NOT LISTED FOR SALE

114 S Main St Homer City, PA 15748

Estimated Value: $129,783

4 Beds
2 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $80,000

Est. 62% increase in value since last sale

Current estimated payment $918/month

16 Days on Market

About This Home

As of August 2018

What a great investment opportunity this is! This well maintained, two-story duplex and fantastic vacant commercial building are located in downtown Homer City on Main St next to local businesses. A lot of foot traffic for a potential small business, leaves for endless possibilities. Coffee shop, hair salon, professional office, ice cream parlor, let your imagination run wild. With a duplex and commercial building, the potential for three rental incomes is there. Don't want to rent? The duplex could easily be transformed back to a single family home. Don't miss out on this opportunity!

Last Agent to Sell the Property

Nathan Kamler

RE/MAX REAL ESTATE SPECIALIST Listed on: 07/10/2018

RE/MAX REAL ESTATE SPECIALIST

Last Buyer's Agent

LeeAnn Henry

REALTY ONE GROUP LANDMARK

REALTY ONE GROUP LANDMARK

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Stucco

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 21-001-116.00

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

4

Listing Details

  • Area Description Sort: Center Twp/Homer Cty
  • Total Assessed Value: 99500
  • Construction: Stucco
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 21-001-116.00
  • Property Type: Multi-Unit
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 0.80808
  • Ratio Close Price By Original Li: 0.80808
  • School Transportation: Yes
  • Type Of Property: Duplex
  • Years Old: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Insulation: Unknown
  • Roof: Asphalt

Garage/Parking

  • Parking Description: Off-Street Parking
  • Parking Spaces: 4

Lot Info

  • Lot Size: 0.2149
  • Zoning: Boro

Multi Family

  • Gross Annual Income: 15000

Tax Info

  • Taxes: 2437

MLS Schools

  • School District: Homer Center

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 30, 2018
Sold by
Briscoe Melanie A
Bought by
Henigin Matthew R and Henigin Daneale A
Seller's Agent
Nathan Kamler
RE/MAX REAL ESTATE SPECIALIST
Buyer's Agent
LeeAnn Henry
REALTY ONE GROUP LANDMARK
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%
Current Estimated Value
$129,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,783
Avg. Annual Appreciation
6.91%
Original Mortgage
$64,000
Outstanding Balance
$39,410
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$90,373
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
Henigin Matthew R $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henigin Matthew R $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $80,000 -19.2% --
07/10/2018 07/10/18 For Sale $99,000 -- --
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 $2,799 $99,500 $14,400 $85,100
2024 $2,759 $99,500 $14,400 $85,100
2023 $2,613 $99,500 $14,400 $85,100
2022 $2,496 $99,500 $14,400 $85,100
2021 $2,496 $99,500 $14,400 $85,100
2020 $2,450 $99,500 $14,400 $85,100
2018 $2,437 $99,500 $14,400 $85,100
2017 $2,448 $99,500 $14,400 $85,100
2016 -- $99,500 $14,400 $85,100
2015 -- $16,150 $3,100 $13,050
2014 -- $16,150 $3,100 $13,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1347875

West Penn Multi-List

APN: 21-001-116