$129,900

702 Prospect Ave Olean, NY 14760

Estimated payment $967/month

Total Views 485
2 Beds
1 Bath
888 Sq Ft
$146 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Laundry Room
  • Hot Water Heating System
  • Separate Formal Living Room
  • Ceiling Fan
  • High Speed Internet

About This Home

Welcome to this adorable 2 bedroom, 1 bath ranch with 888 square feet of comfortable living space. Perfectly sized and easy to maintain, this home offers the charm of simple living with just the right amount of space. Step inside and you’ll find a welcoming layout filled with natural light, making each room feel bright and cheerful. The hot water baseboard heat (boiler system) keeps the home toasty warm all winter long. Outside, the fenced backyard is a true bonus—ideal for pets, play, or just enjoying a private spot to relax and unwind. Whether you’re starting out, downsizing, or looking for an investment, this home is full of possibilities! Affordable, cozy, and move-in ready—don’t miss your chance to call this charming ranch yours!

Listing Agent

Ken Bailey

Listing by Real Estate Pros & More Brokerage Phone: 716-307-6960 License #10371200907 Listed on: 08/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,121

Year Built

  • Built in 1921

Lot Details

  • 5,620 Sq Ft Lot
  • Lot Dimensions are 40x140
  • Rectangular Lot

Home Design

  • Block Foundation
  • Copper Plumbing

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Laminate Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Sump Pump
  • Crawl Space

Parking

  • No Garage
  • Driveway

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 041200-094-058-0002-025-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,121

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1921
  • Attribution Contact: 716-307-6960
  • ResoLaundryFeatures: Main Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Architectural Style: Ranch
  • Flooring: Laminate, Varies
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Separate/Formal Living Room, Galley Kitchen, Pull Down Attic Stairs, Bedroom on Main Level
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Crawl Space, Sump Pump
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.129
  • Waterfront: No
  • Construction Type: Blown-In Insulation, Frame, Spray Foam Insulation, Copper Plumbing
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 041200-094-058-0002-025-000-0000
  • Lot Dimensions: 40X140
  • Lot Size Sq Ft: 5620.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3121.0
  • Tax Lot: 25

Map

Range of Values:

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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 $2,114 $56,000 $10,700 $45,300
2023 $2,108 $56,000 $10,700 $45,300
2022 $2,139 $56,000 $10,700 $45,300
2021 $2,201 $56,000 $10,700 $45,300
2020 $2,063 $56,000 $10,700 $45,300
2019 $500 $56,000 $10,700 $45,300
2018 $1,001 $56,000 $10,700 $45,300
2017 $538 $56,000 $10,700 $45,300
2016 $528 $56,000 $10,700 $45,300
2015 -- $56,000 $10,700 $45,300
2014 -- $56,000 $10,700 $45,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $129,900 +333.0% $146 / Sq Ft
06/17/2019 06/17/19 Sold $30,000 -10.4% $34 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $33,500 -- $38 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $30,000 None Available
Deed $30,000 None Available
Executors Deed $30,000 --
Source: Public Records

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Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1631436

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-058-0002-025-000-0000