NOT LISTED FOR SALE

116 E 5th St Oil City, PA 16301

Estimated Value: $77,000 - $94,000

3 Beds
2 Baths
1,311 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $75,900 $58 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $606/month

136 Days on Market

Highlights

  • Cape Cod Architecture
  • Porch
  • Hot Water Heating System
  • Deck
  • Cooling Available
  • Wood Siding

About This Home

As of April 2024

Home is where your story begins! Come inside this Exceptionally Well Maintained 3 Bedroom, 1.75 Bath, Deceptively Large Cape. From the 34-handle, well-appointed Galley Kitchen W/Range, Dishwasher, and Double Bowl Stainless Sink to the adjacent Dining Room you will agree this one is Special. The 25-foot long Living Room was seemingly designed for Family and Celebrations. The Main Floor Walk-Out to 2nd Floor Deck overlooks the Rear Yard and can be ideal to enjoy the warmth of the sun or relax and sip a favorite beverage in the cool of the evening! The 3 BRs and Full BA complete the Upper Floor. And we still have the Finished Lower Level: The Large Rec Room, Bath and Laundry Area can quickly be converted to added Space for Entertaining with the walk out to Covered Rear Porch. Zoned R2 for Residential and No-Impact Home Business. Also included is Generator Hookup, 2021 New Roof, 2021 New Water Heater. Call today and Begin a new Chapter in Your Story called “Home”!

Last Agent to Sell the Property

Michael Wise

Coldwell Banker BURNS & BURNS Brokerage Phone: 8142266050 License #RM425536 Listed on: 12/01/2023

Coldwell Banker BURNS & BURNS

Co-Listed By

Elsa Ortiz

Coldwell Banker BURNS & BURNS Brokerage Phone: 8142266050 License #RS266321

Last Buyer's Agent

Robin Moon

GATES & BURNS REALTY, INC OC License #RS318776

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1917

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 139 x 39
  • Property is zoned R-2

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,311 Sq Ft Home
  • 1.5-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16,017.-167..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,648

Year Built

Built in 1917

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 139 x 39
  • Co List Office Mls Id: 5
  • Co List Office Phone: 814-226-6050
  • Directions: From VCCH: Take Elk Street South to a Left on Allegheny Blvd/RT 62 for 7.2 miles. Turn Right on Petroleum St/RT 62. Turn Left on West 1st Street/RT 62. Turn Right on Central Ave. Turn Left on East 5th Street. Subject on Left.
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1917
  • Attribution Contact: 8142266050
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate

Exterior Features

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

Garage/Parking

  • Attached Garage: No

Utilities

  • Laundry Features: W/D Hook Up
  • Cooling: Room
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Zoning: R-2

Tax Info

  • Tax Annual Amount: 1647.93
  • Tax Map Number: 16,017.-167..-000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Apr 3, 2024
Sold by
Knapp Barbara A and Kovach Barbara K
Bought by
Forsyth Karen May
Seller's Agent
Michael Wise
Coldwell Banker BURNS & BURNS
Buyer's Agent
Robin Moon
GATES & BURNS REALTY, INC OC
List Price
$84,900
Sold Price
$75,900
Premium/Discount to List
-$9,000
-10.6%
Views
197
Current Estimated Value
$86,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,685
Avg. Annual Appreciation
6.95%
Original Mortgage
$60,720
Outstanding Balance
$59,823
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$26,762

Purchase Details

Listed on
Jun 7, 2014
Closed on
Nov 24, 2014
Sold by
Zimmerman Juliette L
Bought by
Knapp Barbara A
Seller's Agent
James Daugherty
Daugherty Bros R.E. OC
Buyer's Agent
James Daugherty
Daugherty Bros R.E. OC
List Price
$49,500
Sold Price
$42,500
Premium/Discount to List
-$7,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$40,375
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Forsyth Karen May $75,900 None Listed On Document
Knapp Barbara A $42,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forsyth Karen May $60,720
Previous Owner Knapp Barbara A $40,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold $75,900 -5.0% $58 / Sq Ft
01/25/2024 01/25/24 Price Changed $79,900 -5.9% $61 / Sq Ft
12/01/2023 12/01/23 For Sale $84,900 +99.8% $65 / Sq Ft
11/25/2014 11/25/14 Sold $42,500 -14.1% $38 / Sq Ft View Prior Sale
10/26/2014 10/26/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $49,500 -- $44 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

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 $1,732 $46,490 $5,110 $41,380
2024 $1,605 $46,490 $5,110 $41,380
2023 $1,605 $46,490 $5,110 $41,380
2022 $1,605 $46,490 $5,110 $41,380
2021 $1,605 $46,490 $5,110 $41,380
2020 $1,605 $46,490 $5,110 $41,380
2019 $1,605 $46,490 $5,110 $41,380
2018 $1,605 $46,490 $5,110 $41,380
2017 -- $46,490 $5,110 $41,380
2016 $1,605 $46,490 $5,110 $41,380
2015 -- $46,490 $5,110 $41,380
2014 -- $46,490 $5,110 $41,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 158662

APN: 16-017-167-000

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