Sold Apr 24, 2020
$160,000
Seller
$128,000
by Hamlin Bank & Trust Company
Mortgage Due Apr 24, 2040
Sold Dec 30, 2019
$45,000
Buyer
Seller
Local assessors in Port Allegany, PA have categorized 1947 2 Mile Road as a residential type of property.
The home was built in 1967 and is 57 years old.
The property's lot size has been calculated to be 40,946 square feet.
If we look only at the heated or air conditioned part of the building, then 1947 2 Mile Road has a total of 1,680 sqft of living area.
Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1947 2 Mile Road sold most recently in Apr 24, 2020 for a total of $160,000. If you work out the math, that's approximately a cost of $95.24 per sqft. Before that, the property was also sold for $45,000 in Dec 30, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,820 in taxes each year. 1947 2 Mile Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,020. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $50,020. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1947 2 Mile Road sold most recently in Apr 24, 2020 for a total of $160,000. If you work out the math, that's approximately a cost of $95.24 per sqft. Before that, the property was also sold for $45,000 in Dec 30, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,820 in taxes each year. 1947 2 Mile Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,020. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $50,020. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
1947 2 Mile Road, Port Allegany, PA 16743
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