501 W State St, Olean, NY 14760 Property Records

Cattaraugus County and Olean City property record for 501 W State St, Olean, NY 14760 · Last verified July 2026

Property Highlights

Property Type	Commercial > Retail > Restaurant
Year Built	Built 1997
Square Footage	1,640 sqft Gross Area
Lot Size	5,393 sqft (0.123 acres)
Last Sale	$130,000 (2022)
Tax Bill	$4,988.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`041200 94.064-14-4`
Alternative APNs	`120009406400140040000000` `053110`

Interior

Building Area	1,640 sqft Gross Area
Stories	1 Stories

Exterior

Year Built	Built 1965
Effective Year Built	Effective 1997
Lot Area	5,393 sqft (0.123 acres)
Depth X Width	62.7 ft x 86 ft Depth x Width

Utilities and HVAC

Heating Fuel	Oil Heating Fuel
Sewage	Municipal Sewage
Water Source	Commercial Water Source

Location & Zoning

Account Number	053110
Street Address	501 W STATE ST
City	OLEAN
State	NY
Zip	14760-2543
Property Usage	Commercial Property Usage
Type	Commercial > Retail > Restaurant
Legal Block	14
Legal Lot Number	4.000
Jurisdiction	CATTARAUGUS NY
Minor Civil Division	OLEAN
Census Blockgroup	1
Census Block	1004
Census Tract	961700

Owner

Source: Cattaraugus County and Olean City records · APN 041200 94.064-14-4

Assessment roll updated April 30, 2026 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	501 W STATE ST, OLEAN, NY 14760-2543
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Feb 25, 2022 · Amount on Record
Deed Sale	Feb 25, 2022 · Amount on Record
Prior Sale	Sep 21, 2004 · Amount on Record
Record Refreshed	Sep 20, 2026

February 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CATTARAUGUS NY
Recording Date	Feb 25, 2022
Property Address	501 W STATE ST, OLEAN, NY 14760-2543
Document Number	0000012385
Instrument Date	Sep 30, 2021
Instrument	202212385
Transaction Type	Transfer
Record Updated	Apr 03, 2026

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	444 3RD AVE, OLEAN, NY 14760-1710

Mortgage

Document Number	0000012355
Date	Feb 25, 2022
Instrument	202212355

Lender

Name	HAMLIN BANK & TRUST COMPANY
Type	Bank

Agreement

Type	Stand Alone First Mortgage
Amount	Amount Recorded
Term	181 Months
Due	Mar 01, 2037

Tax Assessment & Valuation

Source: Cattaraugus County and Olean City records · Assessment roll updated April 30, 2026 · Last verified July 2026

Property Jurisdictions

Type	Name
State	New York
County	Cattaraugus County
Municipality	Olean City
Unified School District	Olean City School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,988.00 (+1.65%)	$130,000 (-) Land $10,300 Building $119,700	$183,099 (+9.86%) Land $14,507 Building $168,592
2024	$4,907.00
2023		$130,000 Land $10,300 Building $119,700	$166,667 Land $13,205 Building $153,462

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	FEMA flood map data for this location is not available in our records

Wildfire

Wildfire Risk	Low above 20% of the US · above 55% of New York
Wildfire Likelihood	About 1 in 10,000 per year
Exposure	Indirect within ember reach

Values are read at the parcel center point; lenders make the official flood determination.