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10500 Reservoir Road

10500 Reservoir Road, Albion, PA 16401
Commercial in Conneaut
Sold Jul 18, 2017
$480,000
$45,600 by Northwest Bank
Mortgage Due Aug 01, 2047
10500 Reservoir Road has been categorized by the local assessors in Albion, PA as a residential type of property. The building on the property was first built in 1916 and is 108 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 10500 Reservoir Road has 1,488 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 17,498 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 10500 Reservoir Road was last sold in Jul 17, 2017 for $480,000. According to our calculations, that's $322.58 per sqft. Current property owners are expected to pay $1,103 in taxes per year. The property on 10500 Reservoir Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $53,000. To break that down further, the land itself was valued at $19,600. While improvements to the property were assessed at a total of $33,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1916
  • Effective Year Built: 1916
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,498
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,488
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 10500 US ROUTE 6N 125 X 140

Ownership

  • Current Owner : DENHAM JOSHUA A
  • Current Owner 2: DENHAM TRACY J
  • Previous Owner : CROWLEY NORMA JEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Northwestern School District
  • School Tax School District: NW
  • Census Tract: 010104

Geography

  • Assessors Map Reference: MAP 12
  • District: 13
  • Parcel: 13-012-023.1-006.00
  • Municipality: ELK CREEK TOWNSHIP
  • Latitude: 41.8912
  • Longitude: -80.3494

    Address

  • Full Address: 10500 Route 6n
  • Address - House Number: 10500
  • Address - Street Name: Route 6n
  • State: PA
  • City Name: Albion
  • Carrier Code: R002
  • 4-Digit Zip Code: 9464
  • Zip Code: 16401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,103

    Appraisal Valuation

  • Standard Deviation: 0.2534
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 133,870
  • High Value: 167,801
  • Low Value: 99,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,600
  • First Open Lien Mortgage Lender: NORTHWEST BANK
  • First Open Lien Mortgage Recording Date: Jul 18, 2017
  • First Open Lien Mortgage Loan Amount: $45,600
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $53,000
  • Market Land Value: $19,600
  • Market Improvement Value: $33,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $19,600
  • Assessed Improvements Value: $33,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Transaction ID: 1732042139
  • Current Sale Price: $480,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 2017-015190

    Last Sale Mortgage

  • First Mortgage Lender: NORTHWEST BANK
  • First Mortgage Transaction Date: Jul 18, 2017
  • First Mortgage Loan Amount: $45,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

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Nearby Rentals

Unit for rent at

$725 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 10500 Reservoir Road located in?
The 10500 Reservoir Road is a commercial located in the neighborhood of Conneaut in Erie, Albion.
What is the average sales price for listings in 10500 Reservoir Road?
The average sales price for units in 10500 Reservoir Road is $0 currently.

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