For sale

Price cut: $1K (7/23)

$149,000

318 W 5th St, Oil City, PA 16301

4beds

1,944sqft

$1,027/mo

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Residential

Built in 1895

5,227 Square Feet Lot

$141,100 Zestimate^®

$77/sqft

$-- HOA

What's special

Spacious home

Welcome to 318 W 5th St! This spacious home offers 4 generously sized bedrooms and 2 full baths, providing plenty of room for comfortable living. The lower level features a living room and den, offering flexible space for entertaining, a home office, or recreation area. Numerous updates have already been completed, including a new roof in 2023, new boiler, and tankless hot water heater for added efficiency and peace of mind. Conveniently located and affordably priced, this property is a fantastic opportunity!!

70 days

233

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Hot Water

Cooling

Has cooling: Yes

Appliances

Included: Dishwasher, Microwave, Range, Refrigerator
Laundry: W/D Hook Up

Features

Basement: Full

Interior area

Total structure area: 1,944
Total interior livable area: 1,944 sqft

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Property

Parking

Total spaces: 1
Parking features: 1 Car
Garage spaces: 1

Features

Levels: Multi/Split
Stories: 2

Lot

Size: 5,227 Square Feet
Dimensions: 50x103

Details

Parcel number: 16022029000
Zoning: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential

Materials

Masonite
Roof: Composition

Condition

Year built: 1895

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: $77/sqft
Tax assessed value: $50,600
Annual tax amount: $1,860
Date on market: 5/17/2026

Estimated market value

$141,100

$134,000 - $148,000

$1,452/mo

Price history

Date	Event	Price
7/23/2026	Price change	$149,000-0.7%$77/sqft
Source: Allegheny Valley BOR #163861 Report a problem
5/17/2026	Listed for sale	$150,000$77/sqft
Source: Allegheny Valley BOR #163861 Report a problem
11/6/2023	Listing removed	--
Source: Allegheny Valley BOR #157857 Report a problem
6/11/2023	Price change	$150,000-6.3%$77/sqft
Source: Allegheny Valley BOR #157857 Report a problem
5/19/2023	Listed for sale	$160,000+185.7%$82/sqft
Source: Allegheny Valley BOR #157857 Report a problem
10/6/2009	Sold	$56,000+1.8%$29/sqft
Source: Public Record Report a problem
9/1/2006	Sold	$55,000$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,885 +4.4%	$50,600
2024	$1,805 +3.3%	$50,600
2023	$1,747	$50,600
2022	$1,747	$50,600
2021	$1,747	$50,600
2020	$1,747	$50,600
2018	$1,747	$50,600
2017	--	$50,600
2016	--	$50,600
2015	--	$50,600
2014	--	$50,600
2013	--	$50,600
2012	--	$50,600
2011	--	$50,600
2010	--	$50,600
2009	--	$50,600
2008	--	$50,600
2007	--	$50,600
2006	--	$50,600
2005	--	$50,600
2004	--	$50,600 +20.7%
2003	--	$41,910
2002	--	$41,910
2000	--	$41,910

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 16301

Getting around

35 / 100

Car-Dependent

23 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

NA
Smedley Street School
Grades: K-1Distance: 0.2 mi
6/10
Oil City Area Middle School
Grades: 5-8Distance: 1.8 mi
3/10
Oil City Senior High School
Grades: 9-12Distance: 1.7 mi

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.