NOT LISTED FOR SALE

224 Hoffman Ave Oil City, PA 16301

Estimated Value: $53,000 - $92,000

4 Beds
2 Baths
1,736 Sq Ft
$42/Sq Ft Est. Value

Last Sold February 09, 2017

Last sale price $18,000 $10 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $448/month

16 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of February 2017

The 4 bedroom possible 5 bedroom with 2 baths has vinyl siding, newer 200 amp elect and newer gas forced air furnace. Large yard with detached 2 car garage.

Last Agent to Sell the Property

Bob Richards

Richards & Richards Real Estate LLC License #RB068500 Listed on: 01/20/2017

Last Buyer's Agent

Bob Richards

Richards & Richards Real Estate LLC License #RB068500 Listed on: 01/20/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1892

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • 16,040149
  • Property is zoned R2

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16,040-149

Home Details

Home Type

Single Family

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 140
  • Co List Office Mls Id: 112
  • Co List Office Phone: 814-437-2326
  • Directions: VCCH Take Rt 8 North. Right onto Center Street. Right onto Spring st. Left onto Harriott. Left onto Hoffman. House is the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1892
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Range, Refrigerator
  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Detached, 2 Car
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 7000
  • Additional Parcels Description: 16,040149
  • Additional Parcels: Yes
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 55

Tax Info

  • Tax Annual Amount: 546
  • Tax Map Number: 16,040-149
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Feb 7, 2017
Sold by
Richards Robert E and Richards Brandy L
Bought by
Franks Gerri R
Seller's Agent
Bob Richards
Richards & Richards Real Estate LLC
Buyer's Agent
Bob Richards
Richards & Richards Real Estate LLC
List Price
$22,000
Sold Price
$18,000
Premium/Discount to List
-$4,000
-18.18%
Total Days on Market
16
Current Estimated Value
$73,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,197
Avg. Annual Appreciation
15.97%

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 10, 2016
Sold by
Wisdom Dwayna and Famous Rich N
Bought by
Richards Robert E and Richards Brandy L
Seller's Agent
Robin Moon
GATES & BURNS REALTY, INC OC
List Price
$19,000
Sold Price
$10,000
Premium/Discount to List
-$9,000
-47.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.84%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Wray Curtis M and Wray Debora
Bought by
Wisdom Dwayna
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
Franks Gerri R $18,000 None Available
Richards Robert E $10,000 None Available
Wisdom Dwayna $23,400 Action Closing & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Robert E $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Sold $18,000 -18.2% $10 / Sq Ft
01/23/2017 01/23/17 For Sale $22,000 +120.0% $13 / Sq Ft
05/27/2016 05/27/16 Sold $10,000 -47.4% $6 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $19,000 -- $11 / 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 $589 $15,800 $4,480 $11,320
2024 $546 $15,800 $4,480 $11,320
2023 $546 $15,800 $4,480 $11,320
2022 $546 $15,800 $4,480 $11,320
2021 $546 $15,800 $4,480 $11,320
2020 $546 $15,800 $4,480 $11,320
2019 $546 $15,800 $4,480 $11,320
2018 $546 $15,800 $4,480 $11,320
2017 -- $15,800 $4,480 $11,320
2016 $546 $15,800 $4,480 $11,320
2015 -- $15,800 $4,480 $11,320
2014 -- $15,800 $4,480 $11,320
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bob Richards

    Richards & Richards Real Estate LLC

    (814) 673-4454

    85 Total Sales

    Section Image

  • R

    Seller's Agent in 2016

    Robin Moon

    GATES & BURNS REALTY, INC OC

    (814) 671-7168

    60 Total Sales

    Section Image
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 149174

APN: 16-040-149-000

Pennsylvania Venango County Oil City 16301

224 Hoffman Ave, Oil City, PA

This home is located at 224 Hoffman Ave, Oil City, PA 16301 since 20 January 2017 and is currently estimated at $73,197, approximately $42 per square foot. This property was built in 1892. 224 Hoffman Ave is a home located in Venango County with nearby schools including Oil City Senior High School, St. Stephen Elementary School, and Calvary Temple Christian School.

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