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1040 Economy Street Extension

1040 Economy Street Extension, South Heights, PA 15081
Property in South Heights
Sold Nov 26, 2018
$140,000
$134,500 by Citizens Bank Na
Mortgage Due Nov 01, 2051
Sold Jan 31, 2014
Transfer
$139,455 by Jlb Corp
Mortgage Due Feb 01, 2044
1040 Economy Street Extension has been categorized by the local assessors in South Heights, PA as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1040 Economy Street Extension has 1,254 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,227 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of metal. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1040 Economy Street Extension was last sold in Aug 28, 2018 for $140,000. According to our calculations, that's $111.64 per sqft. Current property owners are expected to pay $2,621 in taxes per year. The property on 1040 Economy Street Extension was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,350. To break that down further, the land itself was valued at $1,800. While improvements to the property were assessed at a total of $17,550. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,254
  • Gross Building Area: 1,254
  • Building Area: 1,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MICHAEL BAKER
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT HS SINGLE FAMILY DWELLING DET ADTN ADDED TO (A) WAS 560

Ownership

  • Current Owner : WEICHERT WORKFORCE MOBILITY INC
  • Previous Owner : PANELLA MICHAEL A
  • Previous Owner 2: PANELLA JESSICA C
  • Owner Before Previous Owner: PANELLA MICHAEL A
  • Owner Before Previous Owner 2: PANELLA JESSICA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ambridge Area School District
  • School Tax School District: AMBRIDGE
  • Census Tract: 604800

Geography

  • Account Number: 51-001-0503.000
  • District: 51
  • Parcel: 51-001-0503.000
  • Municipality: SOUTH HEIGHTS BORO
  • Latitude: 40.5731
  • Longitude: -80.2361

    Address

  • Full Address: 1040 Economy Street Ext
  • Address - House Number: 1040
  • Address - Street Name: Economy Street
  • Address - Suffix Type: Ext
  • State: PA
  • City Name: South Heights
  • Carrier Code: R777
  • 4-Digit Zip Code: 1000
  • Zip Code: 15081

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,621
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 152,791
  • High Value: 206,895
  • Low Value: 98,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,500
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $134,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $38,700
  • Market Land Value: $3,600
  • Market Improvement Value: $35,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,350
  • Assessed Land Value: $1,800
  • Assessed Improvements Value: $17,550

    Sales

  • Current Sale Contract Date: Aug 28, 2018
  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Transaction ID: 11536305362
  • Current Sale Price: $140,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 3583262
  • Previous Sale Recording Date: Jan 31, 2014
  • Previous Sale Contract Date: Jan 23, 2014
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: JLB CORP
  • Previous Mortgage Transaction Date: Jan 31, 2014
  • Previous Mortgage Loan Amount: $139,455
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2044

About South Heights



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1040 Economy Street Extension located in?
The 1040 Economy Street Extension is a located in the neighborhood of South Heights in South Heights, South Heights.
What is the average sales price for listings in 1040 Economy Street Extension?
The average sales price for units in 1040 Economy Street Extension is $0 currently.

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