NOT LISTED FOR SALE

25 Drake Dr Oil City, PA 16301

Estimated Value: $92,000 - $156,000

2 Beds
1 Bath
1,040 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $70,000 $67 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $929/month

282 Days on Market

Highlights

  • Porch
  • Patio
  • 1-Story Property
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Are you ready to down-size to 1 floor living. This 2- Bedroom & 1 Bath Ranch home with 1 Car attached garage is the home for you. Located on the Southside of Oil City close to the Elem Schools, the Softball fields and Venango College . The Property is being Sold As Is and No Warranty! Call today to setup your private showing!

Last Agent to Sell the Property

William Moon

GATES & BURNS REALTY, INC OC License #RM423628 Listed on: 09/29/2017

Last Buyer's Agent

James Daugherty

Daugherty Bros R.E. FR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 8,625 Sq Ft Lot
  • Lot Dimensions are 75' x 115'
  • 16,025.028.000

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16,025.-028.-000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 75' x 115'
  • Directions: From VCCH take RT 8N to Oil City, turn right onto Petroleum St Bridge. Go to 2nd red light turn right. Go to Mitchell Ave turn left. Go to Drake Drive turn left. Go up around the bend. House is on the left. Watch for the Sign!
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1962
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Range, Washer, Dryer, Refrigerator
  • Has Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Other Structures: None
  • Patio And Porch Features: Patio, Porch
  • Roof: Composition, Other

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Car, Attached, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: W/D Hook Up
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 200+ 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: 8625
  • Additional Parcels Description: 16,025.028.000
  • Additional Parcels: Yes
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2413
  • Tax Map Number: 16,025.-028.-000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Mclaughlin Diane C
Bought by
Mclaughlin Diane C and Mclaughlin Dennis R
Current Estimated Value
$130,007

Purchase Details

Listed on
Sep 29, 2017
Closed on
Aug 6, 2018
Sold by
Sonoski Between Raymond P
Bought by
Sonoski Pauline C
Seller's Agent
William Moon
GATES & BURNS REALTY, INC OC
Buyer's Agent
James Daugherty
Daugherty Bros R.E. FR
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$56,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Mclaughlin Diane C -- None Listed On Document
Sonoski Pauline C $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sonoski Pauline C $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold $70,000 -11.4% $67 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
09/29/2017 09/29/17 For Sale $79,000 -- $76 / 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 $2,602 $69,860 $11,130 $58,730
2024 $2,412 $69,860 $11,130 $58,730
2023 $2,412 $69,860 $11,130 $58,730
2022 $2,412 $69,860 $11,130 $58,730
2021 $2,412 $69,860 $11,130 $58,730
2020 $2,412 $69,860 $11,130 $58,730
2019 $2,412 $69,860 $11,130 $58,730
2018 $2,412 $69,860 $11,130 $58,730
2017 -- $69,860 $11,130 $58,730
2016 $2,412 $69,860 $11,130 $58,730
2015 -- $69,860 $11,130 $58,730
2014 -- $69,860 $11,130 $58,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 150327

APN: 16-025-028-000