This home is a typical older 2 story city home that has been well tended to but decor is dated. There is a long term tenant paying $750.00/month rent and, if sold to a investor, would be more than willing to stay. For a owner/occupant, it would provide very comfortable living quarters.
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
See all
Provided by Redfin
Sale history for 1203 Reed St
Date
Event
Price
UNYREIS #R1075971
Apr 11, 2018
Sold
$34,500
$31/sq ft
Mar 7, 2018
Pending
—
Sep 14, 2017
Listed
$38,900
$35/sq ft
Public Records
May 1, 2012
Sold
$40,100
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,874
$3,500 + $45,000
$48,500
2025
$1,874 (−38.9%)
$3,500 + $45,000
$48,500
2024
$3,067 (+67.9%)
$3,500 + $45,000
$48,500
2023
$1,826 (−1.4%)
$3,500 + $45,000
$48,500
2022
$1,852 (−2.8%)
$3,500 + $45,000
$48,500
2021
$1,906 (−0.6%)
$3,500 + $45,000
$48,500
2020
$1,916 (+0.2%)
$3,500 + $45,000
$48,500
2019
$1,912 (−26.9%)
$3,500 + $45,000
$48,500
2018
$2,616 (+33.1%)
$3,500 + $45,000
$48,500
2017
$1,965 (−28.0%)
$3,500 + $45,000
$48,500
2016
$2,730 (+43.4%)
$3,500 + $45,000
$48,500
2015
$1,904 (+2.3%)
$3,500 + $45,000
$48,500
2014
$1,862
$3,500 + $45,000
$48,500
Tax history for 1203 Reed St
Year
Property tax
Land + Additions
Assessment*
2026
$1,874
$3,500 + $45,000
$48,500
2025
$1,874 (−38.9%)
$3,500 + $45,000
$48,500
2024
$3,067 (+67.9%)
$3,500 + $45,000
$48,500
2023
$1,826 (−1.4%)
$3,500 + $45,000
$48,500
2022
$1,852 (−2.8%)
$3,500 + $45,000
$48,500
2021
$1,906 (−0.6%)
$3,500 + $45,000
$48,500
2020
$1,916 (+0.2%)
$3,500 + $45,000
$48,500
2019
$1,912 (−26.9%)
$3,500 + $45,000
$48,500
2018
$2,616 (+33.1%)
$3,500 + $45,000
$48,500
2017
$1,965 (−28.0%)
$3,500 + $45,000
$48,500
2016
$2,730 (+43.4%)
$3,500 + $45,000
$48,500
2015
$1,904 (+2.3%)
$3,500 + $45,000
$48,500
2014
$1,862
$3,500 + $45,000
$48,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1.5
Stories
2
Lot width
40 ft.
Lot depth
112 ft.
Lot size
4,480 Sq. Ft.
Year renovated
—
Sq. Ft.
1,116
Year built
1910
Style
Single Family Residential
County
Cattaraugus County
APN
041200A09405600030050000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 11, 2026.
R-3
General Residential District
The intent of the R3 General Residential Use District is to delineate those areas where predominantly detached single-family, moderate density residential development and some two-family residential development has occurred or is likely to occur, to allow in special instances in accordance with site plan review, multiple-family dwellings and dwelling groups and to protect the integrity of these residential areas by controlling the type and intensity of uses so that the overall character and density of the neighborhood is preserved. The R3 District recognizes the value of such other permissible uses as churches, schools, libraries and other educational buildings, playgrounds, and general hospitals under the conditions set forth in this law.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Public service
Educational/school
Library
Recreation
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2
Parking
Features: Detached, Garage
Interior
Bathroom Information
# of Full Bathrooms: 1
Room Information
# of Rooms (Total): 6
Room Types: Laundry
Has Basement
Basement Information: Partial
Room 1 Information
Dining Room
Level: First
Room 2 Information
Kitchen
Level: First
Room 3 Information
Living Room
Level: First
Laundry Information
Features: Main Level
Equipment
Appliances: Gas Water Heater
Interior Features
Window Features: Thermal Windows
Flooring: Carpet, Tile, Varies
Other Features: Eat-in Kitchen
Exterior
Building Information
Stories: 2
Stories (Total): 2
Year Built Details: Existing
Construction Details: Vinyl Siding
Exterior Features
Exterior Features: Concrete Driveway
Lot Information
Lot Size Area: 0.1028
Lot Size Acres: 0.1028
Lot Size Dimensions: 40X112
Lot Features: Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Property Information
Foundation Details: Stone
Resale
Financial
Assessments and Fees
Assessed Value: $48,500
Tax Information
Annual Tax Amount: $2,661
Utilities
Utility Information
Utilities: Cable Available, Sewer Connected, Water Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Gas, Baseboard, Hot Water
Public facts
Beds: 2
Baths: 1.5
Sq. Ft.: 1,116
Stories: 2.0
Lot Size: 4,480 square feet
Style: Single Family Residential
Year Built: 1910
Year Renovated: —
County: Cattaraugus County
APN: 041200A09405600030050000000
Home facts updated by county records on Sep 11, 2026
Around this home
Schools
Washington West Elementary School
Public PreK-3 • Assigned • 0.3mi
2/10
Olean Middle School
Public 3-8 • Assigned • 0.5mi
4/10
Olean Senior High School
Public 8-12 • Assigned • 0.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
8 days above 90° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Olean, NY • 14760
Average low and high temperatures (°F)
26
15
32
17
50
30
60
39
64
45
77
56
82
61
77
54
74
51
61
39
47
32
34
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$88,000 – $107,000
Sell confidently with a local market expert in Olean. 3 minutes to get started.