Welcome to this adorable 2 bedroom, 1 bath ranch with 888 square feet of comfortable living space. Perfectly sized and easy to maintain, this home offers the charm of simple living with just the right amount of space. Step inside and you’ll find a welcoming layout filled with natural light, making each room feel bright and cheerful. The hot water baseboard heat (boiler system) keeps the home toasty warm all winter long. Outside, the fenced backyard is a true bonus—ideal for pets, play, or just enjoying a private spot to relax and unwind. Whether you’re starting out, downsizing, or looking for an investment, this home is full of possibilities! Affordable, cozy, and move-in ready—don’t miss your chance to call this charming ranch yours!
Closed
$120,000
702 Prospect Ave, Olean, NY 14760
2beds
888sqft
Single Family Residence
Built in 1921
5,619.24 Square Feet Lot
$115,600 Zestimate®
$135/sqft
$1,188 Estimated rent
Home value
$115,600
Estimated sales range
Not available
$1,188/mo
Zestimate® history
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$1,188/mo
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$1,188/mo
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$752/mo
Est. payment
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$752/mo
Est. payment
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List your homeWhat's special
Filled with natural lightIdeal for petsWelcoming layoutHot water baseboard heatFenced backyardComfortable living space
Zillow last checked:
Listing updated:
Listed by:
Kenneth M. Bailey 716-307-6960,
Real Estate Pros & More
Bought with:
Brad Johnson, 10401379585
EXP-Premier Listings Team
Source: NYSAMLSs,MLS#: R1631436
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Gas, Hot Water
Appliances
- Included: Gas Water Heater
- Laundry: Main Level
Features
- Ceiling Fan(s), Separate/Formal Living Room, Galley Kitchen, Pull Down Attic Stairs, Bedroom on Main Level
- Flooring: Laminate, Varies
- Basement: Crawl Space,Sump Pump
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 888
- Total interior livable area: 888 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Exterior features: Blacktop Driveway
Lot
- Size: 5,619 sqft
- Dimensions: 40 x 140
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04120009405800020250000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Blown-In Insulation, Frame, Spray Foam Insulation, Copper Plumbing
- Foundation: Block
- Roof: Architectural,Metal,Shingle
Condition
- Resale
- Year built: 1921
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Olean
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Sold | $120,000-7.6%$135/sqft |
Source:  NYSAMLSs #R1631436 Report a problem | ||
| 9/9/2025 | Pending sale | $129,900$146/sqft |
Source: NYSAMLSs #R1631436 Report a problem | ||
| 8/23/2025 | Contingent | $129,900$146/sqft |
Source: NYSAMLSs #R1631436 Report a problem | ||
| 8/18/2025 | Listed for sale | $129,900+333%$146/sqft |
Source: NYSAMLSs #R1631436 Report a problem | ||
| 6/17/2019 | Sold | $30,000-10.4%$34/sqft |
Source: NYSAMLSs #R1178558 Report a problem | ||
| 3/26/2019 | Pending sale | $33,500$38/sqft |
Source: Howard Hanna - Olean - Howard Hanna Professionals #R1178558 Report a problem | ||
| 3/16/2019 | Listed for sale | $33,500$38/sqft |
Source: Howard Hanna Professionals #R1178558 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $56,000 |
| 2024 | -- | $56,000 |
| 2023 | -- | $56,000 |
| 2022 | -- | $56,000 |
| 2021 | -- | $56,000 |
| 2020 | -- | $56,000 |
| 2019 | -- | $56,000 |
| 2018 | -- | $56,000 |
| 2017 | $500 | $56,000 |
| 2016 | -- | $56,000 |
| 2015 | -- | $56,000 |
| 2014 | -- | $56,000 |
| 2013 | -- | $56,000 |
| 2012 | -- | $56,000 |
| 2011 | -- | $56,000 |
| 2010 | -- | $56,000 |
| 2009 | -- | $56,000 +1556.8% |
| 2008 | -- | $3,380 |
| 2007 | -- | $3,380 |
| 2006 | -- | $3,380 |
| 2005 | -- | $3,380 |
| 2004 | -- | $3,380 |
| 2002 | -- | $3,380 |
| 2001 | -- | $3,380 |
Find assessor info on the county website
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 3/10East View Elementary SchoolGrades: PK-3Distance: 0.2 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 1 mi
- 4/10Olean Middle SchoolGrades: 3-8Distance: 1 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.
- New York
- Cattaraugus County
- Olean
- 14760
- 702 Prospect Ave
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Nearby neighborhoods
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