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431 Prospect Ave

Olean, NY 14760

3 bd 2 ba 1,440 sqft Built 1915 Lot 7,501 sqft single_family
Most recent sale
$125,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $125,000 MLS #R1396875
Apr 27, 2018 Sold $89,900 MLS #B1102806
Mar 8, 2018 Listed $89,900 MLS #B1102806
Jun 6, 2016 Sold $59,000 MLS #B495073
Mar 16, 2016 Listed $64,500 MLS #B495073
Nov 21, 2015 Listing removed $69,000 NYStateAlliance
Oct 2, 2015 Relisted $69,000 MLS #B475342
Sep 26, 2015 Listing removed $69,000 NYStateAlliance
Aug 25, 2015 Relisted $69,000 MLS #B475342
Jul 11, 2015 Listing removed $69,000 NYStateAlliance
May 20, 2015 Listed $69,000 MLS #B475342

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $55,200 $13,800 $69,000 $2,666
2024 $55,200 $13,800 $69,000 $4,380
2023 $55,200 $13,800 $69,000 $2,621
2022 $55,200 $13,800 $69,000 $2,699
2021 $55,200 $13,800 $69,000 $2,733
2020 $55,200 $13,800 $69,000 $2,726
2019 $55,200 $13,800 $69,000 $2,721
2018 $55,200 $13,800 $69,000 $3,722
2017 $55,200 $13,800 $69,000 $2,797
2016 $55,200 $13,800 $69,000 $1,282
2015 $55,200 $13,800 $69,000 $520
2014 $55,200 $13,800 $69,000 $502
2013 $55,200 $13,800 $69,000 $2,543
2012 $55,200 $13,800 $69,000 $923
2011 $55,200 $13,800 $69,000 $471
2010 $55,200 $13,800 $69,000 $830
2009 $55,200 $13,800 $69,000 $206
2008 $2,920 $500 $3,420 $181
2007 $2,920 $500 $3,420 $180

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,440 sqft
Lot size
7,501 sqft
ZIP code
14760
City
Olean
Street
Prospect Ave
Coordinates
42.08542, -78.42191

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 431 Prospect Ave last sell?
431 Prospect Ave most recently sold on Jun 23, 2022 for $125,000.
What is the current tax assessment for 431 Prospect Ave?
The most recent total assessment for 431 Prospect Ave (year 2025) is $69,000 with $2,666 in property tax.
How does 431 Prospect Ave's assessment compare to its last sale price?
The current assessment is 44.8% below the last sale price of $125,000.
When was 431 Prospect Ave built?
431 Prospect Ave was built in 1915.
How does 431 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 431 Prospect Ave?
431 Prospect Ave is a 3 bed, 2 bath, 1,440 sqft, 7,501 sqft lot single_family.
Is 431 Prospect Ave a flip candidate?
Yes — 431 Prospect Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 431 Prospect Ave a tax-appeal candidate?
No — 431 Prospect Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.6%
Implied 1-yr
+26.2%
2026 Q3
$186.4K
2026 Q4
$186.4K
ZIP 14760 — Median Price History + Forecast

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