Last Sold Price
2 beds1,116 sqft$31/sqft
1203 Reed St, Olean, NY 14760

Description

This home is a typical older 2 story city home that has been well tended to but decor is dated. There is a long term tenant paying $750.00/month rent and, if sold to a investor, would be more than willing to stay. For a owner/occupant, it would provide very comfortable living quarters.This home is a typical older 2 story city home that has been well tended to but decor is dated. There is a long term tenant paying $750.00/month rent and, if sold to a investor, would be more than willing to stay. For a owner/occupant, it would provide very comfortable living quarters.
LISTING CLOSED: 04/11/2018 12:00 AM

  1. Listed by Ronald F. Wolf • Real Estate Pros & More
    P: (716) 372-7100 C: (716) 307-7117 ronwolfpandc@hotmail.com

Property Details for 1203 Reed Street

Status
Closed
MLS #
R1075971
Days on Market
169
Taxes
$2,661 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
1910
Lot Size
0.10 AC / 4,480 SF
Styles Of Residence
Two Story
On Waterfront
No
Parking Description
Detached, Garage
Nearest Cross Street
N 11th st

Recent comparable sales

Median sold price

$39,900

Avg days on market

97

Sale-to-list ratio

78.4%

Olean, NY

9 comparable properties found

$30,000 | 1014 North Union Street, Olean, NY 14760
1/2
1

$30,000

Sold 03/19/26

2
Bedrooms
1,224
Square Feet
0.06
Acres
$39,900 | 329 North 6th Street, Olean, NY 14760
1/2
2

$39,900

Sold 08/13/26

2
Bedrooms
912
Square Feet
0.07
Acres
$47,000 | 405 4th Avenue, Olean, NY 14760
1/2
3

$47,000

Sold 07/09/26

2
Bedrooms
1,100
Square Feet
0.15
Acres
$37,500 | 1705 West State Street, Olean, NY 14760
1/2
4

$37,500

Sold 05/01/26

3
Bedrooms
1,156
Square Feet
0.06
Acres
$36,000 | 202 North 21st Street, Olean, NY 14760
1/2
5

$36,000

Sold 10/14/24

3
Bedrooms
1,056
Square Feet
0.15
Acres
$40,000 | 516 North 7th Street, Olean, NY 14760
1/2
6

$40,000

Sold 11/25/24

2
Bedrooms
789
Square Feet
0.15
Acres
$115,000 | 105 Fulton Street, Olean, NY 14760
1/2
7

$115,000

Sold 04/30/25

2
Bedrooms
1,084
Square Feet
0.06
Acres
$85,000 | 119 West Green Street, Olean, NY 14760
1/2
8

$85,000

Sold 09/17/25

2
Bedrooms
1,278
Square Feet
0.08
Acres
9

$35,000

Sold 03/23/26

2
Bedrooms
1
Bathrooms
1,250
Square Feet
0.14
Acres

Location

Listing Courtesy of Real Estate Pros & More

Sold By REALTY EDGE Inc.

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Building Information for 1203 Reed Street

Stories2Year Built1910Building Size-Lot Size0.10 AC / 4,480 SF

Payment Calculator

$397 per month

30 year fixed, 6.55% Interest

Principal and Interest

$175

Property Taxes

$222

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1203 Reed Street

Summary
Location and General Information
  • Elementary School Name: Washington West Elementary
  • Elementary School District: Olean
  • High School Name: Olean Senior High
  • High School District: Olean
  • Middle School Name: Olean Middle
  • Middle Or Junior School District: Olean
  • Village: Not Applicable
  • Human YN: No
Parking
  • Attached Garage YN: No
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Olean-City-041200
  • Tax Annual Amount: $2,661.00
Property
Lot Information
  • Building Area Total: 1116.0
  • Land Features: Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1028
  • Lot Size Area: 0.1028
  • Lot Size Square Feet: 4480.0
  • Lot Size Units: Acres
  • Parcel Number: 041200-094-056-0003-005-000-0000
  • Road Frontage: City Street
  • Lot Number: 5
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $48,500
  • Year Built: 1910
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Description: Stone
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Partial
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 2
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Tile, Varies
  • Heating: Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Interior Features: Eat In Kitchen
  • Laundry Features: Main Level
  • Levels: Two
  • Sq Ft Total: 1116.0
  • Main Level Bathrooms: 0
  • Num Bedrooms 1 St Floor: 0
  • Num Of Rooms: 6
  • Window Features: Thermal Windows
Room 1
  • Room Level: First
  • Room Type: Dining Room
Room 2
  • Room Level: First
  • Room Type: Kitchen
Room 3
  • Room Level: First
  • Room Type: Living Room
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Stories: 2
  • Stories Total: 2

Property History for 1203 Reed Street

DateEvent & SourcePriceAppreciation
Apr 11, 2018

Sold (Public Record)

Public Record #624471497

$34,500

-2.5% / yr

Apr 11, 2018

Sold

WNYREIS #R1075971

$34,500
Apr 11, 2018

Sold

New York State Alliance of MLSs (Buffalo) #R1075971

$34,500
DateEvent & SourcePrice
04/11/2018

Sold (Public Record)

Public Record #624471497

$34,500

-2.5% / yr

04/11/2018

Sold

WNYREIS #R1075971

$34,500
04/11/2018

Sold

New York State Alliance of MLSs (Buffalo) #R1075971

$34,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1203 Reed Street

Taxable ValueLand$3,500Additions$45,000Total$48,500
Tax Record2025$3,253 ($271 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,116 SqFtAbove Grade Finished SqFt1,116 SqFtStories2Lot Size4,480 SqFtStyleSingle Family ResidenceYear Built1910CountyCATTARAUGUSAPN041200 94.056-3-5

Schools near 1203 Reed Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Public - 3 to 8
Public - 8 to 12
Public - PK to 3
Public - PK to 3
Rating
School
Distance
Olean Middle School
Public3 to 8

Olean Senior High School
Public8 to 12

East View Elementary School
PublicPK to 3

Washington West Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1203 Reed Street, Olean, NY 14760
$34,500
2
1,116
4,480
3
1,457
4,480
$36,000
3
1,488
2,613
2
1,669
4,480
$30,000
3
1,200
1,680
$31,000
3
1
1,281
3,808

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Pros & More

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.