$142,500
SOLD NOV 20, 2013

1615 Sumac St McKeesport, PA 15132

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Recently Sold

19% Below List Price

About This Home

As of June 2021

Outstanding Investment Opportunity! Brick,4 Units, each with 2BR, 1BA. Fully Rented. 4 Integral Garages for Tenants, or Rent Them Out. Units have Separate Electric & Gas. Each Unit has their Own Furnace & Hot Water Tank. Separate, Updated Electric Boxes. 4 Refrigerators & 4 Stoves are Included. Coin Operated Washer & Dryer for Additional Income! Window ACs for all Units Included. Units Have Large, Eat-in- Kitchens. Great Location, Close to Transportation & Schools. Units each have their own Storage areas.

Last Agent to Sell the Property

Samuel Pace

BERKSHIRE HATHAWAY THE PREFERRED REALTY Listed on: 04/06/2013

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Last Buyer's Agent

Ron May

BERKSHIRE HATHAWAY THE PREFERRED REALTY

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,440

Parking

  • 4 Car Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction

Additional Features

  • Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0381-G-00063-0000-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,440

Lot Details

0

Parking

4

Listing Details

  • Area Description Sort: McKeesport
  • Basement Description: Full
  • Construction: Brick
  • Disclaimer: Information Deemed Reliable But Not Guaranteed
  • Map Num Block Num Lot Num Info: 0381-G-00063-0000-00
  • Property Type: Multi-Unit
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 0.81429
  • Ratio Close Price By Original Li: 0.81429
  • School Transportation: Yes
  • Type Of Property: Fourplex
  • Years Old: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Utilities Available: Electricity, Gas, Sewer, Water

Schools

  • School District: McKeesport Area

Lot Info

  • Lot Size: 102x51x102x46 M/L
  • Parcel Number: 1615 SUMAC 262001

Tax Info

  • Taxes: 2440

Multi Family

  • Unit Count: 4

MLS Schools

  • School District: McKeesport Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jun 2, 2021
Sold by
Sauer Henry
Bought by
Next Level Development Llc
Seller's Agent
Henry Sauer
COLDWELL BANKER REALTY
Buyer's Agent
Michael Reed
COLDWELL BANKER REALTY
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%
Current Estimated Value
$181,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,667
Avg. Annual Appreciation
3.20%
Original Mortgage
$205,000
Outstanding Balance
$185,602
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$7,935

Purchase Details

Listed on
Apr 6, 2013
Closed on
Nov 20, 2013
Sold by
Papageorgiou John
Bought by
Sauer Henry
Seller's Agent
Samuel Pace
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Buyer's Agent
Ron May
BERKSHIRE HATHAWAY THE PREFERRED REALTY
List Price
$175,000
Sold Price
$142,500
Premium/Discount to List
-$32,500
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Original Mortgage
$106,875
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Kachman Ronald
Bought by
Papageorgiou John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.9%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $155,000 --
Warranty Deed $155,000 None Available
Special Warranty Deed $142,500 --
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,000 Future Advance Clause Open End Mortgage
Previous Owner $106,875 New Conventional
Previous Owner $76,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $155,000 -13.4% --
03/11/2021 03/11/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $179,000 -5.3% --
10/18/2020 10/18/20 Price Changed $189,000 -5.0% --
10/02/2020 10/02/20 For Sale $199,000 +39.6% --
11/20/2013 11/20/13 Sold $142,500 -18.6% --
09/25/2013 09/25/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $175,000 -- --
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 $4,540 $98,300 $4,900 $93,400
2024 $4,540 $98,300 $4,900 $93,400
2023 $4,540 $98,300 $4,900 $93,400
2022 $4,540 $98,300 $4,900 $93,400
2021 $3,397 $98,300 $4,900 $93,400
2020 $4,462 $98,300 $4,900 $93,400
2019 $2,995 $98,300 $4,900 $93,400
2018 $465 $98,300 $4,900 $93,400
2017 $2,726 $98,300 $4,900 $93,400
2016 $465 $98,300 $4,900 $93,400
2015 $465 $98,300 $4,900 $93,400
2014 $2,008 $98,300 $4,900 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 955720

West Penn Multi-List

APN: 0381-G-00063-0000-00