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505 Queen St

Olean, NY 14760

3 bd 1 ba 1,804 sqft Built 1961 Lot 15,002 sqft single_family
Most recent sale
$165,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $165,000 MLS #R1386737
Feb 13, 2009 Sold $122,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $110,000 $10,000 $120,000 $4,637
2024 $110,000 $10,000 $120,000 $7,618
2023 $110,000 $10,000 $120,000 $4,559
2022 $110,000 $10,000 $120,000 $4,695
2021 $110,000 $10,000 $120,000 $4,753
2020 $110,000 $10,000 $120,000 $3,314
2019 $110,000 $10,000 $120,000 $3,304
2018 $110,000 $10,000 $120,000 $5,045
2017 $110,000 $10,000 $120,000 $3,388
2016 $110,000 $10,000 $120,000 $3,348
2015 $110,000 $10,000 $120,000 $3,277
2014 $110,000 $10,000 $120,000 $3,202
2013 $110,000 $10,000 $120,000 $4,422
2012 $110,000 $10,000 $120,000 $3,687
2011 $110,000 $10,000 $120,000 $3,652
2010 $110,000 $10,000 $120,000 $5,360
2009 $110,000 $10,000 $120,000 $3,431
2008 $7,600 $1,000 $8,600 $2,978
2007 $7,600 $1,000 $8,600 $2,978

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,804 sqft
Lot size
15,002 sqft
ZIP code
14760
City
Olean
Street
Queen St
Coordinates
42.08069, -78.41222

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Queen St last sell?
505 Queen St most recently sold on May 27, 2022 for $165,000.
What is the current tax assessment for 505 Queen St?
The most recent total assessment for 505 Queen St (year 2025) is $120,000 with $4,637 in property tax.
How does 505 Queen St's assessment compare to its last sale price?
The current assessment is 27.3% below the last sale price of $165,000.
When was 505 Queen St built?
505 Queen St was built in 1961.
How does 505 Queen St compare to others on Queen St?
We track 8 other properties on Queen St. Browse the list under "Other properties on Queen St" to compare beds, baths, and sale history.
What are the property facts for 505 Queen St?
505 Queen St is a 3 bed, 1 bath, 1,804 sqft, 15,002 sqft lot single_family.
Is 505 Queen St a flip candidate?
No — 505 Queen St does not appear in our flips dataset.
Is 505 Queen St a tax-appeal candidate?
No — 505 Queen St 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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