701 Olean Rd, Derrick City, PA 16727 Property Records

McKean County property record for 701 Olean Rd, Derrick City, PA 16727

Property Summary

Property Type	Single Family Home
Details	2,072 sqft · built 1940
Lot Size	1.31 acres (57,064 sqft)
Owner	2 Individual Names on Record
Last Sale	$195,000 (Sep 2026)
Tax Bill	$1,871 (2026)
Deeds & Mortgages	Sep 2026 Sale & Mortgage May 2026 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`28-001.-217.00`

Property Details

APN / Parcel Number

Primary APN	`28-001.-217.00`
Alternative APN	`028931`

Interior

Building Area	2,072 sqft Total Area

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Lot Area	57,064 sqft (1.31 acres)

Location & Zoning

Street Address	701 OLEAN RD
City	DERRICK CITY
State	PA
Zip	16727-1205
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	OLD CONTROL:1038-0735
Jurisdiction	MCKEAN PA
Township / Civil Division	OTTO
Census Block Group	1
Census Block	1005
Census Tract	420600

Owner

Source: McKean County records, as of September 17, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	701 OLEAN RD, DERRICK CITY, PA 16727-1205
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 8, 2026	Deed, Transfer · Conventional Mortgage UNION FEDERAL CREDIT UNION
May 20, 2026	Deed, Transfer NONE LISTED ON DOCUMENT
Jul 10, 2023	Deed, Transfer

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 8, 2026 · Amount on Record
Deed Sale	Sep 8, 2026 · Amount on Record
Prior Sale	Jul 10, 2023 · Amount on Record
Deed Document Number	20262932
Deed Book / Page	1118 / 933
Record Updated	Oct 29, 2026

September 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	MCKEAN PA
Recording Date	Sep 8, 2026
Property Address	701 OLEAN RD, DERRICK CITY, PA 16727-1205
Document Number	0000002932
Book / Page	1118 / 933
Instrument Date	Aug 26, 2026
Instrument	20262932
Transaction Type	Transfer
Record Updated	Sep 17, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$196,950.00
Amount Accuracy	Calculated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	701 OLEAN RD, DERRICK CITY, PA 16727-1205

Mortgage

Document Number	0000002933,
Date	Sep 8, 2026
Instrument	20262933

Lender

Name	UNION FEDERAL CREDIT UNION

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Sep 1, 2041

Interest

Rate Type	Fixed Rate
Initial Type	Fixed Rate
Max Rate	-1%

May 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	MCKEAN PA
Recording Date	May 20, 2026
Property Address	701 OLEAN RD, DERRICK CITY, PA 16727-1205
Document Number	0000001548
Book / Page	1110 / 185
Instrument Date	May 20, 2026
Instrument	20261548
Transaction Type	Transfer
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	512 E VALLEY RD, SMETHPORT, PA 16749-5142

July 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	MCKEAN PA
Recording Date	Jul 10, 2023
Property Address	701 OLEAN RD, DERRICK CITY, PA 16727-1205
Document Number	001038/735
Book / Page	1038 / 735
Instrument Date	Jun 29, 2023
Instrument	202302243
Transaction Type	Transfer
Record Updated	Jul 31, 2023

Transaction

Amount	Amount Recorded
Tax	$2,500.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	701 CLEAN ROAD, DERRICK CITY, PA 16727

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7450 46, SMETHPORT, PA 16749

Tax Assessment & Valuation

Source: McKean County assessment roll, as of April 28, 2026

Property Jurisdictions

Type	Name
State	Pennsylvania
County	McKean County
County Subdivision	Otto Township
Unified School District	Otto-Eldred School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,871.00 (+8.34%)	$47,890 (-) Land $11,600 Building $36,290
2024	$1,727.00	$47,890 Land $11,600 Building $36,290
1998			$47,890 Land $11,600 Building $36,290

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 22, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	1 (1996)
Most Recent Claim	Jan 1996 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 43% of Pennsylvania
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 16 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20
SkyPacket Fixed Wireless	100 / 20

May also be available: Armstrong.

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