40 Pit Ln, Olean, NY 14760
OFF MARKET

$80,645

Tax assessed value
  • 2 Beds
  • 1 Bath
  • 1,920 sqft (on 21.75 acres)

40 Pit Ln, Olean, NY 14760

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1036 Portville Olean Rd, Portville, NY
0.64
Single-Family Home
$116,000
05/22/26
2
2
1,640
1048 Olean Portville Rd, Olean, NY
0.53
Single-Family Home
$75,000
08/05/26
4
2
1,896
1239 Promised Land Rd, Olean, NY
0.62
Single-Family Home
$65,000
10/02/25
3
2
1,360
1446 Penn Ave, Olean, NY
0.97
Single-Family Home
$675
01/20/26
6
2
2,992
1412 W Chestnut St, Westons Mills, NY
1.16
Single-Family Home
$105,000
01/20/26
2
1
904
9 Colwell St, Portville, NY
1.59
Single-Family Home
$72,000
07/28/26
3
1
1,496
1687 Haskell Rd, Olean, NY
1.50
Single-Family Home
$178,000
11/24/25
3
1.5
1,488
1043 Mayville Rd, Portville, NY
1.70
Single-Family Home
$75,000
06/16/26
3
1
1,286
1683 Haskell Rd, Olean, NY
1.50
Single-Family Home
$239,000
09/30/25
4
2
1,760
1708 Haskell Pkwy, Olean, NY
1.63
Single-Family Home
$205,000
07/14/26
3
1
984

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1115 Olean Portville Rd, Olean, NY 14760
0.27
$279,900
8
4
3,444
For Sale
1428 Promised Land Acres, Olean, NY 14760
0.46
$468,700
5
3
2,800
Off Market
1131 Promised Land Rd, Olean, NY 14760
0.46
-
3
1.5
1,248
Off Market
1048 Olean Portville Rd, Olean, NY 14760
0.53
$75,000
4
2
1,896
Recently Sold
1450 Witherell Hts, Olean, NY 14760
0.52
$125,000
4
2
3,072
Recently Sold
1036 Portville Olean Rd, Portville, NY 14770
0.64
$116,000
2
2
1,640
Recently Sold
1025 Promised Land Rd, Olean, NY 14760
0.70
$23,000
2
1
-
Recently Sold
Lillibridge Rd, Olean, NY 14760
0.73
$811,000
-
-
-
For Sale
1064 Heartwood Ln, Olean, NY 14760
0.93
$399,800
4
2.5
1,830
Off Market
1428 Penn Ave, Portville, NY 14770
0.93
$143,800
4
2
2,465
Off Market
1446 Penn Ave #24, Westons Mills, NY 14788
0.97
$120,000
6
1.5
2,992
Recently Sold
1349 Olean Portville Rd, Olean, NY 14760
0.99
$143,800
3
3
2,135
Off Market

Homes for rent near 40 Pit Ln

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Local Information

  • Map ViewExplore the area around 40 Pit Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1980
21.75 acre lot
1,920 sqft

About this House

This single-family home is located at 40 Pit Ln, Olean, NY. 40 Pit Ln is in Olean, NY and in ZIP code 14760. This property has 2 bedrooms, 1 bathroom and approximately 1,920 sqft of floor space. This property has a lot size of 21.75 acres and was built in 1980.
40 Pit Ln, Olean, NY 14760 is a 2 bedroom, 1 bathroom, 1,920 sqft single-family home built in 1980. This property is not currently displayed as for sale or rent on Trulia.

Home Details for 40 Pit Ln

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
Exterior: OtherFoundation Type: Slab

Lot Information

Lot Area: 21.75 acres

Price and Tax history

YearProperty taxTax assessment
2018
$351
$80,645
Home facts updated by county records

Market trends in Olean

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
9MoM

Around this home

What Locals Say about Olean

At least 74 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 87 % Say yards are well-kept

  • 87 % Say it's dog friendly

  • 83 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 78 % Say car is needed

  • 74 % Say kids play outside

  • 73 % Say it's walkable to restaurants

  • 72 % Say it's walkable to grocery stores

  • 68 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 61 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 51 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Anonymous
    "There are not many kids in the neighborhood and no kid friendly parks within 10 minutes."
    0
    Flag
  • Treshina Parks
    "There is a dog park. There are two spaces and they are separated by a fence. And people are very respectful. "
    0
    Flag
  • Kcchase5
    "I do not own a dog. But I see the dogs being walked around town and in the parks. As long as they are calm and not aggressive. "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • Kristin B.
    "Recreational programs offered like ice skating, sports events, youth sport sign ups. Police patrol through the city often"
    0
    Flag
  • 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
    Flag
  • Skbb18
    "Strollean - big fun party. Local breweries. Great fireworks. Cutco visitor’s center. Lots of parks. Beef and barrel restaurant."
    0
    Flag
  • 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. "
    0
    Flag
  • 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
    Flag
  • 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!"
    0
    Flag
  • Kelly
    "Restaurants, groceries and retail shops all within easy walking distance but with the river nearby there is a country-feel too"
    0
    Flag
  • 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 ."
    0
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 40 Pit Ln

  • Is Olean a buyer's or seller's market?
    Olean is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Olean?
    Residents describe Olean, NY as pedestrian-friendly, well-kept, and dog-friendly. See recently sold homes in Olean, NY.
  • What are the closest schools to 40 Pit Ln?
    The closest schools to 40 Pit Ln in Olean, NY are Portville Elementary School (Pre-K, rated 8/10), Portville Junior Senior High School (Middle, rated 6/10).
  • How big is the lot at 40 Pit Ln?
    The lot at 40 Pit Ln in Olean, NY is about 21.8 acres.

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Off Market Homes Near 40 Pit Ln

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Homes for sale near 40 Pit Ln

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