This is a full purchase price auction. High bidder wins this house outright.
Bidding opens at $1.
This auction is for a 2 Bedroom, 1 1/2 Bath single family home located at 19 West 4th Street, Oil City, Venango County, PA 16301. This home is being liquidated to the highest bidder and is a two-level home, located on a quiet street and located directly north of Exit 53 of Interstate 80, making it convenient for a New York, New Jersey or Philadelphia owner as well as points West. This home has a full basement, living room, dining room and full kitchen along with (2) two bedrooms and (1 1/2) one and one-half baths.
Rentals in Oil City range from $550 to $700 per month. Ten years at $625 per month will accumulate $75,000 in rent revenues!
Title will be delivered to the winning bidder free and clear of any and all liens, mortgages, back taxes and encumbrances of any kind via a Warranty Deed!!
Here is an actual view of the exterior of the home.
Here is another actual view of the side of the home and enclosed front porch.
A view of the living room as you enter the house.
Here is an actual view of the upstairs hallway leading to the bedrooms in the house.
A view of the kitchen on the main level.
Here is an actual view of one of the bedroom upstairs.
A view of the stairwell leading upstairs; appears very solid.
Here is a view of more of the living area on the main level.
Lot Size: 30 X 142, or 4,260 Square Feet
Parcel #: 16,020.-094..-000
Legal Description of Property: 19 West 4th Street, Oil City, Venango County, PA 16301.
Property Taxes: Approximately $431.41 per year; Property taxes are current and no back taxes are owed on this property.
County Recording Fee and Additional Fees: Venango County charges the following to transfer and record the deed:
$54.50 recording fee and 2% Transfer Tax. Please note these fees are in addition to the winning bid amount. Monies will be paid to the county when deed is recorded for you. The Seller will pay all costs related to deed preparation and shipping.
Major credit cards accepted through Pay Pal or USA Bank Cashier’s Checks in USD (the two preferred ways) within 4 days of the close of the auction. Personal Checks in USD are accepted but the recording of the deed is a slower process. Please conduct all due diligence and ask all questions prior to bidding. All maps, copy of the deed that we have sent to the county for recording and information that we have will be mailed to the same name and physical address the winning bidder provides. Please note that this property is being sold in an "as-is" condition. The information set forth herein related to potential resale prices, renovation costs, assessment info, annual taxes and property condition is based upon our own assessment of information gathered from various sources. Please conduct all due diligence and ask all questions prior to placing a bid. Any individual, corporation, or entity of any kind that bids on this property, or makes an offer on this property outside of Bid 4 Assets, hereby acknowledges and must agree to this disclosure. Please email all questions as they arise & winning bid information at the auction conclusion. Winning bidder: Please send instructions on whose names will appear on deed, along with address and telephone number. This information should be emailed immediately along with how payment will be made (Pay Pal, Cashier’s Check, Personal/Business Check, Wire Transfer or Money Order). Please note that payment is due within 4 business days of the close of auction. All sales are final.