Cattaraugus County and Olean City property record for 505 School St, Olean, NY 14760 · Last verified May 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Bedrooms | 5 Beds |
| Bathrooms | 1.5 Baths |
| Architecture Style | Traditional |
| Year Built | Built 1880 |
| Square Footage | 1,760 sqft Living Area |
| Lot Size | 9,464 sqft (0.217 acres) |
| Occupancy | Owner Occupied |
| Tax Bill | $659.00 (2025) |
| Primary APN | 041200 94.050-3-63 |
|---|---|
| Alternative APNs |
|
| Bedrooms | 5 Beds |
|---|---|
| Full Baths | 1.5 Baths |
| Partial Baths | 1 Partial Baths |
| Building Area | 1,760 sqft Living Area |
| 1st Floor | 1,088 sqft 1st Floor |
| 2nd Floor | 560 sqft 2nd Floor |
| Upper Floors | 112 sqft Upper Floors |
| Stories | 2 Stories |
| Year Built | Built 1880 |
|---|---|
| Effective Year Built | Effective 1880 |
| Architectural Style | Traditional Style |
| Exterior Material | Wood Exterior |
| Lot Area | 9,464 sqft (0.217 acres) |
| Depth X Width | 130 ft x 72.8 ft Depth x Width |
| Porch Area | 268 sqft Porch |
| Heating System | Forced Air with Air Conditioning Heating |
|---|---|
| Heating Fuel | Gas Heating Fuel |
| Sewage | Municipal Sewage |
| Water Source | Commercial Water Source |
| Account Number | 017100 |
|---|---|
| Street Address | 505 SCHOOL ST |
| City | OLEAN |
| State | NY |
| Zip | 14760-2844 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Block | 3 |
| Legal Lot Number | 63.000 |
| Jurisdiction | CATTARAUGUS NY |
| Minor Civil Division | OLEAN |
| Census Blockgroup | 1 |
| Census Block | 1000 |
| Census Tract | 961800 |
Source: Cattaraugus County and Olean City records · APN 041200 94.050-3-63
Assessment roll updated April 30, 2026 · Last verified May 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 | 505 SCHOOL ST, OLEAN, NY 14760-2844 |
| Occupancy | Owner Occupied |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Date | Document |
|---|---|
| Jan 11, 2024 | Deed of Trust, Mortgage · Line of Credit COMMUNITY BANK NA |
| Aug 11, 2021 | Deed of Trust, Mortgage · Second Mortgage to Cover Down Payment COMMUNITY BANK NA |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Transfer Date | Oct 10, 2008 |
| Transfer Doc | 11005/5001 |
| Record Refreshed | Jun 08, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CATTARAUGUS NY |
| Property Address | 505 SCHOOL ST, OLEAN, NY 14760-2844 |
| Transaction Type | Mortgage |
| Record Updated | Jan 30, 2024 |
| Name | Verified Name |
|---|
| Document Number | 0000000797 |
|---|---|
| Date | Jan 11, 2024 |
| Instrument | 202400797 |
| Name | COMMUNITY BANK NA |
|---|---|
| Type | Bank |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 361 Months |
| Due | Feb 01, 2054 |
| Rate Type | Adjustable Rate |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | CATTARAUGUS NY |
| Property Address | 505 SCHOOL ST, OLEAN, NY 14760-2844 |
| Transaction Type | Mortgage |
| Record Updated | Aug 31, 2021 |
| Title Company | E-CHICAGO TITLE, CHICAGO TITLE |
| Name | Verified Name |
|---|
| Document Number | 202109236 |
|---|---|
| Date | Aug 11, 2021 |
| Instrument | 202109236 |
| Name | COMMUNITY BANK NA |
|---|---|
| Type | Bank |
| Type | Second Mortgage to Cover Down Payment |
|---|---|
| Amount | Amount Recorded |
| Term | 61 Months |
| Due | Sep 01, 2026 |
Source: Cattaraugus County and Olean City records · Assessment roll updated April 30, 2026 · Last verified May 2026
| Type | Name |
|---|---|
| State | New York |
| County | Cattaraugus County |
| Municipality | Olean City |
| Unified School District | Olean City School District (PK - 12) |
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 | $659.00 (+2.49%) Homeowner's exemption Senior Citizen's exemption | $48,000 (-) Land $6,400 Building $41,600 | $67,606 (+9.86%) Land $9,014 Building $58,592 |
| 2024 | $643.00 | ||
| 2023 | $48,000 Land $6,400 Building $41,600 | $61,538 Land $8,205 Building $53,333 |
Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | FEMA flood map data for this location is not available in our records |
|---|
| Wildfire Risk | Low above 20% of the US · above 55% of New York |
|---|---|
| Wildfire Likelihood | About 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; lenders make the official flood determination.
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