502 8th St
Olean, NY 14760
4 bd 2 ba 1,910 sqft Built 1910 Lot 6,399 sqft multi_family
Most recent sale
$27,500
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 22, 2024 | Sold | $110,000 | NYStateAlliance |
| May 1, 2024 | Listing removed | $129,000 | NYStateAlliance |
| Jan 12, 2023 | Listing removed | $99,000 | NYStateAlliance |
| Jul 12, 2022 | Listed | $99,000 | MLS #B1419483 |
| May 18, 2022 | Sold | $27,500 | Public Record |
| Mar 26, 2001 | Sold | $48,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $52,800 | $4,200 | $57,000 | $2,202 |
| 2024 | $32,800 | $4,200 | $37,000 | $2,349 |
| 2023 | $32,800 | $4,200 | $37,000 | $1,405 |
| 2022 | $32,800 | $4,200 | $37,000 | $1,447 |
| 2021 | $32,800 | $4,200 | $37,000 | $483 |
| 2020 | $32,800 | $4,200 | $37,000 | $1,462 |
| 2019 | $32,800 | $4,200 | $37,000 | $1,459 |
| 2018 | $32,800 | $4,200 | $37,000 | $1,996 |
| 2017 | $32,800 | $4,200 | $37,000 | $1,500 |
| 2016 | $32,800 | $4,200 | $37,000 | $1,483 |
| 2015 | $32,800 | $4,200 | $37,000 | $1,453 |
| 2014 | $32,800 | $4,200 | $37,000 | $1,421 |
| 2013 | $32,800 | $4,200 | $37,000 | $1,363 |
| 2012 | $32,800 | $4,200 | $37,000 | $1,341 |
| 2011 | $32,800 | $4,200 | $37,000 | $1,330 |
| 2010 | $32,800 | $4,200 | $37,000 | $1,855 |
| 2009 | $32,800 | $4,200 | $37,000 | $1,187 |
| 2008 | $1,850 | $380 | $2,230 | $937 |
| 2007 | $1,850 | $380 | $2,230 | $937 |
Property facts
Year built
1910
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,910 sqft
Lot size
6,399 sqft
ZIP code
14760
City
Olean
Street
8th St
Coordinates
42.08531, -78.43965
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$165
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 8th St last sell?
502 8th St most recently sold on May 18, 2022 for $27,500.
What is the current tax assessment for 502 8th St?
The most recent total assessment for 502 8th St (year 2025) is $57,000 with $2,202 in property tax.
How does 502 8th St's assessment compare to its last sale price?
The current assessment is 107.3% above the last sale price of $27,500.
When was 502 8th St built?
502 8th St was built in 1910.
How does 502 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 502 8th St?
502 8th St is a 4 bed, 2 bath, 1,910 sqft, 6,399 sqft lot multi_family.
Is 502 8th St a flip candidate?
No — 502 8th St does not appear in our flips dataset.
Is 502 8th St a tax-appeal candidate?
Yes — 502 8th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.6%
Implied 1-yr
+26.2%
2026 Q3
$186.4K
2026 Q4
$186.4K
ZIP 14760 — Median Price History + Forecast
Explore nearby
Other properties on 8th St