$150,000
PENDING $50K PRICE DROP

223 S 7th St Olean, NY 14760

Estimated payment $1,092/month

Total Views 43,973
3 Beds
1.5 Baths
1,786 Sq Ft
$84 Price per Sq Ft

Highlights

  • Wood Flooring
  • Home Office
  • Forced Air Heating System
  • Separate Formal Living Room
  • Patio
  • Rectangular Lot

About This Home

Well-maintained 1920 Craftsman-style home located on a .3-acre double lot in the city of Olean. This 3-bedroom, 1.5-bath property offers 1,786 sq ft of living space with original hardwood floors, natural woodwork, and a formal dining room. The main level includes a spacious living area, updated kitchen with breakfast bar and open shelving, and a half bath. Upstairs features three bedrooms and a full bath. Unfinished basement provides additional storage and utility space.

Exterior features include a large fenced yard, patio area, covered front porch, and storage shed. Off-street parking via rear driveway. Centrally located near downtown Olean, parks, and local amenities.

Listing Agent

Brad Johnson

Listing by EXP-Premier Listings Team Brokerage Phone: 716-397-8494 License #10401379585 Listed on: 05/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50x128
  • Partially Fenced Property
  • Rectangular Lot
  • 041200-094-072-0003-036-000-0000

Home Design

  • Block Foundation

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Home Office
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 041200-094-072-0003-037-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,550

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • Attribution Contact: 716-397-8494
  • Lot Features: Other, Rectangular, Rectangular Lot, See Remarks
  • Directions: From W State St, turn onto S 7th St,
  • Architectural Style: Two Story
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Separate/Formal Living Room, Home Office, Other, See Remarks, Convertible Bedroom
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Fence, Gravel Driveway, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-072-0003-037-000-0000
  • Lot Dimensions: 50X128
  • Lot Size Sq Ft: 6400.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 041200-094-072-0003-036-000-0000

Tax Info

  • Tax Annual Amount: 3550.0
  • Tax Lot: 37

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 $2,473 $65,500 $4,200 $61,300
2023 $2,466 $65,500 $4,200 $61,300
2022 $2,502 $65,500 $4,200 $61,300
2021 $2,554 $65,000 $4,200 $60,800
2020 $2,572 $65,000 $4,200 $60,800
2019 $976 $65,000 $4,200 $60,800
2018 $2,865 $65,000 $4,200 $60,800
2017 $1,959 $65,000 $4,200 $60,800
2016 $1,912 $65,000 $4,200 $60,800
2015 -- $65,000 $4,200 $60,800
2014 -- $65,000 $4,200 $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2025 09/11/25 Pending -- -- --
09/08/2025 09/08/25 Price Changed $150,000 -16.6% $84 / Sq Ft
08/02/2025 08/02/25 Price Changed $179,900 -2.8% $101 / Sq Ft
06/09/2025 06/09/25 Price Changed $185,000 -7.5% $104 / Sq Ft
05/23/2025 05/23/25 For Sale $199,900 +166.5% $112 / Sq Ft
02/22/2019 02/22/19 Sold $75,000 -16.6% $42 / Sq Ft View Prior Sale
01/12/2019 01/12/19 Pending -- -- --
10/01/2018 10/01/18 For Sale $89,900 -- $50 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $75,000 None Available
Deed $75,000 None Available
Deed $65,000 J. Michael Shane
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $73,641 FHA
Closed $73,641 FHA
Previous Owner $52,000 Purchase Money Mortgage
Source: Public Records

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1608935

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-072-0003-037-000-0000