503 Putnam St, Olean, NY 14760
FOR SALE

503 Putnam St
Olean, NY 14760

  • 3 Beds
  • 1 Bath
  • 1,336 sqft
  • 3 Beds
  • 1 Bath
  • 1,336 sqft

$31,999

Original price: $34,000
Est. Mortgage $313/mo*

Local Information

map showing home location
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Commute Destination

Description

Calling all investors! Priced to sell 3-bedroom old style house in the historic district of Olean. Cosmetic love is all this needs! Being sold " as is". Seller is on the STAR program for school taxes. Buyer responsible for purchase of new survey. Due to personal reasons from the seller this home needs sold ASAP!! This home is habitable in its current condition! Don't miss out!!

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$24
Listed
142 days ago
Last check for updates: 1 day ago
Listing by: ERA Team VP-Olean, (716) 372-2234
Katy Gerrity, (585) 808-5244
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1512775

Home Details for 503 Putnam St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 7
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1336 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Built-In Range, Built-In Oven, Dryer, Dishwasher, Gas Water Heater, Refrigerator, See Remarks, WasherDishwasherDryerLaundry: In BasementRefrigeratorWasher
Heating & Cooling
Heating: Gas,Forced Air,WoodHas HeatingHeating Fuel: Gas
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Varies, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Varies, Vinyl

Exterior Features

Exterior Home Features
Patio / Porch: Open, PorchFoundation: Block
Parking & Garage
No GarageParking: No Garage,No Driveway
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Days on Market: 142

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Historic/Antique,Two Story
Building
Construction Materials: Wood Siding
Property Information
Condition: ResaleParcel Number: 9406494

Price & Status

Price
List Price: $31,999Price Per Sqft: $24
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Olean-City
School Information
Elementary School District: OleanJr High / Middle School District: OleanHigh School District: Olean

Agent Information

Listing Agent
Listing ID: R1512775

Building

Building Area
Building Area: 1336 Square Feet

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 1400 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 0Transaction Broker Commission: 3
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: R1512775Living Area Range Units: Square FeetAttribution Contact: 585-808-5244

Price History for 503 Putnam St

DatePriceEventSource
04/09/2024$31,999PriceChange
NYSAMLSs #R1512775
02/22/2024$34,000PendingToActiveNYSAMLSs #R1512775
02/16/2024$34,000PendingNYSAMLSs #R1512775
02/13/2024$34,000PriceChange
NYSAMLSs #R1512775
01/04/2024$44,999PriceChange
NYSAMLSs #R1512775
12/08/2023$49,999Listed For SaleNYSAMLSs #R1512775

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Property Taxes and Assessment

Year2023
Tax
Assessment$42,308
Home facts updated by county records

Comparable Sales for 503 Putnam St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$81,000
09/13/23
3
1
1,280
0.28
Single-Family Home
$65,000
02/09/24
3
1
1,118
0.33
Single-Family Home
$18,000
03/30/24
3
1
1,056
0.12
Single-Family Home
$105,000
03/07/24
3
2
1,485
0.33
Single-Family Home
$22,500
01/12/24
2
1
888

What Locals Say about Olean

  • Trulia User
    "what kind of education and attention their getting from school! Its beat to know what kind of ppl their hanging around, role models and inspiring ppl!"
    0
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  • Susan.kriner
    "We’re close to many public events at War Vets Park and Bradners Stadium. Too many to list! Far enough away to hear the echo’s but not have it overwhelmingly take over our daily life. "
    2
    Flag
  • Kristin B.
    "This is a great place to live and raise your kids. Police patrol regularly in crime is low. Recreational activities available as well"
    0
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  • Kristin B.
    "Recreational programs offered like ice skating, sports events, youth sport sign ups. Police patrol through the city often"
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  • Kristin B.
    "I lived here for 10 years and it’s a great place to raise kids. House prices are reasonable and there is a heavy police presence protecting the area all the time"
    2
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  • Skbb18
    "Strollean - big fun party. Local breweries. Great fireworks. Cutco visitor’s center. Lots of parks. Beef and barrel restaurant."
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  • Corinne Q.
    "Dogs are being walked all the time. The neighborhood is quiet and peaceful. There are sidewalks which are well maintained and neighbors are friendly. "
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  • Katlyn L.
    "Incredibly walkable, which is great for teenagers and people without cars. Some areas are not great traffic wise but that's to be expected."
    1
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  • TZ
    "I just moved out of the city but lived there in my last house for ten years. My neighbors became my friends. We helped each other and looked after each other. Everyone on our block maintained their homes and yards well. It was a great West End neighborhood. Plus, it was convenient to everything - grocery, bank, gym, restaurant, movie and even the liquor store!"
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  • Kelly
    "Restaurants, groceries and retail shops all within easy walking distance but with the river nearby there is a country-feel too"
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  • Robert W.
    "I have lived here for almos 40 years and have never encountered neighbors like these. These neighbors drive past our house blowing their horns at obscene hours of the day, they tell obscenities at me and my mother and claim they are "vigilantes" carrying out "mob rule." We have had enough of the harassing comments, destruction of our property, and the camera pointed off their house and into my bedroom. Someone moving into Fountain Street beware."
    14
    Flag
  • Bob K.
    "there are many families and many grandparents in this neighborhood. There is a nice playground with ballground and basketball hoop. The park has a spotlight to illuminate at night ."
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  • Karri E. J.
    "I work and live here. It's a great place to either retire or raise children. Downtown is only a couple of blocks away. The library is located a block away. "
    1
    Flag
  • Saadzmirza
    "A nice neighborhood with friendly people and scenically overlooks the Olean Metro Area. Some notable Olean residents live here."
    1
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LGBTQ Local Legal Protections

Katy Gerrity, ERA Team VP-Olean
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2024-02-07 10:10:09 PST. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
503 Putnam St, Olean, NY 14760 is a 3 bedroom, 1 bathroom, 1,336 sqft single-family home built in 1940. This property is currently available for sale and was listed by NYSAMLSs on Dec 8, 2023. The MLS # for this home is MLS# R1512775.