NOT LISTED FOR SALE

516 W 3rd St Oil City, PA 16301

Estimated Value: $159,000 - $251,000

5 Beds
3.5 Baths
3,294 Sq Ft
$65/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $160,800 $49 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,478/month

173 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Porch
  • Wood Siding

About This Home

As of May 2018

Majestic Victorian home situated on a corner lot. Features include natural woodwork, many hardwood floors, nice-sized rooms throughout, a large master bedroom with a gas fireplace, and 3rd floor with 2 extra bedrooms and a full bath. The kitchen is modern with corner cupboards, a breakfast nook, and a storage pantry. The living room and family room both have fireplaces with gas logs. There is a side porch and a rear covered porch plus a 2-car detached garage with auto door. This is a great family home designed in the grand style of the turn- of -the -century. (Possession Date is to be determined).

Last Agent to Sell the Property

James Daugherty

Daugherty Bros R.E. FR Listed on: 10/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,019

Year Built

  • Built in 1895

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53' x 130'
  • 16,012.012..000
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16,012.-012..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,019

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 53' x 130'
  • Directions: From VCCH, take Rt. 8 North & turn right onto the 1st bridge in Oil City. Turn right onto W. 1st St. Turn left onto Smedley St. Turn left onto W. 3rd St. House is on the left at the corner of Smedley and W. 3rd Streets.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1895
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Range, Washer, Dryer, Refrigerator
  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached, 2 Car, Garage Door Opener, Driveway
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: W/D Hook Up
  • Cooling: None
  • Cooling Y N: No
  • 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: 6969.6
  • Additional Parcels Description: 16,012.012..000
  • Additional Parcels: Yes
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4019
  • Tax Map Number: 16,012.-012..-000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Apr 25, 2018
Sold by
Rieger Jack R
Bought by
Rieger Carol A
Seller's Agent
James Daugherty
Daugherty Bros R.E. FR
List Price
$159,000
Sold Price
$160,800
Premium/Discount to List
$1,800
1.13%
Current Estimated Value
$212,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,070
Avg. Annual Appreciation
3.84%
Original Mortgage
$160,800
Outstanding Balance
$138,157
Interest Rate
4.4%
Estimated Equity
$74,713

Purchase Details

Listed on
Oct 26, 2017
Closed on
Apr 16, 2018
Sold by
Rieger Carol A
Bought by
Pickens Andrew
Seller's Agent
James Daugherty
Daugherty Bros R.E. FR
List Price
$159,000
Sold Price
$160,800
Premium/Discount to List
$1,800
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Outstanding Balance
$138,157
Interest Rate
4.4%
Estimated Equity
$74,713
Source: Public Records

Range of Values:

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Average Value
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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
Rieger Carol A -- None Available
Pickens Andrew $160,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickens Andrew $160,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $160,800 +1.1% $49 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $159,000 -- $48 / 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 $4,336 $116,400 $8,130 $108,270
2024 $4,019 $116,400 $8,130 $108,270
2023 $4,019 $116,400 $8,130 $108,270
2022 $4,019 $116,400 $8,130 $108,270
2021 $4,019 $116,400 $8,130 $108,270
2020 $4,019 $116,400 $8,130 $108,270
2019 $4,019 $116,400 $8,130 $108,270
2018 $4,019 $116,400 $8,130 $108,270
2017 -- $116,400 $8,130 $108,270
2016 $4,019 $116,400 $8,130 $108,270
2015 -- $116,400 $8,130 $108,270
2014 -- $116,400 $8,130 $108,270
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James Daugherty

    Daugherty Bros R.E. FR

    (814) 432-3166

    7 Total Sales

    James Daugherty
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 150467

APN: 16-012-012-000

Pennsylvania Venango County Oil City 16301

516 W 3rd St, Oil City, PA

This home is located at 516 W 3rd St, Oil City, PA 16301 since 26 October 2017 and is currently estimated at $212,870, approximately $64 per square foot. This property was built in 1895. 516 W 3rd 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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