$25,000
3 Beds
1.5 Baths
1,184 sqft (on 0.25 acres)
507 N 7th St, Olean, NY 14760
Est. Mortgage $261/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1910
0.25 acre lot
$21/sqft
Local Information
- Map ViewExplore the area around 507 N 7th St.
- Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
- Shop & Eat
-- mins to
About this House
What's unique:New siding
Great potential investment for a contractor! Much of this remodel is already complete: New siding, roof, insulation, plumbing, electrical, windows, doors, and hot water tank. Roughed out for three bedrooms, 1.5 baths and first floor laundry. Front porch done with long lasting composite flooring. Needs someone with vision to finish it. Located close to restaurants and stores.
Foundation issue: we have a quote for 16K and 19K to repair it.
Someone cut the electric wires for no reason other than mean spirited vandalism.
New Furnace was paid for and never installed.
Price reflects these issue.
Foundation issue: we have a quote for 16K and 19K to repair it.
Someone cut the electric wires for no reason other than mean spirited vandalism.
New Furnace was paid for and never installed.
Price reflects these issue.
Last check for updates: about 9 hours ago
Listing by: EXP-Premier Listings Team, (888) 276-0630
Rebecca Laborde, (716) 378-5055
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1666066
Also Listed on NYSAMLSs.
Home Details for 507 N 7th St
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Interior Details Basement: FullNumber of Rooms: 8 |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1184 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water HeaterLaundry: Main Level |
Heating & Cooling Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Other, See Remarks |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Other, See Remarks |
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Exterior Home Features Exterior: Gravel DrivewayFoundation: Block |
Parking & Garage No GarageParking: No Garage |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
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Cumulative Days on Market: 77Days on Market: 180+ |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story |
Building Construction Materials: Vinyl Siding |
Property Information Condition: ResaleParcel Number: 04120094.048216 |
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Price List Price: $25,000Price Per Sqft: $21 |
Status Change & Dates Off Market Date: Tue Jun 23 2026Possession Timing: Close Of Escrow |
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MLS Status: Pending |
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Direction & Address City: Olean |
School Information Elementary School District: OleanJr High / Middle School District: OleanHigh School District: Olean |
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Listing Agent Listing ID: R1666066 |
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Building Area Building Area: 1184 Square Feet |
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Not Senior Community |
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Association for this Listing: Chautauqua-Cattaraugus |
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Lot Area: 10890 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash |
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BasementMls Number: R1666066Living Area Range Units: Square FeetAttribution Contact: 716-378-5055Universal Property Id: US-36009-N-04120094048216-R-N |
Around this home
What Locals Say about Olean
This October
Trick-or-Treat Score
Built from what locals say about this neighborhood.- 88% say there are sidewalks
- 79% say there's holiday spirit
- 55% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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.
Market trends in Olean
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
63
9MoM
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 |
|---|---|---|---|---|---|---|---|
0.03 | Single-Family Home | $70,000 | 06/18/26 | 2 | 1.5 | 1,248 | |
0.04 | Single-Family Home | $50,000 | 08/18/26 | 2 | 1 | 789 | |
0.16 | Single-Family Home | $63,000 | 09/14/26 | 3 | 1 | 1,284 | |
0.36 | Single-Family Home | $9,000 | 09/25/26 | 3 | 1 | 1,128 | |
0.28 | Single-Family Home | $97,000 | 09/10/26 | 3 | 1 | 1,391 | |
0.40 | Single-Family Home | $110,000 | 09/17/26 | 4 | 2 | 1,199 | |
0.22 | Single-Family Home | $80,000 | 07/29/26 | 3 | 1 | 1,238 | |
0.49 | Single-Family Home | $130,000 | 07/31/26 | 3 | 1 | 1,408 | |
0.31 | Single-Family Home | $179,000 | 09/22/26 | 4 | 2 | 1,472 |
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 |
|---|---|---|---|---|---|---|
0.01 | - | 2 | 1 | 1,092 | Off Market | |
0.01 | - | - | - | - | Off Market | |
0.01 | - | - | - | - | Off Market | |
0.01 | - | 2 | 1 | 871 | Off Market | |
0.02 | - | 5 | 2 | 2,395 | Off Market | |
0.03 | $87,100 | 3 | 2 | 1,720 | Off Market | |
0.03 | $160,700 | 4 | 2 | 1,660 | Off Market | |
0.03 | - | 2 | 1 | 2,756 | Off Market | |
0.03 | $70,000 | 2 | 1.5 | 1,248 | Recently Sold | |
0.03 | - | - | - | - | Off Market | |
0.03 | $96,200 | 3 | 2 | 1,865 | Off Market | |
0.03 | - | 2 | 1 | 2,296 | Off Market | |
0.04 | - | 4 | 2 | 1,910 | Off Market | |
0.04 | $50,000 | 2 | 1 | 789 | Recently Sold | |
0.04 | - | 3 | 1 | 960 | Off Market | |
0.04 | - | 2 | 1 | 1,000 | Off Market | |
0.04 | - | 2 | 1 | 775 | Off Market | |
0.05 | - | 2 | 2 | 1,032 | Off Market | |
0.05 | $80,200 | 3 | 1 | 1,462 | Off Market | |
0.05 | $110,000 | Studio | - | 1,408 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 24, 2026 Source: NYSAMLSs #R1666066 | Pending | $25,000 |
Jun 18, 2026 Source: NYSAMLSs #R1666066 | PriceChange | $25,000 Price decreased by 38% |
May 8, 2026 Source: NYSAMLSs #R1666066 | PriceChange | $40,000 Price decreased by 20% |
Apr 19, 2026 Source: NYSAMLSs #R1666066 | PriceChange | $50,000 Price decreased by 23% |
Apr 7, 2026 Source: NYSAMLSs #R1666066 | Listed For Sale | $64,900 |
Mar 8, 2024 Source: NYSAMLSs #R1503219 | Sold | $7,500 |
Oct 10, 2023 Source: NYSAMLSs #R1503219 | Pending | $8,500 |
Oct 10, 2023 Source: NYSAMLSs #R1503219 | Listed For Sale | $8,500 |
Apr 26, 2021 Source: N/A | Sold | $2,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $52,113 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Rebecca Laborde, EXP-Premier Listings Team, (888) 276-0630
Agent Phone: (716) 378-5055
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 2026-10-10 22:05:42 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.
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Frequently asked questions about 507 N 7th St
- What is the estimated monthly payment for 507 N 7th St?Based on a $25,000 list price with 20% down at today's rates, the estimated monthly payment for 507 N 7th St in Olean, NY is approximately $264 (about $138 principal & interest, $51 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 N 7th St?The closest schools to 507 N 7th St in Olean, NY are Olean Middle School (Elementary, rated 4/10), Olean Senior High School (Middle, rated 6/10), Washington West Elementary School (Pre-K, rated 2/10).
- Does 507 N 7th St have laundry facilities?Yes, 507 N 7th St in Olean, NY has laundry facilities.
- How big is the lot at 507 N 7th St?The lot at 507 N 7th St in Olean, NY is about 0.25 acres (10,890 sq ft).
507 N 7th St, Olean, NY 14760 is a 3 bedroom, 2 bathroom, 1,184 sqft single-family home built in 1910. This property is currently available for sale and was listed by NYSAMLSs on Apr 7, 2026. The MLS # for this home is MLS# R1666066.