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1102 Anderson Ave, Olean, NY, 14760

2beds
1baths
855sqft
$17,500
$20price/sqft
$371/moest. monthly cost
$14,840/yrincome needed

About This Home

Opportunity awaits at 1102 Anderson Ave in Olean! This 2-bedroom, 1-bath single-family home offers 855 square feet of potential and is ready for a full transformation. The interior has been completely gutted, providing a blank slate for your vision—ideal for investors, contractors, or buyers looking to customize a home from the ground up. The property features a solid foundation and a manageable layout, making it a great candidate for a renovation project or fix-and-flip. With utilities and framing ready for redevelopment, this home is primed for a full build-out to maximize value. Located in a residential neighborhood with convenient access to local amenities, this is a rare chance to create a finished product tailored to today’s market. Bring your plans and unlock the potential!

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
67
BikeBikeable

Schools

4/10
Olean Middle SchoolGrades 2-7,9-100.4 mi
5/10
Olean Senior High SchoolGrades 8-120.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1890

Materials

  • Foundation: Other,See Remarks
  • Roof: Other,See Remarks
  • Construction materials: Composite Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: See Remarks,Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other,See Remarks
  • Flooring: Other,See Remarks

Heating & Cooling

  • Heating features: Other,See Remarks
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 855
  • Total interior livable area: 855 sqft

Property

Details

  • Parcel number: 04120009406400020150000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: See Remarks

Lot

  • Lot size: 1,650 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 25 x 66

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Cattaraugus County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $88$1,056
Home Insurance *$10$120
Property Taxes $27$324
Electricity $246$2,954
Total$371$4,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$12,720/yr
40% on housing$11,130/yr
45% on housing$9,893/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$20This listing

vs Other Active Listings

Avg $/sqft

ZIP 14760$120
Cattaraugus County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 14760$98
Cattaraugus County$99

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Price change$17,500
2026-03-25Listed for sale$25,000
2022-05-17Sold$12,000

For Sale by Agent

AgentDerek Greene
BrokerageThe Greene Realty Group

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