550 Prospect Ave, Olean, NY 14760
OFF MARKET

550 Prospect Ave
Olean, NY 14760

  • 3 Beds
  • 1 Bath
  • 1,044 sqft (on 0.26 acres)
3 Beds
1 Bath
1,044 sqft
(on 0.26 acres)

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
1920
Lot Size
0.26 acres
Living Area
1,044 sqft
Parking
Garage

About this House

This single-family home is located at 550 Prospect Ave, Olean, NY. 550 Prospect Ave is in Olean, NY and in ZIP code 14760. This property has 3 bedrooms, 1 bathroom and approximately 1,044 sqft of floor space. This property has a lot size of 0.26 acres and was built in 1920.
550 Prospect Ave, Olean, NY 14760 is a 3 bedroom, 1 bathroom, 1,044 sqft single-family home built in 1920. It last sold for $8,880 on Feb 24, 2000. It is currently off market. The Trulia Estimate rent is $1,407/month.

Home Details for 550 Prospect Ave

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family HomeArchitecture: Old Style

Exterior Features

Exterior Home Features
Exterior: Other
Parking & Garage
GarageParking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 0.26 acres

Price History for 550 Prospect Ave

DatePriceEventSource
02/24/2000$8,880Sold
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
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Property Tax and Assessment

Year2025
Tax
Assessment$54,225
Home facts updated by county records

Comparable Sales for 550 Prospect Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
554 Prospect Ave, Olean, NY
0.01
Single-Family Home
$740
12/17/25
3
2
1,496
309 Paragon Ave, Olean, NY
0.32
Single-Family Home
$158,000
05/13/26
3
1
1,332
714 Front St, Olean, NY
0.32
Single-Family Home
$112,000
03/12/26
3
1
1,056
702 Prospect Ave, Olean, NY
0.14
Single-Family Home
$120,000
11/05/25
2
1
888
405 4th Ave, Olean, NY
0.33
Single-Family Home
$47,000
07/09/26
2
1
1,100
769 Grandview Ave, Olean, NY
0.29
Single-Family Home
$107,500
05/29/26
3
2
1,400
622 Garden Ave, Olean, NY
0.43
Single-Family Home
$35,000
05/11/26
2
1
1,250
735 E Highland Ave, Olean, NY
0.21
Single-Family Home
$146,000
07/07/26
3
1.5
1,488
300 Hamilton Ave, Olean, NY
0.51
Single-Family Home
$10,000
01/27/26
4
3
1,600
417 4th Ave, Olean, NY
0.34
Single-Family Home
$75,000
09/23/25
1
1
1,099

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 550 Prospect Ave.
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

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Apartments for Rent

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Homes for sale near 550 Prospect Ave

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Off Market Homes Near 550 Prospect Ave

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Frequently asked questions about 550 Prospect Ave

  • What is the price history for 550 Prospect Ave?
    550 Prospect Ave in Olean, NY last sold for $8,880 in February 2000.
  • 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 Prospect Ave?
    The closest schools to 550 Prospect Ave 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).
  • How big is the lot at 550 Prospect Ave?
    The lot at 550 Prospect Ave in Olean, NY is about 0.26 acres (11,240 sq ft).
  • Does 550 Prospect Ave have a garage?
    Yes, 550 Prospect Ave in Olean, NY has a garage.