$50,000
SOLD MAR 14, 2025

714 Front St Olean, NY 14760

3 Beds
1 Bath
1,056 Sq Ft
6,875 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

37% Below List Price

99 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Formal Dining Room
  • Separate Formal Living Room
  • Corner Lot
  • 1 Car Attached Garage

About This Home

As of March 2025

Welcome to this charming East Olean gem, perfectly situated on the corner of Paragon Ave and Front St! This inviting 3-bedroom home is an ideal blend of comfort and potential, whether you’re looking for your first home or a fantastic investment property.

Step inside to discover gleaming hardwood floors that bring warmth and character to the main living areas. The heart of the home is a beautifully bright sunroom filled with natural light streaming through brand-new windows. It’s the perfect spot to enjoy a morning coffee, relax with a good book, or entertain friends.

The kitchen and adjoining dining area provide a cozy space for meals, while the attached one-car garage offers convenience and added storage. Outside, you’ll find a quaint yard, ideal for gardening, grilling, or a little outdoor playtime.

With its charming layout, thoughtful updates, and unbeatable location, this East Olean home won’t last long. Don’t miss your chance to make 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: 11/11/2024

Howard Hanna Professionals - Olean

Last Buyer's Agent

Karen Redding

Listing by Real Estate Pros & More License #30RE0680519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 1910

Lot Details

  • 6,875 Sq Ft Lot
  • Lot Dimensions are 55x125
  • Corner Lot
  • Rectangular Lot
  • Historic Home

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Wood Siding
  • Shake Siding
  • Copper Plumbing

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 041200-094-050-0004-045-000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,286

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1910
  • Attribution Contact: 716-378-7039
  • Lot Features: Corner Lot, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Route 16, turn onto Front St, the property is on the corner of Paragon and Front
  • Architectural Style: Historic/Antique
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Separate/Formal Living Room, Pantry
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1578
  • Waterfront: No
  • Construction Type: Shake Siding, Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: 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: 041200-094-050-0004-045-000-0000
  • Lot Dimensions: 55X125
  • Lot Size Sq Ft: 6875.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2286.0
  • Tax Lot: 45

MLS Schools

  • Elementary School: East View Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Mar 4, 2025
Sold by
Cornell Dana
Bought by
Redding Karen F
Seller's Agent
Paul Pezzimenti
Howard Hanna Professionals - Olean
Buyer's Agent
Karen Redding
Real Estate Pros & More
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%
Views
47
Current Estimated Value
$54,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,815
Avg. Annual Appreciation
40.57%

Purchase Details

Listed on
Jun 7, 2019
Closed on
Oct 25, 2019
Sold by
Nationstar Mortgage Llc D
Bought by
Cornell Dana
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$46,400
Sold Price
$37,700
Premium/Discount to List
-$8,700
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 17, 2019
Sold by
Nationstar Mortgage Llc
Bought by
Cornell Dana
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$46,400
Sold Price
$37,700
Premium/Discount to List
-$8,700
-18.75%

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 12, 2019
Sold by
Nationstar Mortgage Llc D
Bought by
Cornell Dana
Seller's Agent
Tena Smith
Kyser Realty Inc.
Buyer's Agent
Regis Handley
Howard Hanna Professionals - Olean
List Price
$46,400
Sold Price
$37,700
Premium/Discount to List
-$8,700
-18.75%

Purchase Details

Closed on
Apr 30, 2019
Sold by
Buchanan Jeffery
Bought by
Nationstar Mortgage Llc D

Purchase Details

Closed on
Apr 22, 2019
Sold by
Buchanan Jeffery T and Nationstar Mortgage Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jul 1, 2011
Sold by
County Of Cattaraugus
Bought by
Buchanan Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,813
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2010
Sold by
County Of Cattaraugus
Bought by
B & B Development Of Olean Llc

Purchase Details

Closed on
Jun 4, 2010
Sold by
County Of Cattaraugus
Bought by
Reed Ryan

Purchase Details

Closed on
Mar 3, 2009
Sold by
Miles Nancy
Bought by
County Of Cattaraugus

Purchase Details

Closed on
Jun 12, 2000

Purchase Details

Closed on
Dec 10, 1999
Sold by
Sibley Mortgage Corporation
Bought by
Secretary Of Housing And Urban Development
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

Date Type Sale Price Title Company
Warranty Deed $50,000 None Available
Deed $37,700 None Available
Deed $37,700 --
Deed $37,700 None Available
Deed In Lieu Of Foreclosure $53,925 None Available
Deed In Lieu Of Foreclosure $53,925 None Available
Foreclosure Deed $40,000 --
Deed $44,000 Gregory E Shemeld
Deed $44,000 Gregory E Shemeld
Deed -- Daniel Derose
Deed -- Daniel Derose
Deed $14,000 --
Deed $14,000 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Deed $23,000 --
Deed $23,000 --
Deed -- Marvin R Baum
Deed -- Marvin R Baum
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Commercial
Previous Owner $51,813 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $50,000 0.0% $47 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $50,000 -37.4% $47 / Sq Ft
02/12/2025 02/12/25 For Sale $79,900 0.0% $76 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $79,900 -11.1% $76 / Sq Ft
11/11/2024 11/11/24 For Sale $89,900 +138.5% $85 / Sq Ft
10/18/2019 10/18/19 Sold $37,700 -7.1% $36 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/11/2019 08/11/19 Price Changed $40,600 -6.7% $38 / Sq Ft
07/23/2019 07/23/19 Price Changed $43,500 -6.3% $41 / Sq Ft
06/07/2019 06/07/19 For Sale $46,400 -- $44 / 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 $1,620 $42,900 $5,200 $37,700
2023 $1,615 $42,900 $5,200 $37,700
2022 $1,638 $42,900 $5,200 $37,700
2021 $1,686 $42,900 $5,200 $37,700
2020 $1,698 $42,900 $5,200 $37,700
2019 $1,103 $42,900 $5,200 $37,700
2018 $2,222 $42,900 $5,200 $37,700
2017 $1,063 $42,900 $5,200 $37,700
2016 $1,026 $42,900 $5,200 $37,700
2015 -- $42,900 $5,200 $37,700
2014 -- $42,900 $5,200 $37,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1576990

Chautauqua-Cattaraugus Board of REALTORS®

APN: 041200-094-050-0004-045-000-0000