Estimated payment $2,802/month
Highlights
- 0.65 Acre Lot
- Recreation Room
- Attic
- Colonial Architecture
- Wood Flooring
- 3 Fireplaces
About This Home
Discover the perfect blend of historic charm and modern convenience with this stunning Colonial home on West Henley Street in the heart of Olean. Set on nearly two-thirds of an acre, this beautifully crafted property offers timeless elegance, exceptional functionality, and surprising privacy for a central city location. Featuring up to six bedrooms and five and a half baths, this home is filled with exquisite details, including hardwood floors, marble-trimmed fireplaces, high ceilings, elaborate moldings, and arched French doors. The grand entryway greets you with a striking black-and-white marble floor and a leaded glass door, while rounded front steps, stately columns, and large solid panel front doors make a lasting first impression. The main level includes formal dining and living rooms with glass doors leading to a sunroom bathed in natural light, a breakfast room with sunrise views, a spacious walk-in pantry, and a half bath. Each second-floor bedroom has its private bath, and the third floor provides additional flexibility with three more rooms and two full baths. The basement offers a versatile space with a game room, a pool table, and even a bomb shelter, while thick walls with blown-in insulation ensure year-round comfort. Outdoors, the large, fenced-in yard and covered patio create a serene retreat, perfect for relaxation or entertaining. The two-car garage includes an attic and an attached shed for ample storage. For added versatility, the attached apartment features two bedrooms, 1.5 baths, a separate entrance, separate utilities, and a one-car garage, offering rental potential or an ideal in-law suite with a long-term tenant already in place. Recent updates provide peace of mind, including a new boiler in 2018, a new roof in 2021, and a freshly sealed flat roof in 2024. With unique features like carved shell design corner cupboards, a crystal ball newel post, elegant wood window cornices, and original 6-over-6 glass windows, this home showcases incredible craftsmanship and timeless beauty. Photos of the in-law suite/apartment can be found at this link:
Listing Agent
Listing by Howard Hanna Professionals - Olean Brokerage Phone: 716-378-7039 License #10301214758 Listed on: 05/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,192
Year Built
- Built in 1922
Lot Details
- 0.65 Acre Lot
- Lot Dimensions are 126x223
- Corner Lot
- Rectangular Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Block Foundation
- Poured Concrete
- Wood Siding
- Copper Plumbing
Interior Spaces
- 4,766 Sq Ft Home
- 3-Story Property
- Woodwork
- 3 Fireplaces
- Entrance Foyer
- Separate Formal Living Room
- Recreation Room
- Sun or Florida Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
- Attic
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Gas Oven
- Gas Range
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Cedar Closet
Schools
- Washington West Elementary School
- Olean Middle School
- Olean Senior High School
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Steam
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 041200-094-072-0003-001-000-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,556 | $185,000 | $9,200 | $175,800 |
| 2023 | $6,965 | $185,000 | $9,200 | $175,800 |
| 2022 | $7,065 | $185,000 | $9,200 | $175,800 |
| 2021 | $7,270 | $185,000 | $9,200 | $175,800 |
| 2020 | $5,892 | $185,000 | $9,200 | $175,800 |
| 2019 | $2,777 | $185,000 | $9,200 | $175,800 |
| 2018 | $8,551 | $185,000 | $9,200 | $175,800 |
| 2017 | $6,023 | $185,000 | $9,200 | $175,800 |
| 2016 | $5,954 | $185,000 | $9,200 | $175,800 |
| 2015 | -- | $185,000 | $9,200 | $175,800 |
| 2014 | -- | $185,000 | $9,200 | $175,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Price Changed | $369,900 | -2.6% | $78 / Sq Ft |
| 09/12/2025 09/12/25 | For Sale | $379,900 | 0.0% | $80 / Sq Ft |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | For Sale | $379,900 | 0.0% | $80 / Sq Ft |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $379,900 | -- | $80 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1608954
APN: 041200-094-072-0003-001-000-0000
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