Seller's Agent in 2025
Travis Thurston
Landquest Inc.
(585) 386-9413
12 in this area
310 Total Sales
This house, barn, and garage sit on 4.85 acres includes Free Gas and has amazing hillside views in Olean NY, Cattaraugus County. The home’s first story has a large open kitchen, 1 bedroom, 1 full bathroom, 2 living rooms, and 2 mudroom entrances. The second story has 3 bedrooms, 1 full bathroom, and a living room area. The attic is unfinished but big enough to create additional living space. The walk-in basement is unfinished but holds the furnace, hot water tank, and plenty of room for storage. The house has a well but also has connectivity to the Olean City water. The house was built with the city water, and the barn was built with the well. The outbuildings include a 40 x 30 stable barn which has a workshop and 4 stalls for horses or other animals, and a 40 x 25 workshop-storage area. All the outbuildings have electric. The special circumstance of this property is that it comes with free gas off leased gas wells not from the property. The new owner will sign off on receiving the free gas at closing. The property is located in a flood zone as it sits across the street from the Allegheny River. This would require flood insurance if it is going to be financed. The property has 300 feet of road frontage. The driveway is shared by the Olean City Water Department which is the neighbor to the west. The property has so much potential to either be a homestead, a small farm, or a recreational paradise. Located just minutes outside of Olean for all the necessities. Don’t let this opportunity get away! Surface rights convey. Located approximately 3 minutes to downtown Olean NY, 27 minutes to Salamanca NY, 35 minutes to Ellicottville NY and Rushford NY, 1 hour 28 minutes to Buffalo NY, and 1 hour 50 minutes to Rochester NY.
Last Agent to Sell the Property
Listing by Landquest Inc. Brokerage Phone: 585.386.9413 License #10301222583 Listed on: 06/12/2025
Last Buyer's Agent
Listing by Landquest Inc. Brokerage Phone: 585.386.9413 License #10301222583 Listed on: 06/12/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Sold | $180,000 | -7.6% | $60 / Sq Ft |
| 08/25/2025 08/25/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | For Sale | $194,900 | 0.0% | $65 / Sq Ft |
| 07/27/2025 07/27/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | Price Changed | $194,900 | -22.0% | $65 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $249,900 | -- | $84 / Sq Ft |
| 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 | $9,189 | $84,500 | $5,500 | $79,000 |
| 2023 | $5,072 | $84,500 | $5,500 | $79,000 |
| 2022 | $4,985 | $84,500 | $5,500 | $79,000 |
| 2021 | $4,852 | $84,500 | $5,500 | $79,000 |
| 2020 | $4,222 | $84,500 | $5,500 | $79,000 |
| 2019 | $1,931 | $84,500 | $5,500 | $79,000 |
| 2018 | $4,221 | $84,500 | $5,500 | $79,000 |
| 2017 | $3,796 | $84,500 | $5,500 | $79,000 |
| 2016 | $3,838 | $84,500 | $5,500 | $79,000 |
| 2015 | -- | $84,500 | $5,500 | $79,000 |
| 2014 | -- | $84,500 | $5,500 | $79,000 |
Seller's Agent in 2025
Travis Thurston
Landquest Inc.
(585) 386-9413
12 in this area
310 Total Sales
Source: Cortland County Board of REALTORS®
MLS Number: S1614676
APN: 046600-103-002-0002-015-002-0000