$238,500
SOLD APR 1, 2025

544 2nd Ave Olean, NY 14760

5 Beds
3 Baths
2,360 Sq Ft
7,475 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

5% Below List Price

83 Days on Market

Highlights

  • Indoor Spa
  • Maid or Guest Quarters
  • 2 Fireplaces
  • Garage Apartment
  • Deck
  • Separate Formal Living Room

About This Home

As of April 2025

Discover comfortable living in this inviting four-bedroom home, thoughtfully designed for both relaxation and practicality. The heart of the home is a spacious kitchen with a large island, ideal for meal prep, family dinners, and hosting friends. Adjacent is a cozy living area complete with a gas insert fireplace and a wood stove on the other side in the storage/mudroom, adding warmth and charm. Then in the summer months you have central AC to keep you nice and cool!

Step outside to find a covered back deck spanning over 500 sq ft—perfect for enjoying the outdoors year-round. Unwind in the hot tub or set up a comfortable spot for evening gatherings; this deck is made for easy living.

This home also includes two full bathrooms, first-floor laundry, and an expansive garage with plenty of storage. The standout feature? A well-equipped garage apartment, ready to accommodate a tenant or offer a private space for a relative. This flexible setup can provide rental income or serve as a convenient guest suite.

Practical yet spacious, this home has everything you need, from comfort to versatility. Don’t miss out on making it yours!

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 11/08/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Janna Davis

Listing by ERA Team VP Real Estate License #10401323321

ERA Team VP Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,262

Year Built

  • Built in 1890

Lot Details

  • 7,475 Sq Ft Lot
  • Lot Dimensions are 57x130
  • Property is Fully Fenced
  • Rectangular Lot
  • Historic Home

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Driveway

Home Design

  • Stone Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Indoor Spa
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Schools

  • East View Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 041200-094-050-0001-005-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,262

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1890
  • Attribution Contact: 716-378-7039
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Main St, turn onto Genesee St, the property is on the corner of 2nd Ave and Genesee
  • Architectural Style: Historic/Antique
  • Flooring: Carpet, Luxury Vinyl, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Guest Accommodations, Hot Tub/Spa, Pantry
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Acres: 0.1716
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck, Fully Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air, Wood
  • 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: 041200-094-050-0001-005-000-0000
  • Lot Dimensions: 57X130
  • Lot Size Sq Ft: 7475.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4262.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Mar 28, 2025
Sold by
Le-Nguyen Chi T
Bought by
Goodwill James
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Janna Davis
ERA Team VP Real Estate
List Price
$249,900
Sold Price
$238,500
Premium/Discount to List
-$11,400
-4.56%
Views
142
Current Estimated Value
$236,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,450
Avg. Annual Appreciation
-1.42%
Original Mortgage
$238,500
Outstanding Balance
$237,486
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
-$1,436

Purchase Details

Listed on
Sep 9, 2016
Closed on
Dec 20, 2016
Sold by
Roosa Kyle W and Roosa Christina
Bought by
Nguyen Chi Thi Le
Seller's Agent
Kelly Patrone
Howard Hanna Professionals - Olean
Buyer's Agent
Merilyn Mang
No Office Affiliation
List Price
$134,500
Sold Price
$121,000
Premium/Discount to List
-$13,500
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Apr 9, 2010
Sold by
Vandixon Glenn
Bought by
Roosa Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $238,500 None Available
Deed $121,000 Brian Palumbo
Deed $125,000 Daniel A Drpse
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,500 VA
Previous Owner $118,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold $238,500 +3.7% $101 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
12/30/2024 12/30/24 Price Changed $229,900 -8.0% $97 / Sq Ft
11/08/2024 11/08/24 For Sale $249,900 +106.5% $106 / Sq Ft
12/21/2016 12/21/16 Sold $121,000 -10.0% $70 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $134,500 -- $77 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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 $5,058 $80,000 $5,500 $74,500
2023 $3,012 $80,000 $5,500 $74,500
2022 $3,055 $80,000 $5,500 $74,500
2021 $3,144 $80,000 $5,500 $74,500
2020 $3,166 $80,000 $5,500 $74,500
2019 $1,201 $80,000 $5,500 $74,500
2018 $4,315 $80,000 $5,500 $74,500
2017 $5,540 $80,000 $5,500 $74,500
2016 $2,513 $80,000 $5,500 $74,500
2015 -- $80,000 $5,500 $74,500
2014 -- $80,000 $5,500 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1576661

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0001-005-000-0000