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531 Madison Drive

531 Madison Drive, Smithfield, PA 15478
Property in Georges
Sold Nov 12, 2013
$165,000
$168,367 by Sail Mortgage Corp
Mortgage Due Dec 01, 2043
Sold May 13, 2005
$21,272
$76,075 by United States Department Of Ag
Mortgage Due May 11, 2038
Local assessors in Smithfield, PA have categorized 531 Madison Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 14,810 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 531 Madison Drive has a total of 1,276 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Lots of alum/vinyl siding 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 a heat pump is the primary heating source and it is being fueled with electricity. 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, 531 Madison Drive sold most recently in Nov 7, 2013 for a total of $165,000. If you work out the math, that's approximately a cost of $129.31 per sqft. Before that, the property was also sold for $21,272 in May 11, 2005. 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 $991 in taxes each year. 531 Madison Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,750. If we break it down further, the land itself was valued at $6,700. Improvements to the property, however, were assessed at a total of $52,050. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,276
  • Building Area: 1,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,276
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN VIEW ESTATES PLAN OF LOTS
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 38 (.34 AC) R1 BSMT RG

Ownership

  • Current Owner : CARTER JASON W
  • Current Owner 2: CUNNINGHAM ASHLEY D
  • Previous Owner : MCCOURT TAMMY
  • Owner Before Previous Owner: THRESHOLD NHOUSING DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albert Gallatin Area School District
  • School Tax School District: 26030
  • Census Tract: 262800

Geography

  • Assessors Map Reference: MAP 25
  • District: 14
  • Parcel: 14-25-0304-38
  • Lot: 38
  • Municipality: GEORGES TOWNSHIP
  • Latitude: 39.8261
  • Longitude: -79.7643

    Address

  • Full Address: 531 Madison Dr
  • Address - House Number: 531
  • Address - Street Name: Madison
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Smithfield
  • Carrier Code: R005
  • 4-Digit Zip Code: 1265
  • Zip Code: 15478

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $991

    Appraisal Valuation

  • Standard Deviation: 0.3553
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 28
  • Final Value: 280,262
  • High Value: 379,853
  • Low Value: 180,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,367
  • First Open Lien Mortgage Lender: SAIL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 12, 2013
  • First Open Lien Mortgage Loan Amount: $168,367
  • 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: Dec 01, 2043

    Market Valuation

  • Market Total Value: $117,500
  • Market Land Value: $13,400
  • Market Improvement Value: $104,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,750
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $52,050

    Sales

  • Current Sale Contract Date: Nov 07, 2013
  • Current Sale Recording Date: Nov 12, 2013
  • Current Sale Transaction ID: 1146541316
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201300013667
  • Previous Sale Recording Date: May 13, 2005
  • Previous Sale Contract Date: May 11, 2005
  • Previous Sale Amount: $21,272
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SAIL MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 12, 2013
  • First Mortgage Loan Amount: $168,367
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • Previous Mortgage Transaction Date: May 13, 2005
  • Previous Mortgage Loan Amount: $76,075
  • Previous Mortgage Term: 395
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 11, 2038

About Fayette



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Frequently Asked Questions

What neighborhood is 531 Madison Drive located in?
The 531 Madison Drive is a located in the neighborhood of Georges in Fayette, Smithfield.
What is the average sales price for listings in 531 Madison Drive?
The average sales price for units in 531 Madison Drive is $0 currently.

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