1217 Reed St is a 1,288 square foot house on a 6,944 square foot lot with 3 bedrooms and 1.5 bathrooms. - it last sold on May 18, 2022 for $38,000. Based on Redfin's Olean data, we estimate the home's value is $98,755.
Single-familyProperty Type
1908Year Built
6,944 sq ftLot Size
$77Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$98,755
$61K since sold in May 2022$4,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12.5% lower than the average sale price ($113K) of 6 comparable homes.
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
See all
Provided by Redfin
Sale history for 1217 Reed St
Date
Event
Price
Public Records
May 18, 2022
Sold
$38,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,349
$4,400 + $30,500
$34,900
2025
$1,349 (−38.9%)
$4,400 + $30,500
$34,900
2024
$2,207 (+67.9%)
$4,400 + $30,500
$34,900
2023
$1,314 (−1.4%)
$4,400 + $30,500
$34,900
2022
$1,333 (−2.8%)
$4,400 + $30,500
$34,900
2021
$1,371 (−0.6%)
$4,400 + $30,500
$34,900
2020
$1,379 (+0.2%)
$4,400 + $30,500
$34,900
2019
$1,376 (−26.9%)
$4,400 + $30,500
$34,900
2018
$1,883 (+33.1%)
$4,400 + $30,500
$34,900
2017
$1,414 (+1.1%)
$4,400 + $30,500
$34,900
2016
$1,399 (+2.1%)
$4,400 + $30,500
$34,900
2015
$1,370 (+2.2%)
$4,400 + $30,500
$34,900
2014
$1,340
$4,400 + $30,500
$34,900
Tax history for 1217 Reed St
Year
Property tax
Land + Additions
Assessment*
2026
$1,349
$4,400 + $30,500
$34,900
2025
$1,349 (−38.9%)
$4,400 + $30,500
$34,900
2024
$2,207 (+67.9%)
$4,400 + $30,500
$34,900
2023
$1,314 (−1.4%)
$4,400 + $30,500
$34,900
2022
$1,333 (−2.8%)
$4,400 + $30,500
$34,900
2021
$1,371 (−0.6%)
$4,400 + $30,500
$34,900
2020
$1,379 (+0.2%)
$4,400 + $30,500
$34,900
2019
$1,376 (−26.9%)
$4,400 + $30,500
$34,900
2018
$1,883 (+33.1%)
$4,400 + $30,500
$34,900
2017
$1,414 (+1.1%)
$4,400 + $30,500
$34,900
2016
$1,399 (+2.1%)
$4,400 + $30,500
$34,900
2015
$1,370 (+2.2%)
$4,400 + $30,500
$34,900
2014
$1,340
$4,400 + $30,500
$34,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Interior
Basement Information
Basement Type: Full
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Hot Air
Exterior
Exterior Information
Physical Condition: Fair
Building Style Type: Old
Exterior Wall: Aluminum/Vinyl
Property Information
Living Sq. Ft: 1,288
Ground Floor Sq. Ft: 644
# of Stories: 2
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 216
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,944
Legal Lot Number: 1
Legal Block Number: 3
Municipality Name: OLEAN
Acres: 0.1594
Depth Footage: 112
Front Footage: 62
Zoning Code: R-3
State Use Description: SINGLE FAMILY RESID
Utility Information
Sewer Type: Commercial
Water Service Type: Commercial
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,288
Stories: 2.0
Lot Size: 6,944 square feet
Style: Single Family Residential
Year Built: 1908
Year Renovated: —
County: Cattaraugus County
APN: 041200A09405600030010000000
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
$94,000 – $114,000
Sell confidently with a local market expert in Olean. 3 minutes to get started.