2617 Route 16
Olean, NY 14760
2 bd 1 ba 1,304 sqft Built 1955 Lot 10,851 sqft single_family
Most recent sale
$60,000
Jul 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 20, 2022 | Sold | $90,000 | NYStateAlliance |
| Sep 8, 2022 | Price changed | $94,900 | MLS #B1430082 |
| Aug 30, 2022 | Price changed | $99,900 | MLS #B1430082 |
| Aug 26, 2022 | Listed | $119,900 | MLS #B1430082 |
| Jul 6, 2022 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $43,600 | $7,200 | $50,800 | $1,881 |
| 2024 | $43,600 | $7,200 | $50,800 | $1,953 |
| 2023 | $43,600 | $7,200 | $50,800 | $1,910 |
| 2022 | $43,600 | $7,200 | $50,800 | $1,934 |
| 2021 | $43,600 | $7,200 | $50,800 | $1,954 |
| 2020 | $43,600 | $7,200 | $50,800 | $1,942 |
| 2019 | $43,600 | $7,200 | $50,800 | $871 |
| 2018 | $43,600 | $7,200 | $50,800 | $675 |
| 2017 | $43,600 | $7,200 | $50,800 | $1,064 |
| 2016 | $43,600 | $7,200 | $50,800 | $1,146 |
| 2015 | $43,600 | $7,200 | $50,800 | $1,160 |
| 2014 | $43,600 | $7,200 | $50,800 | $1,762 |
| 2013 | $43,600 | $7,200 | $50,800 | $2,233 |
| 2012 | $43,600 | $7,200 | $50,800 | $1,214 |
| 2011 | $43,600 | $7,200 | $50,800 | $1,192 |
| 2010 | $43,600 | $7,200 | $50,800 | $1,073 |
| 2009 | $43,600 | $7,200 | $50,800 | $1,065 |
| 2008 | $43,600 | $7,200 | $50,800 | $899 |
| 2007 | $43,600 | $7,200 | $50,800 | $898 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,304 sqft
Lot size
10,851 sqft
ZIP code
14760
City
Olean
Street
Route 16
Coordinates
42.11197, -78.41697
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2617 Route 16 last sell?
2617 Route 16 most recently sold on Jul 6, 2022 for $60,000.
What is the current tax assessment for 2617 Route 16?
The most recent total assessment for 2617 Route 16 (year 2025) is $50,800 with $1,881 in property tax.
How does 2617 Route 16's assessment compare to its last sale price?
The current assessment is 15.3% below the last sale price of $60,000.
When was 2617 Route 16 built?
2617 Route 16 was built in 1955.
How does 2617 Route 16 compare to others on Route 16?
We track 8 other properties on Route 16. Browse the list under "Other properties on Route 16" to compare beds, baths, and sale history.
What are the property facts for 2617 Route 16?
2617 Route 16 is a 2 bed, 1 bath, 1,304 sqft, 10,851 sqft lot single_family.
Is 2617 Route 16 a flip candidate?
Yes — 2617 Route 16 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2617 Route 16 a tax-appeal candidate?
No — 2617 Route 16 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.3%
Implied 1-yr
+29.1%
2026 Q3
$210.1K
2026 Q4
$220.4K
ZIP 14760 — Median Price History + Forecast
Explore nearby
Other properties on Route 16