NOT LISTED FOR SALE
3 Beds
2 Baths
2,643 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: October 28, 2024

Last sale price $100,000 $38 Per Sq Ft

64 Days on Market

Highlights

  • Main Floor Bedroom
  • Forced Air Heating System
  • Wood Siding
  • Porch
  • Hot Water Heating System
  • Gas Fireplace

About This Home

As of October 2024

Excellent income opportunity near downtown Oil City. This well taken care top and bottom apartment Duplex offers off street parking and a garage for extra storage. The first floor is heated by a boiler that was installed in 2018. The upstairs is forced air. Both apartments have on demand hot water and washer and dryer hookups. The outside has been recently painted in the last couple years. Property could be converted to single family home.

Last Agent to Sell the Property

Brian Wice

Richards & Richards Real Estate LLC Brokerage Phone: 8144372326 License #RS356231 Listed on: 08/25/2024

Last Buyer's Agent

Cynthia Moon

GATES & BURNS REALTY, INC OC License #AB047728L

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x140

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,643 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for unknown
  • Assessor Parcel Number 16,006.-108..-000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,720

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 70x140
  • Exclusions: Ventless heater in first floor Kitchen. Upstairs washer and dryer.
  • Directions: From VCCH,Route 8 North to Oil City. Right onto Petroleum Street. Left onto West third, cross Central. Property is on the right.
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: 8144372326
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Stove, Unit 2 Stove, Unit 1 Refrigerator, Unit 2 Refrigerator
  • Has Basement: Crawl Space, Partial
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Main Level Bedroom

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Fuses
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unknown

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 350
  • Total Actual Rent: 1525
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 1720
  • Tax Map Number: 16,006.-108..-000
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2024
Closed on
Nov 4, 2024
Sold by
Bought by
Seller's Agent
Brian Wice
Richards & Richards Real Estate LLC
Buyer's Agent
Cynthia Moon
GATES & BURNS REALTY, INC OC
List Price
$99,000
Sold Price
$100,000
Premium/Discount to List
$1,000
1.01%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$78,797
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2015
Closed on
Jan 6, 2018
Sold by
Bought by
Seller's Agent
Liz Roth
Richards & Richards Real Estate LLC
Buyer's Agent
Liz Roth
Allegheny Valley Real Estate LLC
List Price
$50,000
Sold Price
$20,000
Premium/Discount to List
-$30,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.66%

Purchase Details

Closed on
Feb 7, 2008
Sold by
Bought by

Purchase Details

Closed on
May 19, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
5.95%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100,000 None Listed On Document
$20,000 None Available
$24,090 None Available
$57,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $85,000
Previous Owner $45,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Sold $100,000 +1.0% $38 / Sq Ft
08/25/2024 08/25/24 For Sale $99,000 +395.0% $37 / Sq Ft
01/09/2018 01/09/18 Sold $20,000 -60.0% $8 / Sq Ft View Prior Sale
12/10/2017 12/10/17 Pending -- -- --
08/07/2015 08/07/15 For Sale $50,000 -- $19 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,772 $48,180 $5,600 $42,580
2025 $1,795 $48,180 $5,600 $42,580
2024 $1,664 $48,180 $5,600 $42,580
2023 $1,664 $48,180 $5,600 $42,580
2022 $1,664 $48,180 $5,600 $42,580
2021 $1,664 $48,180 $5,600 $42,580
2020 $1,664 $48,180 $5,600 $42,580
2019 $1,664 $48,180 $5,600 $42,580
2018 $1,664 $48,180 $5,600 $42,580
2017 -- $48,180 $5,600 $42,580
2016 $1,664 $48,180 $5,600 $42,580
2015 -- $48,180 $5,600 $42,580
2014 -- $48,180 $5,600 $42,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 160673

APN: 16,006.-108..-000

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