516 N 7th St, Olean, NY 14760
OFF MARKET

516 N 7th St
Olean, NY 14760

  • 2 Beds
  • 1 Bath
  • 789 sqft
2 Beds
1 Bath
789 sqft

Local Information

  • Map ViewExplore the area around 516 N 7th 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
789 sqft

About this House

Charming single story home located on a dead end street within walking distance to Olean High and Middle schools, the YMCA and shopping. Relax on the covered front porch or enjoy the large back yard that is ideal for gardening or for family entertaining. Storage shed is ideal for your lawn mower and garden tools. Large concrete driveway would be perfect for a carport or garage.
516 N 7th St, Olean, NY 14760 is a 2 bedroom, 1 bathroom, 789 sqft single-family home built in 1910. It last sold for $40,000 on Nov 25, 2024 (20% below the $49,900 asking price). More recently, it was listed as a rental in June 2025 with an asking price of $980 per month. That rental listing was removed on June 30, 2025. It is currently off market. The Trulia Estimate rent is $1,207/month.

Home Details for 516 N 7th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: FullNumber of Rooms: 5
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 789 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, WasherDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Laminate, Varies
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Laminate, Varies

Exterior Features

Exterior Home Features
Patio / Porch: Open, PorchExterior: Concrete DrivewayFoundation: Block
Parking & Garage
No GarageParking: No Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 44

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Vinyl Siding
Property Information
Condition: ResaleParcel Number: 04120009404800020210000000

Price & Status

Price
List Price: $49,900
Status Change & Dates
Off Market Date: Tue Oct 15 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: 789 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 6398.964 sqft

Listing Info

Special Conditions: Estate

Offer

Listing Terms: Cash, Conventional, FHA

Miscellaneous

BasementMls Number: R1550227Living Area Range Units: Square FeetAttribution Contact: 716-307-7169Universal Property Id: US-36009-N-04120009404800020210000000-R-N
Last check for updates: about 23 hours ago
Listed by John E. Skadowski, (716) 307-7169
Howard Hanna Professionals - Olean
Bought with: Kamille J Connelly, (814) 596-8558, EXP-Premier Listings Team
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1550227

Price History for 516 N 7th St

DatePriceEventSource
06/30/2025$980ListingRemovedZillow Rentals
06/28/2025$980Listed For RentZillow Rentals
11/25/2024$40,000Sold
NYSAMLSs #R1550227
10/17/2024$49,900PendingNYSAMLSs #R1550227
09/25/2024$49,900PriceChange
NYSAMLSs #R1550227
09/09/2024$53,900PendingToActiveNYSAMLSs #R1550227
08/09/2024$53,900PendingNYSAMLSs #R1550227
08/02/2024$53,900Listed For SaleNYSAMLSs #R1550227

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$49,296
Home facts updated by county records

Comparable Sales for 516 N 7th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
512 N 7th St, Olean, NY
0.01
Single-Family Home
$70,000
06/18/26
2
1.5
1,248
329 N 6th St, Olean, NY
0.22
Single-Family Home
$44,500
08/28/25
2
1
912
942 N 4th St, Olean, NY
0.36
Single-Family Home
$64,000
10/03/25
2
1.5
876
319 N 7th St, Olean, NY
0.25
Single-Family Home
$80,000
07/29/26
3
1
1,238
405 4th Ave, Olean, NY
0.78
Single-Family Home
$47,000
07/09/26
2
1
1,100
1014 N Union St, Olean, NY
0.49
Single-Family Home
$30,000
03/19/26
2
1
1,224
935 N 4th St, Olean, NY
0.33
Single-Family Home
$122,500
06/15/26
3
1
1,364
211 W Oak St, Olean, NY
0.52
Single-Family Home
$50,000
10/27/25
3
1
1,584

Nearby homes

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Assigned Schools

These are the assigned schools for 516 N 7th 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
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  • 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 516 N 7th St

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Off Market Homes Near 516 N 7th St

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Frequently asked questions about 516 N 7th St

  • What is the price history for 516 N 7th St?
    516 N 7th St in Olean, NY last sold for $40,000 in November 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.
  • What are the closest schools to 516 N 7th St?
    The closest schools to 516 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 516 N 7th St have laundry facilities?
    Yes, 516 N 7th St in Olean, NY has in-unit laundry.
  • How big is the lot at 516 N 7th St?
    The lot at 516 N 7th St in Olean, NY is about 0.15 acres (6,399 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 2026-08-07 18:35:39 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.