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158 North Union Street

158 North Union Street, Olean, NY 14760
Property in Olean
Local assessors in Olean, NY have categorized 158 North Union Street as a commercial type of property. The home was built in 1895 and is 129 years old. The property's lot size has been calculated to be 2,344 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 215 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 158 North Union Street has a total of 4,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home has been utilizing oil for fuel. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 158 North Union Street was last sold in Feb 3, 2020 for $118,000. According to our calculations, that's $59.00 per sqft. Prior to that sales transaction, the property was sold for $118,000 in Jan 30, 2020. Current property owners are expected to pay $2,918 in taxes per year. The property on 158 North Union Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $104,500. To break that down further, the land itself was valued at $4,000. While improvements to the property were assessed at a total of $100,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 2,000
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,344
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 215
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,000
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.053
  • Standard Land Use Code: Commercial/office/residential (mixed use)

Ownership

  • Current Owner : MCLAUGHLIN JOHN
  • Previous Owner : MAYNARD MARTIN
  • Owner Before Previous Owner: MAYNARD MARTIN G
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961700

Zoning

  • Zoning: CC

Geography

  • Account Number: 060645
  • District: 041200
  • Section: 94.65
  • Parcel: 041200 94.065-3-35
  • Block: 3
  • Lot: 35.000
  • Municipality: OLEAN
  • Latitude: 42.0792
  • Longitude: -78.4295

    Address

  • Full Address: 158 N Union St
  • Address - House Number: 158
  • Street Direction: N
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C002
  • 4-Digit Zip Code: 2735
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,918
  • Tax Rate Code Area: 041200

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: OLEAN AREA FCU
  • First Open Lien Mortgage Recording Date: Feb 04, 2020
  • First Open Lien Mortgage Loan Amount: $164,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 04, 2050
  • Second Open Lien Mortgage Lender: OLEAN AREA FCU
  • Second Open Lien Mortgage Recording Date: Feb 04, 2020
  • Second Open Lien Mortgage Loan Amount: $164,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Feb 04, 2050

    Market Valuation

  • Market Total Value: $133,974
  • Market Land Value: $5,128
  • Market Improvement Value: $128,846

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,500
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $100,500

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Transaction ID: 11754277842
  • Current Sale Price: $118,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 04, 2020
  • Previous Sale Contract Date: Jan 30, 2020
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLEAN AREA FCU
  • First Mortgage Transaction Date: Feb 04, 2020
  • First Mortgage Loan Amount: $164,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: OLEAN AREA FCU
  • Previous Mortgage Transaction Date: Feb 04, 2020
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Olean



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Frequently Asked Questions

What neighborhood is 158 North Union Street located in?
The 158 North Union Street is a located in the neighborhood of Olean in Olean, Olean.
What is the average sales price for listings in 158 North Union Street?
The average sales price for units in 158 North Union Street is $0 currently.

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