NOT LISTED FOR SALE

1607 Merchant St Ambridge, PA 15003

Estimated Value: $100,000 - $151,000

2 Beds
2 Baths
1,536 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $16,900 $11 Per Sq Ft

Est. 583% increase in value since last sale

Current estimated payment $645/month

About This Home

As of September 2018

Looking for investment property-this could be the one for you! Located next to historic Old Economy Village this over under duplex offers two 1 bedroom, 1 bath units with lots of storage for each, large kitchens and living rooms. Located on the bus line and just a short drive to the new cracker plant in Monaca. Close to shopping and schools and just a 30 minute drive to downtown Pittsburgh, 20 minutes to Cranberry or Pittsburgh International Airport. Bring a little TLC and upgrade this one to increase your values. Gas and electric are separate, owner pays water-sewer-garbage.

Last Agent to Sell the Property

Harriet Koedel

COLDWELL BANKER REALTY Listed on: 07/16/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Carol Tomayko

HOWARD HANNA REAL ESTATE SERVICES License #AB066255

HOWARD HANNA REAL ESTATE SERVICES

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,485

Parking

  • 4 Car Parking Spaces
  • On-Street Parking

Home Design

  • Duplex
  • Asphalt Roof

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12-005-0517.000

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

4

Listing Details

  • Area Description Sort: Ambridge
  • Total Assessed Value: 24900
  • Basement Description: unfin
  • Construction: Aluminum
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 12-005-0517.000
  • Property Type: Multi-Unit
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 0.94413
  • Ratio Close Price By Original Li: 0.94413
  • School Transportation: Yes
  • Type Of Property: Duplex
  • Years Old: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Insulation: Unknown
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Utilities Available: Electricity, Gas, Sewer, Water

Schools

  • School District: Ambridge

Lot Info

  • Lot Size: 0.08
  • Zoning: r2

Tax Info

  • Taxes: 1740

Multi Family

  • Unit Count: 2

MLS Schools

  • School District: Ambridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 30, 2018
Sold by
Fannie Mae
Bought by
Lock & Key Properties Llc
Seller's Agent
Harriet Koedel
COLDWELL BANKER REALTY
Buyer's Agent
Carol Tomayko
HOWARD HANNA REAL ESTATE SERVICES
List Price
$17,900
Sold Price
$16,900
Premium/Discount to List
-$1,000
-5.59%
Current Estimated Value
$115,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,606
Avg. Annual Appreciation
28.75%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Aug 2, 2018
Sold by
Beaver County Sheriff
Bought by
Federal National Mortgage Association
Seller's Agent
Harriet Koedel
COLDWELL BANKER REALTY
Buyer's Agent
Carol Tomayko
HOWARD HANNA REAL ESTATE SERVICES
List Price
$17,900
Sold Price
$16,900
Premium/Discount to List
-$1,000
-5.59%
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
Lock & Key Properties Llc $16,900 None Available
Lock And Key Properties Llc $16,900 Colonial Title Llc
Federal National Mortgage Association -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $16,900 -5.6% $11 / Sq Ft
07/16/2018 07/16/18 For Sale $17,900 -- $12 / Sq Ft
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 $421 $32,350 $7,600 $24,750
2024 $1,428 $32,350 $7,600 $24,750
2023 $1,792 $12,450 $2,150 $10,300
2022 $1,792 $12,450 $2,150 $10,300
2021 $1,792 $12,450 $2,150 $10,300
2020 $1,767 $12,450 $2,150 $10,300
2019 $1,767 $12,450 $2,150 $10,300
2018 $1,740 $12,450 $2,150 $10,300
2017 $1,740 $12,450 $2,150 $10,300
2016 $1,650 $12,450 $2,150 $10,300
2015 $276 $12,450 $2,150 $10,300
2014 $276 $12,450 $2,150 $10,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1349708

West Penn Multi-List

APN: 12-005-0517.000