Great potential investment for a contractor! Much of this remodel is already complete: New siding, roof, insulation, plumbing, electrical, windows, doors, and hot water tank. Roughed out for three bedrooms, 1.5 baths and first floor laundry. Front porch done with long lasting composite flooring. Needs someone with vision to finish it. Located close to restaurants and stores.
Foundation issue: we have a quote for 16K and 19K to repair it.
Someone cut the electric wires for no reason other than mean spirited vandalism.
New Furnace was paid for and never installed.
Price reflects these issue.
Pending
Price cut: $15K (6/18)
$25,000
507 N 7th St, Olean, NY 14760
3beds
1,184sqft
Single Family Residence
Built in 1910
0.25 Acres Lot
$-- Zestimate®
$21/sqft
$-- HOA
What's special
New siding
- 98 days |
- 763 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
EXP-Premier Listings Team 888-276-0630,
Rebecca Laborde 716-378-5055
Source: NYSAMLSs,MLS#: R1666066
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
- Laundry: Main Level
Features
- Eat-in Kitchen, Bedroom on Main Level
- Flooring: Other, See Remarks
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,184
- Total interior livable area: 1,184 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Exterior features: Gravel Driveway
Lot
- Size: 0.25 Acres
- Dimensions: 35 x 128
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04120094.048216
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Resale
- Year built: 1910
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $21/sqft
- Tax assessed value: $37,000
- Annual tax amount: $2,075
- Date on market: 4/7/2026
- Cumulative days on market: 98 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $25,000$21/sqft |
Source:  NYSAMLSs #R1666066 Report a problem | ||
| 6/18/2026 | Price change | $25,000-37.5%$21/sqft |
Source: NYSAMLSs #R1666066 Report a problem | ||
| 5/8/2026 | Price change | $40,000-20%$34/sqft |
Source: NYSAMLSs #R1666066 Report a problem | ||
| 4/19/2026 | Price change | $50,000-23%$42/sqft |
Source: NYSAMLSs #R1666066 Report a problem | ||
| 4/7/2026 | Listed for sale | $64,900+765.3%$55/sqft |
Source: NYSAMLSs #R1666066 Report a problem | ||
| 3/8/2024 | Sold | $7,500-11.8%$6/sqft |
Source: NYSAMLSs #R1503219 Report a problem | ||
| 10/10/2023 | Pending sale | $8,500$7/sqft |
Source: NYSAMLSs #R1503219 Report a problem | ||
| 10/10/2023 | Listed for sale | $8,500+240%$7/sqft |
Source: NYSAMLSs #R1503219 Report a problem | ||
| 4/26/2021 | Sold | $2,500$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $37,000 |
| 2024 | -- | $37,000 |
| 2023 | -- | $37,000 |
| 2022 | -- | $37,000 |
| 2021 | -- | $37,000 |
| 2020 | -- | $37,000 |
| 2019 | -- | $37,000 |
| 2018 | -- | $37,000 |
| 2017 | $555 | $37,000 |
| 2016 | -- | $37,000 |
| 2015 | -- | $37,000 |
| 2014 | -- | $37,000 |
| 2013 | -- | $37,000 |
| 2012 | -- | $37,000 |
| 2011 | -- | $37,000 |
| 2010 | -- | $37,000 |
| 2009 | -- | $37,000 +1158.5% |
| 2008 | -- | $2,940 |
| 2007 | -- | $2,940 |
| 2006 | -- | $2,940 |
| 2005 | -- | $2,940 |
| 2004 | -- | $2,940 |
| 2002 | -- | $2,940 |
| 2001 | -- | $2,940 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 4/10Olean Middle SchoolGrades: 3-8Distance: 0.2 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 0.3 mi
- 2/10Washington West Elementary SchoolGrades: PK-3Distance: 0.6 mi
Schools provided by the listing agent
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $35,2112 bd1 ba1k sqft509 N 7th St, Olean, NY 14760Off Market
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- $101,0003 bd2 ba1.7k sqft504 N 8th St, Olean, NY 14760Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
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