702 Prospect Ave, Olean, NY 14760
OFF MARKET

$121,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 888 sqft

702 Prospect Ave, Olean, NY 14760

Est. Refi. Payment $963/mo*
Refinance Your Home
Currently Off Market - Sold Nov 5, 2025 for $120,000

Home Value

Trulia Estimate
$121K
Since last month
Increased$3K (+2.6%)
Since last year
Decreased$5K (-4.1%)
Since last sale
Increased$900 (+0.8%)
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 +118% in the last 10 years
MonthEstimated value
2026
September 2026$121K
August 2026$118K
July 2026$117K
June 2026$116K
May 2026$117K
April 2026$117K
March 2026$119K
February 2026$119K
January 2026$120K
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
417 Paragon Ave, Olean, NY
0.39
Single-Family Home
$100,000
08/17/26
3
1
1,008
521 E Spring St, Olean, NY
0.22
Single-Family Home
$167,055
08/27/26
3
1
1,188
714 Front St, Olean, NY
0.45
Single-Family Home
$112,000
03/12/26
3
1
1,056
546 King St, Olean, NY
0.46
Single-Family Home
$90,000
12/22/25
3
1
720
405 4th Ave, Olean, NY
0.45
Single-Family Home
$47,000
07/09/26
2
1
1,100
417 4th Ave, Olean, NY
0.45
Single-Family Home
$75,000
09/23/25
1
1
1,099
735 E Highland Ave, Olean, NY
0.11
Single-Family Home
$146,000
07/07/26
3
1.5
1,488

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
0.04
$197,100
3
2
1,458
Off Market
735 E Highland Ave, Olean, NY 14760
0.11
$146,000
3
1.5
1,488
Recently Sold
565 Prospect Ave, Olean, NY 14760
0.11
$108,400
3
1
1,302
Off Market
832 Prospect Ave, Olean, NY 14760
0.16
$213,300
3
1.5
2,100
Off Market
834 Prospect Ave, Olean, NY 14760
0.18
$272,000
3
2
1,323
Off Market
555 E Highland Ave, Olean, NY 14760
0.16
$117,300
3
1
912
Off Market
526 Prospect Ave, Olean, NY 14760
0.19
$145,800
3
2
1,430
Off Market
935 Queen St, Olean, NY 14760
0.24
$240,000
4
2.5
1,956
Recently Sold
521 E Spring St, Olean, NY 14760
0.22
$167,055
3
1
1,188
Recently Sold
915 Prospect Ave, Olean, NY 14760
0.25
$195,000
4
2.5
2,576
Recently Sold
801 Bell St, Olean, NY 14760
0.27
$127,000
3
2
1,844
Off Market

Local Information

  • Map ViewExplore the area around 702 Prospect Ave.
  • Schools1 Preschool School2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1921
888 sqft
$136/sqft

About this House

Welcome to this adorable 2 bedroom, 1 bath ranch with 888 square feet of comfortable living space. Perfectly sized and easy to maintain, this home offers the charm of simple living with just the right amount of space. Step inside and you’ll find a welcoming layout filled with natural light, making each room feel bright and cheerful. The hot water baseboard heat (boiler system) keeps the home toasty warm all winter long. Outside, the fenced backyard is a true bonus—ideal for pets, play, or just enjoying a private spot to relax and unwind. Whether you’re starting out, downsizing, or looking for an investment, this home is full of possibilities! Affordable, cozy, and move-in ready—don’t miss your chance to call this charming ranch yours!
702 Prospect Ave, Olean, NY 14760 is a 2 bedroom, 1 bathroom, 888 sqft single-family home built in 1921. It last sold for $120,000 on Nov 5, 2025 (8% below the $129,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $121,000, with a rent estimate of $1,184/month.
Last check for updates: about 4 hours ago
Listed by Kenneth M. Bailey, (716) 307-6960
Real Estate Pros & More
Bought with: Brad Johnson, (716) 397-8494, EXP-Premier Listings Team
Originating MLS: Chautauqua-Cattaraugus
Source: NYSAMLSs, MLS#R1631436

Home Details for 702 Prospect Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl Space,Sump PumpNumber 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: 888 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Gas Water HeaterLaundry: Main Level
Heating & Cooling
Heating: Gas,Hot WaterHas HeatingHeating Fuel: Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Laminate, Varies
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Laminate, Varies

Exterior Features

Exterior Home Features
Roof: Architectural Metal ShingleExterior: Blacktop DrivewayFoundation: Block
Parking & Garage
No GarageParking: No Garage
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1921
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Blown-In Insulation, Frame, Spray Foam Insulation, Copper Plumbing
Property Information
Condition: ResaleParcel Number: 04120009405800020250000000

Price & Status

Price
List Price: $129,900
Status Change & Dates
Off Market Date: Fri Aug 22 2025Possession 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: 888 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Chautauqua-Cattaraugus

Lot Information

Lot Area: 5619.24 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: R1631436Living Area Range Units: Square FeetAttic: Pull Down StairsAttribution Contact: 716-307-6960Universal Property Id: US-36009-N-04120009405800020250000000-R-N

Price and Tax history

DateEventPrice
Nov 5, 2025
Source: NYSAMLSs #R1631436
Sold
$120,000
Sep 9, 2025
Source: NYSAMLSs #R1631436
Pending
$129,900
Aug 23, 2025
Source: NYSAMLSs #R1631436
Contingent
$129,900
Aug 18, 2025
Source: NYSAMLSs #R1631436
Listed For Sale
$129,900
Jun 17, 2019
Source: NYSAMLSs #R1178558
Sold
$30,000

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 2026-09-20 15:55:27 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 702 Prospect Ave

  • What is 702 Prospect Ave estimated to be worth?
    Trulia's estimated value for 702 Prospect Ave in Olean, NY is $121,000.
  • What is the price history for 702 Prospect Ave?
    702 Prospect Ave in Olean, NY last sold for $120,000 in November 2025.
  • 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 702 Prospect Ave have laundry facilities?
    Yes, 702 Prospect Ave in Olean, NY has laundry facilities.
  • How big is the lot at 702 Prospect Ave?
    The lot at 702 Prospect Ave in Olean, NY is about 0.13 acres (5,619 sq ft).

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