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553 Mauch Chunk Road

553 Mauch Chunk Road, Palmerton, PA 18071
Multifamily in Palmerton
Sold Feb 24, 2023
$152,000
$149,246 by Crosscountry Mortgage Llc
Mortgage Due Mar 01, 2053
Sold Sep 22, 2021
$120,000
$117,826 by Crosscountry Mortgage Llc
Mortgage Due Oct 01, 2051
Local assessors in Palmerton, PA have categorized 553 Mauch Chunk Road as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 1,568 square feet. The linear feet between the front and back of the lot was measured at 620 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 553 Mauch Chunk Road has a total of 1,144 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. 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 masonry control joints. Lots of block 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 oil is the primary heating source and it is being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 553 Mauch Chunk Road was last sold in Feb 21, 2023 for $152,000. According to our calculations, that's $132.87 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Sep 14, 2021. Current property owners are expected to pay $2,268 in taxes per year. The property on 553 Mauch Chunk Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,500. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $20,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding
Block Exterior

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Masonry
  • Building Style: Other
  • Exterior Walls Type: Block
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,568
  • Lot Size Depth Feet: 620
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Oil
  • Heated Square Feet: 1,144
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.036
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : ORTIZ ADRIAN J
  • Previous Owner : ORTIZ JONATHA R
  • Owner Before Previous Owner: DLP FUND ACQUISTION II LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palmerton Area School District
  • School Tax School District: PALMERTON AREA
  • Census Tract: 020900

Geography

  • District: 17
  • Parcel: 42A-49-A24
  • Municipality: PALMERTON BORO
  • Latitude: 40.8008
  • Longitude: -75.6192

    Address

  • Full Address: 553 Mauch Chunk Rd
  • Address - House Number: 553
  • Address - Street Name: Mauch Chunk
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Palmerton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1105
  • Zip Code: 18071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,268
  • Tax Rate Code Area: 49 WEST WA

    Appraisal Valuation

  • Standard Deviation: 0.1268
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 85
  • Final Value: 120,464
  • High Value: 135,750
  • Low Value: 105,179

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $149,246
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 24, 2023
  • First Open Lien Mortgage Loan Amount: $149,246
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $51,000
  • Market Land Value: $10,000
  • Market Improvement Value: $41,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,500
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $20,500

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Feb 24, 2023
  • Current Sale Transaction ID: 11902452004
  • Current Sale Price: $152,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1116
  • Previous Sale Recording Date: Sep 22, 2021
  • Previous Sale Contract Date: Sep 14, 2021
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 24, 2023
  • First Mortgage Loan Amount: $149,246
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 22, 2021
  • Previous Mortgage Loan Amount: $117,826
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2051

About Palmerton



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Nearby Rentals

Unit for rent at 694 Princeton Ave, PALMERTON, PA, 18071

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,068 ft²
694 Princeton Ave, PALMERTON, PA, 18071 Listing by RH Advisors Bright

Frequently Asked Questions

What neighborhood is 553 Mauch Chunk Road located in?
The 553 Mauch Chunk Road is a multifamily located in the neighborhood of Palmerton in Palmerton, Palmerton.
What is the average sales price for listings in 553 Mauch Chunk Road?
The average sales price for units in 553 Mauch Chunk Road is $0 currently.

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