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535 East Market Street

535 East Market Street, Mercer, PA 16137
Property in Mercer
Sold Nov 04, 2021
$112,000
$113,131 by Towne Mortgage Co
Mortgage Due Nov 01, 2051
Local assessors in Mercer, PA have categorized 535 East Market Street as a residential type of property. The property's lot size has been calculated to be 6,990 square feet. The linear feet between the front and back of the lot was measured at 1,165 ft and the front of the lot was measured at 600 ft.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. 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, 535 East Market Street sold most recently in Oct 29, 2021 for a total of $112,000. 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 $1,384 in taxes each year. 535 East Market Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,150. If we break it down further, the land itself was valued at $1,350. Improvements to the property, however, were assessed at a total of $10,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,990
  • Lot Size Depth Feet: 1,165
  • Lot Size Frontage Feet: 600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 535 E MARKET ST

Ownership

  • Current Owner : CIOTTI MARC T
  • Previous Owner : SMITH THOMAS G
  • Previous Owner 2: SMITH BARBARA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mercer Area School District
  • School Tax School District: MERCER
  • Census Tract: 032602

Geography

  • District: 65
  • Parcel: 65 577 027
  • Municipality: MERCER
  • Latitude: 41.2264
  • Longitude: -80.2287

    Address

  • Full Address: 535 E Market St
  • Address - House Number: 535
  • Street Direction: E
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: PA
  • City Name: Mercer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1316
  • Zip Code: 16137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,384

    Appraisal Valuation

  • Standard Deviation: 0.1388
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 72
  • Final Value: 126,848
  • High Value: 144,463
  • Low Value: 109,232

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,131
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $113,131
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $12,150
  • Market Land Value: $1,350
  • Market Improvement Value: $10,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,150
  • Assessed Land Value: $1,350
  • Assessed Improvements Value: $10,800

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11864731115
  • Current Sale Price: $112,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-00012338

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE CO
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $113,131
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: Nov 01, 2051

About Mercer



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 535 East Market Street located in?
The 535 East Market Street is a located in the neighborhood of Mercer in Mercer, Mercer.
What is the average sales price for listings in 535 East Market Street?
The average sales price for units in 535 East Market Street is $0 currently.

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