506 Washington St
Olean, NY 14760
4 bd 3 ba 3,124 sqft Built 1910 Lot 4,648 sqft single_family
Most recent sale
$70,000
Dec 1, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 1, 2021 | Sold | $70,000 | MLS #B1342548 |
| Jun 8, 2021 | Listed | $85,000 | MLS #B1342548 |
| Aug 1, 2020 | Listing removed | $40,000 | MyStateMLS |
| Jun 8, 2020 | Listed | $40,000 | MLS #10876421 |
| Nov 22, 2019 | Sold | $49,900 | MLS #R1204182 |
| Mar 14, 2002 | Sold | $88,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $47,400 | $3,600 | $51,000 | $1,971 |
| 2024 | $47,400 | $3,600 | $51,000 | $3,238 |
| 2023 | $47,400 | $3,600 | $51,000 | $1,937 |
| 2022 | $47,400 | $3,600 | $51,000 | $1,995 |
| 2021 | $47,400 | $3,600 | $51,000 | $2,020 |
| 2020 | $47,400 | $3,600 | $51,000 | $2,015 |
| 2019 | $88,900 | $3,600 | $92,500 | $7,863 |
| 2018 | $88,900 | $3,600 | $92,500 | $11,601 |
| 2017 | $88,900 | $3,600 | $92,500 | $7,920 |
| 2016 | $88,900 | $3,600 | $92,500 | $5,207 |
| 2015 | $88,900 | $3,600 | $92,500 | $2,198 |
| 2014 | $88,900 | $3,600 | $92,500 | $2,146 |
| 2013 | $88,900 | $3,600 | $92,500 | $3,409 |
| 2012 | $88,900 | $3,600 | $92,500 | $3,352 |
| 2011 | $88,900 | $3,600 | $92,500 | $3,325 |
| 2010 | $88,900 | $3,600 | $92,500 | $4,637 |
| 2009 | $88,900 | $3,600 | $92,500 | $3,578 |
| 2008 | $8,500 | $1,000 | $9,500 | $3,356 |
| 2007 | $8,500 | $1,000 | $9,500 | $3,356 |
Property facts
Year built
1910
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,124 sqft
Lot size
4,648 sqft
ZIP code
14760
City
Olean
Street
Washington St
Coordinates
42.08007, -78.43590
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Washington St last sell?
506 Washington St most recently sold on Dec 1, 2021 for $70,000.
What is the current tax assessment for 506 Washington St?
The most recent total assessment for 506 Washington St (year 2025) is $51,000 with $1,971 in property tax.
How does 506 Washington St's assessment compare to its last sale price?
The current assessment is 27.1% below the last sale price of $70,000.
When was 506 Washington St built?
506 Washington St was built in 1910.
How does 506 Washington St compare to others on Washington St?
We track 8 other properties on Washington St. Browse the list under "Other properties on Washington St" to compare beds, baths, and sale history.
What are the property facts for 506 Washington St?
506 Washington St is a 4 bed, 3 bath, 3,124 sqft, 4,648 sqft lot single_family.
Is 506 Washington St a flip candidate?
No — 506 Washington St does not appear in our flips dataset.
Is 506 Washington St a tax-appeal candidate?
No — 506 Washington St 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
Geography
Other properties on Washington St