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Olean 14760
925 Forness Avenue
$140,000
● House - Off Market

925 Forness Avenue

Olean, NY 14760
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,774 Ft²
$1,182
Est. Monthly

About This Property

Opportunity Knocks on Forness Ave - A Solid Split-Level with Serious Potential. Don't miss your chance to own this spacious split-level home in one of Olean's most sought-after locations - a spot that's genuinely tough to find on the market. With strong bones, a great layout, and some of the most desirable features buyers are looking for, this property is ready for someone with a vision to make it shine.

The upper level offers three well-proportioned bedrooms, while the lower level presents a versatile fourth room that works perfectly as an additional bedroom, home office, or flex space - whatever fits your lifestyle. Central air conditioning keeps things comfortable all summer long, a feature that sets this home apart from many in the area. Perhaps the most impressive offering is the attached two-car garage tucked right under the home - a practical, weather-protected setup that's both functional and convenient. Whether you're keeping vehicles out of the elements or need serious storage space, it's a feature you'll appreciate every single day. Yes, this home has some cosmetic work ahead, but that's exactly where the opportunity lies. The hard stuff - the structure, the location, the layout - is already there. A little TLC and your personal touch are all it takes to transform this property into something truly special, and build real equity in the process. Great location. Great bones. Great potential. Come take a look before someone else does.
Unit Size
1,774 Ft²
Days on Market
93 days
Land Size
0.38 acres
Price per sqft
$85
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1972

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Last updated: 2 months ago (NYSAMLS #R1683199)

Price History

Date / Event Date Event Price
Aug 21, 2026 Sold
Sold
Jun 25, 2026 In contract -
In contract
Jun 24, 2026 Relisted $149,900
Relisted
May 29, 2026 In contract -
In contract
May 20, 2026 Listed by Howard Hanna Professionals - Olean $149,900
Listed by Howard Hanna Professionals - Olean
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 650
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,660
  • Lot Size Depth Feet: 1,666
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,774
  • Building Area: 1,774
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,774
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000382
  • 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: 961800

Zoning

  • Zoning: R1

Geography

  • Account Number: 016200
  • District: 041200
  • Section: 94.59
  • Parcel: 041200 94.059-4-14
  • Block: 4
  • Lot: 14.000
  • Municipality: OLEAN
  • Latitude: 42.0824
  • Longitude: -78.407

    Address

  • Full Address: 925 Forness Ave
  • Address - House Number: 925
  • Address - Street Name: Forness
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Olean
  • Carrier Code: C008
  • 4-Digit Zip Code: 3026
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $259,685
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 138,286
  • High Value: 159,713
  • Low Value: 116,858

    Market Valuation

  • Market Total Value: $119,231
  • Market Land Value: $29,487
  • Market Improvement Value: $89,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,000
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $70,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2000
  • Current Sale Recording Date: Jul 21, 2000
  • Current Sale Price:
  • Current 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 925 Forness Avenue built and last sold?
The property at 925 Forness Avenue was built in 1972 and last sold on Jul 21, 2000 for $5,633.
How much is this home worth?
The estimated value of the home located at 925 Forness Avenue is $149,728.
What are some comparable homes to 925 Forness Avenue?
There are currently no comparable homes to 925 Forness Avenue.