NOT LISTED FOR SALE

68 Petroleum Center Rd Oil City, PA 16301

Estimated Value: $70,000 - $92,571

2 Beds
1 Bath
1,184 Sq Ft
$69/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $65,000 $55 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $512/month

48 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • Wood Siding
  • Outdoor Storage

About This Home

As of December 2023

Welcome to this charming old farmhouse nestled on a level lot. This property is located in close proximity to Oil Creek State Park. It has a newer roof and the inside features an open kitchen and lots of charm. This home has an updated first floor bathroom and newer carpet in the living room. Be sure to schedule your showing today!

Last Agent to Sell the Property

Brian Wice

Shawgo Real Estate LLC Brokerage Phone: 8144377653 License #RS356231 Listed on: 10/16/2023

Last Buyer's Agent

Bonnie McClaine

Berkshire Hathaway Home Service License #RS224141L

Berkshire Hathaway Home Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1900

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 75x347

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07,023.-018..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: 75x347
  • Directions: Fromm VCCH, take route 8 N to Rouseville. Left onto 227 to Plumer. Left onto Petroleum Center Road. Property on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1900
  • Attribution Contact: 8144377653
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Storage
  • Other Structures: Storage Shed
  • Patio And Porch Features: Patio
  • Roof: Metal

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: Electric-Fused->100
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 26136
  • Zoning: unknown

Tax Info

  • Tax Annual Amount: 781
  • Tax Map Number: 07,023.-018..-000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 29, 2023
Sold by
Turk Stephen W and Scott Merry Kay
Bought by
Huff Matthew
Seller's Agent
Brian Wice
Shawgo Real Estate LLC
Buyer's Agent
Bonnie McClaine
Berkshire Hathaway Home Service
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Views
94
Current Estimated Value
$81,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,393
Avg. Annual Appreciation
10.05%
Original Mortgage
$63,050
Outstanding Balance
$62,111
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$14,528
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Huff Matthew $65,000 Assured Settlement Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huff Matthew $63,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $65,000 -13.2% $55 / Sq Ft
10/16/2023 10/16/23 For Sale $74,900 -- $63 / 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 $824 $29,600 $7,600 $22,000
2024 $781 $29,790 $7,600 $22,190
2023 $781 $29,790 $7,600 $22,190
2022 $781 $29,790 $7,600 $22,190
2021 $781 $29,790 $7,600 $22,190
2020 $781 $29,790 $7,600 $22,190
2019 $781 $29,790 $7,600 $22,190
2018 $781 $29,790 $7,600 $22,190
2017 -- $29,790 $7,600 $22,190
2016 $781 $29,790 $7,600 $22,190
2015 -- $29,790 $7,600 $22,190
2014 -- $29,790 $7,600 $22,190
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Wice

    Shawgo Real Estate LLC

    (814) 758-1683

    94 Total Sales

    Brian Wice
    Section Image

  • B

    Buyer's Agent in 2023

    Bonnie McClaine

    Berkshire Hathaway Home Service

    (724) 974-9326

    107 Total Sales

    Bonnie McClaine
    Section Image
See All Agents

Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 158504

APN: 07-023-018-000

Pennsylvania Venango County Oil City 16301

68 Petroleum Center Rd, Oil City, PA

This home is located at 68 Petroleum Center Rd, Oil City, PA 16301 since 16 October 2023 and is currently estimated at $81,393, approximately $68 per square foot. This property was built in 1900. 68 Petroleum Center Rd is a home located in Venango County with nearby schools including Oil City Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes