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Olean 14760
544 2nd Avenue
$238,500
● House - Off Market

544 2nd Avenue

Olean, NY 14760
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,360 Ft²
$1,485
Est. Monthly

About This Property

Discover comfortable living in this inviting four-bedroom home, thoughtfully designed for both relaxation and practicality. The heart of the home is a spacious kitchen with a large island, ideal for meal prep, family dinners, and hosting friends. Adjacent is a cozy living area complete with a gas insert fireplace and a wood stove on the other side in the storage/mudroom, adding warmth and charm. Then in the summer months you have central AC to keep you nice and cool!

Step outside to find a covered back deck spanning over 500 sq ft-perfect for enjoying the outdoors year-round. Unwind in the hot tub or set up a comfortable spot for evening gatherings; this deck is made for easy living.

This home also includes two full bathrooms, first-floor laundry, and an expansive garage with plenty of storage. The standout feature? A well-equipped garage apartment, ready to accommodate a tenant or offer a private space for a relative. This flexible setup can provide rental income or serve as a convenient guest suite.

Practical yet spacious, this home has everything you need, from comfort to versatility. Don't miss out on making it yours!
Unit Size
2,360 Ft²
Days on Market
144 days
Land Size
0.17 acres
Price per sqft
$97
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1890

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Last updated: 4 months ago (NYSAMLS #R1576661)

Price History

Date / Event Date Event Price
Apr 1, 2025 Sold
Sold
Feb 1, 2025 In contract -
In contract
Nov 8, 2024 Listed by Howard Hanna Professionals $229,900
Listed by Howard Hanna Professionals
Dec 21, 2016 Sold
Sold
Sep 9, 2016 Listed by Howard Hanna Professionals $134,500
Listed by Howard Hanna Professionals
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 7,475
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 575
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961500

Zoning

  • Zoning: R3

Geography

  • Account Number: 045985
  • District: 041200
  • Section: 94.50
  • Parcel: 041200 94.050-1-5
  • Block: 1
  • Lot: 5.000
  • Municipality: OLEAN
  • Latitude: 42.0905
  • Longitude: -78.4238

    Address

  • Full Address: 544 2nd Ave
  • Address - House Number: 544
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Olean
  • Carrier Code: C011
  • 4-Digit Zip Code: 1759
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $363,067
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 156,585
  • High Value: 180,557
  • Low Value: 132,612

    Market Valuation

  • Market Total Value: $102,564
  • Market Land Value: $7,051
  • Market Improvement Value: $95,513

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $74,500

    Sales

  • Current Sale Contract Date: Dec 20, 2016
  • Current Sale Recording Date: Dec 21, 2016
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 12, 2010
  • Previous Sale Contract Date: Apr 09, 2010
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olean


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Frequently Asked Questions

When was property at 544 2nd Avenue built and last sold?
The property at 544 2nd Avenue was built in 1890 and last sold on Dec 20, 2016 for $121,000.
How much is this home worth?
The estimated value of the home located at 544 2nd Avenue is $230,330.
What are some comparable homes to 544 2nd Avenue?
There are currently no comparable homes to 544 2nd Avenue.