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6874 Mercer Road

6874 Mercer Road, Polk, PA 16342
House in Mineral
Sold Oct 09, 2019
$500,000
$200,000 by Raymond James Bank Na
Mortgage Due Nov 01, 2034
6874 Mercer Road in Polk, PA was first built in 2004 and is 20 years old. This has been categorized as a residential property type. 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 is only one bathroom. There are 2 partial bathrooms. 6874 Mercer Road has 1,493 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. In total, the area measurement of the land is 2,375,762 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 6874 Mercer Road sold most recently in Oct 9, 2019 for a total of $500,000. If you work out the math, that's approximately a cost of $334.90 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 $3,430 in taxes each year. 6874 Mercer Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $139,930. If we break it down further, the land itself was valued at $53,380. Improvements to the property, however, were assessed at a total of $86,550. 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.

Building Features

Exterior

Cedar Siding
Stone Exterior

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: A
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,375,762
  • Total Building Area: 1,493
  • Building Area: 1,493
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,493
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 54.54
  • Standard Land Use Code: Rural/agricultural residence

Ownership

  • Current Owner : INNAMORATO ARTHUR J
  • Current Owner 2: INNAMORATO JENNIFER S
  • Previous Owner : ZINK RICHARD W

Neighborhood

  • School District Name: Franklin Area School District
  • School Tax School District: FRANKLIN AREA
  • Census Tract: 201400

Geography

  • Assessors Map Reference: MAP 14-001
  • District: 14
  • Parcel: 14,001.-033M.-000
  • Municipality: MINERAL TWP
  • Latitude: 41.3523
  • Longitude: -79.9741

    Address

  • Full Address: 6874 Mercer Rd
  • Address - House Number: 6874
  • Address - Street Name: Mercer
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Polk
  • Zip Code: 16342

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,430

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: May 31, 2023
  • Confidence Score: 68
  • Final Value: 527,454
  • High Value: 648,791
  • Low Value: 406,116

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: RAYMOND JAMES BANK NA
  • First Open Lien Mortgage Recording Date: Oct 09, 2019
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034

    Market Valuation

  • Market Total Value: $139,930
  • Market Land Value: $53,380
  • Market Improvement Value: $86,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,930
  • Assessed Land Value: $53,380
  • Assessed Improvements Value: $86,550

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Transaction ID: 11662025353
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019-004360

    Last Sale Mortgage

  • First Mortgage Lender: RAYMOND JAMES BANK NA
  • First Mortgage Transaction Date: Oct 09, 2019
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2034

About Venango



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Frequently Asked Questions

What neighborhood is 6874 Mercer Road located in?
The 6874 Mercer Road is a house located in the neighborhood of Mineral in Venango, Polk.
What is the average sales price for listings in 6874 Mercer Road?
The average sales price for units in 6874 Mercer Road is $0 currently.

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