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225 Furnace Run Road

225 Furnace Run Road, Freeport, PA 16229
Property in South Buffalo
Sold Oct 20, 2015
$25,400
$2,925,000 by Enterprise Bank
Mortgage
Sold Feb 10, 2001
Transfer
225 Furnace Run Road in Freeport, PA was first built in 1874 and is 150 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 225 Furnace Run Road has 1,819 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,525,426 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of D+. The condition of the building has been evaluated as fair. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 225 Furnace Run Road sold most recently in Oct 14, 2015 for a total of $25,400. If you work out the math, that's approximately a cost of $13.96 per sqft. 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 $86,957 in taxes each year. The initial year of tax delinquency occurred in 2019. 225 Furnace Run Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $948,170. If we break it down further, the land itself was valued at $580,670. Improvements to the property, however, were assessed at a total of $367,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Info

Overview

    General

  • Year Built: 1874
  • Effective Year Built: 1874
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Building Quality: D+
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,525,426
  • Total Building Area: 1,819
  • Building Area: 1,819
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,819
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 172.76
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Country club
  • Legal Description 1: AGRICULTURE SECURITY

Ownership

  • Current Owner : KRONEN CAROL L
  • Current Owner 2: LINDSAY ALEXANDER H
  • Previous Owner : LINCROFT INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Freeport Area School District
  • School Tax School District: 305
  • School Tax District Code 2: 44
  • Census Tract: 951200

Zoning

  • Zoning: AGRICULTUR

Geography

  • District: 44
  • Parcel: 44-0-030710
  • Block: 2
  • Municipality: SOUTH BUFFALO TWP
  • Latitude: 40.7465
  • Longitude: -79.6616

    Address

  • Full Address: 225 Furnace Run Rd
  • Address - House Number: 225
  • Address - Street Name: Furnace Run
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Freeport
  • Carrier Code: R001
  • 4-Digit Zip Code: 1710
  • Zip Code: 16229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $86,957
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2891
  • Valuation Date: May 31, 2023
  • Confidence Score: 42
  • Final Value: 2,367,870
  • High Value: 3,052,531
  • Low Value: 1,683,208

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,925,000
  • First Open Lien Mortgage Lender: ENTERPRISE BANK
  • First Open Lien Mortgage Recording Date: Oct 20, 2015
  • First Open Lien Mortgage Loan Amount: $2,925,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $2,709,050
  • Market Land Value: $1,659,050
  • Market Improvement Value: $1,050,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $948,170
  • Assessed Land Value: $580,670
  • Assessed Improvements Value: $367,500

    Sales

  • Current Sale Contract Date: Oct 14, 2015
  • Current Sale Recording Date: Oct 20, 2015
  • Current Sale Transaction ID: 1359111935
  • Current Sale Price: $25,400
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 201511238
  • Previous Sale Recording Date: Feb 10, 2001
  • Previous Sale Contract Date: Feb 10, 2001
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENTERPRISE BANK
  • First Mortgage Transaction Date: Oct 20, 2015
  • First Mortgage Loan Amount: $2,925,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Armstrong



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Frequently Asked Questions

What neighborhood is 225 Furnace Run Road located in?
The 225 Furnace Run Road is a located in the neighborhood of South Buffalo in Armstrong, Freeport.
What is the average sales price for listings in 225 Furnace Run Road?
The average sales price for units in 225 Furnace Run Road is $0 currently.

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