1197 Bankson Road

Sold 8/29/25
Sold 8/29/25
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Sold
Last Sold Price
$525,000
3 beds2,488 sqft
1197 Bankson Rd, Oil City, PA 16301
Single FamilyProperty Type
8 acresLot Size
1998Year Built
$211/sq ftPrice per sq ft
10 carsParking Spaces

Description

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...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.
  • Listed by: • 1ST RATE REALTY LLC
Listing closed: 08/29/2025 12:00 AM • Source: WPMLS, MLS#: 1678264

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Recent comparable sales

Median sold price

$226,701

Avg days on market

167

Sale-to-list ratio

85.4%

Oil City, PA

9 comparable properties found

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10 Scottdale Lane, Oil City, PA 16301

a view of a house with a swimming pool
1/13
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Sold 09/15/25

3
Bedrooms
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Bathrooms
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Acres

420 Old Rouseville Road, Oil City, PA 16301

a front view of a house with a yard and garage
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4

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Sold 05/22/26

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1322 Grandview Road, Oil City, PA 16301

a front view of house with yard and green space
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20 Scotts Lane, Oil City, PA 16301

a front view of a house with a yard
1/32
6

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Sold 04/15/26

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1796 Highway 8, Oil City, PA 16301

a view of a lake with a deck
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Sold 08/18/26

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10220 Thornapple Road, Oil City, LA 71061

a front view of house with yard and green space
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1269 Grandview Road, Oil City, PA 16301

$232,000 | 5 Starlight Drive, Oil City, PA 16301
1/27
9

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Sold 09/25/26

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Sold By 1ST RATE REALTY LLC

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Property Information for 1197 Bankson Road

Property Details
  • Taxes: $6,572 / year
  • MLS Type: Residential / Residence/Single Family
  • County: Venango County
  • Parking Spaces: 10
  • Style: Ranch or 1 Level
  • Cooling: Central
  • Pool: No
Building Information
  • Year Built: 1998
  • Lot Size: 8.00 AC / 348,480 SF
Summary
Location and General Information
  • City Name: Oil City
  • Postal Code: 16301
  • County Or Parish: Clarion/Venango
  • County M 360: Clarion/Venango
  • State Or Province: Pennsylvania
  • Directions: From VCCH follow Rt 8 North to Oil City. Follow the bypass to Rouseville. Turn right on Rt 227. At the 2nd Bankson Rd turn left. At the T, turn left and go across the bridge. First drive on right.
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 07,005.-007B.-000
  • Taxes: $6,572
School Information
  • School District: Oil City
Property
Lot Information
  • Acres: 8.0
  • Lot Size: 8+- Acres
  • Acres Source: Seller
  • Sq Ft Total: 2488.0
  • Type of Property: Residence/Single Family
  • Area: Cornplanter Twp
  • Construction: Stone, Vinyl
Property and Assessments
  • Assessment Value: $250,750
  • New Construction Type: Existing
  • Year Built Numeric: 1998
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 50
Utilities
  • Sewage: Septic Tank
  • Water: Spring
Interior and Exterior Features
Exterior Features
  • Roof: Slate
Interior Features
  • Room Count: 8
  • Baths Full: 2
  • Baths Half: 1
  • Baths Total: 2.1
  • Fireplaces: 1
  • Inclusions: Auto Door on Garage, Central Vacuum, Dishwasher, Disposal, Gas Stove, Jet Spray Tub, Kitchen Island, Microwave Oven, Multi-Pane Windows, Refrigerator, Screens, Trash Compactor, Wall to Wall Carpet, Washer/Dryer, Window Treatments
  • Floors: Hard Wood, Wall to Wall
  • Basement: Yes
  • Insulation: Yes
  • Heating Type: Propane
  • Heating: Forced Air
  • Room Type: Living Room
  • Room and Features: Living Room-Main, Dining Room-Main, Kitchen-Main, Entry-Main, Primary Bedroom-Main, 2nd Bedroom-Main, Additional Room-Main, Laundry Room-Main
  • Room List: Living Room, Dining Room, Kitchen, Entry, Primary Bedroom, 2nd Bedroom, Additional Room, Laundry Room
Room Information
Room 1
  • Room Level 1: Main
  • Room Size 1: 20x16
  • Room Type 1: Living Room
Room 2
  • Room Level 2: Main
  • Room Size 2: 14x13
  • Room Type 2: Dining Room
Room 3
  • Room Level 3: Main
  • Room Size 3: 21x13
  • Room Type 3: Kitchen
Room 4
  • Room Level 4: Main
  • Room Size 4: 11x8
  • Room Type 4: Entry
Room 5
  • Room Level 5: Main
  • Room Size 5: 18x15
  • Room Type 5: Primary Bedroom
Room 6
  • Room Level 6: Main
  • Room Size 6: 15x13
  • Room Type 6: 2nd Bedroom
Room 7
  • Room Level 7: Main
  • Room Size 7: 20x13
  • Room Type 7: Additional Room
Room 8
  • Room Level 8: Main
  • Room Size 8: 10x8
  • Room Type 8: Laundry Room
Rental
Rental Information
  • Tenant Occupied: No

Property History for 1197 Bankson Road

DateEvent & SourcePriceAppreciation
Aug 29, 2025

Sold

WPMLS #1678264

$525,000—
Aug 29, 2025

Sold

Allegheny Valley Board of REALTORS #159290

$525,000—
Aug 25, 2025

Sold (Public Record)

Public Record #1911373439

$525,000—
DateEvent & SourcePrice
08/29/2025

Sold

WPMLS #1678264

$525,000
08/29/2025

Sold

Allegheny Valley Board of REALTORS #159290

$525,000
08/25/2025

Sold (Public Record)

Public Record #1911373439

$525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1197 Bankson Road

Taxable ValueLand$47,170Additions$203,580Total$250,750
Tax Record2026$6,863 ($572 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt3,132 SqFtAbove Grade Finished SqFt3,132 SqFtStories1Lot Size439,956 SqFtStyleMiscellaneous ResidentialYear Built1998CountyVENANGOAPN07,005.-007B.-000Fireplace TypeHas Fireplace

Schools near 1197 Bankson Road

This home is within Oil City Area School District.
Rating
School
Type
Grades
Distance
Hasson Heights School
Public - K to 4
Oil City Area Middle School
Public - 5 to 8
Oil City Senior High School
Public - 9 to 12
Seventh Street School
Public - 2 to 4
Rating
School
Distance
Hasson Heights School
PublicK to 4

Oil City Area Middle School
Public5 to 8

Oil City Senior High School
Public9 to 12

Seventh Street School
Public2 to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1197 Bankson Road, Oil City, PA 16301
$525,000
3
2,488
348,480
1163 Bankson Road, Oil City, PA 16301
–
–
–
744
–
327 Old Rouseville Road, Oil City, PA 16301
–
–
2
1,624
200,376
1290 Bankson Road, Oil City, PA 16301
–
2
1
1,752
190,357
1086 Highway 227, Oil City, PA 16301
–
2
1
1,118
133,729
1116 Highway 227, Oil City, PA 16301
–
3
2
1,702
100,188

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 1ST RATE REALTY LLC

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 09/03/2025 07:53 AM