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4 West 3rd Street

4 West 3rd Street, Oil City, PA 16301
Property in Oil City
Sold Dec 13, 2016
$125,000
$100,000 by First United National Bank
Mortgage Due Dec 13, 2046
4 West 3rd Street in Oil City, PA was first built in 1949 and is 75 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 4 West 3rd Street has 1,670 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,296 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,400 ft and the linear feet between the front and back of the lot is 700. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 728 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The exterior walls of the home are made of rock and stone. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 6, 2016 for $125,000. That's $74.85 per sqft. 4 West 3rd Street was last assessed in 2023. The total value of the property was assessed at $105,520. Specifically, the land the property is located on was valued at $7,200. While improvements on the property were assessed at a total of $98,320. 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 $3,644. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1949
  • Effective Year Built: 1949
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B+
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,296
  • Garage Type: Garage
  • Garage Square Area: 728
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 1,670
  • Building Area: 1,670
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,670
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHOEPPNER REGIS D
  • Current Owner 2: SCHOEPPNER BONNIE L
  • Previous Owner : PEDERSEN JEFFREY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 16008001
  • District: 16
  • Parcel: 16,008.-001..-000
  • Municipality: OIL CITY
  • Latitude: 41.4265
  • Longitude: -79.711

    Address

  • Full Address: 4 W 3rd St
  • Address - House Number: 4
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: PA
  • City Name: Oil City
  • Carrier Code: C011
  • 4-Digit Zip Code: 2728
  • Zip Code: 16301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,644

    Appraisal Valuation

  • Standard Deviation: 0.2732
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 60
  • Final Value: 189,964
  • High Value: 241,868
  • Low Value: 138,060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: FIRST UNITED NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 13, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 13, 2046

    Market Valuation

  • Market Total Value: $105,520
  • Market Land Value: $7,200
  • Market Improvement Value: $98,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,520
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $98,320

    Sales

  • Current Sale Contract Date: Dec 06, 2016
  • Current Sale Recording Date: Dec 13, 2016
  • Current Sale Transaction ID: 1898009460
  • Current Sale Price: $125,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016-005638

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED NATIONAL BANK
  • First Mortgage Transaction Date: Dec 13, 2016
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 13, 2046

    Financing

  • First Mortgage Financing Type: Variable

About Oil City



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Frequently Asked Questions

What neighborhood is 4 West 3rd Street located in?
The 4 West 3rd Street is a located in the neighborhood of Oil City in Oil City, Oil City.
What is the average sales price for listings in 4 West 3rd Street?
The average sales price for units in 4 West 3rd Street is $0 currently.

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