NOT LISTED FOR SALE

209 Pearson St New Castle, PA 16101

Estimated Value: $52,000 - $84,000

8 Beds
4 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $26,000

Est. 177% increase in value since last sale

Current estimated payment $474/month

51 Days on Market

About This Home

As of July 2021

Hello, investors! Be sure to check out this incredible opportunity. This huge multi-unit is ready for you to finish and unleash its rental potential. The first floor is currently rented by a long-term tenant of about 20 years. The other two floors could make this a 5 unit property, with 2 units on each floor. They are in need of a rehab, but would turn this building into a great investment property. Additionally, there are separate electric meters.

Last Agent to Sell the Property

Lauren Visnansky

EXP REALTY LLC Listed on: 04/29/2021

EXP REALTY LLC

Last Buyer's Agent

David Brunton

YOUR TOWN REALTY LLC License #RS306415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Additional Features

  • Basement

Community Details

  • 5 Units
  • Gross Income $6,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Municipality: New Castle/4th
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.1
  • Lot Size: 0.1
  • Directions: From PA-168, turn R onto W Pittsburg Rd, R onto E Division St, L onto Pearson St
  • Year Built: 1930
  • Property Sub Type Additional: Triplex,Other
  • Special Features: None

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Junior High Dist: New Castle

Lot Info

  • Zoning: R-2
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Annual Gross Income: 6600.0
  • Vacancy Allowance Rate: 80.0

Tax Info

  • Tax Annual Amount: 1118.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Sep 23, 2020
Sold by
Logan Valli J
Bought by
Reignbrook 2 Llc
Seller's Agent
AnnaMarie DeFrank
COMPASS PENNSYLVANIA, LLC
Buyer's Agent
Chad Leonberg
EXP REALTY LLC
List Price
$37,900
Sold Price
$16,000
Premium/Discount to List
-$21,900
-57.78%
Current Estimated Value
$72,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,011
Avg. Annual Appreciation
34.46%
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
Reignbrook 2 Llc $16,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2021 07/16/21 Sold $26,000 -42.1% --
06/19/2021 06/19/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $44,900 +180.6% --
09/25/2020 09/25/20 Sold $16,000 -57.8% -- View Prior Sale
01/21/2020 01/21/20 For Sale $37,900 -- --
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 $1,168 $29,100 $3,900 $25,200
2024 $1,151 $29,100 $3,900 $25,200
2023 $1,151 $29,100 $3,900 $25,200
2022 $1,151 $29,100 $3,900 $25,200
2021 $1,118 $29,100 $3,900 $25,200
2020 $1,118 $29,100 $3,900 $25,200
2019 $1,089 $29,100 $3,900 $25,200
2018 $1,089 $29,100 $3,900 $25,200
2017 $1,068 $29,100 $3,900 $25,200
2016 $489 $29,100 $3,900 $25,200
2015 $489 $29,100 $3,900 $25,200
2014 $489 $29,100 $3,900 $25,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1496630

West Penn Multi-List

APN: 04-134900