$225,000

1618 New York 417 Olean, NY 14760

Estimated payment $1,524/month

Total Views 16,554
2 Beds
1.5 Baths
1,092 Sq Ft
$206 Price per Sq Ft

Highlights

  • 0.99 Acre Lot
  • Home Office
  • Formal Dining Room
  • Main Floor Bedroom
  • Workshop
  • 2 Car Attached Garage

About This Home

Unique Mixed-Use Property – Residential & Commercial Space on One Parcel!

Endless potential awaits with this versatile mixed-use property featuring both a comfortable residence and an established commercial building — all on one parcel!

The residential home is a well-maintained ranch-style house offering 2 bedrooms, 1 full bathroom, a spacious kitchen, cozy living room, and a back deck perfect for relaxing. The home also includes a 2-car garage and a fully fenced backyard, ideal for privacy, pets, or entertaining.

Adjacent to the home is a commercial building currently operating as an automotive shop. This structure includes a retail storefront and 7 service bays, offering ample space for a variety of business uses. Behind the building, you'll find a large fenced-in lot suitable for storage, overflow parking, or future expansion.

Whether you're an investor looking for a strong income property, a business owner seeking live/work flexibility, or someone ready to launch a new venture, this property checks all the boxes.

Listing Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-307-9256 License #10301215129 Listed on: 07/08/2025

Howard Hanna Professionals - Olean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,577

Year Built

  • Built in 1940

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 152x284
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Home Office
  • Workshop
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 046600-094-076-0001-057-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,577

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1940
  • Attribution Contact: 716-307-9256
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Architectural Style: Ranch
  • Flooring: Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Separate/Formal Dining Room, Home Office, Bedroom on Main Level, Workshop
  • Unit Levels: One
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Appliances Negotiable, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.991
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 046600-094-076-0001-057-000-0000
  • Lot Dimensions: 152X284
  • Lot Size Sq Ft: 43168.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3577.0
  • Tax Lot: 57

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 $5,727 $55,500 $9,700 $45,800
2023 $3,336 $55,500 $9,700 $45,800
2022 $3,269 $55,500 $9,700 $45,800
2021 $3,247 $55,500 $9,700 $45,800
2020 $3,282 $55,500 $9,700 $45,800
2019 $2,055 $55,500 $9,700 $45,800
2018 $3,272 $55,500 $9,700 $45,800
2017 $2,978 $55,500 $9,700 $45,800
2016 $3,607 $66,700 $9,700 $57,000
2015 -- $66,700 $9,700 $57,000
2014 -- $66,700 $9,700 $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $225,000 -- $206 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Deed $60,000 --
Deed $60,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- None Available
Source: Public Records

About the Listing Agent

Regis Handley

Listing by Howard Hanna Professionals - Olean

(585) 946-8705

Section Image

With over a decade of experience in residential, commercial, and multi-family real estate across Western New York and Northern Pennsylvania, I bring deep market knowledge, strong negotiation skills, and a hands-on approach to every transaction. Whether you're buying your first home, selling an investment property, or relocating your business, I provide personalized service and clear communication every step of the way. Backed by Howard Hanna and a strong local network, I'm committed to getting

Regis' Other Listings

  • 217 King St, Olean, NY 14760

    $474,000

    • 5 Beds
    • 2 Baths
    • 2,196 Sq Ft
    • 217 King St
    • Olean, NY

    Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties consisting of a mix of multi-family homes, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid,

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 753 Garden Ave Unit 55, Olean, NY 14760

    $474,000

    • 6 Beds
    • 2 Baths
    • 3,328 Sq Ft
    • 753 Garden Ave
    • Unit 55
    • Olean, NY

    Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties consisting of a mix of multi-family and single-family homes, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 483 Vermont St, Olean, NY 14760

    $229,000

    • 4 Beds
    • 2 Baths
    • 1,952 Sq Ft
    • 483 Vermont St
    • Olean, NY

    Welcome to this charming 4-bedroom, 2-bathroom home located in the desirable Seneca Heights neighborhood. With 1,952 square feet of living space, this home offers a perfect blend of character, comfort, and modern updates. The first floor features newly refinished hardwood floors and a spacious living room complete with a gas fireplace, built-in shelving, and a sliding glass door that opens to the

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 119 W Green St, Olean, NY 14760

    $84,700 Pending

    • 2 Beds
    • 1 Bath
    • 1,278 Sq Ft
    • 119 W Green St
    • Olean, NY

    Nestled in the heart of Olean, NY, this charming 2-bedroom, 1-bathroom home is a perfect blend of comfort and convenience. The spacious living room welcomes you with natural light, while the adjoining dining room offers a cozy space for family meals or entertaining guests. The kitchen is designed for functionality, featuring ample cabinetry and counter space. An additional family room provides

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 125 N 3rd St, Olean, NY 14760

    $474,000

    • 5 Beds
    • 2 Baths
    • 3,001 Sq Ft
    • 125 N 3rd St
    • Olean, NY

    Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties, consisting of a mix of multi-family units, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers seeking a solid,

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 108 N 4th St, Olean, NY 14760

    $87,900

    • 4 Beds
    • 2 Baths
    • 2,388 Sq Ft
    • 108 N 4th St
    • Olean, NY

    Excellent investment opportunity or perfect for owner-occupancy! This well-maintained 2,388 sq ft two-unit property is ideally located near downtown Olean, offering easy access to shopping, dining, schools, parks, and other local amenities. Each unit features 2 bedrooms, 1 full bathroom, spacious living and dining areas, and separate utilities for tenant convenience. On-street parking is

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 829 S Union St, Olean, NY 14760

    $129,900

    • 3 Beds
    • 1 Bath
    • 1,322 Sq Ft
    • 829 S Union St
    • Olean, NY

    Welcome to 829 S Union St, a charming 3-bedroom, 1-bathroom home conveniently located in the heart of Olean. The inviting covered front porch offers a perfect spot to enjoy your morning coffee or relax after a long day. Inside, the first floor features a cozy family room, a bright living room, and an eat-in kitchen with plenty of space for gatherings. A full bathroom is also located on the main

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 901 W Henley St, Olean, NY 14760

    $149,000

    • 4 Beds
    • 1.5 Baths
    • 1,916 Sq Ft
    • 901 W Henley St
    • Olean, NY

    Welcome to this newly updated home in West Olean! This spacious property has been thoughtfully renovated with all the right updates including brand-new flooring, fresh interior paint, updated plumbing and electric, and modern fixtures throughout. The stylish kitchen has been completely remodeled with new cabinetry, countertops, and appliances, and the bathrooms have been tastefully updated as

    Regis Handley Howard Hanna Professionals - Olean

    Section Image
  • 206 S 13th St, Olean, NY 14760

    $474,000

    • 3 Beds
    • 2 Baths
    • 2,464 Sq Ft
    • 206 S 13th St
    • Olean, NY

    Seize this incredible opportunity to acquire a well-maintained, income-generating real estate portfolio in Olean, NY. This package includes seven properties consisting of a mix of multi-family and single-family homes, totaling 11 rental units. With a strong rental history and consistent cash flow, this portfolio is perfect for both seasoned investors looking to expand their holdings and newcomers

    Regis Handley Howard Hanna Professionals - Olean

    Section Image

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1620941

Chautauqua-Cattaraugus Board of REALTORS®

APN: 046600-094-076-0001-057-000-0000