NOT LISTED FOR SALE

1491 E Maiden St Washington, PA 15301

Estimated Value: $566,009

3 Beds
2 Baths
5,310 Sq Ft
$107/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $524,500 $99 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,572/month

5 Days on Market

Highlights

  • 2.07 Acre Lot
  • 8 Car Attached Garage
  • Public Transportation

About This Home

As of September 2023

All Brick Multi-Unit property includes the following: Main Floor Unit (pictured) is a 3 Bedroom, 2.5 Bath, 1 Car attached & 1 Car detached garage home that has been used by the homeowner since the property was built in 1970. Lower Level includes one commercial unit with a garage and one residential unit with off street parking. Second level of the property hosts three residential rental units, one 2-bedroom and two 1-bedroom units. Second level also includes a paid laundry area accessible to all tenants. Final piece of the income stream is a 2 bay "warehouse" garage that has been a storage unit for a cement contractor prior to June 2022. Main floor unit and warehouse currently seeking tenancies but factored into overall income of property.

Last Agent to Sell the Property

Eric Perrell

PARK PLACE REALTY GROUP LLC Listed on: 07/23/2023

PARK PLACE REALTY GROUP LLC

Last Buyer's Agent

Candy Oxenrider

BERKSHIRE HATHAWAY THE PREFERRED REALTY

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,168

Year Built

  • Built in 1970

Lot Details

  • 2.07 Acre Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Cedar

Parking

  • 8 Car Attached Garage
  • Off-Street Parking
  • Assigned Parking

Additional Features

  • Basement

Community Details

Building Details

  • Insurance Expense $4,559
  • Maintenance Expense $2,400
  • Vacancy Allowance $19,800
  • Gross Income $73,800

Additional Features

  • 7 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,168

Year Built

Built in 1970

Lot Details

2.07 Acres

Listing Details

  • Municipality: South Strabane
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 2.068
  • Lot Size: 2.068
  • Directions: 79S to Laboratory Exit to Right on Route 40 toward Washington to property on Right OR, from Main St. Washington, L/R on E Maiden Street driving East to property on the Left.
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Year Built: 1970
  • Property Sub Type Additional: Quadruplex,Other
  • Special Features: VirtualTour

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Brick, Cedar

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Assigned, Attached, Detached, Garage, Off Street
  • Total Parking Spaces: 8.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 17816.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Trinity Area

Lot Info

  • Zoning: C
  • Zoning Description: C
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Annual Gross Income: 73800.0
  • Insurance Expense: 4559.0
  • Maintenance Expense: 2400.0
  • Income And Expenses Vacancy Allowance: 19800
  • Vacancy Allowance Rate: 27.0

Tax Info

  • Tax Annual Amount: 7168.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Aug 30, 2023
Sold by
Shearer W Richard W and Shearer Jeffrey
Bought by
Reef Property Llc
Seller's Agent
Eric Perrell
PARK PLACE REALTY GROUP LLC
Buyer's Agent
Candy Oxenrider
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$500,000
Sold Price
$524,500
Premium/Discount to List
$24,500
4.9%
Views
93
Current Estimated Value
$566,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,509
Avg. Annual Appreciation
3.16%
Original Mortgage
$419,600
Outstanding Balance
$410,701
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$155,308
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
Reef Property Llc $524,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reef Property Llc $419,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $524,500 +4.9% $99 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/23/2023 07/23/23 For Sale $500,000 -- $94 / 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 $7,978 $382,100 $199,900 $182,200
2024 $6,882 $382,100 $199,900 $182,200
2023 $6,882 $382,100 $199,900 $182,200
2022 $6,660 $382,100 $199,900 $182,200
2021 $6,564 $382,100 $199,900 $182,200
2020 $6,564 $382,100 $199,900 $182,200
2019 $6,396 $382,100 $199,900 $182,200
2018 $6,507 $382,100 $199,900 $182,200
2017 $1,090 $382,100 $199,900 $182,200
2016 $1,090 $43,762 $4,352 $39,410
2015 -- $43,762 $4,352 $39,410
2014 $1,090 $43,762 $4,352 $39,410
2013 $1,090 $43,762 $4,352 $39,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1615959

West Penn Multi-List

APN: 6000060301000100

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