NOT LISTED FOR SALE

1182 Promised Land Rd Olean, NY 14760

Estimated Value: $45,000 - $174,000

3 Beds
2 Baths
1,384 Sq Ft
$73/Sq Ft Est. Value

About This Home

Looking for the perfect country location in the Portville School District to build your dream home or place a modular? Look no further! This versatile 0.73-acre lot is ready for your vision, featuring an existing well, septic, utilities, a 2-car garage, and even an above-ground pool. There’s currently a 2-story, 1,384 sq ft home on the property which, is ideal for demolition to make room for your brand new home—but if you’re seeking a project in a great location, this could be it! The possibilities are endless, and with fair pricing and low taxes, it’s an opportunity you don’t want to miss. This is an estate sale and is being offered as is—buyer will be responsible for any required well and septic testing with the county. Come plant your roots in this peaceful setting today!

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2025 08/24/25 Pending -- -- --
07/14/2025 07/14/25 Price Changed $45,000 -9.8% $33 / Sq Ft
06/17/2025 06/17/25 Price Changed $49,900 -9.3% $36 / Sq Ft
06/04/2025 06/04/25 For Sale $55,000 -- $40 / Sq Ft

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
2025 $2,889 $49,000 $9,400 $39,600
2024 $2,104 $49,000 $9,400 $39,600
2023 $2,067 $49,000 $9,400 $39,600
2022 $1,980 $49,000 $9,400 $39,600
2021 $2,022 $49,000 $9,400 $39,600
2020 $1,926 $49,000 $9,400 $39,600
2019 $451 $49,000 $9,400 $39,600
2018 $1,366 $49,000 $9,400 $39,600
2017 $1,331 $49,000 $9,400 $39,600
2016 $1,788 $49,000 $9,400 $39,600
2015 -- $49,000 $9,400 $39,600
2014 -- $49,000 $9,400 $39,600
Source: Public Records

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