507 Line St, Olean, NY 14760
Property image
Property image
FOR SALE
3D VIEW
2.12 ACRES

$278,900

Original price: $299,900
  • 3 Beds
  • 2.5 Baths
  • 1,736 sqft (on 2.12 acres)

507 Line St, Olean, NY 14760

Est. Mortgage $2,093/mo*
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We estimate this home will sell faster than 87% nearby.

Home Highlights

Single-Family Home
Built in 1955
2.12 acre lot
$161/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 507 Line St.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome home to this beautifully maintained ranch, where pride of ownership is evident in every detail. From the moment you step onto the inviting front porch, you'll feel the warmth and character this home has to offer. Step inside to gleaming hardwood floors flowing through the main living areas, paired with durable, easy-care ceramic tile in the kitchen and bathroom. A versatile addition was added, currently used as a family room but easily converted to a bedroom. It opens out to a private deck and a fully fenced yard, perfect for relaxing and entertaining. The yard doesn't stop there, stretching out over two additional acres and offering endless possibilities for gardening, recreation, or simply enjoying wide-open space. Downstairs, the finished basement adds serious living space and peace of mind, featuring a second living room or rec room ideal for movie nights, a home gym, or a play area, plus an additional bedroom with direct walk-out access to the outdoors, all backed by a dedicated drainage system with dual sump pumps to keep the space dry and worry-free. Car enthusiasts, hobbyists, and collectors will love the storage this property provides, including an attached one-car garage for everyday convenience, a detached second garage featuring a fantastic workshop, room for another vehicle, and generous storage above, plus an outdoor shed for even more flexibility. Rounding things out, the home offers 200-amp electrical service ready for modern living and future upgrades, central air conditioning for year-round comfort, all stainless steel kitchen appliances, and a charming front porch that's the perfect spot for morning coffee or evening unwinding. This is a rare opportunity to own a home where every major system has been thoughtfully maintained, and every space has been put to good use — all set on a sprawling, private, over-two-acre lot. Homes like this, offering this much space, storage, and care, don't come along often.
We estimate this home will sell faster than 87% nearby.
Last check for updates: about 6 hours ago
Listing by: Howard Hanna Professionals - Olean, (716) 372-1155
Paul Pezzimenti, (716) 378-7039
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1702863
Also Listed on NYSAMLSs.

Home Details for 507 Line St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Partially Finished,Walk-Out Access,Sump PumpNumber of Rooms: 7
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1736 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, RefrigeratorDishwasherLaundry: In BasementMicrowaveRefrigerator
Heating & Cooling
Heating: Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Gas
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Door: Sliding DoorsFlooring: Carpet, Ceramic Tile, Hardwood, Varies
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Carpet, Ceramic Tile, Hardwood, Varies

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, Patio, PorchFencing: FullOther Structures: Barn(s), Outbuilding, Shed(s), StorageExterior: Blacktop Driveway, Concrete Driveway, Deck, Fully Fenced, PatioFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Detached,Garage,Garage Door Opener
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Aluminum Siding, Vinyl Siding, Copper Plumbing
Property Information
Condition: ResaleParcel Number: 04120009406700030060000000

Price & Status

Price
List Price: $278,900Price Per Sqft: $161
Status Change & Dates
Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: Olean
School Information
Elementary School: East View ElementaryElementary School District: OleanJr High / Middle School: Olean MiddleJr High / Middle School District: OleanHigh School: Olean Senior HighHigh School District: Olean

Agent Information

Listing Agent
Listing ID: R1702863

Building

Building Area
Building Area: 1736 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 2.12 Acres

Listing Info

Special Conditions: Standard

Offer

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

Miscellaneous

BasementMls Number: R1702863Living Area Range Units: Square FeetAttribution Contact: 716-378-7039Universal Property Id: US-36009-N-04120009406700030060000000-R-N

Around this home

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

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

Home Value

Trulia Estimate
$266K
Since last month
Decreased$35K (-11.5%)
Since last year
Increased$58K (+27.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +114% in the last 10 years
MonthEstimated value
2026
September 2026$266K
August 2026$266K
July 2026$300K
June 2026$199K
May 2026$198K
April 2026$198K
March 2026$194K
February 2026$188K
January 2026$188K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
611 Gulf St, Olean, NY
0.13
Single-Family Home
$275,000
04/22/26
3
2.5
1,664
1327 Seneca Ave, Olean, NY
0.29
Single-Family Home
$170,000
12/12/25
3
2
1,452
407 N Clark St, Olean, NY
0.18
Single-Family Home
$167,000
09/26/25
3
2
1,404
925 Forness Ave, Olean, NY
0.24
Single-Family Home
$140,000
08/21/26
4
1.5
1,774
613 King St, Olean, NY
0.24
Single-Family Home
$192,500
09/02/26
4
1.5
1,584
350 Queen St, Olean, NY
0.33
Single-Family Home
$129,500
08/06/26
3
1.5
1,170
961 Kingston Dr, Olean, NY
0.51
Single-Family Home
$220,000
09/04/26
3
2.5
1,456

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
507 Gulf St, Olean, NY 14760
0.08
$343,400
4
2.5
2,064
Off Market
611 Gulf St, Olean, NY 14760
0.13
$275,000
3
2.5
1,664
Recently Sold
326 Line St, Olean, NY 14760
0.15
$169,900
3
2
1,760
For Sale
1240 Brook St, Olean, NY 14760
0.14
$293,000
4
2.5
1,645
Off Market
524 King St, Olean, NY 14760
0.17
$165,600
4
1.5
1,510
Off Market
532 N Clark St, Olean, NY 14760
0.15
$178,200
3
1
1,288
Off Market
546 King St, Olean, NY 14760
0.18
$90,000
3
1
720
Recently Sold
407 N Clark St, Olean, NY 14760
0.18
$163,400
3
2
1,404
Off Market
318 King St, Olean, NY 14760
0.22
$102,200
3
1.5
1,416
Off Market
1218 Seneca Ave, Olean, NY 14760
0.23
$151,400
3
1
1,152
Off Market
935 Forness Ave, Olean, NY 14760
0.22
$194,700
3
1.5
1,920
Off Market

Price and Tax history

DateEventPrice
Aug 25, 2026
Source: NYSAMLSs #R1702863
PriceChange
$278,900
Price decreased by 7%
Jul 29, 2026
Source: NYSAMLSs #R1702863
Listed For Sale
$299,900

LGBTQ Local Legal Protections

Paul Pezzimenti, Howard Hanna Professionals - Olean, (716) 372-1155
Agent Phone: (716) 378-7039
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 2026-09-13 00:32:28 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.

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Frequently asked questions about 507 Line St

  • What is the estimated monthly payment for 507 Line St?
    Based on a $278,900 list price with 20% down at today's rates, the estimated monthly payment for 507 Line St in Olean, NY is approximately $2,137 (about $1,493 principal & interest, $569 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Olean?
    Residents describe Olean, NY as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in Olean, NY.
  • What are the closest schools to 507 Line St?
    The closest schools to 507 Line St in Olean, NY are East View Elementary School (Pre-K, rated 3/10), Olean Middle School (Elementary, rated 4/10), Olean Senior High School (Middle, rated 6/10).
  • What is 507 Line St estimated to be worth?
    Trulia's estimated value for 507 Line St in Olean, NY is $265,500.
  • Does 507 Line St have air conditioning?
    Yes, 507 Line St in Olean, NY has air conditioning.
  • Does 507 Line St have laundry facilities?
    Yes, 507 Line St in Olean, NY has laundry facilities.
507 Line St, Olean, NY 14760 is a 3 bedroom, 3 bathroom, 1,736 sqft single-family home built in 1955. This property is currently available for sale and was listed by NYSAMLSs on Jul 29, 2026. The MLS # for this home is MLS# R1702863.