505 Line St is a 1,889 square foot house on a 8,812 square foot lot with 3 bedrooms and 1 bathroom. - it last sold on November 21, 2001 for $72,000. Based on Redfin's Olean data, we estimate the home's value is $193,541.
Single-familyProperty Type
1974Year Built
8,812 sq ftLot Size
$102Est. Price/Sq.Ft.
1 car garageParking
Source:Public Records
Redfin Estimate
$193,541
$122K since sold in November 2001$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.6% higher than the average sale price ($170K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-2
Single-family/General Residential District
The intent of the R2 Single-family/General Residential Use District is to delineate those areas where there are generally lot sizes somewhat smaller than those in the R1 District but which are predominantly single-family detached, low-density residential in character and where such development is likely to continue to occur in the future. It is to protect the integrity of these residential areas by prohibiting the intrusion of any use which is not compatible with this predominant type and intensity of use. The R2 District recognizes the value of such other permissible uses as churches, schools, libraries and other educational buildings, and playgrounds.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Public service
Educational/school
Recreation
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 732
Basement Type: Full
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Hot Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Raised Ranch
Exterior Wall: Aluminum/Vinyl
Property Information
Living Sq. Ft: 1,889
Ground Floor Sq. Ft: 732
# of Stories: 1
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 408
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,812
Legal Lot Number: 5
Legal Block Number: 3
Municipality Name: OLEAN
Acres: 0.2023
Depth Footage: 176.6
Front Footage: 49.9
Zoning Code: R-2
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: 1.0
Sq. Ft.: 1,889
Stories: 1.0
Lot Size: 8,812 square feet
Style: Single Family Residential
Year Built: 1974
Year Renovated: —
County: Cattaraugus County
APN: 041200A09406700030050000000
Home facts updated by county records on Sep 11, 2026
Around this home
Schools
East View Elementary School
Public PreK-3 • Assigned • 0.5mi
3/10
Olean Middle School
Public 3-8 • Assigned • 1.5mi
4/10
Olean Senior High School
Public 8-12 • Assigned • 1.5mi
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, 18 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
83
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
$184,000 – $223,000
Sell confidently with a local market expert in Olean. 3 minutes to get started.