,000 --
Deed $50,000 None Available
Deed $50,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Deed -- Daniel Palumbo
Deed -- Daniel Palumbo
Deed $40,000 Daniel R. Palumbo
Deed $25,000 Daniel A De Rose
Deed $25,000 Daniel A De Rose
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $37,500 Unknown
Previous Owner $37,500 Unknown
Previous Owner $37,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Sold $74,000 -7.4% $43 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $79,900 -10.7% $46 / Sq Ft
02/24/2025 02/24/25 For Sale $89,500 +20.9% $51 / Sq Ft
12/03/2024 12/03/24 Off Market $74,000 -- --
10/04/2024 10/04/24 Price Changed $89,500 -8.7% $51 / Sq Ft
08/26/2024 08/26/24 For Sale $98,000 +96.0% $56 / Sq Ft
02/05/2018 02/05/18 Sold $50,000 -3.8% $29 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $52,000 -- $30 / 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 $1,586 $42,000 $3,000 $39,000
2023 $1,581 $42,000 $3,000 $39,000
2022 $1,604 $42,000 $3,000 $39,000
2021 $1,650 $42,000 $3,000 $39,000
2020 $1,662 $42,000 $3,000 $39,000
2019 $630 $42,000 $3,000 $39,000
2018 $2,266 $42,000 $3,000 $39,000
2017 $1,702 $42,000 $3,000 $39,000
2016 $1,684 $42,000 $3,000 $39,000
2015 -- $42,000 $3,000 $39,000
2014 -- $42,000 $3,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: B1043280

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-041-0003-049-000-0000