702 Prospect Ave, Olean, NY 14760
SOLD
NOV 5, 2025

702 Prospect Ave
Olean, NY 14760

  • 2 Beds
  • 1 Bath
  • 888 sqft

$120,000

Last Sold: Nov 5, 2025
8% below list $130K
$135/sqft
Est. Refi. Payment $894/mo*
Refinance Your Home

$120,000

Last Sold: Nov 5, 2025
8% below list $130K
$135/sqft
Est. Refi. Payment $894/mo*
Refinance Your Home
2 Beds
1 Bath
888 sqft

Homes for sale near 702 Prospect Ave

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 16, 2026

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$135/sqft
Listed
180+ days ago

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: $129,900Price Per Sqft: $135/sqft
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
Last check for updates: about 6 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

Price History for 702 Prospect Ave

DatePriceEventSource
11/05/2025$120,000Sold
NYSAMLSs #R1631436
09/09/2025$129,900PendingNYSAMLSs #R1631436
08/23/2025$129,900ContingentNYSAMLSs #R1631436
08/18/2025$129,900Listed For SaleNYSAMLSs #R1631436
06/17/2019$30,000Sold
NYSAMLSs #R1178558
03/26/2019$33,500PendingAgent Provided
03/16/2019$33,500Listed For SaleAgent Provided
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Property Tax and Assessment

Year2025
Tax
Assessment$78,873
Home facts updated by county records

Comparable Sales for 702 Prospect Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
346 W Highland Ave, Olean, NY
0.41
Single-Family Home
$85,000
06/27/25
2
1
660
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
746 Bishop St, Olean, NY
0.52
Single-Family Home
$95,000
07/18/25
1
1
777
417 4th Ave, Olean, NY
0.45
Single-Family Home
$75,000
09/23/25
1
1
1,099
411 Prospect Ave, Olean, NY
0.38
Single-Family Home
$152,000
07/14/25
4
2
1,632
832 Garden Ave, Olean, NY
0.62
Single-Family Home
$77,000
09/26/25
4
1
1,260
713 Prince St, Olean, NY
0.30
Single-Family Home
$175,501
08/01/25
3
2
1,440
1218 Seneca Ave, Olean, NY
0.82
Single-Family Home
$155,500
05/23/25
3
1
1,152

Assigned Schools

These are the assigned schools for 702 Prospect Ave.
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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

Learn more about our methodology.
  • 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 2026-05-07 07:22:30 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.

Homes for rent near 702 Prospect Ave

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Off Market Homes Near 702 Prospect Ave

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702 Prospect Ave, Olean, NY 14760 is a 2 bedroom, 1 bathroom, 888 sqft single-family home built in 1921. This property is not currently available for sale. 702 Prospect Ave was last sold on Nov 5, 2025 for $120,000 (8% lower than the asking price of $129,900). The current Trulia Estimate for 702 Prospect Ave is $117,000.