NOT LISTED FOR SALE

114 E 2nd Ave Latrobe, PA 15650

Estimated Value: $296,942

-- Bed
-- Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold October 25, 2017

Last sale price $205,000

Est. 45% increase in value since last sale

Current estimated payment $1,888/month

131 Days on Market

About This Home

As of October 2017

GREAT INCOME PRODUCING Multi-Unit (5 Units)in a GREAT LOCATION! All Units Currently Rented! Each unit has a one-car garage and all units have been updated (see photos)! 3 of the units are 2 Bedroom apartments (Front Building) and 2 of the units are 1 Bedroom apartments (Rear Building). The building also includes a coin-operated washer and dryer. All updated electric hydronic baseboard heat & electric hot water. Utilities are separate and tenants pay their own. There is also separate electric & water/sewage meters that owner pays for laundry area and lighting. All units have equipped kitchens. Rear building roof only 2 years old.

Last Agent to Sell the Property

Marianne McLaughlin

WPML Inactive User File License #RS312496 Listed on: 04/19/2017

Last Buyer's Agent

Norma Nestasie

BERKSHIRE HATHAWAY THE PREFERRED REALTY

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,619

Lot Details

  • 5,009

Parking

  • Attached Garage
  • 5 Car Parking Spaces

Home Design

  • Frame Construction
  • Asphalt Roof

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 15-03-02-0-090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,619

Lot Details

0

Parking

5

Listing Details

  • Area Description Sort: Latrobe
  • Total Assessed Value: 21560
  • Construction: Brick, Frame
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 15-03-02-0-090
  • Property Type: Multi-Unit
  • Ratio Close Price By List Price: 0.85882
  • Ratio Close Price By Original Li: 0.82000
  • Years Old: 1965
  • Tour Url Branded: http://www.propertypanorama.com/instaview-tour/wpn/1273904
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Description: Integral Garage
  • Parking Spaces: 5

Utilities

  • Utilities Available: Electricity, Sewer, Water

Schools

  • School District: Greater Latrobe

Lot Info

  • Lot Size: 50x100 m/l
  • Zoning: Com

Tax Info

  • Taxes: 2619

Multi Family

  • Unit Count: 5

MLS Schools

  • School District: Greater Latrobe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2017
Closed on
Oct 24, 2017
Sold by
Chernega Paul
Bought by
Toth Rentals Llc
Seller's Agent
Marianne McLaughlin
WPML Inactive User File
Buyer's Agent
Norma Nestasie
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%
Current Estimated Value
$296,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,942
Original Mortgage
$170,400
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2009
Sold by
Investors Deal Llc
Bought by
Chernega Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2009
Sold by
Pittsburgh East Properties Lp
Bought by
Investors Deal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2008
Sold by
Marcinik Robert F and Marcinik Madolyn
Bought by
Pittsburgh East Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
6.3%
Mortgage Type
Commercial
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
Toth Rentals Llc $205,000 None Available
Chernega Paul $50,000 None Available
Investors Deal Llc -- None Available
Pittsburgh East Properties Lp $40,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toth Rentals Llc $667,500
Closed Toth Rentals Llc $170,400
Previous Owner Chernega Paul M $165,000
Previous Owner Chernega Paul $108,750
Previous Owner Pittsburgh East Properties Lp $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $205,000 -18.0% --
08/28/2017 08/28/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $250,000 -- --
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 $2,975 $21,560 $1,820 $19,740
2024 $2,975 $21,560 $1,820 $19,740
2023 $2,759 $21,560 $1,820 $19,740
2022 $2,759 $21,560 $1,820 $19,740
2021 $2,738 $21,560 $1,820 $19,740
2020 $2,700 $21,560 $1,820 $19,740
2019 $2,668 $21,560 $1,820 $19,740
2018 $2,657 $21,560 $1,820 $19,740
2017 $2,619 $21,560 $1,820 $19,740
2016 $2,598 $21,560 $1,820 $19,740
2015 $2,598 $21,560 $1,820 $19,740
2014 $2,576 $21,560 $1,820 $19,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1273904

West Penn Multi-List

APN: 15-03-02-0-090