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1407 Washington St, Olean, NY, 14760

2beds
2baths
1,281sqft
$139,900
$109price/sqft
$1,263/moest. monthly cost
$50,520/yrincome needed

About This Home

Pride of ownership shines throughout this vinyl-sided West Olean gem. The big-ticket items are already handled: the roof is approximately 10 years old, and the boiler is only 3 years old, so you can move in with peace of mind. Step inside to a surprisingly spacious first floor featuring a formal dining room, comfortable living room, eat-in kitchen, and a convenient half bath. The heated sunroom is a real bonus, a bright, year-round spot for morning coffee, a home office, or curling up with a book no matter the season. Out back, you'll find a cute, private yard that's fully fenced and ready for the dog to run. The covered deck extends your living space outdoors, perfect for grilling or relaxing rain or shine. The former garage currently serves as great storage but offers real potential to be converted back — plus there's a concrete driveway for easy parking. Location seals the deal: just a block from Washington West Elementary and within walking distance of West State Street shops and restaurants. Homes this well cared for in this neighborhood don't last. This is a good one; schedule your showing today!

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
66
BikeBikeable

Schools

6/10
Olean Senior High SchoolGrades 8-120.7 mi
4/10
Olean Middle SchoolGrades 3-80.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding,Copper Plumbing

Type & Style

  • Home type: SingleFamily
  • Architectural style: Historic/Antique,Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Range,Built-In Oven,Dishwasher,Gas Water Heater,Microwave
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Ceiling Fan(s),Eat-in Kitchen,Separate/Formal Living Room
  • Flooring: Carpet,Laminate,Varies

Heating

  • Heating features: Gas,Baseboard

Interior Area

  • Total structure area: 1,281
  • Total interior livable area: 1,281 sqft

Property

Details

  • Parcel number: 04120009406400050020000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Concrete Driveway,Deck,Fully Fenced
  • Fencing: Full

Lot

  • Lot size: 3,781 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 39 x 97

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $707$8,484
Home Insurance *$87$1,044
Property Taxes $223$2,676
Electricity $246$2,954
Total$1,263$15,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,302/yr
40% on housing$37,890/yr
45% on housing$33,680/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

$109This listing

vs Other Active Listings

Avg $/sqft

ZIP 14760$117
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
2026-07-21Listed for sale$139,900

For Sale by Agent

AgentPaul Pezzimenti
BrokerageHoward Hanna Professionals - Olean

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