506 Washington St, Olean, NY 14760
OFF MARKET

506 Washington St
Olean, NY 14760

  • 4 Beds
  • 2.5 Baths
  • 3,124 sqft

$130,900

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $992/mo*
Refinance Your Home

$130,900

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $992/mo*
Refinance Your Home
4 Beds
2.5 Baths
3,124 sqft

Local Information

  • Map ViewExplore the area around 506 Washington 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
1910
Living Area
3,124 sqft
Price/Sqft
$42
Parking
Garage

About this House

Needs work, but is perfect for someone looking to customize a house with great bones into the home of their own. The roof and gutters are newer, and the basement stays dry. The interior needs work, but it is ready for hammers and nails. One of the biggest positives about this house is that there have been no major structural revisions, so the original architectural vision is still intact. The floor plan is breezy, with various unique features. The smaller kitchen is compensated for by a cabinet-filled pantry (with sink). Multiple rooms have vintage gas-burning installments (although operating gas lines do not currently run to them). The front porch overlooks historic Oak Hill Park. The pictures show all the positives. But they show the good and the bad. So you know what you are getting into, some of the items that need attention are: 2nd floor bathrooms not functional; all hardwoods likely need to be sanded and stained; most walls and ceilings (plaster and lathe) need attention; railings needed on front porch for code-compliance; combined knob-n-tube and modern wiring; boiler is 20+ years old, but has been recently serviced; etc. Heating is base-board, and pipes burst this past winter when the damper motor malfunctioned, but heating system was fixed and is operational.
506 Washington St, Olean, NY 14760 is a 4 bedroom, 3 bathroom, 3,124 sqft single-family home built in 1910. It last sold for $32,000 on Nov 18, 2020. It is currently off market. The Trulia Estimate is $130,900, with a rent estimate of $3,751/month.

Home Details for 506 Washington St

Interior Features

Heating & Cooling
Heating: Other, GasHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Types of Rooms: Dining Room, Office
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood, Brick
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 4791 sqft

Price History for 506 Washington St

DatePriceEventSource
08/05/2021$85,000PendingNYSAMLSs #B1342548
06/08/2021$85,000Listed For SaleNYSAMLSs #B1342548
11/18/2020$32,000Sold
N/A
08/01/2020$40,000ListingRemovedAgent Provided
06/29/2020$40,000PendingAgent Provided
06/08/2020$40,000Listed For SaleAgent Provided
11/22/2019$49,900Sold
NYSAMLSs #R1204182
10/07/2019$49,900PendingAgent Provided
09/03/2019$49,900PriceChange
Agent Provided
07/31/2019$64,900PriceChange
Agent Provided
06/21/2019$78,900Listed For SaleAgent Provided
02/12/2019$55,614Sold
N/A
03/14/2002$88,500Sold
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
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax
Assessment$71,831
Home facts updated by county records

Comparable Sales for 506 Washington St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
215 S 2nd St, Olean, NY
0.41
Single-Family Home
$32,500
03/03/26
4
2
1,880
218 S 5th St, Olean, NY
0.38
Single-Family Home
$63,000
04/20/26
4
2
2,050
126 S 5th St, Olean, NY
0.26
Single-Family Home
$18,000
07/22/26
3
1.5
1,725
915 Washington St, Olean, NY
0.25
Single-Family Home
$199,900
03/24/26
4
1.5
2,360
142 S 1st St, Olean, NY
0.38
Single-Family Home
$75,000
12/19/25
4
1.5
2,408
329 N 6th St, Olean, NY
0.21
Single-Family Home
$44,500
08/28/25
2
1
912
132 N 8th St, Olean, NY
0.21
Single-Family Home
$166,000
11/07/25
4
1.5
1,688
708 Irving St, Olean, NY
0.40
Single-Family Home
$25,000
01/12/26
3
1.5
1,232
136 S 3rd St, Olean, NY
0.29
Single-Family Home
$82,043
06/09/26
3
1.5
1,396
603 Putnam St, Olean, NY
0.12
Single-Family Home
$60,000
04/27/26
3
1
1,586

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 506 Washington 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

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Air Conditioning

Homes for sale near 506 Washington St

Skip to last item
Skip to first item

Off Market Homes Near 506 Washington St

Skip to last item
Skip to first item

Frequently asked questions about 506 Washington St

  • What is 506 Washington St estimated to be worth?
    Trulia's estimated value for 506 Washington St in Olean, NY is $130,900.
  • What is the price history for 506 Washington St?
    506 Washington St in Olean, NY last sold for $32,000 in November 2020.
  • 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.
  • How big is the lot at 506 Washington St?
    The lot at 506 Washington St in Olean, NY is about 0.11 acres (4,791 sq ft).
  • Does 506 Washington St have a garage?
    Yes, 506 Washington St in Olean, NY has a garage.