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543 Shady Lane

543 Shady Lane, Ellwood City, PA 16117
Property in Slippery Rock
Sold Jul 07, 2015
$73,900
$321,330 by Wesbanco Bank Inc
Mortgage Due Jul 01, 2046
Local assessors in Ellwood City, PA have categorized 543 Shady Lane as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 217,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a log cabin/rustic style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 543 Shady Lane has a total of 960 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. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. The building has a roof that is made of materials that we aren't sure of. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. The home's a space/suspended heating system is the primary heating source. 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, 543 Shady Lane sold most recently in Jul 2, 2015 for a total of $73,900. If you work out the math, that's approximately a cost of $76.98 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 $1,067 in taxes each year. 543 Shady Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $44,400. If we break it down further, the land itself was valued at $35,200. Improvements to the property, however, were assessed at a total of $9,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Poor
  • Building Quality: E
  • Construction Type: Frame
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Wood
  • Interior Walls Type: Paneling
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 960
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Space/suspended
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SLIPPERY ROCK TWP. - GENERAL
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 COTT A-110

Ownership

  • Current Owner : GROSSMAN MARCUS ALAN
  • Current Owner 2: GROSSMAN ASHLEY ROSE
  • Previous Owner : CLOUD FRANK
  • Previous Owner 2: CLOUD MARGARET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Laurel School District
  • School Tax School District: LAUREL AREA
  • Census Tract: 010900

Geography

  • District: 32
  • Subdivision Tract Number: 17
  • Parcel: 32-037700
  • Lot: 17
  • Municipality: SLIPPERY ROCK TOWNSHIP
  • Latitude: 40.9301
  • Longitude: -80.1956

    Address

  • Full Address: 543 Shady Ln
  • Address - House Number: 543
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: Ellwood City
  • Carrier Code: R001
  • 4-Digit Zip Code: 8253
  • Zip Code: 16117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,067

    Appraisal Valuation

  • Standard Deviation: 0.1134
  • Valuation Date: May 31, 2023
  • Confidence Score: 77
  • Final Value: 86,717
  • High Value: 96,558
  • Low Value: 76,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,330
  • First Open Lien Mortgage Lender: WESBANCO BANK INC
  • First Open Lien Mortgage Recording Date: Jul 06, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $321,330
  • 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: Jul 01, 2046

    Market Valuation

  • Market Total Value: $44,400
  • Market Land Value: $35,200
  • Market Improvement Value: $9,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,400
  • Assessed Land Value: $35,200
  • Assessed Improvements Value: $9,200

    Sales

  • Current Sale Contract Date: Jul 02, 2015
  • Current Sale Recording Date: Jul 07, 2015
  • Current Sale Transaction ID: 1229384853
  • Current Sale Price: $73,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015-005040

About Lawrence



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Frequently Asked Questions

What neighborhood is 543 Shady Lane located in?
The 543 Shady Lane is a located in the neighborhood of Slippery Rock in Lawrence, Ellwood City.
What is the average sales price for listings in 543 Shady Lane?
The average sales price for units in 543 Shady Lane is $0 currently.

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