$265,000
SOLD SEP 26, 2025

1501 Windfall Rd Olean, NY 14760

3 Beds
2 Baths
1,952 Sq Ft
3.47 Acres

Recently Sold

$136 Per Sq Ft

11% Below List Price

34 Days on Market

Highlights

  • 3.47 Acre Lot
  • Recreation Room
  • Den
  • Deck
  • Wooded Lot
  • Formal Dining Room

About This Home

As of September 2025

This well-maintained home offers one of the best views in the area, overlooking the City of Olean and the beautiful surrounding valley. The home features a spacious primary bedroom complete with an en-suite bathroom and walk-in closet. In addition, there are two more bedrooms and a full bathroom, providing plenty of space for family or guests.

Convenience is key with a first-floor laundry area, making everyday chores easier. The large basement offers endless possibilities—perfect for creating a recreation room, home gym, or additional living space.

Step outside to the covered rear deck and enjoy breathtaking panoramic views of the valley below. An attached two-car garage provides secure parking, while a separate shed offers extra storage for tools and equipment.

This home truly combines comfort, functionality, and stunning scenery.

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-3953 License #40DW0994003 Listed on: 06/24/2025

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,093

Year Built

  • Built in 1991

Lot Details

  • 3.47 Acre Lot
  • Lot Dimensions are 197x747
  • Rectangular Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Formal Dining Room
  • Den
  • Recreation Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

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

  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 046600-094-002-0001-042-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,093

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1991
  • Attribution Contact: 716-378-3953
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Wooded
  • Directions: On south side of Windfall Road.
  • Architectural Style: Ranch
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen, Sliding Glass Door(s), Main Level Primary
  • Unit Levels: One
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 3.465
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Deck, Propane Tank - Leased
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

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

Utilities

  • Heating: Propane, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

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: 046600-094-002-0001-042-004-0000
  • Lot Dimensions: 197X747
  • Lot Size Sq Ft: 145926.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7093.0
  • Tax Lot: 42

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2025
Closed on
Sep 15, 2025
Sold by
John E Derx Ret and Derx
Bought by
Cledgett Nancy L and Cledgett Stephen
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Mar 7, 2016
Sold by
Derx John
Bought by
Living Trust The John E Derx Revocable

Purchase Details

Closed on
Feb 5, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 --
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Sold $265,000 -11.4% $136 / Sq Ft
07/28/2025 07/28/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $299,000 -- $153 / 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 $11,819 $110,000 $20,300 $89,700
2023 $6,452 $110,000 $20,300 $89,700
2022 $6,312 $110,000 $20,300 $89,700
2021 $6,435 $110,000 $20,300 $89,700
2020 $4,687 $110,000 $20,300 $89,700
2019 $1,782 $110,000 $20,300 $89,700
2018 $4,644 $110,000 $20,300 $89,700
2017 $4,116 $110,000 $20,300 $89,700
2016 $4,043 $110,000 $20,300 $89,700
2015 -- $110,000 $20,300 $89,700
2014 -- $110,000 $20,300 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1617531

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-094-002-0001-042-004-0000