$270,000
SOLD JUL 11, 2025

512 W Sullivan St Olean, NY 14760

6 Beds
2 Baths
2,722 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

18% Below List Price

66 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Separate Formal Living Room
  • Wood Flooring
  • 1 Fireplace
  • Bonus Room

About This Home

As of July 2025

JUST REDUCED!!!!An absolutely stunning, extremely well maintained, home in the Historic District! Tons of curb appeal with perennial gardens surrounding the property, and flower boxes on the first-floor windows to make it feel welcoming! For outdoor entertaining you have your choice of a covered front porch or the private courtyard in the back! There is a basketball hoop hung from the 2-car garage. Once inside this 3- story home featuring 6 bedrooms and 2 bathrooms you will never want to leave! The whole 4 story home has exquisite hard wood floors, large bright windows that let the sun stream in, high ceilings, ceiling fans, crown molding, beautiful built-ins and tons of space! On the first floor you enter a huge foyer/sitting room that currently was used as a music room, it is large enough to easily hold a baby grand piano! The large living room is centered around a wood burning fireplace with lots of space to entertain! The formal dining room features an oversized leaded glass window flanked by matching built in china cabinets. The kitchen is a chef's dream, it has tons of cabinetry and counters as well as double wall ovens and every amenity you could hope for in this custom kitchen! The breakfast room features a whole wall of cabinets for your entertaining needs and the built-in seating opens for additional storage! There is also a bathroom with a clawfoot tub and a bedroom on the first floor! You have 2 staircases leading to the second floor! The primary bedroom has 2 closets and plenty of space for large furniture! There is a breathtaking bathroom with stunning tilework, and 3 additional bedrooms on this floor. The back bedroom even has a cedar closet off the main closet for out of season clothing storage! On the third floor you will find a large bonus room, and the 6th bedroom which is a true showstopper! It features custom cabinetry, skylights and a vaulted ceiling! There is an attic area as well for storage! In the full basement you will find the laundry room, storage room, workshop space and an area that was used as a game room! No delayed showings or negotiations, showings start immediately.

Last Agent to Sell the Property

Patricia Collier

Listing by RE/MAX On Point Brokerage Phone: 716-373-7325 License #10401295212 Listed on: 03/14/2025

RE/MAX On Point

Last Buyer's Agent

Claudia Attard-Keary

Listing by EXP-Premier Listings Team License #40AT1023399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1875

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Partially Fenced Property
  • Rectangular Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone Foundation

Interior Spaces

  • 2,722 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 041200-094-056-0008-016-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,156

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1875
  • Attribution Contact: 716-373-7325
  • ResoLaundryFeatures: In Basement
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: North Union to W Sullivan - Past the high school, house is 3rd on right
  • Architectural Style: Historic/Antique, Traditional
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Breakfast Area, Cedar Closet(s), Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room, Kitchen Island, Bedroom on Main Level
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 14
  • Stories: 3
  • Stories: 3

Exterior Features

  • Fencing: Partial
  • Acres: 0.1377
  • Waterfront: No
  • Construction Type: Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Other, See Remarks
  • Exterior Features: Blacktop Driveway, Fence
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage, Storage, Garage Door Opener

Utilities

  • Heating: Gas, Hot Water, Radiator(s), Steam
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-056-0008-016-000-0000
  • Lot Dimensions: 50X120
  • Lot Size Sq Ft: 6000.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6156.0
  • Tax Lot: 16

MLS Schools

  • Elementary School: Washington West Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Jun 24, 2025
Sold by
Marks A M
Bought by
Shumway Loran D and Shumway Brooke M
Seller's Agent
Patricia Collier
RE/MAX On Point
Buyer's Agent
Claudia Attard-Keary
EXP-Premier Listings Team
List Price
$329,000
Sold Price
$270,000
Premium/Discount to List
-$59,000
-17.93%
Views
1640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%
Original Mortgage
$316,000
Outstanding Balance
$315,733
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$36,963
Source: Public Records

Range of Values:

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List Price
Sold Price
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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 $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $270,000 -6.6% $99 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $289,000 -12.2% $106 / Sq Ft
03/14/2025 03/14/25 For Sale $329,000 -- $121 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $2,914 $115,000 $4,100 $110,900
2023 $4,330 $115,000 $4,100 $110,900
2022 $4,392 $115,000 $4,100 $110,900
2021 $4,519 $115,000 $4,100 $110,900
2020 $3,122 $115,000 $4,100 $110,900
2019 $1,726 $115,000 $4,100 $110,900
2018 $4,776 $115,000 $4,100 $110,900
2017 $3,185 $115,000 $4,100 $110,900
2016 $3,148 $115,000 $4,100 $110,900
2015 -- $115,000 $4,100 $110,900
2014 -- $115,000 $4,100 $110,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1593190

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-056-0008-016-000-0000