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$174500   Price Analysis
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616 Washington St
Olean, NY 14760
3 bed 3 bath 1666 SqFt ($104/SqFt)
4680SqFt lot. Built 1910
Listed 2024-05-02, Taxes $2219
USDA Eligible
near Olean, NY
 

This meticulously updated turnkey home combines vintage charm with modern amenities

* Sale Pending *

Currently operating as a thriving Airbnb. Interior features new hardwood floors, hand-planed and finished to perfection. The floor plan has been reworked opening the space and adding a half bath off the main living area. Restored to its original glory the staircase evokes a sense of nostalgia known in Olean, NY. Exposed brick chimney creates a cozy ambiance. The kitchen has a breakfast bar and the dining room features a custom window seat. The primary suite on the second floor is a true retreat with tile shower & big walk-in closet. Also upstairs are t wo additional bedrooms, a full bath & conveniently located hall laundry. Upgrades include electrical, plumbing, windows, insulation, mechanicals, roof & more. Situated across the street from Oak Hill Park, all of the outdoor space with none of the maintenance!

The Washington Street Theater is djacent to the home & it's located around the block from Olean High School & historic downtown. This property offers a unique opportunity to own a piece of history with modern comforts or with a proven track record of successful bookings, a passive income stream.


Presented by Caitlin Croft at
Heritage Property Source.


Property MLS #B1535356 from NYStateAlliance

Bedrooms: 3

Total Rooms: 10
Basement Description: Full

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1
Bathrooms On Main Level: 1

BreakfastBar
SeparateFormalDiningRoom
Furnished
PullDownAtticStairs
SolidSurfaceCounters
BathinPrimaryBedroom
Flooring: Hardwood, Tile, Varies

Dryer
GasOven
GasRange
GasWaterHeater
Microwave
Refrigerator
Washer
Laundry Features: UpperLevel

Heating Features: Gas, ForcedAir
Heating: Yes

ConcreteDriveway
Patio And Porch Features: Open, Porch
Road Frontage Type: CityStreet

Lot Description: CornerLot, ResidentialLot
Lot Size Acres: 0.107438
Lot Size Dimensions: 78X60
Lot Size Square Feet: 4680

Garage Spaces: 1
Garage Description: Detached, Electricity, Garage
Parking Features: Detached, Electricity, Garage

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Olean
High School District: Olean
Middle or Junior School District: Olean

Olean Senior High School is a public middle and high school located approximately 0.2 miles away.
directions icon Map directions

Olean Middle School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Southern Tier Catholic School is a private elementary and middle school located approximately 0.5 miles away.
directions icon Map directions

Annual Tax Amount: 2462
Source Listing Status: Pending
County: Cattaraugus
Cross Street: 6th
Directions: From W. State Street to N. 6th St. Make a left onto Washington, home is on the corner. Driveway is on Washington.
Source Property Type: Residential
Area: Olean-City-041200
Source Neighborhood: Olean-City-041200
Parcel Number: 041200-094-064-0004-043-000-0000
Postal City: Olean
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$11300 + $3700
$15000
$2219
2022$11300 + $3700
$15000
$586
2021$11300 + $3700
$15000
$594
2020$11300 + $3700
$15000
$1292
2017$11300 + $3700
$15000
$5211
2016$55200 + $3700
$58900
$2361
2015$55200 + $3700
$58900
$2312
2014$55200 + $3700
$58900
$2229
2014$55200 + $3700
$58900
$2261
2013$55200 + $3700
$58900
$2170
2012$55200 + $3700
$58900
$1473
2011$55200 + $3700
$58900
$1456
2010$55200 + $3700
$58900
$2297
2009$4810 + $1090
$5900
$1622
2007$4810 + $1090
$5900
$2480

Listed 2024-05-02
$174500
NYStateAlliance
Listing removed 2024-05-01
$174500
NYStateAlliance
Listed 2024-04-21
$174500
NYStateAlliance
Listing removed 2023-09-01
$159000
Chautauqua-Cattaraugus
Price Changed 2023-05-03
$159000
Chautauqua-Cattaraugus
Price Changed 2023-04-05
$169000
Chautauqua-Cattaraugus
Listed 2023-03-08
$179000
Chautauqua-Cattaraugus
Sold 2016-11-10
$7100
NYStateAlliance
Price Changed 2016-09-13
$4500
NYStateAlliance
Price Changed 2016-09-02
$7500
NYStateAlliance
Price Changed 2016-08-11
$10000
NYStateAlliance
Price Changed 2016-07-27
$28200
NYStateAlliance
Price Changed 2016-06-23
$30550
NYStateAlliance
Price Changed 2016-06-08
$32900
NYStateAlliance
Price Changed 2016-04-22
$35250
NYStateAlliance
Listed 2016-03-15
$37600
NYStateAlliance
Sold 2004-08-24
$56000
Public Record
Sold 2000-03-03
$50000
Public Record

Total Square Feet Living: 1666
Year Built: 1910
Building Area Source: PublicRecords
Building Area Total: 1666
Construction Materials: FiberCement
Foundation Details: Block, Stone
Levels: Two
Property Age: 114
Property Condition: Resale
Roof: Asphalt, Shingle
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: TwoStory, Traditional

Sewer: Connected
CableAvailable
HighSpeedInternetAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.