$74,500
$5K PRICE DROP

507 E Connell St Olean, NY 14760

Estimated payment $667/month

Total Views 22,948
5 Beds
1 Bath
2,000 Sq Ft
$37 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Sun or Florida Room
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Den
  • Laundry Room

About This Home

Step back in time with this spacious 5-bedroom, 1-bathroom home, brimming with character and waiting for your personal touch! Inside, you'll find generously sized rooms, a large kitchen with plenty or space for an eat-in. The full bathroom is centrally located off the kitchen with a newer walk-in shower. Living room, office and bedroom or space for whatever you need. Laundry is conveniently located on the first floor.Nice carport. Metal roof, vinyl siding, newer windows, and new hot water tank takes away from having to do those major updates.Sitting on a nice-sized lot, the backyard offers room for a garden, entertaining, or expansion. While this home needs some TLC, it's an incredible opportunity for investors, DIY enthusiasts, or anyone looking to restore a piece of history.

Listing Agent

Kelly Patrone

Listing by Howard Hanna Professionals Brokerage Phone: 716-353-3222 License #30PA0967867

Howard Hanna Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1890

Lot Details

  • 8,050 Sq Ft Lot
  • Lot Dimensions are 46x175
  • Rectangular Lot
  • Historic Home

Parking

  • 1 Car Garage
  • Carport
  • Driveway

Home Design

  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Den
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

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

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 041200-094-033-0001-025-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1890
  • Attribution Contact: 716-353-3222
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Take N Union extension and go over the railroad tracks. Take right onto E Connell.
  • Architectural Style: Historic/Antique, Two Story
  • Carport Y N: Yes
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Den, Eat-in Kitchen, Separate/Formal Living Room, Bedroom on Main Level
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Fuses
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1848
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Carport

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: 041200-094-033-0001-025-000-0000
  • Lot Dimensions: 46X175
  • Lot Size Sq Ft: 8050.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3024.0
  • Tax Lot: 25

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 $3,328 $56,500 $5,300 $51,200
2023 $1,868 $56,500 $5,300 $51,200
2022 $1,891 $56,500 $5,300 $51,200
2021 $2,220 $56,500 $5,300 $51,200
2020 $1,595 $56,500 $5,300 $51,200
2019 $848 $56,500 $5,300 $51,200
2018 $1,691 $56,500 $5,300 $51,200
2017 $1,831 $56,500 $5,300 $51,200
2016 $3,340 $56,500 $5,300 $51,200
2015 -- $56,500 $5,300 $51,200
2014 -- $56,500 $5,300 $51,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Price Changed $74,500 -4.4% $37 / Sq Ft
03/27/2025 03/27/25 Price Changed $77,900 -2.5% $39 / Sq Ft
02/27/2025 02/27/25 For Sale $79,900 -- $40 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Carl Vahl
Interfamily Deed Transfer -- Carl R. Vahl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $65,450 Balloon
Closed $45,000 Unknown
Source: Public Records

Similar Homes in Olean, NY

  • 508 Ho Sta Geh Rd, Olean, NY 14760

    $75,000

    • 3 Beds
    • 1 Bath
    • 1,096 Sq Ft
    • 508 Ho Sta Geh Rd
    • Olean, NY

    If you are looking for a blank slate to truly make your own! This 3-bedroom. 1 bath house in a country setting could be the answer! This charming house has front and back porches and a balcony off the primary bedroom. It also has an oversized 2 car garage with an electric door opener and shop/storage space. The house has been gutted down to the studs and is ready for you to design your dream

    Patricia Collier RE/MAX On Point

    Section Image
  • 219 E Oak St, Olean, NY 14760

    $69,900

    • 3 Beds
    • 1.5 Baths
    • 1,396 Sq Ft
    • 219 E Oak St
    • Olean, NY

    Welcome to this charming 3-bedroom, 1.5-bathroom two-story home! The spacious layout features a large kitchen, a cozy dining room, and a bright living room, perfect for family gatherings. Enjoy the convenience of a full bathroom on the first floor. Step outside to a generous backyard with a deck, ideal for outdoor entertaining. The property also includes a one-car garage with additional space for

    George Frankford Howard Hanna Professionals

    Section Image
  • 324 N 5th St, Olean, NY 14760

    $89,900

    • 4 Beds
    • 2 Baths
    • 1,714 Sq Ft
    • 324 N 5th St
    • Olean, NY

    Looking for a place with a little extra room and a great vibe? This 3–4 bedroom, 2 bath home might be just what you’re after. There’s space to spread out, whether you need a home office, guest room, or just want that extra bedroom to finally have a place for your stuff.The kitchen’s got a walk-in pantry (because who doesn’t need more snack storage?), and the **back deck is perfect for

    Paul Pezzimenti Howard Hanna Professionals

    Section Image
  • 124 N 11th St, Olean, NY 14760

    $89,000

    • 3 Beds
    • 1 Bath
    • 1,196 Sq Ft
    • 124 N 11th St
    • Olean, NY

    Newly remodeled 3 bedroom house conveniently located close to stores and restaurants! This house has mostly wood floors throughout and many new windows. Main bedroom has a large room that could be used as a walk in closet or a nursery - depending on your needs! The large deck off the back of the house can be accessed through the kitchen or the sliding glass doors in the dining room. It

    Rebecca Laborde Premier Listings Real Estate

    Section Image
  • 118 N 11th St, Olean, NY 14760

    $74,900

    • 4 Beds
    • 1.5 Baths
    • 1,314 Sq Ft
    • 118 N 11th St
    • Olean, NY

    Discover this well-maintained 4-bedroom, 1.5-bathroom home located within the City of Olean. With two spacious bedrooms on the first floor and two more upstairs, the layout offers flexibility to suit a variety of needs. A full bathroom is conveniently located on the main level, with a half bath on the second floor. The home features a durable metal roof that’s only six years old and an updated

    Ken Bailey Real Estate Pros & More

    Section Image
  • 123 S 12th St, Olean, NY 14760

    $79,900

    • 3 Beds
    • 1.5 Baths
    • 1,312 Sq Ft
    • 123 S 12th St
    • Olean, NY

    This classic 3-bedroom, 1.5-bath home currently covered with carpet, has beautiful hardwood floors underneath and throughout. It also has the charming pocket doors that everyone loves! While the home needs some cosmetic updates to align with your tastes, it offers incredible potential to become the perfect living space, waiting for your personal touch! Walk into the Foyer that opens to the Living

    Claudia Attard-Keary Premier Listings Real Estate

    Section Image
  • 218 S 5th St, Olean, NY 14760

    $69,900

    • 4 Beds
    • 2 Baths
    • 2,050 Sq Ft
    • 218 S 5th St
    • Olean, NY

    4 bedroom 2 bathroom home located in Olean NY. This is a fully functioning home at a great price! High ceilings, Open porch and an eclosed sunroom. With some cosmetic repairs and some TLC this home will be beautiful. This home is over 2,000 square feet, off street parking and a shed. Centrally located in the city of Olean. This home is priced right.

    James Dwaileebe 3D Real Estate LLC

    Section Image
  • 109 S 14th St, Olean, NY 14760

    $85,000

    • 4 Beds
    • 1 Bath
    • 1,630 Sq Ft
    • 109 S 14th St
    • Olean, NY

    Four bedroom home located in the heart of Olean NY. This home offers a great amount of potential and a clean slate to make your own. A fenced in back yard that offers privacy as well as a spacious front porch to enjoy the neighborhood. Be sure to check out this home while it lasts!

    Ashley Taylor Howard Hanna Professionals

    Section Image
  • 213 S Clinton St, Olean, NY 14760

    $69,900

    • 4 Beds
    • 2 Baths
    • 1,902 Sq Ft
    • 213 S Clinton St
    • Olean, NY

    This charming, old-style home has been in the family for 120 years, carrying with it a rich history and timeless character. Featuring four spacious bedrooms and two full baths, the home offers a classic layout with original details that reflect its historic charm. While it has been well-loved over the years, a little TLC will bring out its full potential, making it the perfect opportunity for

    Kelly Patrone Howard Hanna Professionals

    Section Image

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1590550

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-033-0001-025-000-0000