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503 West 1st Street

503 West 1st Street, Oil City, PA 16301
Property in Oil City
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Local assessors in Oil City, PA have categorized 503 West 1st Street as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1960. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 503 West 1st Street has a total of 960 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 960 sqft. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. Lots of wood were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 503 West 1st Street was most recently assessed in 2023. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1960
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C+
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 960
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Standard Land Use Code: Residential (general) (single)

Ownership

  • 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

  • District: 16
  • Parcel: 16,010.-051..-000/02
  • Municipality: OIL CITY
  • Latitude: 41.4266
  • Longitude: -79.7179

    Address

  • Full Address: 503 W 1st St
  • Address - House Number: 503
  • Street Direction: W
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: PA
  • City Name: Oil City
  • Carrier Code: C011
  • 4-Digit Zip Code: 2917
  • Zip Code: 16301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $52,500
  • Market Improvement Value: $52,500

    Assessments Valuation

  • Assessed Year: 2023

About Oil City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 503 West 1st Street located in?
The 503 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 503 West 1st Street?
The average sales price for units in 503 West 1st Street is $0 currently.

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