NOT LISTED FOR SALE

29 W 5th St Oil City, PA 16301

Estimated Value: $50,000 - $75,000

4 Beds
2 Baths
1,635 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $40,000 $24 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $436/month

1,225 Days on Market

Highlights

  • 1 Car Detached Garage
  • Cooling Available
  • Wood Siding
  • Porch
  • Hot Water Heating System

About This Home

As of October 2019

NICE & CLEAN & PLENTY OF ROOM! The home features: Kitchen with eat-in area, plus a dining room when you need it or use it for a first floor bedroom many options. 3/4 bath with laundry, living room & family room all on main level. The upper level features a full bath, 4 bedrooms, also walk up attic for storage. Garage with automatic door all on a nicely landscaped yard. Call us today for your own private showing!

Last Agent to Sell the Property

Kevin Ochalek

Howard Hanna - Rosewood Real Estate License #RS288264 Listed on: 05/13/2016

Howard Hanna - Rosewood Real Estate

Last Buyer's Agent

Rebecca Bloom

Wilson Real Estate License #SB065134

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 43' x 140'
  • 16,020.045..000

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Slate Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,635 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16,020.-045..-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: 0.14
  • Lot Size: 43' x 140'
  • Directions: From Venango County Courthouse Franklin, PA to Route 8-62 North to Oil City turn right onto Petroleum St 0.3mi turn left onto W1st St 377ft turn left onto Central Ave 0.3mi turn right onto W 5th property on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1900
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Car, Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Room
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Additional Parcels Description: 16,020.045..000
  • Additional Parcels: Yes
  • Zoning: residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 80

Tax Info

  • Tax Annual Amount: 1023
  • Tax Map Number: 16,020.-045..-000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Olivas Maria T and Hernandez Jesus
Bought by
Phillips Karl E and Phillips Charity L
Current Estimated Value
$64,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Outstanding Balance
$38,267
Interest Rate
5.92%
Mortgage Type
Construction
Estimated Equity
$30,810

Purchase Details

Listed on
May 13, 2016
Closed on
Oct 24, 2019
Sold by
Watson Carolyn G
Bought by
Olivas Fernando and Olivas Maria T
Seller's Agent
Kevin Ochalek
Howard Hanna - Rosewood Real Estate
Buyer's Agent
Rebecca Bloom
Wilson Real Estate
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$30,000
Interest Rate
3.5%
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
Phillips Karl E $30,000 None Listed On Document
Phillips Karl E $30,000 None Listed On Document
Olivas Fernando $40,000 Colonial Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Karl E $38,400
Closed Phillips Karl E $38,400
Previous Owner Olivas Fernando $30,000
Previous Owner Watson Dean S $15,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $40,000 -19.8% $24 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
05/16/2016 05/16/16 For Sale $49,900 -- $31 / 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 $1,103 $29,620 $5,180 $24,440
2024 $1,023 $29,620 $5,180 $24,440
2023 $1,023 $29,620 $5,180 $24,440
2022 $1,023 $29,620 $5,180 $24,440
2021 $1,023 $29,620 $5,180 $24,440
2020 $1,023 $29,620 $5,180 $24,440
2019 $1,023 $29,620 $5,180 $24,440
2018 $1,023 $29,620 $5,180 $24,440
2017 -- $29,620 $5,180 $24,440
2016 $1,023 $29,620 $5,180 $24,440
2015 -- $29,620 $5,180 $24,440
2014 -- $29,620 $5,180 $24,440
Source: Public Records

Agents Affiliated with this Home

  • Kevin Ochalek

    Seller's Agent in 2019

    Kevin Ochalek

    Howard Hanna - Rosewood Real Estate

    (814) 673-2368

    63 Total Sales

    Kevin Ochalek
    Section Image

  • R

    Buyer's Agent in 2019

    Rebecca Bloom

    Wilson Real Estate

    66 Total Sales

    Rebecca Bloom
    Section Image
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 148171

APN: 16-020-045-000

Pennsylvania Venango County Oil City 16301

29 W 5th St, Oil City, PA

This home is located at 29 W 5th St, Oil City, PA 16301 since 13 May 2016 and is currently estimated at $64,790, approximately $39 per square foot. This property was built in 1900. 29 W 5th St is a home located in Venango County with nearby schools including Oil City Senior High School, St. Stephen Elementary School, and Venango Region Catholic School.

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