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Under contract
  • $39,000

    501 Central Ave, Oil City, PA 16301

    4beds
    2baths
    1,542sqft
    Residential
    Built in 1909
    4,791 Square Feet Lot
    $-- Zestimate®
    $25/sqft
    $-- HOA

    What's special

    Full basementWelcoming foyerLarge front porchFormal dining room
    Step inside this spacious two story Victorian style home offering 4 bedrooms and 1.75 baths. The first floor features a welcoming foyer, kitchen, formal dining room, and comfortable living room. Laundry hookups are conveniently located in the kitchen, and a three quarter bath is located just off the kitchen. The second floor includes four bedrooms and a full bath that is currently being updated with new tile. A walk up attic provides plenty of additional storage space. The full basement houses a forced air gas furnace, gas hot water tank, and 100 amp electrical service with a circuit breaker panel. With a little interior cleaning, this home would be ready for its next owner. Most of the remaining work is needed on the exterior, providing an opportunity to make improvements over time. The large front porch offers the perfect place for a porch swing and a relaxing spot to enjoy the warmer weather.
    18 days
    788
    74

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobbi Lazar 814-758-6576,

    1st Rate Realty, LLC 814-432-2900

    Source: Allegheny Valley BOR,MLS#: 164471

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Microwave, Range
      • Laundry: W/D Hook Up
      Features
      • Basement: Full
      Interior area
      • Total structure area: 1,542
      • Total interior livable area: 1,542 sqft
      Video & virtual tour

      Property

      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 70 x 70
      Details
      • Parcel number: 16017121000
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Residential
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • Year built: 1909

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Location
      • Region: Oil City

      Financial & listing details

      • Price per square foot: $25/sqft
      • Tax assessed value: $33,720
      • Annual tax amount: $1,240
      • Date on market: 10/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,420/mo

        Price history

        DateEventPrice
        10/21/2026Contingent$39,000$25/sqft
        Source: Allegheny Valley BOR #164471 Report a problem
        10/5/2026Listed for sale$39,000+95%$25/sqft
        Source: Allegheny Valley BOR #164471 Report a problem
        7/25/1997Sold$20,000$13/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,256 +4.4%$33,720
        2024$1,203 +3.3%$33,720
        2023$1,164 $33,720
        2022$1,164 $33,720
        2021$1,164 $33,720
        2020$1,164 $33,720
        2018$1,164 $33,720
        2017-- $33,720
        2016-- $33,720
        2015-- $33,720
        2014-- $33,720
        2013-- $33,720
        2012-- $33,720
        2011-- $33,720
        2010-- $33,720
        2009-- $33,720
        2008-- $33,720
        2007-- $33,720
        2006-- $33,720
        2005-- $33,720
        2004-- $33,720 +36.6%
        2003-- $24,690
        2002-- $24,690 +20.7%
        2000-- $20,450
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 16301

        Getting around

        65 / 100
        Somewhat Walkable
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Oil City

        Source: Allegheny Valley BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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