$425,000
SOLD MAY 9, 2025

2 Red Oak Dr Olean, NY 14760

5 Beds
3 Baths
5,514 Sq Ft
3.9 Acres

Recently Sold

$77 Per Sq Ft

8% Below List Price

325 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • 2 Car Attached Garage
  • 3 Fireplaces
  • Double Oven
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of May 2025

Welcome to this contemporary craftsman home on 3.9 acres and is located on a private cul-de-sac.Welcome to this remarkable 5,514 sq. ft. home in Olean, NY, featuring 5 bedrooms, 3 full baths, and 3 gas fireplaces. Step into the beautiful foyer leading to a formal dining room, then continue to the spacious great room with a cozy fireplace, perfect for entertaining. The gourmet kitchen boasts granite countertops, an island, breakfast bar, induction stove top, double oven, wine cooler, chef’s desk, and a large informal dining area with floor-to-ceiling windows. Off the kitchen, you'll find direct access to both the first-floor laundry and a hot tub room that opens to a double deck overlooking the pond. The main level also includes 2 bedrooms and a full bath. The second floor is dedicated to the primary suite, newly enhanced with a wall of windows that provide privacy and abundant natural light. This suite includes double walk-in closets, a bath with dual vanities, a soaking tub, and a separate shower. It also features a bonus room for crafts or an office, a sitting room with a fireplace overlooking the main level, and a private balcony.

Last Agent to Sell the Property

Karen Herdman

Listing by Landquest Inc. Brokerage Phone: 585.610.0750 License #10401332669 Listed on: 04/04/2024

Last Buyer's Agent

Karen Callahan

Listing by RE/MAX On Point License #10401294365

RE/MAX On Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,289

Year Built

  • Built in 1998

Lot Details

  • 3.9 Acre Lot
  • Lot Dimensions are 800x400
  • Property fronts a private road

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 5,514 Sq Ft Home
  • 1-Story Property
  • 3 Fireplaces
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Propane
  • Radiant Heating System
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 046600-094-002-0001-041-004-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,289

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1998
  • Attribution Contact: 585.610.0750
  • Road Frontage Type: Private Road
  • Directions: From Olean, Main Street to right on Genesee St., continue onto Windfall Rd., left on Red Oak Drive.
  • Architectural Style: Contemporary
  • Flooring: Carpet, Ceramic Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Breakfast Bar, Entrance Foyer, Granite Counters, Kitchen Island
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Microwave, Propane Water Heater, Trash Compactor, Wine Cooler, Washer
  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 15
  • Stories: 1

Exterior Features

  • Acres: 3.9
  • Waterfront: No
  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Blacktop Driveway, Propane Tank - Owned
  • Foundation Details: Block

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Propane, Radiant
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 046600-094-002-0001-041-004-0000
  • Lot Dimensions: 800X400
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 1, 2025
Sold by
Schachner Samantha
Bought by
Stinnett John and Stinnett Devyn
Seller's Agent
Karen Herdman
Landquest Inc.
Buyer's Agent
Karen Callahan
RE/MAX On Point
List Price
$459,900
Sold Price
$425,000
Premium/Discount to List
-$34,900
-7.59%
Total Days on Market
325
Views
967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
186.39%

Purchase Details

Listed on
Jul 3, 2021
Closed on
Oct 15, 2021
Sold by
Terhaar Peter J and Terhaar Jennifer J
Bought by
Schachner Samantha
Seller's Agent
Claudia Attard-Keary
Premier Listings Real Estate
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$442,500
Sold Price
$437,000
Premium/Discount to List
-$5,500
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%
Original Mortgage
$150,000
Interest Rate
2.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 14, 2002
Sold by
Magro Charles
Bought by
Terhaar Peter A

Purchase Details

Closed on
Feb 5, 1999
Sold by
Magro Charles and Magro Patricia
Bought by
Magro Charles and Magro Patricia

Purchase Details

Closed on
Dec 2, 1998
Sold by
Magro Charles and Magro Patricia
Bought by
Magro Charles and Magro Patricia
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 $425,000 None Available
Warranty Deed $437,000 None Available
Deed $345,000 Daniel A Derose
Deed $345,000 Daniel A Derose
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 Unknown
Previous Owner $4,767 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $425,000 -4.5% $77 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $445,000 -3.2% $81 / Sq Ft
04/04/2024 04/04/24 For Sale $459,900 +5.2% $83 / Sq Ft
11/13/2021 11/13/21 Sold $437,000 -1.2% $109 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $442,500 -- $110 / Sq Ft
Source: Cortland County 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 $17,165 $271,000 $35,000 $236,000
2023 $16,288 $271,000 $35,000 $236,000
2022 $15,964 $271,000 $35,000 $236,000
2021 $15,854 $271,000 $35,000 $236,000
2020 $16,025 $271,000 $35,000 $236,000
2019 $7,676 $271,000 $35,000 $236,000
2018 $15,300 $271,000 $35,000 $236,000
2017 $13,880 $271,000 $35,000 $236,000
2016 $13,731 $271,000 $35,000 $236,000
2015 -- $271,000 $35,000 $236,000
2014 -- $325,000 $35,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1529952

Cortland County Board of REALTORS®

APN: 046600-094-002-0001-041-004-0000