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Olean 14760
107 S 13th Street
$124,900
● House - Off Market

107 S 13th Street

Olean, NY 14760
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,232 Ft²
$811
Est. Monthly

About This Property

Welcome to this beautifully updated 3-bedroom, 1.5-bathroom home in Olean, NY. This charming residence has been meticulously remodeled to offer modern comfort and style. The second floor features three spacious bedrooms and a full bath, while the first floor boasts a welcoming living room with a cozy gas fireplace, a formal dining room, and a newly renovated kitchen. The main floor also includes a convenient half bath. Recent updates include new flooring throughout, energy-efficient windows, a brand-new roof, a freshly paved blacktop driveway, updated plumbing, and a modern bathroom. Enjoy the outdoors with a small backyard perfect for relaxation and a covered front porch ideal for sitting and enjoying the neighborhood. This move-in-ready home seamlessly combines classic charm with contemporary upgrades.
Unit Size
1,232 Ft²
Days on Market
112 days
Land Size
0.04 acres
Price per sqft
$101
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (NYSAMLS #R1559204)

Price History

Date / Event Date Event Price
Dec 5, 2024 Sold
Premium
Sold
Aug 20, 2024 In contract -
In contract
Aug 15, 2024 Listed by Howard Hanna Professionals $124,900
Listed by Howard Hanna Professionals
Welcome to this beautifully updated 3-bedroom, 1.5-bathroom home in Olean, NY. This charming residence has been meticulously remodeled to offer modern comfort and style. The second floor features three spacious bedrooms and a full bath, while the first floor boasts a welcoming living room with a cozy gas fireplace, a formal dining room, and a newly renovated kitchen. The main floor also includes a convenient half bath. Recent updates include new flooring throughout, energy-efficient windows, a brand-new roof, a freshly paved blacktop driveway, updated plumbing, and a modern bathroom. Enjoy the outdoors with a small backyard perfect for relaxation and a covered front porch ideal for sitting and enjoying the neighborhood. This move-in-ready home seamlessly combines classic charm with contemporary upgrades.
Feb 15, 2023 Sold
Premium
Sold
Mar 9, 2015 Sold
Premium
Sold
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,680
  • Lot Size Depth Feet: 420
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000038
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961600

Zoning

  • Zoning: R3

Geography

  • Account Number: 057755
  • District: 041200
  • Section: 94.64
  • Parcel: 041200 94.064-10-61
  • Block: 10
  • Lot: 61.000
  • Municipality: OLEAN
  • Latitude: 42.0767
  • Longitude: -78.4456

    Address

  • Full Address: 107 S 13th St
  • Address - House Number: 107
  • Street Direction: S
  • Address - Street Name: 13th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C006
  • 4-Digit Zip Code: 3311
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $456,271
  • Tax Rate Code Area: 41200

    Appraisal Valuation

  • Standard Deviation: 0.152
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 105,072
  • High Value: 121,045
  • Low Value: 89,098

    Market Valuation

  • Market Total Value: $56,410
  • Market Land Value: $1,282
  • Market Improvement Value: $55,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,000
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $43,000

    Sales

  • Current Sale Contract Date: Feb 14, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202302793
  • Previous Sale Recording Date: Mar 09, 2015
  • Previous Sale Contract Date: Mar 06, 2015
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olean

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$85

Below Asking

0.05%

Average Days on Market

83

Average Home Size

1737 ft²

Average Home Age

113.7 years

Currently For Sale

64 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 315 Laurens Street, Olean, NY, 14760

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 4,621 ft²
315 Laurens Street, Olean, NY, 14760 Listing by Myoungjin Joo
Unit for rent at 422 York Street, Olean, NY, 14760

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,934 ft²
422 York Street, Olean, NY, 14760 Listing by Paul Pezzimenti

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# R1559204

Frequently Asked Questions

When was property at 107 South 13th Street built and last sold?
The property at 107 South 13th Street was built in 1900 and last sold on Feb 14, 2023 for $16,000.
How much is this home worth?
The estimated value of the home located at 107 South 13th Street is $125,828.
What are some comparable homes to 107 South 13th Street?
There are currently no comparable homes to 107 South 13th Street.
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