$70,000
SOLD JUN 18, 2026

512 N 7th St Olean, NY 14760

Olean Area
2 Beds
1.5 Baths
1,248 Sq Ft
6,400 Sq Ft Lot

Sale Details

Date Sold: June 18, 2026

$56 Per Sq Ft

11% Below List Price

609 Days on Market

Highlights

  • Separate Formal Living Room
  • Forced Air Heating System
  • Carpet
  • Eat-In Kitchen

About This Home

As of June 2026

Investment Property ck out this two bedroom home .

Last Agent to Sell the Property

John Dwaileebe

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-3953 License #40DW0994003 Listed on: 08/26/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Holly Whitcomb

Listing by Howard Hanna Professionals - Ellicottville License #10401356011

Howard Hanna Professionals - Ellicottville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1900

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 50x128

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 041200-094-048-0002-020-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,069

Year Built

Built in 1900

Lot Details

6,400 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1900
  • Attribution Contact: 716-378-3953
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Take a right off Wayne Street
  • Architectural Style: Two Story
  • Flooring: Carpet, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Eat-in Kitchen, Separate/Formal Living Room
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1469
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block

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: 041200-094-048-0002-020-000-0000
  • Lot Dimensions: 50X128
  • Lot Size Sq Ft: 6400.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2069.0
  • Tax Lot: 20

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Jun 5, 2026
Sold by
Bought by
Seller's Agent
John Dwaileebe
Howard Hanna Professionals - Olean
Buyer's Agent
Holly Whitcomb
Howard Hanna Professionals - Ellicottville
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%
Views
367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.08%

Purchase Details

Closed on
May 14, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
3.84%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Warranty Deed $70,000 --
Interfamily Deed Transfer -- --
Source: Public Records

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 $37,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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
06/18/2026 06/18/26 Sold $70,000 -6.5% $56 / Sq Ft
04/27/2026 04/27/26 Pending -- -- --
10/27/2025 10/27/25 Price Changed $74,900 -5.2% $60 / Sq Ft
09/09/2025 09/09/25 Price Changed $79,000 0.0% $63 / Sq Ft
09/09/2025 09/09/25 For Sale $79,000 +12.9% $63 / Sq Ft
08/18/2025 08/18/25 Off Market $70,000 -- --
05/01/2025 05/01/25 Price Changed $64,000 -19.9% $51 / Sq Ft
02/24/2025 02/24/25 Price Changed $79,900 -10.7% $64 / Sq Ft
02/24/2025 02/24/25 For Sale $89,500 +27.9% $72 / Sq Ft
12/03/2024 12/03/24 Off Market $70,000 -- --
10/04/2024 10/04/24 Price Changed $89,500 -8.7% $72 / Sq Ft
08/26/2024 08/26/24 For Sale $98,000 -- $79 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $1,477 $38,500 $4,200 $34,300
2024 $2,434 $38,500 $4,200 $34,300
2023 $1,449 $38,500 $4,200 $34,300
2022 $1,470 $38,500 $4,200 $34,300
2021 $1,513 $38,500 $4,200 $34,300
2020 $1,523 $38,500 $4,200 $34,300
2019 $578 $38,500 $4,200 $34,300
2018 $2,077 $38,500 $4,200 $34,300
2017 $1,561 $38,500 $4,200 $34,300
2016 $1,544 $38,500 $4,200 $34,300
2015 -- $38,500 $4,200 $34,300
2014 -- $38,500 $4,200 $34,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1561381

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-048-0002-020-000-0000

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