NOT LISTED FOR SALE

1042 Central Avenue Extension Oil City, PA 16301

Estimated Value: $92,724 - $116,000

3 Beds
1 Bath
1,040 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $60,000 $58 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $602/month

45 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • Wood Flooring

About This Home

As of May 2018

This beautiful Cape Cod located in Oil City's south side neighborhood is "move in ready". Located within Cranberry School District the home offers lot's of beautiful woodwork, a great view, and central air conditioning. Call today to schedule your showing...

Last Agent to Sell the Property

Dana Shawgo

Shawgo Real Estate LLC License #RM424170 Listed on: 03/06/2018

Last Buyer's Agent

Dana Shawgo

Shawgo Real Estate LLC License #RM424170 Listed on: 03/06/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50' x 113'
  • 08,031.070..000

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08,031.-070..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$909

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 50' X 113'
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Washer, Dryer, Refrigerator
  • Has Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Cranberry

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Additional Parcels Description: 08,031.070..000
  • Additional Parcels: Yes
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 65

Tax Info

  • Tax Annual Amount: 909
  • Tax Map Number: 08,031.-070..-000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 23, 2018
Sold by
Covell Carmela
Bought by
Latshaw Denise Marie
Seller's Agent
Dana Shawgo
Shawgo Real Estate LLC
Buyer's Agent
Dana Shawgo
Shawgo Real Estate LLC
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Current Estimated Value
$97,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,460
Avg. Annual Appreciation
7.80%
Original Mortgage
$58,913
Outstanding Balance
$52,134
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$51,047

Purchase Details

Closed on
Apr 22, 2014
Sold by
Secretary Of Hud
Bought by
Covell Carmella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2013
Sold by
Us Bnak Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 2, 2009
Sold by
Herr Michael E
Bought by
Bromley Herr Nichole M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Latshaw Denise Marie $60,000 None Available
Covell Carmella $24,000 None Available
Secretary Of Hud -- None Available
Bromley Herr Nichole M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latshaw Denise Marie $793
Open Latshaw Denise Marie $4,797
Closed Latshaw Denise Marie $4,316
Open Latshaw Denise Marie $7,301
Open Latshaw Denise Marie $58,913
Previous Owner Covell Carmella Elesorio $14,168
Previous Owner Covell Carmella Elesorio $20,000
Previous Owner Covell Carmella $22,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $60,000 -7.6% $58 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $64,900 -- $62 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,016 $41,120 $7,500 $33,620
2024 $972 $41,120 $7,500 $33,620
2023 $940 $41,120 $7,500 $33,620
2022 $927 $41,120 $7,500 $33,620
2021 $927 $41,120 $7,500 $33,620
2020 $927 $41,120 $7,500 $33,620
2019 $927 $41,120 $7,500 $33,620
2018 $908 $41,120 $7,500 $33,620
2017 -- $41,120 $7,500 $33,620
2016 $917 $41,120 $7,500 $33,620
2015 -- $41,120 $7,500 $33,620
2014 -- $50,090 $7,500 $42,590
Source: Public Records

Agents Affiliated with this Home

  • Dana Shawgo

    Seller's Agent in 2018

    Dana Shawgo

    Shawgo Real Estate LLC

    (814) 657-3749

    16 in this area

    154 Total Sales

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 150849

APN: 08-031-070-000

Pennsylvania Venango County Oil City 16301

1042 Central Avenue Extension, Oil City, PA

This home is located at 1042 Central Avenue Extension, Oil City, PA 16301 since 06 March 2018 and is currently estimated at $103,181, approximately $99 per square foot. This property was built in 1940. 1042 Central Avenue Extension is a home located in Venango County with nearby schools including Cranberry Elementary School, Cranberry Area Junior/Senior High School, and St. Stephen Elementary School.

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