Great potential for this 1.5 story, 3 bedroom 1 bath home. Located on a dead end street adjacent to Forness Park and overlooking the pond. All park amenities at your disposal. Fix it up and make it your own. Don't wait and regret being too late to own this property! Priced at $22,900 sold "as is"
Single-familyProperty Type
1900Year Built
0.27 acresLot Size
$82Est. Price/Sq.Ft.
Listing by Thomas Butler• Southern Tier Realty Co. Inc.
•716-372-3141 (broker)
•tbutts@aol.com (broker)
Bought with Thomas Butler• Southern Tier Realty Co. Inc.
Listing by Howard Hanna Professionals - Olean, (716) 372-1155
See all
Provided by Redfin
Sale history for 731 Hoop St
Date
Event
Price
WNYREIS #B412589
Sep 28, 2012
Sold
$17,500
$24/sq ft
Jul 14, 2012
Listed
$22,900
$32/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$831
$7,000 + $14,500
$21,500
2025
$831 (−38.9%)
$7,000 + $14,500
$21,500
2024
$1,359 (+67.9%)
$7,000 + $14,500
$21,500
2023
$809 (−1.4%)
$7,000 + $14,500
$21,500
2022
$821 (−2.8%)
$7,000 + $14,500
$21,500
2021
$845 (−0.6%)
$7,000 + $14,500
$21,500
2020
$850 (+0.2%)
$7,000 + $14,500
$21,500
2019
$848 (−26.9%)
$7,000 + $14,500
$21,500
2018
$1,160 (+33.2%)
$7,000 + $14,500
$21,500
2017
$871 (+1.0%)
$7,000 + $14,500
$21,500
2016
$862 (+2.1%)
$7,000 + $14,500
$21,500
2015
$844 (+2.3%)
$7,000 + $14,500
$21,500
2014
$825
$7,000 + $14,500
$21,500
Tax history for 731 Hoop St
Year
Property tax
Land + Additions
Assessment*
2026
$831
$7,000 + $14,500
$21,500
2025
$831 (−38.9%)
$7,000 + $14,500
$21,500
2024
$1,359 (+67.9%)
$7,000 + $14,500
$21,500
2023
$809 (−1.4%)
$7,000 + $14,500
$21,500
2022
$821 (−2.8%)
$7,000 + $14,500
$21,500
2021
$845 (−0.6%)
$7,000 + $14,500
$21,500
2020
$850 (+0.2%)
$7,000 + $14,500
$21,500
2019
$848 (−26.9%)
$7,000 + $14,500
$21,500
2018
$1,160 (+33.2%)
$7,000 + $14,500
$21,500
2017
$871 (+1.0%)
$7,000 + $14,500
$21,500
2016
$862 (+2.1%)
$7,000 + $14,500
$21,500
2015
$844 (+2.3%)
$7,000 + $14,500
$21,500
2014
$825
$7,000 + $14,500
$21,500
*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
3
Baths
1
Stories
1.5
Lot width
80 ft.
Lot depth
148 ft.
Lot size
0.27 Acres
Year renovated
—
Sq. Ft.
726
Year built
1900
Style
Single Family Residential
County
Cattaraugus County
APN
041200A09406600010320000000
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
Parking
Features: No Garage
Interior
Bedroom Information
# of Main Level Bedrooms: 1
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Room Information
# of Rooms (Total): 6
Room Types: Family Room
Has Basement
Basement Information: Full
Equipment
Appliances: Electric Water Heater, Free-Standing Range, Oven
Interior Features
Flooring: Carpet, Varies
Other Features: Eat-in Kitchen, Other, See Remarks
Exterior
Building Information
Stories (Total): 1
Year Built Details: Existing
Construction Details: Frame
Exterior Features
Exterior Features: Gravel Driveway
Lot Information
Lot Size Area: 0.27
Lot Size Acres: 0.27
Lot Size Dimensions: 80X148
Lot Features: Residential Lot
Road Frontage Type: City Street
Property Information
Foundation Details: Block
Resale
Financial
Assessments and Fees
Assessed Value: $21,500
Tax Information
Annual Tax Amount: $1,091
Utilities
Utility Information
Utilities: Sewer Connected, Water Connected
Sewer: Connected
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Gas, See Remarks
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 726
Stories: 1.5
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Cattaraugus County
APN: 041200A09406600010320000000
Home facts updated by county records on Sep 11, 2026
Around this home
Schools
K - 12
Preschool & daycare
East View Elementary School
Public PreK-3 • Assigned • 0.4mi
3/10
Olean Senior High School
Public 8-12 • Assigned • 1.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 22-32% chance 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
49
60
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
$57,000 – $69,000
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