NOT LISTED FOR SALE

108 Washington Ave Evans City, PA 16033

Estimated Value: $278,736 - $361,000

3 Beds
2 Baths
-- Sq Ft
0.67 Acres

Last Sold November 30, 2021

Last sale price $295,000

Est. 11% increase in value since last sale

Current estimated payment $1,960/month

59 Days on Market

About This Home

As of November 2021

A lucrative investment awaits! Take advantage of a rare opportunity to add this fully-rented income generating multi-unit to your investment portfolio. This smartly appointed triplex is ideally situated in the quaint borough of Evans City offering easy access to I-79, just 15 min from Cranberry and 10 min to Mars and Zelienople. Main level offers exclusive entrances to (2) spacious, 2 bedroom units. A beautifully appointed walk-out basement hosts the third unit and is accompanied by many of the mechanicals, completing this turn-key package. This all-electric building hosts plenty of off-street parking and is well insulated for comfort and energy-efficiency year round. Triplex is situated toward the front of the lot, allowing future development on back portion hosting a large storage shed and endless potential in the Industrial zoning district.

Last Agent to Sell the Property

Renee Dean

HOWARD HANNA REAL ESTATE SERVICES Listed on: 10/02/2021

HOWARD HANNA REAL ESTATE SERVICES

Last Buyer's Agent

Georgie Smigel

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1953

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 150x210x150x206

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Siding

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Additional Features

  • Finished Basement

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,432

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Municipality: Evans City Boro
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.67
  • Lot Size: 150x210x150x206
  • Directions: From Evans City, take Mars Evans City Road to Washington Avenue, turn right and the Property is at the end of the street on the R
  • Year Built: 1953
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Schools

  • Junior High Dist: Seneca Valley

Lot Info

  • Zoning: I
  • Zoning Description: I
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2432.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 30, 2021
Sold by
Hofstetter Gary P and Hofstetter Deborah J
Bought by
Re Property Holdings Llc
Seller's Agent
Renee Dean
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Georgie Smigel
COLDWELL BANKER REALTY
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$327,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,434
Avg. Annual Appreciation
2.51%
Original Mortgage
$236,000
Outstanding Balance
$219,221
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$104,853

Purchase Details

Closed on
Feb 6, 2008
Sold by
Fannie Mae
Bought by
Hofstetter Gary P

Purchase Details

Closed on
Jan 5, 2005
Sold by
Fosnaught Ronald
Bought by
Baney James and Arrigo,Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.71%
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 Buyer Sale Price Title Company
Re Property Holdings Llc $295,000 Settlements Ltd
Hofstetter Gary P $83,500 --
Baney James $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Re Property Holdings Llc $236,000
Previous Owner Baney James $49,000
Previous Owner Arrigo Thomas J $94,500
Previous Owner Baney James $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $295,000 -1.6% --
10/02/2021 10/02/21 For Sale $299,900 -- --
Source: West Penn Multi-List

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 $2,576 $13,510 $1,260 $12,250
2024 $1,814 $13,510 $1,260 $12,250
2023 $2,467 $13,510 $1,260 $12,250
2022 $2,467 $13,510 $1,260 $12,250
2021 $2,432 $13,510 $0 $0
2020 $2,432 $13,510 $1,260 $12,250
2019 $2,413 $13,510 $1,260 $12,250
2018 $2,413 $13,510 $1,260 $12,250
2017 $2,305 $13,510 $1,260 $12,250
2016 $708 $13,510 $1,260 $12,250
2015 $274 $13,510 $1,260 $12,250
2014 $274 $13,510 $1,260 $12,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1524670

West Penn Multi-List

APN: 400-S3-D10-0000