Sold6d on market
224 S 16th St
Olean, NY, 14760 • 14760 • Cattaraugus County
$69,000
$62/sqft
2Beds
2Baths
1,120Sqft
0.12 acLot
1940Built
Property DNA
Historic/Antique,Two Story Style
Built 1940 · 86 years of history
2-Car Garage
Attached · Garage · Garage Door Opener
Premium Finishes
Granite Counters
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
41 views
People checking out this listing
6 days on market
Just listed — act fast
$62/sqft
Price per square foot
About this home
Single Family · Built 1940
Discover the potential in this charming 2-bedroom, 2-full-bath home featuring beautiful hardwood floors and granite countertops that bring warmth and modern appeal to the open floor plan. The layout offers a bright living area that flows smoothly into the kitchen and dining spaces, creating an easy, comfortable feel throughout. One of the property's standout features is the amazing two-car garage, perfect for parking, storage, or hobby space—an amenity that adds tremendous value. Please note: the home does require significant foundational repair, making this an excellent opportunity for an investor, contractor, or buyer looking to add equity with renovations. Due to the scope of the work, only strong 20% conventional financing or cash offers can be considered. With appealing finishes, flexible living space, and a great garage, this home has incredible upside for the right buyer. Bring your vision and make it your next project!
Standout features identified
Our analysis highlights appealing finishes, open floor plan, and granite countertops as key attractions of this home.
Estimated monthly payment
Based on current rates
$450/month
Principal & Interest$358
Property Tax$69
Insurance$23
Down payment20% ($13,800)
3%50%
Est. 6.75% rate · 30yr fixed · $55,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1940
HeatingGas, Forced Air
Parking2 Attached Garage spaces
Lot5,074 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleHistoric/Antique,Two Story
ConditionResale
Year built1940
Stories2
Systems
HeatingGas, Forced Air
ConstructionVinyl Siding, Copper Plumbing
Water / SewerConnected, Public / Connected
Parking & Outdoor
ParkingAttached, Garage, Garage Door Opener
Garage2 spaces
BasementPartial
Lot5,074 sqft
Location & Tax
Neighborhood14760
Annual tax$3,368
Parcel04120094063548
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Interior
Breakfast Bar
Ceiling Fan(s)
Separate/Formal Living Room
Granite Counters
Kitchen Island
Appliances
Electric Oven
Electric Range
Gas Water Heater
Flooring
Hardwood
Varies
Heating
Gas
Forced Air
Laundry
Main Level
Exterior Features
Exterior
Concrete Driveway
Parking
Attached
Garage
Garage Door Opener
Construction
Vinyl Siding
Copper Plumbing
Lot Features
Corner Lot
Rectangular
Rectangular Lot
Residential Lot
Utilities
Cable Available
High Speed Internet Available
Sewer Connected
Water Connected
Listing insights
Market data and value estimates
StatusSold
Days on market6
Est. rent$1,417/mo
Tax rate2.45%
Price/sqft$62
On marketNov 20, 2025
PostedNov 20, 2025
Last sold$69,000
MLS statusClosed
MLS updatedApr 6, 2026
Tour days6
Views41
How are the schools in Olean?
3 schools rated nearby
Location
Olean, NY, 14760
Price history
5 events
DateEventPrice$/sqftSource
Apr 2, 2026Sold$69,000$62NYSAMLSs
Mar 6, 2026Pending Sale$69,900$62NYSAMLSs
Dec 4, 2025Price Change$69,900$62NYSAMLSs
Nov 20, 2025Listed For Sale$89,900$80NYSAMLSs
Oct 19, 1999Sold$8,000$7Agent Provided
Sold$69,000
Apr 2, 2026•$62/sqft•NYSAMLSs
Pending Sale$69,900
Mar 6, 2026•$62/sqft•NYSAMLSs
Price Change$69,900
Dec 4, 2025•$62/sqft•NYSAMLSs
Listed For Sale$89,900
Nov 20, 2025•$80/sqft•NYSAMLSs
Sold$8,000
Oct 19, 1999•$7/sqft•Agent Provided
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024—$60,000
Apr 9, 2023—$60,000
Apr 9, 2022—$60,000
Apr 9, 2021—$60,000
Apr 9, 2020—$60,000
Apr 9, 2019—$60,000
Apr 9, 2018—$60,000
Apr 9, 2017$901$60,000
Apr 9, 2016—$60,000
Apr 9, 2015—$60,000
Apr 9, 2014—$60,000
Apr 9, 2013—$60,000
Apr 9, 2012—$60,000
Apr 9, 2011—$60,000
Apr 9, 2010—$60,000
Apr 9, 2009—$60,000
Apr 9, 2008—$2,870
Apr 9, 2007—$2,870
Apr 9, 2006—$2,190
Apr 9, 2005—$2,190
Apr 9, 2004—$2,190
Apr 9, 2002—$2,190
Apr 9, 2001—$2,190
Nearby homes
Neighborhood details
Local context around this listing
Olean, NY • Cattaraugus County
Nearby neighborhoods
Saint Bonaventure
Nearby cities
AlleganyCattaraugusCubaDelevanFranklinvilleGowandaOleanRandolph
Nearby zip codes
14760
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