NOT LISTED FOR SALE

16 Chestnut St Cressona, PA 17929

Estimated Value: $76,006

-- Bed
3 Baths
3,048 Sq Ft
$25/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $45,200 $15 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $580/month

84 Days on Market

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • 5-minute walk to Cressona School
  • No HOA

About This Home

As of January 2020

Great Investment opportunity with this 4 unit income producing property! Tenants pay electric heat and there is coin operated laundry in basement.

Last Agent to Sell the Property

Tracey Kreiser

(570) 640-3199 tkreiser2012@gmail.com Saunders Real Estate License #AB068397 Listed on: 10/16/2019

Last Buyer's Agent

Tracey Kreiser

(570) 640-3199 tkreiser2012@gmail.com Saunders Real Estate License #AB068397 Listed on: 10/16/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 3,048 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof
  • Vinyl Siding

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 41-07-0050

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1850
  • Remarks Public: Great Investment opportunity with this 4 unit income producing property! Tenants pay electric heat and there is coin operated laundry in basement.
  • Special Features: None

Interior Features

  • Total Sq Ft: 3048
  • Living Area Sq Ft: 3048
  • Price Per Sq Ft: 19.65
  • Above Grade Finished Sq Ft: 3048
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Rubber, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: BLUE MOUNTAIN
  • School District Key: 300200397115
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 374
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: C

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1160.00
  • Tax Annual Amount: 1865.00
  • Assessor Parcel Number: 41-07-0050
  • Tax Lot: 50
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/31/2020

MLS Schools

  • School District Name: BLUE MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Jan 31, 2020
Sold by
Zerbe Cody L
Bought by
Spence Cynthia
Seller's Agent
Tracey Kreiser
Saunders Real Estate
Buyer's Agent
Tracey Kreiser
Saunders Real Estate
List Price
$69,900
Sold Price
$45,200
Premium/Discount to List
-$24,700
-35.34%
Current Estimated Value
$76,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,806
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Moyer Douglas D and Moyer Mary Jo
Bought by
Zerbe John F and Zerbe Cody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Spence Cynthia $45,200 None Available
Zerbe John F $66,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zerbe John F $49,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $45,200 -24.5% $15 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
12/05/2019 12/05/19 Price Changed $59,900 -14.3% $20 / Sq Ft
10/16/2019 10/16/19 For Sale $69,900 -- $23 / Sq Ft
Source: Bright MLS

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 $2,132 $29,445 $3,030 $26,415
2024 $1,948 $29,445 $3,030 $26,415
2023 $1,948 $29,445 $3,030 $26,415
2022 $1,948 $29,445 $3,030 $26,415
2021 $1,920 $29,445 $3,030 $26,415
2020 $1,865 $29,445 $3,030 $26,415
2018 $1,802 $29,445 $3,030 $26,415
2017 $1,772 $29,445 $3,030 $26,415
2015 -- $29,445 $3,030 $26,415
2011 -- $29,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PASK128306

Bright MLS

APN: 41-07-0050.000