$500,000
SOLD JUL 23, 2024

1120 Main St Follansbee, WV 26037

17 Beds
17 Baths
-- Sq Ft
1.6 Acres

Recently Sold

17% Below List Price

Highlights

  • 1.6 Acre Lot
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2024

Rare Opportunity! This complex includes 17 units located in 5 buildings including a large storage building to use as you please. Coin operated laundry machines for tenant convenience and additional owner income. All 5 buildings have recently been upgraded with new metal roofs. Current ongoing remodeling at this property, including some new windows, doors, and awnings. This property is situated on 1.60 acres and is close to many conveniences including shopping, restaurants, schools, recreation and banking. This is a unique opportunity to add all these units with tremendous potential for growth and profitability. Act now to secure your investment in these lucrative assets!

Last Agent to Sell the Property

Amy Beaman

JJ Guida Airport Realty Brokerage Email: 304-748-2543 jjguidarealty@jjguidarealty.net License #240300983 Listed on: 06/04/2024

Last Buyer's Agent

Amy Beaman

JJ Guida Airport Realty Brokerage Email: 304-748-2543 jjguidarealty@jjguidarealty.net License #240300983 Listed on: 06/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1910

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 17 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 1-Story Property
  • 1.6 Acre Lot
  • Basement

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number Map F14G 0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,845

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1910
  • Attribution Contact: 304-748-2543 jjguidarealty@jjguidarealty.net
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two
  • Reso Property Condition: Unknown
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 17
  • Total Bedrooms: 17
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Acres: 1.6
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • LaundryFeatures: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Brooke WVCSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: Map F14G 0100
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities

Tax Info

  • Tax Annual Amount: 2845.0

Range of Values:

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Average Value
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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

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Stand Alone Refi Refinance Of Original Loan
Closed $112,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 For Rent $300 -36.8% --
03/06/2025 03/06/25 For Rent $475 +58.3% --
01/20/2025 01/20/25 Rented $300 0.0% --
01/20/2025 01/20/25 Under Contract -- -- --
01/07/2025 01/07/25 For Rent $300 -45.5% --
12/10/2024 12/10/24 Rented $550 0.0% --
12/10/2024 12/10/24 Under Contract -- -- --
10/16/2024 10/16/24 For Rent $550 0.0% --
07/23/2024 07/23/24 Sold $500,000 -16.7% --
06/05/2024 06/05/24 For Sale $600,000 +300.0% --
06/04/2024 06/04/24 Pending -- -- --
06/12/2014 06/12/14 Sold $150,000 -33.3% --
04/24/2014 04/24/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $225,000 -- --
Source: MLS Now

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
2024 $2,823 $91,020 $50,160 $40,860
2023 $2,845 $90,120 $50,160 $39,960
2022 $2,824 $89,040 $50,160 $38,880
2021 $2,897 $90,900 $50,160 $40,740
2020 $2,827 $90,600 $50,160 $40,440
2019 $2,802 $89,760 $50,160 $39,600
2018 $2,775 $88,680 $50,160 $38,520
2017 $2,740 $87,660 $50,160 $37,500
2016 $2,692 $86,640 $50,160 $36,480
2015 $2,684 $86,820 $50,160 $36,660
2014 $4,020 $128,580 $50,160 $78,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5043782

MLS Now

APN: 05F14G01000000