507 Line St Olean, NY 14760
Olean AreaEstimated payment $2,331/month
Highlights
- Primary Bedroom Suite
- Deck
- Wood Flooring
- 2.12 Acre Lot
- Recreation Room
- Main Floor Bedroom
About This Home
Welcome home to this beautifully maintained ranch, where pride of ownership is evident in every detail. From the moment you step onto the inviting front porch, you'll feel the warmth and character this home has to offer. Step inside to gleaming hardwood floors flowing through the main living areas, paired with durable, easy-care ceramic tile in the kitchen and bathroom. A versatile addition was added, currently used as a family room but easily converted to a bedroom. It opens out to a private deck and a fully fenced yard, perfect for relaxing and entertaining. The yard doesn't stop there, stretching out over two additional acres and offering endless possibilities for gardening, recreation, or simply enjoying wide-open space. Downstairs, the finished basement adds serious living space and peace of mind, featuring a second living room or rec room ideal for movie nights, a home gym, or a play area, plus an additional bedroom with direct walk-out access to the outdoors, all backed by a dedicated drainage system with dual sump pumps to keep the space dry and worry-free. Car enthusiasts, hobbyists, and collectors will love the storage this property provides, including an attached one-car garage for everyday convenience, a detached second garage featuring a fantastic workshop, room for another vehicle, and generous storage above, plus an outdoor shed for even more flexibility. Rounding things out, the home offers 200-amp electrical service ready for modern living and future upgrades, central air conditioning for year-round comfort, all stainless steel kitchen appliances, and a charming front porch that's the perfect spot for morning coffee or evening unwinding. This is a rare opportunity to own a home where every major system has been thoughtfully maintained, and every space has been put to good use — all set on a sprawling, private, over-two-acre lot. Homes like this, offering this much space, storage, and care, don't come along often.
Listing Agent
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 07/29/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,199
Year Built
- Built in 1955
Lot Details
- 2.12 Acre Lot
- Lot Dimensions are 100x148
- Property is Fully Fenced
- Corner Lot
- Irregular Lot
Parking
- 2 Car Garage
- Garage Door Opener
- Driveway
Home Design
- Block Foundation
- Aluminum Siding
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 1,736 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Sliding Doors
- Family Room
- Separate Formal Living Room
- Recreation Room
- Laundry Room
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- East View Elementary School
- Olean Middle School
- Olean Senior High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Greenbelt
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 041200-094-067-0003-006-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,866 | $115,000 | $10,000 | $105,000 |
| 2024 | $7,271 | $115,000 | $10,000 | $105,000 |
| 2023 | $4,330 | $115,000 | $10,000 | $105,000 |
| 2022 | $4,392 | $115,000 | $10,000 | $105,000 |
| 2021 | $4,519 | $115,000 | $10,000 | $105,000 |
| 2020 | $3,909 | $115,000 | $10,000 | $105,000 |
| 2019 | $1,726 | $115,000 | $10,000 | $105,000 |
| 2018 | $5,562 | $115,000 | $10,000 | $105,000 |
| 2017 | $3,985 | $115,000 | $10,000 | $105,000 |
| 2016 | $3,917 | $115,000 | $10,000 | $105,000 |
| 2015 | -- | $115,000 | $10,000 | $105,000 |
| 2014 | -- | $115,000 | $10,000 | $105,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $299,900 | -- | $173 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,000 | Unknown | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | Unknown | |
| Closed | $26,000 | Unknown |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1702863
APN: 041200-094-067-0003-006-000-0000
- 328 Tompkins St Unit 3
- 611 W Henley St Unit Furnished Modern 3 B
- 212 St Unit Apartment 207 1/2; U
- 355 Rochester St
- 34 Armstrong St Unit Apartment 34 1/2
- 128 River St Unit Upper
- 126 Wildflower Unit 126 Wildflower
- 21 Elizabeth St Unit SI ID1587980P
- 6374 Ny-242 Unit rear chalet
- 6284 Dublin Hills Rd
- 5535 Pa-155
- 247-251 N Main St
- 1 S Brooklyn Ave
- 9360 Ny-240
Ask me questions while you tour the home.