NOT LISTED FOR SALE

701 Innis St Oil City, PA 16301

Estimated Value: $76,000 - $110,000

3 Beds
1.5 Baths
1,296 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $60,000 $46 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $589/month

7 Days on Market

Highlights

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

About This Home

As of June 2021

IT'S A MYSTERY? Our mystery home has 3 bedrooms an excellent floor plan, close to 7th Street Elementary on Oil City's South Side. Features include updated furnace & electric service, first floor toilet, natural woodwork, 2 car detached garage, corner lot. Walls have been already touched up & with just a little TLC (mostly interior painting) this will make a great family home or investment property! Call us today our agents are always available!

Last Agent to Sell the Property

Kevin Ochalek

Howard Hanna - Rosewood Real Estate License #RS288264 Listed on: 05/21/2021

Howard Hanna - Rosewood Real Estate

Last Buyer's Agent

Kevin Ochalek

Howard Hanna - Rosewood Real Estate License #RS288264 Listed on: 05/21/2021

Howard Hanna - Rosewood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1917

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

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 16,028.-062..-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,439

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1917
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher
  • Has Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car, Detached, 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: 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: 3484.8
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 125

Tax Info

  • Tax Annual Amount: 1439
  • Tax Map Number: 16,028.-062..-000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 28, 2021
Sold by
Hutchinson Adam J
Bought by
Gayetty Stephen M
Seller's Agent
Kevin Ochalek
Howard Hanna - Rosewood Real Estate
Buyer's Agent
Kevin Ochalek
Howard Hanna - Rosewood Real Estate
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$86,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,370
Avg. Annual Appreciation
10.29%
Original Mortgage
$48,000
Outstanding Balance
$43,647
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$46,970

Purchase Details

Closed on
Sep 13, 2007
Sold by
Wigren William E
Bought by
Hutchinson Adam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,425
Interest Rate
5.95%
Mortgage Type
Assumption
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
Gayetty Stephen M $60,000 None Available
Hutchinson Adam J $41,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gayetty Stephen M $48,000
Previous Owner Hutchinson Adam J $39,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $60,000 0.0% $46 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $60,000 -- $46 / 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 $1,552 $41,660 $3,070 $38,590
2024 $1,439 $41,660 $3,070 $38,590
2023 $1,439 $41,660 $3,070 $38,590
2022 $1,439 $41,660 $3,070 $38,590
2021 $1,439 $41,660 $3,070 $38,590
2020 $1,439 $41,660 $3,070 $38,590
2019 $1,439 $41,660 $3,070 $38,590
2018 $1,439 $41,660 $3,070 $38,590
2017 -- $41,660 $3,070 $38,590
2016 $1,439 $41,660 $3,070 $38,590
2015 -- $41,660 $3,070 $38,590
2014 -- $41,660 $3,070 $38,590
Source: Public Records

Agents Affiliated with this Home

  • Kevin Ochalek

    Seller's Agent in 2021

    Kevin Ochalek

    Howard Hanna - Rosewood Real Estate

    (814) 673-2368

    64 Total Sales

    Kevin Ochalek
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 155178

APN: 16-028-062-000

Pennsylvania Venango County Oil City 16301

701 Innis St, Oil City, PA

This home is located at 701 Innis St, Oil City, PA 16301 since 21 May 2021 and is currently estimated at $86,370, approximately $66 per square foot. This property was built in 1917. 701 Innis 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.

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.

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