Date
Details
Price
Change
Source
10/05/2026
Listed
$39,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$39,000 Just Listed
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1/27
Property Description
Step inside this spacious two story Victorian style home offering 4 bedrooms and 1.75 baths. The first floor features a welcoming foyer, kitchen, formal dining room, and comfortable living room. Laundry hookups are conveniently located in the kitchen, and a three quarter bath is located just off the kitchen. The second floor includes four bedrooms and a full bath that is currently being updated with new tile. A walk up attic provides plenty of additional storage space. The full basement houses a forced air gas furnace, gas hot water tank, and 100 amp electrical service with a circuit breaker panel. With a little interior cleaning, this home would be ready for its next owner. Most of the remaining work is needed on the exterior, providing an opportunity to make improvements over time. The large front porch offers the perfect place for a porch swing and a relaxing spot to enjoy the warmer weather.
Full Property Details
Full Property Details for 501 Central Ave
General
- Price: $39,000
- Taxes: $1,240
- Status: Active
- Type: Single Family
- Source: 702
- MLS ID: 164471
- Updated: 10/5/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Microwave, Range, W/D Hook Up
Rooms
Bathrooms
- Total Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Cable TV Available, High Speed Internet
Parking
- Garage Description: None
Location
- County: Venango
School Information
- School District: Oil City
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Victorian
- Exterior Const.: Wood Siding
- Basement Desc.: Full
- Roof: Composition
- Square Feet: 1,542
- Year Built: 1909
Lot Features
- Lot Size (Acres): 0.11
- Zoning: Residential
Financial Considerations
- Tax Amount: $1,240
Listed by 1st Rate Realty, LLC
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Listing agent
— 501 Central Ave —
1st Rate Realty, LLC
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Schools
Schools serving 501 Central Ave
School District:Oil City Area School District
| Name | Grades | Distance |
|---|---|---|
Seventh Street School 102 West 7th Street, Oil City, PA 16301 | 2-4 | 0.2 mi |
Smedley Street School 310 Smedley Street, Oil City, PA 16301 | K-1 | 0.6 mi |
Oil City Area Middle School 8 Lynch Boulevard, Oil City, PA 16301 | 5-8 | 1.4 mi |
Oil City Senior High School 10 Lynch Boulevard, Oil City, PA 16301 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Central Ave
Tax History
Tax History for 501 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,240
-1%
$33,720
—
2025
$1,256
8%
$33,720
—
2024
$1,164
—
$33,720
—
2023
$1,164
—
$33,720
—
2022
$1,164
—
$33,720
—
2021
$1,164
—
$33,720
—
2020
$1,164
—
$33,720
—
2019
$1,164
—
$33,720
—
2018
$1,164
—
$33,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Central Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,442Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,590Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 1,600Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 1Total Bath
- 1,672Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,500Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,336Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 3Beds
- 1Total Bath
- 1,335Sq. Ft.
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- Single Family
- Closed
- 3Beds
- 1Total Bath
Listing courtesy of Era Johnson Real Estate Inc.
Sold courtesy of Berkshire Hathaway The Preferred Realty
Sold courtesy of Berkshire Hathaway The Preferred Realty
501 Central Ave, Oil City, PA 16301 (MLS# 164471) is a Single Family property with 4 bedrooms and 0 full bathrooms. 501 Central Ave is currently listed for $39,000 and was received on October 05, 2026. Want to learn more about 501 Central Ave? Do you have questions about finding other Single Family real estate for sale in Oil City? You can browse all Oil City real estate or contact a Coldwell Banker agent to request more information.