$394,900
$105K PRICE DROP

1902 E River Rd Olean, NY 14760

Estimated payment $2,723/month

Total Views 63,297
4 Beds
2 Baths
2,976 Sq Ft
$133 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Farmhouse Style Home
  • Circular Driveway
  • 38.5 Acre Lot
  • Workshop
  • Forced Air Heating System

About This Home

Spacious 2,976 sq. ft. home with 4 bedrooms, 2 full bathrooms, and multiple outbuildings on 38.5 acres in Olean NY. The home's 1st story has a large open kitchen, 1 bedroom, 1 full bathroom, 2 living rooms, and 2 mudroom entrances. 2nd story has 3 bedrooms, 1 full bathroom, and a living room area. Attic is unfinished but big enough to create additional living space. Walk-in basement is unfinished but holds the furnace, hot water tank, and plenty of room for storage. House has a well but also has connectivity to the Olean City water. House was built with the city water, and the barn was built with the well.  The outbuildings include a 100 x 40 Quonset Barn with concrete floor which is in immaculate condition, 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 farmland, approximately 30 acres, is currently leased and can continue to be leased if the new owner desires. Comes with free gas off leased gas wells not from the property. New owner will sign off on receiving the free gas at closing. Located in a flood zone as it sits across the street from the Allegheny River.

Listing Agent

Travis Thurston

Listing by Landquest Inc. Brokerage Phone: 585.386.9413 License #10401317573

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,271

Year Built

  • Built in 1920

Lot Details

  • 38.5 Acre Lot
  • Lot Dimensions are 1140x920
  • Irregular Lot

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Workshop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Circular Driveway
  • Gravel Driveway

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 046600-103-002-0002-015-002-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,271

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Attribution Contact: 585.386.9413
  • Horses: Yes
  • Lot Features: Irregular Lot
  • Directions: From RT16 turn onto York St., left on E. River Rd., property is on the left.
  • Architectural Style: Farmhouse, Two Story
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Living/Dining Room, Workshop
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, See Remarks, Water Heater, Washer
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 12
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 38.5
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage, Circular Driveway, Driveway

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: 046600-103-002-0002-015-002-0000
  • Horse Amenities: Horses Allowed
  • Lot Dimensions: 1140X920
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6271.0

Map

Range of Values:

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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 $9,090 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Price Changed $394,900 -21.0% $133 / Sq Ft
10/29/2024 10/29/24 For Sale $499,900 -- $168 / Sq Ft
Source: Cortland County Board of REALTORS®

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Source: Cortland County Board of REALTORS®

MLS Number: S1574930

Cortland County Board of REALTORS®

APN: 046600-103-002-0002-015-002-0000