Welcome to 516 W 3rd St in the heart of Oil City, where timeless character and exceptional space come together in one of northwestern Pennsylvania's most scenic river communities. Built in 1895, this impressive 2.5-story home offers 3,294 square feet, six bedrooms, and 3.5 bathrooms - an ideal layout for a large household, frequent guests, multigenerational living, or simply the extra room you've been looking for for a home office or creative space.
Inside, you'll find the craftsmanship and architectural detail that give historic homes their lasting appeal. Each room has its own personality, offering the perfect opportunity to blend classic charm with your personal style. If you've been searching for a property that stands apart from today's cookie-cutter construction, this is a home worth experiencing in person.
Set on a 0.16-acre lot, the property also includes a large garage and a full basement ready to serve a variety of needs, whether you envision a workshop, recreation area, fitness space, or additional storage. With its generous square footage and flexible layout, this home offers the kind of versatility that's hard to find.
The location is just as compelling. Oil City is known for its rich history, striking Victorian architecture, and welcoming small-town atmosphere, all set along the Allegheny River and Oil Creek. Downtown is just minutes away, with locally owned restaurants, coffee shops, boutiques, art galleries, and community events that give the area its distinctive character.
Outdoor enthusiasts will love the proximity to Oil Creek State Park, the Oil Creek Rail Trail, river recreation, and nearby Franklin's added dining, shopping, markets, concerts, and seasonal festivals. With convenient access to Routes 8 and 62, commuting to Franklin, Titusville, Seneca, Cranberry, and Meadville is simple, making 516 W 3rd St a rare opportunity to enjoy space, history, and lifestyle in one special property.
Under contract
$199,990
516 W 3rd St, Oil City, PA 16301
6beds
3,294sqft
Single Family Residence
Built in 1895
6,969 Square Feet Lot
$195,300 Zestimate®
$61/sqft
$-- HOA
What's special
Timeless characterSix bedroomsFull basementLarge garageStriking victorian architectureCraftsmanship and architectural detailExceptional space
- 59 days
- 81
- 2
Zillow last checked:
Listing updated:
Listed by:
Nathaniel Barshinger 888-397-7352,
EXP REALTY LLC 888-397-7352
Source: WPMLS,MLS#: 1763233
Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Gas
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Has basement: Yes
Interior area
- Total structure area: 3,294
- Total interior livable area: 3,294 sqft
Property
Parking
- Parking features: Detached, Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 6,970
Details
- Parcel number: 16012012000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- Resale
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Oil City
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $116,400
- Annual tax amount: $4,280
- Date on market: 7/6/2026
Estimated market value
$195,300
$186,000 - $205,000
$2,256/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Pending sale | $199,990$61/sqft |
Source: | ||
| 7/6/2026 | Listed for sale | $199,9900%$61/sqft |
Source: | ||
| 7/1/2026 | Listing removed | $199,999$61/sqft |
Source: | ||
| 6/13/2026 | Pending sale | $199,999$61/sqft |
Source: | ||
| 6/10/2026 | Price change | $199,999-2.9%$61/sqft |
Source: | ||
| 6/5/2026 | Price change | $206,000-1.9%$63/sqft |
Source: | ||
| 5/27/2026 | Listed for sale | $209,990-8.3%$64/sqft |
Source: | ||
| 5/13/2026 | Listing removed | $229,000$70/sqft |
Source: | ||
| 3/23/2026 | Listed for sale | $229,000$70/sqft |
Source: | ||
| 2/13/2026 | Pending sale | $229,000$70/sqft |
Source: | ||
| 2/9/2026 | Price change | $229,000-4.5%$70/sqft |
Source: | ||
| 1/22/2026 | Listed for sale | $239,900+49.2%$73/sqft |
Source: | ||
| 5/24/2018 | Sold | $160,800+1.1%$49/sqft |
Source: Public Record Report a problem | ||
| 11/1/2017 | Listed for sale | $159,000$48/sqft |
Source: Daugherty Bros R.E. FR #150467 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,336 +4.4% | $116,400 |
| 2024 | $4,152 +3.3% | $116,400 |
| 2023 | $4,019 | $116,400 |
| 2022 | $4,019 | $116,400 |
| 2021 | $4,019 | $116,400 |
| 2020 | $4,019 | $116,400 |
| 2018 | $4,019 | $116,400 |
| 2017 | -- | $116,400 |
| 2016 | -- | $116,400 |
| 2015 | -- | $116,400 |
| 2014 | -- | $116,400 |
| 2013 | -- | $116,400 |
| 2012 | -- | $116,400 |
| 2011 | -- | $116,400 |
| 2010 | -- | $116,400 |
| 2009 | -- | $116,400 |
| 2008 | -- | $116,400 |
| 2007 | -- | $116,400 |
| 2006 | -- | $116,400 |
| 2005 | -- | $116,400 |
| 2004 | -- | $116,400 +10.9% |
| 2003 | -- | $104,960 |
| 2002 | -- | $104,960 -13.7% |
| 2000 | -- | $121,660 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 16301
Nearby schools
Schools provided by the listing agent
- District: Oil City
Source: WPMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





