NOT LISTED FOR SALE

1723 Freeport Rd New Kensington, PA 15068

Estimated Value: $82,083 - $121,000

-- Bed
-- Bath
-- Sq Ft
4,108 Sq Ft Lot

Last Sold October 11, 2024

Last sale price $93,000

Est. 5% increase in value since last sale

Current estimated payment $756/month

223 Days on Market

About This Home

As of October 2024

CASH FLOWING INVESTMENT! Two units on one lot, both currently tenant occupied. Front house is a 3 bed/1.5 bath home with many recent upgrades. Front House is now vacant...tenant was paying $1050/mo plus ALL utilities. Back unit is a 1 bed/1 bath apartment above a garage which the tenant is currently using for storage. Long term tenant in this unit who has maintained the property tremendously over the years! This tenant is paying $500/mo plus ALL utilities. Recent updates include new furnace/AC in front unit, new water heater, upgraded flooring throughout, and much more. Don't miss this opportunity to add to your investment portfolio!!

Last Agent to Sell the Property

Max Feinberg

CROWN HOMES REAL ESTATE License #RS341613 Listed on: 02/28/2024

CROWN HOMES REAL ESTATE

Last Buyer's Agent

Brandon Simmons

REALTY ONE GROUP LANDMARK

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,108 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Additional Features

  • Basement

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Municipality: Arnold
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.0943
  • Lot Size: 0.0943
  • Garage Yn: Yes
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Garage, On Street
  • Total Parking Spaces: 1.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: New Kensington/Arnold

Lot Info

  • Zoning: B-1
  • Zoning Description: B-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 18600.0

Tax Info

  • Tax Annual Amount: 2719.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Oct 10, 2024
Sold by
Rew Peter
Bought by
M2 Two Llc
Seller's Agent
Max Feinberg
CROWN HOMES REAL ESTATE
Buyer's Agent
Brandon Simmons
REALTY ONE GROUP LANDMARK
List Price
$109,000
Sold Price
$93,000
Premium/Discount to List
-$16,000
-14.68%
Views
66
Current Estimated Value
$98,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,021
Avg. Annual Appreciation
5.40%
Original Mortgage
$69,750
Outstanding Balance
$66,927
Interest Rate
5.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$31,094

Purchase Details

Listed on
Dec 14, 2020
Closed on
May 8, 2021
Sold by
Orr Wendell E
Bought by
Rew Peter
Seller's Agent
John Marzullo
COMPASS PENNSYLVANIA, LLC
Buyer's Agent
Max Feinberg
CROWN HOMES REAL ESTATE
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$58,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2009
Sold by
Medelowski Terrence J and Mendelowski Junnie L
Bought by
Orr Wendel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2002
Sold by
Barth Catherine M
Bought by
Mendelowski Terrence J and Mendelowski Junnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
7.13%
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
M2 Two Llc $93,000 Brokers Settlement Services
Rew Peter $730,000 Avenue To Close Settlement
Orr Wendel E $60,652 None Available
Mendelowski Terrence J $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M2 Two Llc $69,750
Previous Owner Rew Peter $58,400
Previous Owner Orr Wendel E $53,600
Previous Owner Mendelowski Terrence J $35,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $93,000 -10.6% --
07/22/2024 07/22/24 Price Changed $104,000 -4.6% --
07/10/2024 07/10/24 Price Changed $109,000 0.0% --
07/10/2024 07/10/24 For Sale $109,000 +4.8% --
06/10/2024 06/10/24 Off Market $104,000 -- --
05/24/2024 05/24/24 Price Changed $104,000 -13.3% --
04/01/2024 04/01/24 Price Changed $119,900 -4.0% --
03/01/2024 03/01/24 For Sale $124,900 +68.8% --
06/02/2021 06/02/21 Sold $74,000 -1.2% -- View Prior Sale
01/26/2021 01/26/21 For Sale $74,900 0.0% --
01/18/2021 01/18/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $74,900 -- --
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 $2,861 $16,720 $2,250 $14,470
2024 $2,836 $16,720 $2,250 $14,470
2023 $2,694 $16,720 $2,250 $14,470
2022 $2,618 $16,720 $2,250 $14,470
2021 $2,563 $16,720 $2,250 $14,470
2020 $2,512 $16,720 $2,250 $14,470
2019 $2,504 $16,720 $2,250 $14,470
2018 $2,471 $16,720 $2,250 $14,470
2017 $2,471 $16,720 $2,250 $14,470
2016 $2,471 $16,720 $2,250 $14,470
2015 $2,471 $16,720 $2,250 $14,470
2014 $2,385 $16,720 $2,250 $14,470
Source: Public Records

Agents Affiliated with this Home

  • Max Feinberg

    Seller's Agent in 2024

    Max Feinberg

    CROWN HOMES REAL ESTATE

    (412) 999-6272

    6 in this area

    107 Total Sales

    Max Feinberg
    Section Image
  • Brandon Simmons

    Buyer's Agent in 2024

    Brandon Simmons

    REALTY ONE GROUP LANDMARK

    (724) 290-1692

    1 in this area

    112 Total Sales

    Brandon Simmons
    Section Image
  • John Marzullo

    Seller's Agent in 2021

    John Marzullo

    COMPASS PENNSYLVANIA, LLC

    (724) 269-2929

    18 in this area

    1,169 Total Sales

    John Marzullo
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1642885

West Penn Multi-List

APN: 02-02-08-0-086

Pennsylvania Westmoreland County New Kensington 15068

1723 Freeport Rd, New Kensington, PA

This home is located at 1723 Freeport Rd, New Kensington, PA 15068 since 28 February 2024 and is currently estimated at $98,021. 1723 Freeport Rd is a home located in Westmoreland County with nearby schools including Mary Queen of Apostles School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Penn Multi-List IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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