501 Cherry St, Olean, NY 14760
OFF MARKET

501 Cherry St
Olean, NY 14760

  • 3 Beds
  • 2 Baths
  • 1,704 sqft (on 0.31 acres)

$314,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,285/mo*
Refinance Your Home

$314,700

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,285/mo*
Refinance Your Home
3 Beds
2 Baths
1,704 sqft
(on 0.31 acres)

Local Information

  • Map ViewExplore the area around 501 Cherry St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2003
Lot Size
0.31 acres
Living Area
1,704 sqft
Price/Sqft
$185
Parking
2 Car Garage

About this House

1st Floor Living at it's Best! Spacious 2+ Bedroom Ranch Home that's Low Maintenance! Built in 2003, It has an Open-Concept Livingroom/Dining Room/Kitchen w/Cathedral Ceilings & an entrance through French Doors out to one of the Decks that Brings in all the Natural Light. Enjoy Entertaining in the Open Kitchen w/loads of Counterspace +2yr Old Appliances.The Primary Suite has a His & Her Closet on each side of the Hallway going into the Bathroom w/Both Jetted Tub & Walk-in Shower. There's Brand New Vinyl Flooring has just been Installed Throughout the House & New Carpet. There is French Draining in Place,Gorgeous Concrete Driveway, Pad for the RV & Sidewalks. The Bonus Room off the Dining Area also has French Doors that Lead out to the Hot Tub. The Concrete Poured underneath it has the Footers already in place, in case you'd like to expand that room into another Bedroom, Office, Etc. The Full Basement is Split into 2 Sides- 1 Finished w/Tile Floors, that you can use for Entertaining, Play Room, Etc. On the other side, there's 2 Bonus Rooms which can be used as Bedrooms, Craft Room, Etc. Then the other remainder of that Side has a Work Bench and Utilities & even More Space.
501 Cherry St, Olean, NY 14760 is a 3 bedroom, 2 bathroom, 1,704 sqft single-family home built in 2003. It last sold for $300,000 on Jun 13, 2024 (4% above the $289,000 asking price). It is currently off market. The Trulia Estimate is $314,700, with a rent estimate of $2,108/month.

Home Details for 501 Cherry St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Partially FinishedNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1704 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Convection Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, WasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas
Fireplace & Spa
Spa: Hot TubNo FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Varies
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Carpet, Laminate, Varies

Exterior Features

Exterior Home Features
Patio / Porch: Deck, PatioFencing: PartialOther Structures: Shed(s), StorageExterior: Concrete Driveway, Deck, Fence, Hot Tub/Spa, PatioFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage,Garage Door Opener,Other
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl Siding, PEX Plumbing
Property Information
Condition: ResaleParcel Number: 04120009406700030220020000

Price & Status

Price
List Price: $289,000
Status Change & Dates
Off Market Date: Thu Apr 11 2024Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 1704 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 0.31 acres

Listing Info

Special Conditions: Standard

Offer

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

Miscellaneous

BasementMls Number: R1530403Living Area Range Units: Square FeetAttribution Contact: 716-307-8894Universal Property Id: US-36009-N-04120009406700030220020000-R-N
Last check for updates: about 6 hours ago
Listed by Claudia Attard-Keary, (716) 307-8894
EXP-Premier Listings Team
Bought with: Dennis B. Pezzimenti, (716) 378-8989, Howard Hanna Professionals - Olean
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1530403

Price History for 501 Cherry St

DatePriceEventSource
06/13/2024$300,000Sold
NYSAMLSs #R1530403
04/11/2024$289,000PendingNYSAMLSs #R1530403
04/09/2024$289,000Listed For SaleNYSAMLSs #R1530403
11/20/2001$10,000Sold
N/A

Market trends in Olean

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
66
4MoM
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Property Tax and Assessment

Year2025
Tax
Assessment$218,310
Home facts updated by county records

Comparable Sales for 501 Cherry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
407 N Clark St, Olean, NY
0.15
Single-Family Home
$167,000
09/26/25
3
2
1,404
1327 Seneca Ave, Olean, NY
0.17
Single-Family Home
$170,000
12/12/25
3
2
1,452
611 Gulf St, Olean, NY
0.33
Single-Family Home
$275,000
04/22/26
3
2.5
1,664
401 Cherry St, Olean, NY
0.09
Single-Family Home
$145,900
07/15/26
3
1
1,260
834 Prospect Ave, Olean, NY
0.72
Single-Family Home
$269,900
10/03/25
3
2
1,323
184 Grossman Ave, Olean, NY
0.69
Single-Family Home
$160,000
06/29/26
3
2
1,448
1317 Plum St, Olean, NY
0.11
Single-Family Home
$57,000
08/21/25
3
1
912

Nearby homes

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Assigned Schools

These are the assigned schools for 501 Cherry St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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Apartments for Rent

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Homes for sale near 501 Cherry St

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Off Market Homes Near 501 Cherry St

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Frequently asked questions about 501 Cherry St

  • What is 501 Cherry St estimated to be worth?
    Trulia's estimated value for 501 Cherry St in Olean, NY is $314,700.
  • What is the price history for 501 Cherry St?
    501 Cherry St in Olean, NY last sold for $300,000 in June 2024.
  • Is Olean a buyer's or seller's market?
    Olean is currently a seller's 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.
  • Does 501 Cherry St have laundry facilities?
    Yes, 501 Cherry St in Olean, NY has in-unit laundry.
  • How big is the lot at 501 Cherry St?
    The lot at 501 Cherry St in Olean, NY is about 0.31 acres (13,695 sq ft).
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 2026-08-10 04:15:20 PDT. 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. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.