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513 Banks Street

513 Banks Street, Northampton, PA 18067
Multifamily in Northampton
Sold Jul 12, 2021
$235,000
$227,950 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2051
Sold Jul 03, 2007
$159,900
$159,900 by Greenpoint Mtg Funding
Mortgage
513 Banks Street in Northampton, PA was first built in 1978 and is 46 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 style that we are currently unable to determine. 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. 513 Banks Street has 1,584 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 400 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 4,200 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. The exterior walls of the home are made of materials we are unsure of. 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 a heating system we are unsure of and being fueled with electricity. 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, 513 Banks Street was last sold in Jun 28, 2021 for $235,000. According to our calculations, that's $148.36 per sqft. Prior to that sales transaction, the property was sold for $159,900 in Jun 29, 2007. Current property owners are expected to pay $3,536 in taxes per year. The property on 513 Banks Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $44,200. To break that down further, the land itself was valued at $15,100. While improvements to the property were assessed at a total of $29,100. 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. 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!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

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Other
  • Exterior Walls Type: Other
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Other
  • Heated Square Feet: 1,584
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TWINBROOK
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ELSKAMP VINCENT
  • Current Owner 2: SCHMIDT NICOLE
  • Previous Owner : MUTH SCOTT A
  • Previous Owner 2: MUTH APRIL L
  • Owner Before Previous Owner: DANNER JOSEPH E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Northampton Area School District
  • School Tax School District: NORTHAMPTON SCH
  • Census Tract: 016202

Zoning

  • Zoning: R1

Geography

  • District: 22
  • Parcel: M4 2 1M 0522
  • Municipality: NORTHAMPTON BOROUGH
  • Latitude: 40.6781
  • Longitude: -75.4779

    Address

  • Full Address: 513 Banks St
  • Address - House Number: 513
  • Address - Street Name: Banks
  • Address - Suffix Type: St
  • State: PA
  • City Name: Northampton
  • Carrier Code: R006
  • 4-Digit Zip Code: 1810
  • Zip Code: 18067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,536
  • Tax Rate Code Area: NORTHAMPTO

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 271,918
  • High Value: 324,316
  • Low Value: 219,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,950
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 12, 2021
  • First Open Lien Mortgage Loan Amount: $227,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $88,400
  • Market Land Value: $30,200
  • Market Improvement Value: $58,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $44,200
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $29,100

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Transaction ID: 11842424547
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021027425
  • Previous Sale Recording Date: Jul 03, 2007
  • Previous Sale Contract Date: Jun 29, 2007
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 12, 2021
  • First Mortgage Loan Amount: $227,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MTG FUNDING
  • Previous Mortgage Transaction Date: Jul 03, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $159,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northampton



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Frequently Asked Questions

What neighborhood is 513 Banks Street located in?
The 513 Banks Street is a multifamily located in the neighborhood of Northampton in Northampton, Northampton.
What is the average sales price for listings in 513 Banks Street?
The average sales price for units in 513 Banks Street is $209,900 , or $133/sqft. currently.

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