507 Line Street

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$299,900
3 beds1,736 sqft$173/sqft
507 Line St, Olean, NY 14760
Est: $2,208/moGet pre-approved

Description

Welcome home to this beautifully maintained ranch, where pride of ownership is evident in every detail. From the moment you step onto the inviting front porch, you'll feel the warmth and character this home has to offer. Step inside to gleaming hardwood floors flowing through the main living areas, paired with durable, easy-care ceramic tile in the kitchen and bathroom. A versatile addition was added, currently used as a family room but easily converted to a bedroom. It opens out to a private deck...Welcome home to this beautifully maintained ranch, where pride of ownership is evident in every detail. From the moment you step onto the inviting front porch, you'll feel the warmth and character this home has to offer. Step inside to gleaming hardwood floors flowing through the main living areas, paired with durable, easy-care ceramic tile in the kitchen and bathroom. A versatile addition was added, currently used as a family room but easily converted to a bedroom. It opens out to a private deck and a fully fenced yard, perfect for relaxing and entertaining. The yard doesn't stop there, stretching out over two additional acres and offering endless possibilities for gardening, recreation, or simply enjoying wide-open space. Downstairs, the finished basement adds serious living space and peace of mind, featuring a second living room or rec room ideal for movie nights, a home gym, or a play area, plus an additional bedroom with direct walk-out access to the outdoors, all backed by a dedicated drainage system with dual sump pumps to keep the space dry and worry-free. Car enthusiasts, hobbyists, and collectors will love the storage this property provides, including an attached one-car garage for everyday convenience, a detached second garage featuring a fantastic workshop, room for another vehicle, and generous storage above, plus an outdoor shed for even more flexibility. Rounding things out, the home offers 200-amp electrical service ready for modern living and future upgrades, central air conditioning for year-round comfort, all stainless steel kitchen appliances, and a charming front porch that's the perfect spot for morning coffee or evening unwinding. This is a rare opportunity to own a home where every major system has been thoughtfully maintained, and every space has been put to good use — all set on a sprawling, private, over-two-acre lot. Homes like this, offering this much space, storage, and care, don't come along often.
LISTING UPDATED: 08/05/2026 05:40 PM

  1. Listed by Paul Pezzimenti • Howard Hanna Professionals - Olean
    P: (716)-378-7039 C: (716)-378-7039 PaulPezzimenti@howardhanna.com

Property Details for 507 Line Street

Status
Active
MLS #
R1702863
Days on Market
12
Taxes
$8,199 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
1955
Lot Size
2.12 AC / 92,347 SF
County
Cattaraugus County
Architectural Style
Ranch
Has Waterfront
No

Location

Listing Courtesy of Howard Hanna Professionals - Olean
Add your commute

Building Information for 507 Line Street

Stories1Year Built1955Building Size-Lot Size2.12 AC / 92,347 SF

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$2,208 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,524

Property Taxes

$683

HOA Dues

$0

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Property Information for 507 Line Street

Summary
Location and General Information
  • Cross Street: Goodrich Ave
  • Directions: From Route 417 turn onto King Street, turn onto Brook St, turn left onto Line Street, the property is on the left
  • Latitude: 42.079154
  • Longitude: -78.405661
  • MLS Area Major: Olean-City-041200
  • Has Senior Community: No
  • Township: Not Applicable
Taxes and HOA
  • Parcel Number: 041200-094-067-0003-006-000-0000
  • Tax Annual Amount: $8,199.00
  • Tax Assessed Value: 115000
School Information
  • Elementary School: East View Elementary
  • Elementary School District: Olean
  • High School: Olean Senior High
  • High School District: Olean
  • Middle Or Junior School: Olean Middle
  • Middle Or Junior School District: Olean
Parking
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Has Garage: Yes
  • Parking Features: Attached, Detached, Garage, Garage Door Opener
Property
Lot Information
  • Lot Features: Corner Lot, Greenbelt, Irregular Lot, Residential Lot
  • Lot Size Acres: 2.12
  • Lot Size Area: 2.12
  • Lot Size Units: Acres
  • Lot Size Dimensions: 100X148
  • Lot Size Square Feet: 14850.0
  • Road Frontage Type: City Street
Property and Assessments
  • Building Area Total: 1736.0
  • Living Area: 1736.0
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1955
  • Year Built Details: Existing
Building Features
  • Construction Materials: Aluminum Siding, Vinyl Siding, Copper Plumbing
  • Foundation Details: Block
  • Levels: One
  • Other Structures: Barns, Outbuilding, Sheds, Storage
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full, Partially Finished, Walk Out Access, Sump Pump
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplaces Total: 1
  • Has Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies
  • Heating: Gas, Forced Air
  • Has Heating: Yes
  • Interior Features: Ceiling Fans, Eat In Kitchen, Separate Formal Living Room, Sliding Glass Doors, Bedroom On Main Level, Convertible Bedroom, Main Level Primary, Primary Suite
  • Laundry Features: In Basement
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Rooms Total: 7
Exterior Features
  • Door Features: Sliding Doors
  • Exterior Features: Blacktop Driveway, Concrete Driveway, Deck, Fully Fenced, Patio
  • Fencing: Full
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Stories: 1
  • Stories Total: 1
Multi Family
Multi Family Information
  • Number Of Units Total: 0

Property History for 507 Line Street

DateEvent & SourcePriceAppreciation
Jul 29, 2026

Listed (Active)

WNYREIS #R1702863

$299,900—
Jul 29, 2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1702863

$299,900—
DateEvent & SourcePrice
07/29/2026

Listed (Active)

WNYREIS #R1702863

$299,900
07/29/2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1702863

$299,900

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

Public Records for 507 Line Street

Taxable ValueLand$10,000Additions$105,000Total$115,000
Tax Record2025$3,866 ($322 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,736 SqFtAbove Grade Finished SqFt1,736 SqFtStories1Lot Size14,850 SqFtStyleSingle Family ResidenceYear Built1955Year Renovated1955ZoningR2CountyCATTARAUGUSAPN041200 94.067-3-6

Schools near 507 Line Street

This home is within Olean City School District.
Rating
School
Type
Grades
Distance
Olean Middle School
Public - 3 to 8
Olean Senior High School
Public - 8 to 12
Washington West Elementary School
Public - PK to 3
East View Elementary School
Public - PK to 3
Rating
School
Distance
Olean Middle School
Public3 to 8

Olean Senior High School
Public8 to 12

Washington West Elementary School
PublicPK to 3

East View 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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More information about 507 Line Street, Olean, NY 14760

507 Line Street is a single family home for sale in Olean, NY 14760. This property was listed for sale on July 29, 2026 by Howard Hanna Professionals - Olean, it's currently listed at $299,900. This listing's school district is Olean City School District. Nearby schools include Olean Middle School, Olean Senior High School and Washington West Elementary School. 507 Line Street is a 3-bed, 3-bath, 1,736 sqft single family home built in 1955.

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 Howard Hanna Professionals - Olean

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Compass and its related brokerages shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.