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Sold for $525,000
  • $525,000

    1197 Bankson Rd, Oil City, PA 16301

    3beds
    2,488sqft
    Single Family Residence
    Built in 1998
    8 Acres Lot
    $533,400 Zestimate®
    $211/sqft
    $1,781 Estimated rent

    Home value

    $533,400

    Estimated sales range

    Not available

    $1,781/mo

    Zestimate® history
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    What's special

    Looking for a secluded architecturally designed custom built home with the best quality materials money can buy? You found it! This home was built in 1998. It is a 2-3 beds,2.5 bath home offering a large eat in kitchen with incredible custom cabinetry including a wood buring fireplace. A perfect sized formal dining room. The beautiful living room has cathedral wood ceilings, 2 curly cherry wood columns, a beautiful wood burning fireplace and a full wall of french doors revealing wooded views of the back property. Custom made hardwood floors not seen anywhere else. Each bedroom has an on suite full or 3/4bath. The master bath boasts large jacuzzi tub, shower and a warming drawer for towels. Professionally decorated! 1st floor laundry, the office is an optional 3rd bedroom. Full DRY basement. Exterior features cedar shake wood siding, slate roof, and 2 unique chimneys . Shared driveway to allow current seller access to adjoing property.

    Zillow last checked: 7 hours ago

    Listing updated: September 03, 2025 at 04:53am

    Listed by:

    Bobbi Lazar 814-432-2900,

    1ST RATE REALTY LLC

    Bought with:

    Bobbi Lazar, RS299455

    1ST RATE REALTY LLC

    Source: WPMLS,MLS#: 1678264MLS LogoOriginating MLS: West Penn Multi-List

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Main
    • Dimensions: 18x15
    Bedroom 2
    • Level: Main
    • Dimensions: 15x13
    Bonus room
    • Level: Main
    • Dimensions: 20x13
    Dining room
    • Level: Main
    • Dimensions: 14x13
    Entry foyer
    • Level: Main
    • Dimensions: 11x8
    Kitchen
    • Level: Main
    • Dimensions: 21x13
    Laundry
    • Level: Main
    • Dimensions: 10x8
    Living room
    • Level: Main
    • Dimensions: 20x16
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Some Gas Appliances, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Trash Compactor, Washer
    Features
    • Central Vacuum, Jetted Tub, Kitchen Island, Window Treatments
    • Flooring: Hardwood, Carpet
    • Windows: Multi Pane, Screens, Window Treatments
    • Has basement: Yes
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,488
    • Total interior livable area: 2,488 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage Door Opener
    • Has garage: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Has spa: Yes
    Lot
    • Size: 8 Acres
    • Dimensions: 8+- Acres
    Details
    • Parcel number: 07005007B000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stone, Vinyl Siding
    • Roof: Slate
    Condition
    • Resale
    • Year built: 1998

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Spring

    Community & neighborhood

    Location
    • Region: Oil City

    Price history

    DateEventPrice
    8/29/2025Sold$525,000-4.5%$211/sqft
    Source: WPMLS #1678264 Report a problem
    8/13/2025Pending sale$550,000+0.2%$221/sqft
    Source: WPMLS #1678264 Report a problem
    7/30/2025Contingent$549,000$221/sqft
    Source: Allegheny Valley BOR #159290 Report a problem
    7/18/2025Price change$549,000-4.5%$221/sqft
    Source: Allegheny Valley BOR #159290 Report a problem
    6/13/2025Price change$575,000+4.5%$231/sqft
    Source: Allegheny Valley BOR #159290 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,983 +1.8%$250,750
    2024$6,858 +4.3%$250,750
    2023$6,572 +61.7%$250,750

    Find assessor info on the county website

    Neighborhood: 16301

    Nearby schools

    GreatSchools rating
    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.

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