$550,000

1197 Bankson Rd Oil City, PA 16301

Estimated payment $3,592/month

Total Views 140,479
3 Beds
2.5 Baths
2,488 Sq Ft
$221 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Kitchen Island
  • Hydromassage or Jetted Bathtub
  • Double Pane Windows
  • Forced Air Heating and Cooling System

About This Home

Looking for a secluded architecturally designed custom built home with the best quality materials money can buy? You found it! This home was built in 1998. It is a 2-3 beds,2.5 bath home offering a large eat in kitchen with incredible custom cabinetry including a wood buring fireplace. A perfect sized formal dining room. The beautiful living room has cathedral wood ceilings, 2 curly cherry wood columns, a beautiful wood burning fireplace and a full wall of french doors revealing wooded views of the back property. Custom made hardwood floors not seen anywhere else. Each bedroom has an on suite full or 3/4bath. The master bath boasts large jacuzzi tub, shower and a warming drawer for towels. Professionally decorated! 1st floor laundry, the office is an optional 3rd bedroom. Full DRY basement. Exterior features cedar shake wood siding, slate roof, and 2 unique chimneys . Shared driveway to allow current seller access to adjoing property.

Listing Agent

Bobbi Lazar

1ST RATE REALTY LLC License #RS299455 Listed on: 10/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,572

Year Built

  • Built in 1998

Lot Details

  • 8 Acre Lot

Home Design

  • Slate Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,488 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Wood Flooring
  • Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Spring water is a source of water for the property
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,572

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Size Acres: 8.0
  • Lot Size: 8+- Acres
  • Directions: From VCCH follow Rt 8 North to Oil City. Follow the bypass to Rouseville. Turn right on Rt 227. At the 2nd Bankson Rd turn left. At the T, turn left and go across the bridge. First drive on right.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1998
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Trash Compactor, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Central Vacuum, Jetted Tub, Kitchen Island, Window Treatments
  • Window Features: Multi Pane, Screens, Window Treatments

Exterior Features

  • Roof: Slate
  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Spring

Schools

  • Junior High Dist: Oil City

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6572.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,983 $250,750 $47,170 $203,580
2024 $6,572 $250,750 $47,170 $203,580
2023 $6,389 $250,750 $47,170 $203,580
2022 $6,389 $250,750 $47,170 $203,580
2021 $6,572 $250,750 $47,170 $203,580
2020 $6,389 $250,750 $47,170 $203,580
2019 $6,389 $250,750 $47,170 $203,580
2018 $6,572 $250,750 $47,170 $203,580
2017 -- $243,760 $40,180 $203,580
2016 $6,389 $250,750 $47,170 $203,580
2015 -- $250,750 $47,170 $203,580
2014 -- $250,750 $47,170 $203,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $549,000 -4.5% $221 / Sq Ft
06/13/2025 06/13/25 Price Changed $575,000 +4.5% $231 / Sq Ft
10/17/2024 10/17/24 Price Changed $550,000 -4.3% $221 / Sq Ft
08/16/2024 08/16/24 Price Changed $575,000 -3.4% $231 / Sq Ft
06/05/2024 06/05/24 For Sale $595,000 -- $239 / Sq Ft
Source: West Penn Multi-List

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Home in Oil City, PA

  • 1197 Bankson Rd, Oil City, PA 16301

    $549,000

    • 3 Beds
    • 3 Baths
    • 2,488 Sq Ft
    • 1197 Bankson Rd
    • Oil City, PA

    Looking for a secluded architecturally designed custom built home with the best quality materials money can buy? You found it! Built in 1998, this 2-3 bedroom, 2.5 bath home offers a large eat in kitchen with incredible custom cabinetry including & a wood buring fireplace. A perfect sized formal dining room. The beautiful living room has cathedral wood ceilings, 2 curly cherry wood columns, a

    Bobbi Lazar 1st Rate Realty, LLC

    Section Image

Source: West Penn Multi-List

MLS Number: 1678264

West Penn Multi-List

APN: 07-005-007B-000