$30,000
SOLD MAR 19, 2014

1163 Mercer Rd Franklin, PA 16323

3 Beds
1 Bath
1,200 Sq Ft
0.64 Acres

Recently Sold

$25 Per Sq Ft

35% Below List Price

95 Days on Market

Highlights

  • 0.64 Acre Lot
  • 3 Car Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of February 2015

Spacious and open ranch home with 3 bedrooms and 1 bath. Open floor plan great for entertaining.

Last Buyer's Agent

William Moon

GATES & BURNS REALTY, INC OC License #RM423628

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 117x240
  • 11,018.013
  • Property is zoned r1

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11,018.-013

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Lot Size: 117x240
  • Directions: from V CCH go south on liberty street. turn left onto 15th street, bear right onto route 62 (mercer rd) House on left at corner of mercer and georgetown road.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, None
  • Has Basement: Partial
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Block, Aluminum Siding
  • Other Structures: Workshop
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 3 Car
  • Total Parking Spaces: 3

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Well

Schools

  • Junior High Dist: Franklin

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Additional Parcels Description: 11,018.013
  • Additional Parcels: Yes
  • Zoning: r1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1552
  • Tax Map Number: 11,018.-013
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jan 29, 2015
Sold by
Hale David R and Hale Jennifer K
Bought by
Ruminski Alan J and Ruminski Martha J
Seller's Agent
Allen Sharrer
1st Rate Realty, LLC
Buyer's Agent
Christina Hart
1st Rate Realty, LLC
List Price
$139,000
Sold Price
$133,000
Premium/Discount to List
-$6,000
-4.32%
Current Estimated Value
$184,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,804
Avg. Annual Appreciation
3.11%
Original Mortgage
$10,640,000
Outstanding Balance
$8,188,098
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
-$8,003,819

Purchase Details

Listed on
Nov 13, 2013
Closed on
Mar 11, 2014
Sold by
Fannie Mae
Bought by
Hale David
Buyer's Agent
William Moon
GATES & BURNS REALTY, INC OC
List Price
$45,900
Sold Price
$30,000
Premium/Discount to List
-$15,900
-34.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
443.15%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Develde Everett C and Develde Billie R
Bought by
Scott Alexander R and Chocano Danielle K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $133,000 None Available
Deed $30,000 None Available
Deed $72,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,640,000 New Conventional
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2015 02/02/15 Sold $133,000 -4.3% $60 / Sq Ft
01/03/2015 01/03/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $139,000 +363.3% $63 / Sq Ft
03/19/2014 03/19/14 Sold $30,000 -34.6% $25 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $45,900 -- $38 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,955 $105,560 $9,990 $95,570
2024 $2,744 $105,560 $9,990 $95,570
2023 $2,744 $105,560 $9,990 $95,570
2022 $2,744 $105,560 $9,990 $95,570
2021 $2,744 $105,560 $9,990 $95,570
2020 $2,734 $105,560 $9,990 $95,570
2019 $2,734 $105,560 $9,990 $95,570
2018 $2,734 $105,560 $9,990 $95,570
2017 -- $105,560 $9,990 $95,570
2016 $2,622 $105,560 $9,990 $95,570
2015 -- $105,560 $9,990 $95,570
2014 -- $65,690 $9,990 $55,700
Source: Public Records

Agents Affiliated with this Home

  • Allen Sharrer

    Seller's Agent in 2015

    Allen Sharrer

    1st Rate Realty, LLC

    (814) 673-8466

    108 in this area

    228 Total Sales

    Allen Sharrer
    Section Image

  • C

    Buyer's Agent in 2015

    Christina Hart

    1st Rate Realty, LLC

    (814) 673-8255

    36 in this area

    121 Total Sales

    Christina Hart
    Section Image
  • William Moon

    Buyer's Agent in 2014

    William Moon

    GATES & BURNS REALTY, INC OC

    (814) 676-8541

    11 in this area

    212 Total Sales

    William Moon
    Section Image
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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 144840

APN: 11-018-013-000

Pennsylvania Venango County Franklin 16323

1163 Mercer Rd, Franklin, PA

This home is located at 1163 Mercer Rd, Franklin, PA 16323 and is currently priced at $30,000, approximately $25 per square foot. This property was built in 1950. 1163 Mercer Rd is a home located in Venango County with nearby schools including Franklin Area High School, Franklin School - Age Child Development Center, and St Patrick Elementary School.

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