2844 Route 16
Olean, NY 14760
3 bd 1 ba 1,156 sqft Built 1925 Lot 27,878 sqft single_family
Most recent sale
$120,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $120,000 | MLS #R1424047 |
| Aug 12, 2022 | Sold | $120,000 | Public Record |
| Jul 29, 2022 | Listed | $120,000 | MLS #R1424047 |
| Jul 19, 2022 | Sold | $63,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $33,800 | $7,800 | $41,600 | $1,618 |
| 2024 | $33,800 | $7,800 | $41,600 | $1,599 |
| 2023 | $33,800 | $7,800 | $41,600 | $1,564 |
| 2022 | $33,800 | $7,800 | $41,600 | $1,583 |
| 2021 | $33,800 | $7,800 | $41,600 | $1,600 |
| 2020 | $33,800 | $7,800 | $41,600 | $322 |
| 2019 | $33,800 | $7,800 | $41,600 | $319 |
| 2018 | $33,800 | $7,800 | $41,600 | $320 |
| 2017 | $33,800 | $7,800 | $41,600 | $300 |
| 2016 | $33,800 | $7,800 | $41,600 | $284 |
| 2015 | $33,800 | $7,800 | $41,600 | $645 |
| 2014 | $33,800 | $7,800 | $41,600 | $693 |
| 2013 | $33,800 | $7,800 | $41,600 | $1,828 |
| 2012 | $33,800 | $7,800 | $41,600 | $1,315 |
| 2011 | $33,800 | $7,800 | $41,600 | $763 |
| 2010 | $33,800 | $7,800 | $41,600 | $674 |
| 2009 | $33,800 | $7,800 | $41,600 | $675 |
| 2008 | $33,800 | $7,800 | $41,600 | $608 |
| 2007 | $33,800 | $7,800 | $41,600 | $607 |
Property facts
Year built
1925
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,156 sqft
Lot size
27,878 sqft
ZIP code
14760
City
Olean
Street
Route 16
Coordinates
42.12269, -78.41370
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2844 Route 16 last sell?
2844 Route 16 most recently sold on Sep 30, 2022 for $120,000.
What is the current tax assessment for 2844 Route 16?
The most recent total assessment for 2844 Route 16 (year 2025) is $41,600 with $1,618 in property tax.
How does 2844 Route 16's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $120,000.
When was 2844 Route 16 built?
2844 Route 16 was built in 1925.
How does 2844 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 2844 Route 16?
2844 Route 16 is a 3 bed, 1 bath, 1,156 sqft, 27,878 sqft lot single_family.
Is 2844 Route 16 a flip candidate?
Yes — 2844 Route 16 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2844 Route 16 a tax-appeal candidate?
No — 2844 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