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271 Avenue B

271 Avenue B, Palmerton, PA 18071
Property in Palmerton
Sold Mar 09, 2022
$120,000
$117,826 by American Neighborhood Mortgage
Mortgage Due Apr 01, 2052
Sold May 18, 2016
$65,000
$66,838 by Mortgage America Inc
Mortgage Due May 01, 2046
Local assessors in Palmerton, PA have categorized 271 Avenue B as a residential type of property. The home was built in 1917 and is 107 years old. The property's lot size has been calculated to be 2,396 square feet. The linear feet between the front and back of the lot was measured at 750 ft and the front of the lot was measured at 320 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 271 Avenue B has a total of 824 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's oil is the primary heating source and it is being fueled with oil. 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, 271 Avenue B sold most recently in Mar 4, 2022 for a total of $120,000. If you work out the math, that's approximately a cost of $145.63 per sqft. Before that, the property was also sold for $65,000 in Apr 29, 2016. 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 $2,010 in taxes each year. 271 Avenue B was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,600. If we break it down further, the land itself was valued at $5,250. Improvements to the property, however, were assessed at a total of $17,350. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Exterior

Vinyl Siding

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,396
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 320
  • Total Building Area: 824
  • Building Area: 824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Oil
  • Heated Square Feet: 824
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.055
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TILLMAN JAMES
  • Previous Owner : RASHUN MACON
  • Owner Before Previous Owner: HAYMAN MARK
  • Owner Before Previous Owner 2: HAYMAN KAREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palmerton Area School District
  • School Tax School District: PALMERTON AREA
  • Census Tract: 020900

Geography

  • District: 17
  • Parcel: 42A-48-J13
  • Municipality: PALMERTON BORO
  • Latitude: 40.7994
  • Longitude: -75.6096

    Address

  • Full Address: 271 Avenue B
  • Address - House Number: 271
  • Address - Street Name: Avenue B
  • State: PA
  • City Name: Palmerton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1806
  • Zip Code: 18071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,010
  • Tax Rate Code Area: 48 MIDDLE

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 70
  • Final Value: 68,569
  • High Value: 78,722
  • Low Value: 58,415

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $123,826
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 09, 2022
  • First Open Lien Mortgage Loan Amount: $117,826
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052
  • Second Open Lien Mortgage Recording Date: Mar 09, 2022
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $45,200
  • Market Land Value: $10,500
  • Market Improvement Value: $34,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,600
  • Assessed Land Value: $5,250
  • Assessed Improvements Value: $17,350

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 09, 2022
  • Current Sale Transaction ID: 11881281988
  • Current Sale Price: $120,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2356
  • Previous Sale Recording Date: May 18, 2016
  • Previous Sale Contract Date: Apr 29, 2016
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MORTGAGE
  • First Mortgage Transaction Date: Mar 09, 2022
  • First Mortgage Loan Amount: $117,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2052
  • Second Mortgage Loan Amount: $6,000

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE AMERICA INC
  • Previous Mortgage Transaction Date: May 18, 2016
  • Previous Mortgage Loan Amount: $66,838
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

About Palmerton



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Nearby Rentals

Unit for rent at 694 Princeton Ave, PALMERTON, PA, 18071

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,068 ft²
694 Princeton Ave, PALMERTON, PA, 18071 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 271 Avenue B located in?
The 271 Avenue B is a located in the neighborhood of Palmerton in Palmerton, Palmerton.
What is the average sales price for listings in 271 Avenue B?
The average sales price for units in 271 Avenue B is $0 currently.

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