NOT LISTED FOR SALE

1255 W 2nd St Oil City, PA 16301

Estimated Value: $50,000 - $81,000

2 Beds
1 Bath
870 Sq Ft
$76/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $25,000 $29 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $466/month

187 Days on Market

Highlights

  • Deck
  • Subterranean Parking
  • Forced Air Heating System
  • Wood Flooring
  • Shed
  • 1 Car Garage

About This Home

As of April 2020

Charming one level, 2 bedroom, 1 bath Oil City home located on a low traffic street near Venango Campus and the bike path. There's a large and private backyard with deck for entertaining, lower level single stall garage, and a large family room in the basement that is perfect for the kids or man-cave.

Last Agent to Sell the Property

Matthew Bloom

Wilson Real Estate License #RS326017 Listed on: 09/18/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Dishwasher
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16,014.-085..-000

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 60 X 120
  • Directions: From Venango County Courthouse, follow Liberty St to US-62 N/Allegheny Blvd, Follow US-62N to Oil City, right at Petroleum St, right on 1st St, left onto Reservoir St, right onto Beech St, property will be on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Dishwasher
  • Has Basement: Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Storage
  • Other Structures: Shed
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car, Underground, Driveway
  • Total Parking Spaces: 1

Utilities

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

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 7200
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1161.59
  • Tax Map Number: 16,014.-085..-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Bowler Richard L and Bowler Sherrie L
Bought by
Bowler Richard L and Bowler Sherrie L
Current Estimated Value
$66,411

Purchase Details

Listed on
Sep 18, 2019
Closed on
Apr 17, 2020
Sold by
Neely Jody and Neely Troy E
Bought by
Bowler Richard L and Bowler Sherrie L
Seller's Agent
Matthew Bloom
Wilson Real Estate
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.98%

Purchase Details

Closed on
Nov 15, 2019
Sold by
Williams Erin A
Bought by
Neeley Jody
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
Bowler Richard L -- None Listed On Document
Bowler Richard L $25,000 None Available
Neeley Jody -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowler Richard L $76,281
Previous Owner Williams Erin A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $25,000 -37.5% $29 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $40,000 -- $46 / 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 $1,253 $33,640 $6,420 $27,220
2024 $1,162 $33,640 $6,420 $27,220
2023 $1,162 $33,640 $6,420 $27,220
2022 $1,162 $33,640 $6,420 $27,220
2021 $1,162 $33,640 $6,420 $27,220
2020 $1,162 $33,640 $6,420 $27,220
2019 $1,162 $33,640 $6,420 $27,220
2018 $1,162 $33,640 $6,420 $27,220
2017 -- $33,640 $6,420 $27,220
2016 $1,162 $33,640 $6,420 $27,220
2015 -- $33,640 $6,420 $27,220
2014 -- $33,640 $6,420 $27,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 153256

APN: 16-014-085-000