Estimated payment $586/month
Highlights
- Forced Air Heating System
- Rectangular Lot
- Carpet
About This Home
This home is located at 118 S 7th St, Olean, NY 14760 and is currently priced at $72,000, approximately $46 per square foot. This property was built in 1925. 118 S 7th St is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and Southern Tier Catholic School.
Listing Agent
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-3953 License #40DW0994003 Listed on: 08/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,518
Year Built
- Built in 1925
Lot Details
- 4,014 Sq Ft Lot
- Lot Dimensions are 47x84
- Rectangular Lot
Parking
- Unpaved Driveway
Home Design
- Frame Construction
Interior Spaces
- 1,542 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 041200-094-064-0012-013-000-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,940 | $46,500 | $3,300 | $43,200 |
| 2023 | $1,751 | $46,500 | $3,300 | $43,200 |
| 2022 | $1,776 | $46,500 | $3,300 | $43,200 |
| 2021 | $1,827 | $46,500 | $3,300 | $43,200 |
| 2020 | $1,840 | $46,500 | $3,300 | $43,200 |
| 2019 | $698 | $46,500 | $3,300 | $43,200 |
| 2018 | $2,508 | $46,500 | $3,300 | $43,200 |
| 2017 | $1,885 | $46,500 | $3,300 | $43,200 |
| 2016 | $1,864 | $46,500 | $3,300 | $43,200 |
| 2015 | -- | $46,500 | $3,300 | $43,200 |
| 2014 | -- | $46,500 | $3,300 | $43,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | Price Changed | $72,000 | -8.9% | $47 / Sq Ft |
| 08/26/2025 08/26/25 | For Sale | $79,000 | -- | $51 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $34,500 | -- |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1633493
APN: 041200-094-064-0012-013-000-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 121 N 8th St Unit 121 N 8th St Upper
- 121 N 8th St Unit 121 N 8th St Upper
- 411 W Sullivan St Unit 411 W Sullivan St
- 115 N 17th St
- 579 Martha Ave Unit Apartment C
- 1429 South Ave Unit 13
- 3021 W State St
- 7720 New York 417
- 2 South Ave
- 355 Rochester St
- 29 Monroe St
- 7883 Route 240
- 7620 Watson Rd Unit lower
- 9687 Main St
- 9687 Main St
- 247-251 N Main St
- 9965 Wesley Rd
- 1307 E 2nd St Unit 4