565 Prospect Ave, Olean, NY 14760
OFF MARKET

$110,100

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,302 sqft

565 Prospect Ave, Olean, NY 14760

Est. Refi. Payment $882/mo*
Refinance Your Home
Currently Off Market - Sold Mar 28, 2024 for $85,000

Home Value

Trulia Estimate
$110K
Since last month
Increased$3K (+3.2%)
Since last year
Increased$16K (+17%)
Since last sale
Increased$25K (+29.5%)
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 +78% in the last 10 years
MonthEstimated value
2026
September 2026$110K
August 2026$107K
July 2026$111K
June 2026$119K
May 2026$114K
April 2026$104K
March 2026$99K
February 2026$97K
January 2026$100K
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
521 E Spring St, Olean, NY
0.17
Single-Family Home
$167,055
08/27/26
3
1
1,188
417 Paragon Ave, Olean, NY
0.28
Single-Family Home
$100,000
08/17/26
3
1
1,008
714 Front St, Olean, NY
0.34
Single-Family Home
$112,000
03/12/26
3
1
1,056
702 Prospect Ave, Olean, NY
0.11
Single-Family Home
$120,000
11/05/25
2
1
888
309 Paragon Ave, Olean, NY
0.34
Single-Family Home
$158,000
05/13/26
3
1
1,332
802 Garden Ave, Olean, NY
0.64
Single-Family Home
$99,900
09/18/26
3
1
1,216
405 4th Ave, Olean, NY
0.34
Single-Family Home
$47,000
07/09/26
2
1
1,100
546 King St, Olean, NY
0.56
Single-Family Home
$90,000
12/22/25
3
1
720

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
655 Prospect Ave, Olean, NY 14760
0.10
$196,200
3
2
1,458
Off Market
702 Prospect Ave, Olean, NY 14760
0.11
$119,800
2
1
888
Off Market
526 Prospect Ave, Olean, NY 14760
0.08
$146,600
3
2
1,430
Off Market
555 E Highland Ave, Olean, NY 14760
0.13
$116,800
3
1
912
Off Market
521 E Spring St, Olean, NY 14760
0.17
$167,055
3
1
1,188
Recently Sold
735 E Highland Ave, Olean, NY 14760
0.21
$146,000
3
1.5
1,488
Recently Sold
832 Prospect Ave, Olean, NY 14760
0.27
$212,400
3
1.5
2,100
Off Market
232 5th Ave, Olean, NY 14760
0.24
$160,700
3
1
852
Off Market
834 Prospect Ave, Olean, NY 14760
0.28
$269,100
3
2
1,323
Off Market
302 5th Ave, Olean, NY 14760
0.24
$107,300
2
1
768
Off Market
411 Prospect Ave, Olean, NY 14760
0.28
$151,000
4
2
1,632
Off Market

Local Information

  • Map ViewExplore the area around 565 Prospect Ave.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1946
1,302 sqft
$85/sqft
Garage

About this House

What's unique:Gas fireplaceDetached one car garageNice size family room
Well maintained East Olean tri-level home. The home has a nice size family room and formal living room with a gas fireplace. The second level has two bedrooms and a full bathroom. The third level has a bedroom with plenty of storage. The interior of the home has been freshly painted. The laundry is right off the family room. There is a detached one car garage and concrete patio to hang out on.
565 Prospect Ave, Olean, NY 14760 is a 3 bedroom, 1 bathroom, 1,302 sqft single-family home built in 1946. It last sold for $85,000 on Mar 28, 2024 (15% below the $99,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $110,100, with a rent estimate of $1,586/month.
Last check for updates: about 1 hour ago
Listed by Dennis B. Pezzimenti, (716) 378-8989
Howard Hanna Professionals - Olean
Bought with: Gregory J Spako, (716) 353-1440, ERA Team VP Real Estate
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1492728

Home Details for 565 Prospect Ave

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1302 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, RefrigeratorDishwasherLaundry: Main LevelRefrigerator
Heating & Cooling
Heating: Gas,Forced AirHas HeatingHeating Fuel: Gas
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Varies, Vinyl
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Floors: Carpet, Hardwood, Varies, Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Open, Patio, PorchExterior: Blacktop Driveway, PatioFoundation: Block
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Detached,Garage
Frontage
Road Frontage: City Street, Main ThoroughfareNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 154

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape Cod
Building
Construction Materials: Vinyl Siding
Property Information
Condition: ResaleParcel Number: 04120009405000060420000000

Price & Status

Price
List Price: $99,900
Status Change & Dates
Off Market Date: Mon Jan 22 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

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

Building

Building Area
Building Area: 1302 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 7200.468 sqft

Listing Info

Special Conditions: Estate

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: R1492728Living Area Range Units: Square FeetAttribution Contact: 716-378-8989Universal Property Id: US-36009-N-04120009405000060420000000-R-N

Price and Tax history

DateEventPrice
Mar 28, 2024
Source: NYSAMLSs #R1492728
Sold
$85,000
Jan 22, 2024
Source: NYSAMLSs #R1492728
Pending
$99,900
Oct 31, 2023
Source: NYSAMLSs #R1492728
PriceChange
$99,900
Price decreased by 9%
Sep 1, 2023
Source: NYSAMLSs #R1492728
PriceChange
$109,900
Price decreased by 8%
Aug 21, 2023
Source: NYSAMLSs #R1492728
Listed For Sale
$119,900

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

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

LGBTQ Local Legal Protections

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 2026-09-23 10:27:43 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.

Frequently asked questions about 565 Prospect Ave

  • What is 565 Prospect Ave estimated to be worth?
    Trulia's estimated value for 565 Prospect Ave in Olean, NY is $110,100.
  • What is the price history for 565 Prospect Ave?
    565 Prospect Ave in Olean, NY last sold for $85,000 in March 2024.
  • Is Olean a buyer's or seller's market?
    Olean is currently a balanced 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.
  • Does 565 Prospect Ave have laundry facilities?
    Yes, 565 Prospect Ave in Olean, NY has laundry facilities.
  • How big is the lot at 565 Prospect Ave?
    The lot at 565 Prospect Ave in Olean, NY is about 0.17 acres (7,200 sq ft).

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