NOT LISTED FOR SALE

512 W 1st St Oil City, PA 16301

Estimated Value: $102,000 - $106,000

4 Beds
1.5 Baths
2,016 Sq Ft
$52/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $82,000 $41 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $707/month

662 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Wood Burning Fireplace
  • Porch

About This Home

As of May 2021

This 4 bedroom 1.5 bath home offers off street parking in the back. Two separate rear decks and a front porch. Modern Kitchen with tongue and groove wood on the ceiling and built-in appliances. A half bath with the laundry on the first floor. Four bedrooms and a full bath on the second floor. The basement has a finished family room, additional full bath and a kitchenette.

Last Agent to Sell the Property

Bob Richards

Richards & Richards Real Estate LLC License #RB068500 Listed on: 07/05/2019

Last Buyer's Agent

William Moon

GATES & BURNS REALTY, INC OC License #RM423628

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1895

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Property is zoned R2

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16,010-102-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: 60 x 100
  • Co List Office Mls Id: 112
  • Co List Office Phone: 814-437-2326
  • Directions: VCCH Take Rt 8 North. Turn right on Petroleum Street. Right onto West 1st Street. House in the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1895
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Range, Refrigerator
  • Has Basement: Partially Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No

Utilities

  • Laundry Features: W/D Hook Up
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 100 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: 6000
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 80

Tax Info

  • Tax Annual Amount: 1562
  • Tax Map Number: 16,010-102-000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
May 26, 2021
Sold by
Marvin Dennis R
Bought by
Baker Jessica
Seller's Agent
Bob Richards
Richards & Richards Real Estate LLC
Buyer's Agent
William Moon
GATES & BURNS REALTY, INC OC
List Price
$99,900
Sold Price
$82,000
Premium/Discount to List
-$17,900
-17.92%
Current Estimated Value
$104,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,170
Avg. Annual Appreciation
0.51%
Original Mortgage
$80,514
Outstanding Balance
$73,632
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$10,136

Purchase Details

Listed on
Apr 23, 2013
Closed on
Sep 18, 2013
Sold by
Walters Michael T and Walters Jeanne M
Bought by
Marvin Dennis R
Seller's Agent
William Moon
GATES & BURNS REALTY, INC OC
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.16%
Original Mortgage
$107,142
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Baker Jessica $82,000 None Available
Marvin Dennis R $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Jessica $80,514
Previous Owner Marvin Dennis R $107,142
Previous Owner Walters Michael T $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $82,000 -17.9% $41 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
07/05/2019 07/05/19 For Sale $99,900 -4.9% $50 / Sq Ft
09/18/2013 09/18/13 Sold $105,000 -3.7% $52 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $109,000 -- $54 / 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 $1,685 $45,240 $7,080 $38,160
2024 $1,562 $45,240 $7,080 $38,160
2023 $1,562 $45,240 $7,080 $38,160
2022 $1,562 $45,240 $7,080 $38,160
2021 $1,562 $45,240 $7,080 $38,160
2020 $1,562 $45,240 $7,080 $38,160
2019 $1,562 $45,240 $7,080 $38,160
2018 $1,562 $45,240 $7,080 $38,160
2017 -- $45,240 $7,080 $38,160
2016 $1,562 $45,240 $7,080 $38,160
2015 -- $45,240 $7,080 $38,160
2014 -- $45,240 $7,080 $38,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 152908

APN: 16-010-102-000