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55 Bank Street

55 Bank Street, North East, PA 16428
Property in North East
Sold Apr 29, 2005
$140,000
$140,500 by United States Of America
Mortgage
Sold Apr 28, 2000
$94,000
$50,000 by Northwest Svgs Bank
Mortgage Due May 05, 2030
55 Bank Street in North East, PA was first built in 1910 and is 114 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 55 Bank Street has 1,728 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 780 ft and the linear feet between the front and back of the lot is 3,220. In total, the area measurement of the land is 25,931 square feet.

Learn more about the property and building on this page. There is a open porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 672 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. 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, 55 Bank Street sold most recently in Apr 29, 2005 for a total of $140,000. If you work out the math, that's approximately a cost of $81.02 per sqft. Before that, the property was also sold for $94,000 in Apr 28, 2000. 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 $3,251 in taxes each year. 55 Bank Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $126,470. If we break it down further, the land itself was valued at $37,000. Improvements to the property, however, were assessed at a total of $89,470. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1910
  • Effective Year Built: 1910
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,931
  • Lot Size Depth Feet: 3,220
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,728
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.595
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 55 BANK ST 78.05 X 322.25

Ownership

  • Current Owner : JAYNES CLAYTON C
  • Current Owner 2: JAYNES CHRISTINA M
  • Previous Owner : WAGNER WILLIAM S
  • Previous Owner 2: WAGNER KELLY J
  • Owner Before Previous Owner: HARRIS JOYCE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: North East School District
  • School Tax School District: NE
  • Census Tract: 011600

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: MAP 1
  • District: 35
  • Parcel: 35-001-020.0-004.00
  • Municipality: NORTH EAST BORO
  • Latitude: 42.2172
  • Longitude: -79.8413

    Address

  • Full Address: 55 Bank St
  • Address - House Number: 55
  • Address - Street Name: Bank
  • Address - Suffix Type: St
  • State: PA
  • City Name: North East
  • Carrier Code: C004
  • 4-Digit Zip Code: 1003
  • Zip Code: 16428

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,251

    Appraisal Valuation

  • Standard Deviation: 0.2534
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 206,829
  • High Value: 259,253
  • Low Value: 154,406

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,500
  • First Open Lien Mortgage Lender: UNITED STATES OF AMERICA
  • First Open Lien Mortgage Recording Date: Sep 29, 2022
  • First Open Lien Mortgage Loan Amount: $140,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $126,470
  • Market Land Value: $37,000
  • Market Improvement Value: $89,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,470
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $89,470

    Sales

  • Current Sale Contract Date: Apr 29, 2005
  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Transaction ID: 1126684436
  • Current Sale Price: $140,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 013806
  • Previous Sale Recording Date: Apr 28, 2000
  • Previous Sale Contract Date: Apr 28, 2000
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATES DEPARTMENT OF AG
  • First Mortgage Transaction Date: Apr 29, 2005
  • First Mortgage Loan Amount: $141,250
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Apr 28, 2038

    Previous Mortgages

  • Previous Mortgage Lender: NORTHWEST SVGS BANK
  • Previous Mortgage Transaction Date: Apr 28, 2000
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 05, 2030

About North East



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Frequently Asked Questions

What neighborhood is 55 Bank Street located in?
The 55 Bank Street is a located in the neighborhood of North East in North East, North East.
What is the average sales price for listings in 55 Bank Street?
The average sales price for units in 55 Bank Street is $0 currently.

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