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2692 Route 16

Olean, NY 14760

2 bd 1 ba 984 sqft Built 1940 Lot 30,004 sqft single_family
Most recent sale
$83,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $83,000 MLS #B1424500
Aug 3, 2022 Listed $87,500 MLS #B1424500

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $26,000 $8,400 $34,400 $1,338
2024 $26,000 $8,400 $34,400 $1,240
2023 $22,500 $8,400 $30,900 $1,161
2022 $22,500 $8,400 $30,900 $1,176
2021 $22,500 $8,400 $30,900 $1,188
2020 $22,500 $8,400 $30,900 $1,181
2019 $22,500 $8,400 $30,900 $1,165
2018 $22,500 $8,400 $30,900 $1,163
2017 $22,500 $8,400 $30,900 $1,080
2016 $22,500 $8,400 $30,900 $1,081
2015 $22,500 $8,400 $30,900 $1,297
2014 $22,500 $8,400 $30,900 $1,375
2013 $22,500 $8,400 $30,900 $1,358
2012 $22,500 $8,400 $30,900 $1,348
2011 $22,500 $8,400 $30,900 $1,335
2010 $22,500 $8,400 $30,900 $1,250
2009 $22,500 $8,400 $30,900 $1,250
2008 $22,500 $8,400 $30,900 $1,170
2007 $22,500 $8,400 $30,900 $1,170

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
984 sqft
Lot size
30,004 sqft
ZIP code
14760
City
Olean
Street
Route 16
Coordinates
42.11587, -78.41408

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$498
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2692 Route 16 last sell?
2692 Route 16 most recently sold on Oct 21, 2022 for $83,000.
What is the current tax assessment for 2692 Route 16?
The most recent total assessment for 2692 Route 16 (year 2025) is $34,400 with $1,338 in property tax.
How does 2692 Route 16's assessment compare to its last sale price?
The current assessment is 58.6% below the last sale price of $83,000.
When was 2692 Route 16 built?
2692 Route 16 was built in 1940.
How does 2692 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 2692 Route 16?
2692 Route 16 is a 2 bed, 1 bath, 984 sqft, 30,004 sqft lot single_family.
Is 2692 Route 16 a flip candidate?
No — 2692 Route 16 does not appear in our flips dataset.
Is 2692 Route 16 a tax-appeal candidate?
No — 2692 Route 16 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
+7.3%
Implied 1-yr
+29.1%
2026 Q3
$210.1K
2026 Q4
$220.4K
ZIP 14760 — Median Price History + Forecast

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