550 Genesee St, Olean, NY 14760
Property image
Property image
OFF MARKET

550 Genesee St
Olean, NY 14760

    (on 22.09 acres)

    Local Information

    • Map ViewExplore the area around 550 Genesee St.
    • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    22.09 acres

    About this House

    FOREST HILLS SUBDIVISION the largest remaining subdivision in Olean. Offered as a unit, 40+remaining lots. Great opportunity for any builder,developer or investor.
    550 Genesee St, Olean, NY 14760 is a lot/land. It last sold for $150,900 on Mar 28, 2014. It is currently off market. The Trulia Estimate rent is $1,050/month.

    Home Details for 550 Genesee St

    Interior Features

    Heating & Cooling
    Heating: GasHeating Fuel: Gas

    Exterior Features

    Exterior Home Features
    Roof: Other

    Property Information

    Property Type / Style
    Property Type: Lot LandArchitecture: Other

    Lot Information

    Lot Area: 22.09 acres

    Price History for 550 Genesee St

    DatePriceEventSource
    09/30/2016$125,000ListingRemovedAgent Provided
    07/30/2015$125,000PriceChange
    Agent Provided
    07/15/2015$150,000PriceChange
    Agent Provided
    11/14/2014$200,000PriceChange
    Agent Provided
    10/28/2014$250,000PriceChange
    Agent Provided
    08/19/2014$450,000PriceChange
    Agent Provided
    03/29/2014$475,000Listed For SaleAgent Provided
    03/28/2014$150,900Sold
    N/A
    09/19/2012$18,000Sold
    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
    4    MoM
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    Property Tax and Assessment

    Year2017
    Tax$242
    Assessment$169,551
    Home facts updated by county records

    Comparable Sales for 550 Genesee St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    112 Fulton St, Olean, NY
    0.98
    Lot/Land
    $74,500
    03/16/26
    3
    -
    1,507
    1789 David Dr #38, Olean, NY
    1.38
    Lot/Land
    $20,000
    08/13/25
    -
    -
    1873 Dugan Rd #66, Olean, NY
    1.65
    Lot/Land
    $35,000
    06/04/26
    -
    -
    1446 Penn Ave #24, Westons Mills, NY
    2.94
    Lot/Land
    $120,000
    01/15/26
    6
    1.5
    2,992
    2364 Five Mile Rd #15, Allegany, NY
    4.13
    Lot/Land
    $272,500
    01/28/26
    -
    -
    1025 Promised Land Rd, Olean, NY
    3.99
    Lot/Land
    $23,000
    07/01/26
    2
    1
    -
    Haskell Rd, Cuba, NY
    5.31
    Lot/Land
    $125,000
    03/16/26
    -
    -
    Indian Creek Rd, Olean, NY
    5.31
    Lot/Land
    $50,000
    01/09/26
    -
    -
    1154 Little Loop Rd #4, Portville, NY
    5.48
    Lot/Land
    $135,000
    07/22/26
    -
    500
    1209 Little Loop Rd, Portville, NY
    5.55
    Lot/Land
    $115,000
    06/05/26
    1
    1
    650

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 550 Genesee 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
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    • 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
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    • 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
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    • 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
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    • 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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    Frequently asked questions about 550 Genesee St

    • What is the price history for 550 Genesee St?
      550 Genesee St in Olean, NY last sold for $150,900 in March 2014.
    • 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 550 Genesee St?
      The closest schools to 550 Genesee 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).