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.
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
- 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
| Date | Event | Price |
|---|---|---|
| 10/21/2026 | Contingent | $39,000$25/sqft |
Source: Allegheny Valley BOR #164471 Report a problem | ||
| 10/5/2026 | Listed for sale | $39,000+95%$25/sqft |
Source: Allegheny Valley BOR #164471 Report a problem | ||
| 7/25/1997 | Sold | $20,000$13/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 16301
Nearby schools
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.



