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85 Market Street

85 Market Street, Albion, PA 16401
Property in Albion
Sold Oct 21, 2015
$65,000
$65,600 by Marquette Savings Bank
Mortgage Due Nov 01, 2035
Sold Dec 03, 2007
$58,000
$58,000 by Northwest Savings Bank
Mortgage Due Dec 01, 2037
85 Market Street in Albion, PA was first built in 1920 and is 104 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 85 Market Street has 1,200 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 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 forced air unit 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, 85 Market Street sold most recently in Oct 16, 2015 for a total of $65,000. If you work out the math, that's approximately a cost of $54.17 per sqft. Before that, the property was also sold for $58,000 in Nov 28, 2007. 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 $1,712 in taxes each year. 85 Market Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $73,150. If we break it down further, the land itself was valued at $19,000. Improvements to the property, however, were assessed at a total of $54,150. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 85 MARKET ST 50X150 IRRG

Ownership

  • Current Owner : HAYNES RUTH ELAINE
  • Previous Owner : FRATUS ROBERT J
  • Previous Owner 2: GOULD TERESA L
  • Owner Before Previous Owner: LOFFREDO BETTY LOU
  • Owner Before Previous Owner 2: WHALEY MARGARET

Neighborhood

  • School District Name: Northwestern School District
  • School Tax School District: NW
  • Census Tract: 010107

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 2
  • District: 01
  • Parcel: 01-002-011.0-011.00
  • Municipality: ALBION BORO
  • Latitude: 41.8944
  • Longitude: -80.3633

    Address

  • Full Address: 85 Market St
  • Address - House Number: 85
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: PA
  • City Name: Albion
  • Carrier Code: C001
  • 4-Digit Zip Code: 1131
  • Zip Code: 16401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,712

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 63,498
  • High Value: 71,733
  • Low Value: 55,262

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,600
  • First Open Lien Mortgage Lender: MARQUETTE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Oct 21, 2015
  • First Open Lien Mortgage Loan Amount: $65,600
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $73,150
  • Market Land Value: $19,000
  • Market Improvement Value: $54,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,150
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $54,150

    Sales

  • Current Sale Contract Date: Oct 16, 2015
  • Current Sale Recording Date: Oct 21, 2015
  • Current Sale Transaction ID: 1355899695
  • Current Sale Price: $65,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2015-023449
  • Previous Sale Recording Date: Dec 03, 2007
  • Previous Sale Contract Date: Nov 28, 2007
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE SAVINGS BANK
  • First Mortgage Transaction Date: Oct 21, 2015
  • First Mortgage Loan Amount: $65,600
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: NORTHWEST SAVINGS BANK
  • Previous Mortgage Transaction Date: Dec 03, 2007
  • Previous Mortgage Loan Amount: $58,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Albion



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Frequently Asked Questions

What neighborhood is 85 Market Street located in?
The 85 Market Street is a located in the neighborhood of Albion in Albion, Albion.
What is the average sales price for listings in 85 Market Street?
The average sales price for units in 85 Market Street is $0 currently.

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