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539 North Open Brook Road

539 North Open Brook Road, Smethport, PA 16749
Property in Liberty
Sold Sep 10, 2018
$320,000
$125,000 by Hamlin Bank & Trust Company
Mortgage Due Sep 10, 2038
539 North Open Brook Road has been categorized by the local assessors in Smethport, PA as a residential type of property. The building on the property was first built in 1998 and is 26 years old. In addition, 539 North Open Brook Road has 1,638 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,770,416 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. 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, 539 North Open Brook Road sold most recently in Sep 10, 2018 for a total of $320,000. If you work out the math, that's approximately a cost of $67.06 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 $5,671 in taxes each year. 539 North Open Brook Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,260. If we break it down further, the land itself was valued at $46,040. Improvements to the property, however, were assessed at a total of $157,220. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Building Quality: B
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,770,416
  • Total Building Area: 4,772
  • Gross Building Area: 4,772
  • Building Area: 4,772
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,638
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 63.6
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: OLD CONTROL:0907-0361

Ownership

  • Current Owner : MILLER ERVIN O
  • Current Owner 2: MILLER MARY M
  • Previous Owner : NICK ALAN J
  • Previous Owner 2: NICK DEBORAH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Port Allegany School District
  • School Tax School District: PORT ALLEGANY
  • Census Tract: 420700

Geography

  • District: 17
  • Parcel: 26-004. -108.00.
  • Municipality: LIBERTY TOWNSHIP
  • Latitude: 41.8381
  • Longitude: -78.3668

    Address

  • Full Address: 539 N Open Brook Rd
  • Address - House Number: 539
  • Street Direction: N
  • Address - Street Name: Open Brook
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Smethport
  • Carrier Code: R002
  • 4-Digit Zip Code: 5715
  • Zip Code: 16749

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,671

    Appraisal Valuation

  • Standard Deviation: 0.1108
  • Valuation Date: May 24, 2023
  • Confidence Score: 77
  • Final Value: 439,426
  • High Value: 488,117
  • Low Value: 390,734

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: HAMLIN BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Sep 10, 2018
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 10, 2038
  • Second Open Lien Mortgage Lender: CITIZENS & NORTHERN BANK
  • Second Open Lien Mortgage Recording Date: Dec 02, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 25, 2039

    Market Valuation

  • Market Total Value: $203,260
  • Market Land Value: $46,040
  • Market Improvement Value: $157,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,260
  • Assessed Land Value: $46,040
  • Assessed Improvements Value: $157,220

    Sales

  • Current Sale Contract Date: Sep 10, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11506243760
  • Current Sale Price: $320,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201803497

    Last Sale Mortgage

  • First Mortgage Lender: HAMLIN BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 10, 2038

About McKean



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Frequently Asked Questions

What neighborhood is 539 North Open Brook Road located in?
The 539 North Open Brook Road is a located in the neighborhood of Liberty in McKean, Smethport.
What is the average sales price for listings in 539 North Open Brook Road?
The average sales price for units in 539 North Open Brook Road is $0 currently.

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