NOT LISTED FOR SALE

607 W 1st St Oil City, PA 16301

Estimated Value: $276,000 - $1,598,000

6 Beds
11 Baths
11,000 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,350,000 $123 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $6,599/month

598 Days on Market

Highlights

  • Wood Flooring
  • 9 Fireplaces
  • Double Pane Windows
  • Victorian Architecture
  • 8 Car Attached Garage
  • Intercom

About This Home

As of July 2024

A Rare opportunity to own one of Oil City's most fabulous Historic homes. This home will WOW you from top to bottom. Each room has been meticulously thought out with designer finishes. The Grand 2 story entry is one of three staircases. 9 gas fireplaces, perfect flow for entertaining. Beautiful chef's kitchen with Garland gas stove and 6 burner cook top, copper hood, quartz counters and a walk in pantry. a 12 ft island extends to the spacious great room with rich wood details and a stone fireplace. Ton's of natural light from the 4 sets of french doors. The primary suite has a beautiful fireplace with built ins and two master baths with extensive custom closets. Each of the remaining bedrooms has a private bath. LL has a wine cellar, gym, theater and potential for additional bedrooms. The courtyards offer extensive stone work, outdoor fireplace, Koi pond/waterfall, green house,electric car charger, 8 garages and auxiliary parking, extensive gardens, circular
front drive.

Last Agent to Sell the Property

Tom Stirling

HOWARD HANNA REAL ESTATE SERVICES License #RS290016 Listed on: 11/22/2022

HOWARD HANNA REAL ESTATE SERVICES

Last Buyer's Agent

Michele Stillwagon

PIATT SOTHEBY'S INTERNATIONAL REALTY License #RS346499

PIATT SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,417

Year Built

  • Built in 1902

Lot Details

  • 0.77 Acre Lot

Home Design

  • Victorian Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 11,000 Sq Ft Home
  • 3-Story Property
  • 9 Fireplaces
  • Double Pane Windows
  • Window Treatments
  • Finished Basement
  • Walk-Up Access

Kitchen

  • Stove
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 8 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam

Community Details

  • Goodwin & White Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,417

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Municipality: Oil City
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Lot Size Acres: 0.77
  • Lot Size: 130x219x130x47x170m/
  • Subdivision Name: Goodwin & White
  • Directions: PA - 8 North to US 62 to R on W 1st Street to home on L
  • Architectural Style: Three Story, Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1902
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Basement: Finished, Walk-Up Access
  • Appliances: Some Gas Appliances, Cooktop, Dryer, Dishwasher, Refrigerator, Stove, Washer
  • Other Equipment: Intercom
  • Basement YN: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 9
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Intercom, Kitchen Island, Pantry, Window Treatments
  • Window Features: Multi Pane, Window Treatments

Exterior Features

  • Roof: Asphalt
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Detached, Garage, Off Street, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Oil City

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12417.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Jul 9, 2024
Sold by
Smith Donald B and Pedi-Smith Selina
Bought by
Wilbur John Gustave and Rose Wilbur Laura
Seller's Agent
Tom Stirling
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Michele Stillwagon
PIATT SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Views
1750
Current Estimated Value
$1,025,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$324,030
Avg. Annual Appreciation
-37.44%
Original Mortgage
$750,000
Outstanding Balance
$743,676
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$54,722

Purchase Details

Closed on
Dec 13, 2012
Sold by
Burton Antony S
Bought by
Smith Donald B and Smith Deborah W

Purchase Details

Closed on
May 11, 2007
Sold by
Smith Donald B and Smith Debosrah W
Bought by
Smith Donald B and Smith Deborah W

Purchase Details

Closed on
Sep 20, 2006
Sold by
Hollis Steven W
Bought by
Smith Donald B and Smith Deborah W
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
Wilbur John Gustave $1,350,000 Superior Closing Services
Smith Donald B $8,000 None Available
Smith Donald B -- None Available
Smith Donald B $24,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilbur John Gustave $750,000
Previous Owner Smith Donald B $1,000,000
Previous Owner Smith Donald B $1,194,800
Previous Owner Smith Donald B $235,000
Previous Owner Smith Donald B $960,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $1,350,000 0.0% $123 / Sq Ft
06/11/2023 06/11/23 Price Changed $1,350,000 -6.9% $123 / Sq Ft
11/22/2022 11/22/22 For Sale $1,450,000 -- $132 / Sq Ft
Source: West Penn Multi-List

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 $12,106 $325,000 $12,000 $313,000
2024 $11,222 $325,000 $12,000 $313,000
2023 $11,222 $325,000 $12,000 $313,000
2022 $11,222 $325,000 $12,000 $313,000
2021 $11,222 $325,000 $12,000 $313,000
2020 $11,222 $325,000 $12,000 $313,000
2019 $11,222 $325,000 $12,000 $313,000
2018 $11,222 $325,000 $12,000 $313,000
2017 -- $325,000 $12,000 $313,000
2016 $11,222 $325,000 $12,000 $313,000
2015 -- $325,000 $12,000 $313,000
2014 -- $325,000 $12,000 $313,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1584982

West Penn Multi-List

APN: 16-010-065-000