$190,000
SOLD MAY 5, 2025

1325 Highland Terrace Olean, NY 14760

6 Beds
3.5 Baths
2,222 Sq Ft
0.7 Acres

Recently Sold

$86 Per Sq Ft

3% Below List Price

118 Days on Market

Highlights

  • 0.7 Acre Lot
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Recreation Room
  • Separate Formal Living Room

About This Home

As of May 2025

Welcome to this spacious 6-bedroom, 3.5-bathroom colonial brick home, where elegance meets modern convenience! This home has a lot of potential, nestled in a charming neighborhood, this residence offers the perfect blend of spacious living, a great floor plan, and a prime location. As you step through the front door, you'll be led to the kitchen and expansive family room with a wood-burning fireplace and a sliding glass door that opens to a sprawling deck overlooking the fully fenced yard. With some finishing touches this home could be a real gem. The basement features two bedrooms, another spacious living area, and easy access to the backyard. Upstairs, the primary suite offers a private retreat. With vinyl flooring throughout most of the home, an updated heating system, and a great location close to schools and amenities, this home is a must-see – blending classic charm with modern living in a welcoming community. Welcome home!

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 11/13/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Suzanne Cansdale

Listing by Century 21 North East License #10401262744

Century 21 North East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,726

Year Built

  • Built in 1979

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 100x304
  • Property is Fully Fenced
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Copper Plumbing

Interior Spaces

  • 2,222 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Quartz Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 041200-094-034-0008-001-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,726

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1979
  • Attribution Contact: 716-378-7039
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Main St, turn onto Madison, turn onto Highland Terrace, the property is on the left
  • Architectural Style: Colonial, Two Story
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Pantry, Quartz Counters, Sliding Glass Door(s), Solid Surface Counters, Bath in Primary Bedroom
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Cooktop, Gas Water Heater, Microwave
  • Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 11
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.6979
  • Waterfront: No
  • Construction Type: Brick, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck, Fully Fenced
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Driveway, Garage Door Opener

Utilities

  • Heating: Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-034-0008-001-000-0000
  • Lot Dimensions: 100X304
  • Lot Size Sq Ft: 30400.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7726.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Apr 24, 2025
Sold by
Jamil Mohdmoud and Jamil Najla
Bought by
Neyer Donald and Neyer Melinda
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Suzanne Cansdale
Century 21 North East
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Views
700
Current Estimated Value
$209,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,272
Avg. Annual Appreciation
36.57%

Purchase Details

Closed on
May 30, 1996
Sold by
Pandit Vinay Y and Pandit Rajashree V
Bought by
Mohmoud Jamil and Mohmoud Najla
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 None Available
Deed $120,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Credit Line Revolving
Previous Owner $133,950 Stand Alone Refi Refinance Of Original Loan
Previous Owner $30,000 Unknown
Previous Owner $26,249 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $190,000 -2.6% $86 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
11/13/2024 11/13/24 For Sale $195,000 -- $88 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History Compared to Growth

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 $4,905 $145,000 $28,700 $116,300
2023 $5,459 $145,000 $28,700 $116,300
2022 $5,538 $145,000 $28,700 $116,300
2021 $5,698 $145,000 $28,700 $116,300
2020 $8,560 $145,000 $28,700 $116,300
2019 $2,176 $145,000 $28,700 $116,300
2018 $7,180 $145,000 $28,700 $116,300
2017 $5,201 $145,000 $28,700 $116,300
2016 $5,119 $145,000 $28,700 $116,300
2015 -- $145,000 $28,700 $116,300
2014 -- $145,000 $28,700 $116,300
Source: Public Records

Agents Affiliated with this Home

  • Paul Pezzimenti

    Seller's Agent in 2025

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    191 in this area

    329 Total Sales

    Paul Pezzimenti
    Section Image
  • Suzanne Cansdale

    Buyer's Agent in 2025

    Suzanne Cansdale

    Century 21 North East

    (716) 515-8740

    3 in this area

    122 Total Sales

    Suzanne Cansdale
    Section Image
See All Agents

Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1577466

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-034-0008-001-000-0000

New York Cattaraugus County Olean 14760

1325 Highland Terrace, Olean, NY

This home is located at 1325 Highland Terrace, Olean, NY 14760 and is currently priced at $190,000, approximately $85 per square foot. This property was built in 1979. 1325 Highland Terrace is a home located in Cattaraugus County with nearby schools including Olean Intermediate-Middle School, Olean Senior High School, and New Life Christian School.

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.

Chautauqua-Cattaraugus Board of REALTORS® 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.

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