$159,900
$9K PRICE DROP

111 S 7th St Olean, NY 14760

Estimated payment $1,115/month

Total Views 21,593
4 Beds
2 Baths
2,326 Sq Ft
$69 Price per Sq Ft

Highlights

  • Second Kitchen
  • Wood Flooring
  • Country Kitchen
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • 5-minute walk to Oak Hill Park

About This Home

Beautiful 4 bedroom, 2 bath home centrally located in the heart of Olean. The downstairs has 3 bedrooms and one full bathroom while the upstairs has 1 bedrooom, one bathroom and a kitchen. This home can be used as a single family home or a multi family. It is perfect for an in law suite.It is zoned for both. This home has been well maintained and is in excellent overall condition. Did I mention low taxes!!!

Listing Agent

James Dwaileebe

Listing by 3D Real Estate LLC License #10491206584 Listed on: 11/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 1920

Lot Details

  • 4,480 Sq Ft Lot
  • Lot Dimensions are 35x128
  • Rectangular Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,326 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Country Kitchen
  • Second Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 041200-094-064-0013-069-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,422

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: State St to 7th street
  • Architectural Style: Two Story
  • Flooring: Carpet, Hardwood, Varies
  • Garage Yn: No
  • Interior Features: Country Kitchen, Second Kitchen, Bedroom on Main Level, In-Law Floorplan, Main Level Primary, Primary Suite
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1028
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-064-0013-069-000-0000
  • Lot Dimensions: 35X128
  • Lot Size Sq Ft: 4480.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3422.0
  • Tax Lot: 69

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,464 $61,000 $3,400 $57,600
2023 $1,895 $61,000 $3,400 $57,600
2022 $1,915 $61,000 $3,400 $57,600
2021 $2,397 $61,000 $3,400 $57,600
2020 $392 $61,000 $3,400 $57,600
2019 $79 $61,000 $3,400 $57,600
2018 $472 $61,000 $3,400 $57,600
2017 $419 $61,000 $3,400 $57,600
2016 $411 $61,000 $3,400 $57,600
2015 -- $61,000 $3,400 $57,600
2014 -- $61,000 $3,400 $57,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 Price Changed $159,900 0.0% $69 / Sq Ft
12/02/2025 12/02/25 Price Changed $159,900 -5.4% $69 / Sq Ft
11/06/2025 11/06/25 For Sale $169,000 -0.5% $73 / Sq Ft
10/17/2025 10/17/25 For Sale $169,900 0.0% $73 / Sq Ft
10/10/2025 10/10/25 Off Market $169,900 -- --
10/08/2025 10/08/25 For Sale $169,900 -- $73 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Deed -- Daniel R Palumbo
Deed -- Daniel R Palumbo
Source: Public Records

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1649461

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-064-0013-069-000-0000