NOT LISTED FOR SALE

1060 4th Ave Freedom, PA 15042

Estimated Value: $123,000 - $134,000

3 Beds
2 Baths
1,712 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2023

Last sale price $140,000 $82 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $719 / mo

55 Days on Market

About This Home

As of March 2023

Recently renovated duplex in Freedom School District. Easy access to highway 65. Only 35 minutes to Pittsburgh, 15 minutes to Sewickley, 15 minutes to the Shell Plant, and 15 minutes from Moon/ PIT airport. This cash flowing property is the perfect addition to your portfolio. Currently unit 1 is vacant, but was recently updated and was just listed for lease and it should be filled quickly. Both units have water/dryer hookups and unit 1 has a back deck right off the kitchen. Both units are quite spacious with brand new Trafficmaster LVP flooring just installed and both units freshly painted.
Unit 1 rent includes water, sewer, trash, lawncare and gas
Unit 2 rent includes water, sewer, trash, lawncare and gas

Last Agent to Sell the Property

Hilary Kreschollek

RIVER POINT REALTY, LLC License #RS354181 Listed on: 02/03/2023

Last Buyer's Agent

Jeremy Taggart

DEACON & HOOVER REAL ESTATE ADVISORS LLC License #RS340668

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1900

Lot Details

  • 4,792

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Additional Features

  • River Views
  • 4,792 Sq Ft Lot
  • Unfinished Basement

Community Details

  • 2 Units
  • Public Transportation
  • Insurance Expense $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,897

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Municipality: Freedom
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.11
  • Lot Size: 0.11
  • Year Built: 1900
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Roof: Composition
  • View: River
  • View: Yes
  • Construction Type: Frame

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 360.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Freedom Area

Lot Info

  • Zoning: RES
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Insurance Expense: 400.0

Tax Info

  • Tax Annual Amount: 1897.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 31, 2023
Sold by
Eg Macphee Co Llc
Bought by
Spib Llc
Seller's Agent
Hilary Kreschollek
RIVER POINT REALTY, LLC
Buyer's Agent
Jeremy Taggart
DEACON & HOOVER REAL ESTATE ADVISORS LLC
List Price
$134,000
Sold Price
$140,000
Premium/Discount to List
$6,000
4.48%
Views
31
Current Estimated Value
$130,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,155
Avg. Annual Appreciation
-2.19%
Original Mortgage
$105,000
Outstanding Balance
$101,468
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$29,377

Purchase Details

Closed on
Feb 11, 2022
Sold by
Reinhardt Lynn R and Reinhardt Melissa L
Bought by
Eg Macphee Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2007
Sold by
Alberts Kenneth M
Bought by
Reinhardt Lynn R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Spib Llc $140,000 --
Eg Macphee Company $50,000 Brokers Settlement Services
Reinhardt Lynn R $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spib Llc $105,000
Previous Owner Eg Macphee Company $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $140,000 +4.5% $82 / Sq Ft
02/03/2023 02/03/23 For Sale $134,000 -- $78 / Sq Ft
Source: West Penn Multi-List

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 $357 $48,600 $11,250 $37,350
2024 $1,740 $48,600 $11,250 $37,350
2023 $1,920 $15,250 $2,400 $12,850
2022 $1,897 $15,250 $2,400 $12,850
2021 $1,897 $15,250 $2,400 $12,850
2020 $1,774 $15,250 $2,400 $12,850
2019 $1,774 $15,250 $2,400 $12,850
2018 $1,693 $15,250 $2,400 $12,850
2017 $1,678 $15,250 $2,400 $12,850
2016 $1,565 $15,250 $2,400 $12,850
2015 $339 $15,250 $2,400 $12,850
2014 $339 $15,250 $2,400 $12,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1591967

West Penn Multi-List

APN: 26-001-0641.000

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