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309 West 1st Street

309 West 1st Street, Oil City, PA 16301
Property in Oil City
Sold May 12, 2022
$190,000
$190,000 by Mortgage Research Center Llc
Mortgage Due Jun 01, 2052
Sold Apr 07, 2021
$175,000
$150,000 by Navy Fcu
Mortgage Due May 01, 2036
309 West 1st Street has been categorized by the local assessors in Oil City, PA as a residential type of property. The building on the property was first built in 1881 and is 143 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 309 West 1st Street has 2,956 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,510 ft and across the front of the lot is 740 ft. The area measurement of the land has been determined as 11,761 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a steam heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in May 3, 2022 for $190,000. That's $64.28 per sqft. Prior to that sales transaction, the property was also sold in Apr 5, 2021 for $175,000. 309 West 1st Street was last assessed in 2023. The total value of the property was assessed at $115,480. Specifically, the land the property is located on was valued at $12,000. While improvements on the property were assessed at a total of $103,480. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,988. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1881
  • Effective Year Built: 1974
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,956
  • Building Area: 2,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Steam
  • Heated Square Feet: 2,956
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLIAM REED PLAN OF LOTS
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SIENNICK JON R
  • Current Owner 2: HARDER-SIENNICK ELOMAR L
  • Previous Owner : JEFFREY HAUN
  • Owner Before Previous Owner: CHRISTY RONALEE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oil City Area School District
  • School Tax School District: OIL CITY AREA
  • Census Tract: 200900

Geography

  • Assessors Map Reference: MAP 16008127
  • District: 16
  • Parcel: 16,008.-127..-000
  • Municipality: OIL CITY
  • Latitude: 41.4273
  • Longitude: -79.7162

    Address

  • Full Address: 309 W 1st St
  • Address - House Number: 309
  • Street Direction: W
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: PA
  • City Name: Oil City
  • Carrier Code: C011
  • 4-Digit Zip Code: 2817
  • Zip Code: 16301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,988

    Appraisal Valuation

  • Standard Deviation: 0.2278
  • Valuation Date: May 31, 2023
  • Confidence Score: 68
  • Final Value: 177,996
  • High Value: 218,555
  • Low Value: 137,437

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Loan Amount: $190,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $115,480
  • Market Land Value: $12,000
  • Market Improvement Value: $103,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,480
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $103,480

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Transaction ID: 11887819453
  • Current Sale Price: $190,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2161
  • Previous Sale Recording Date: Apr 07, 2021
  • Previous Sale Contract Date: Apr 05, 2021
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: May 12, 2022
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Apr 07, 2021
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2036

About Oil City



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Frequently Asked Questions

What neighborhood is 309 West 1st Street located in?
The 309 West 1st Street is a located in the neighborhood of Oil City in Oil City, Oil City.
What is the average sales price for listings in 309 West 1st Street?
The average sales price for units in 309 West 1st Street is $0 currently.

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