NOT LISTED FOR SALE

217 E Wallace Ave New Castle, PA 16101

Estimated Value: $79,888 - $108,000

6 Beds
3 Baths
-- Sq Ft
7,057 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $55,000

Est. 59% increase in value since last sale

Current estimated payment $586/month

118 Days on Market

About This Home

As of September 2023

Investor Alert! Great Duplex on the North Hill with all separate utilities. This actually was a triplex at one time, but since 3rd floor lost its zoning for a triplex, seller never renovated it and only uses as a duplex. Each unit has 2 bedrooms, 1 bath, living & dining rooms.

Last Agent to Sell the Property

Betsy Fisher

HOWARD HANNA REAL ESTATE SERVICES License #RS-210957-L Listed on: 04/15/2023

HOWARD HANNA REAL ESTATE SERVICES

Last Buyer's Agent

Betsy Fisher

HOWARD HANNA REAL ESTATE SERVICES License #RS-210957-L Listed on: 04/15/2023

HOWARD HANNA REAL ESTATE SERVICES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,057 Sq Ft Lot
  • Lot Dimensions are 40x160

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $11,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Municipality: New Castle/2nd
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.162
  • Lot Size: 40x160
  • Directions: From Downtown, North on Highland Avenue, Right on Wallace, 2nd block on Left
  • Year Built: 1920
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished

Exterior Features

  • Roof: Asphalt
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: New Castle

Lot Info

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

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3
  • Annual Gross Income: 11400.0

Tax Info

  • Tax Annual Amount: 1498.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Sep 1, 2023
Sold by
Jarvis Cayla
Bought by
Kad Asset Management Llc
Seller's Agent
Betsy Fisher
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Betsy Fisher
HOWARD HANNA REAL ESTATE SERVICES
List Price
$55,000
Sold Price
$55,000
Views
50
Current Estimated Value
$87,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,454
Avg. Annual Appreciation
26.35%
Original Mortgage
$352,000
Outstanding Balance
$344,534
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$250,562

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 5, 2017
Sold by
Equity Trust Company
Bought by
East Cleveland Investments Llc
Seller's Agent
Betsy Fisher
HOWARD HANNA REAL ESTATE SERVICES
Buyer's Agent
Betsy Fisher
HOWARD HANNA REAL ESTATE SERVICES
List Price
$15,000
Sold Price
$12,800
Premium/Discount to List
-$2,200
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.41%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Albano John J
Bought by
Equity Trust Company and Deborah Strano Ira

Purchase Details

Closed on
Oct 26, 2011
Sold by
Sundahl Ingrid and Rest Herman Van Der
Bought by
Albano John J

Purchase Details

Closed on
Mar 28, 2007
Sold by
Mims Realty Llc
Bought by
Sundahl Ingrid and Rest Herman Van Der

Purchase Details

Closed on
Sep 14, 2006
Sold by
Affordbale Housing Of Lawrence County In
Bought by
Mims Realty Llc

Purchase Details

Closed on
Dec 6, 2005
Sold by
Derosa Nick and Orlando John A
Bought by
Affordable Housing Of Lawrence County In
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kad Asset Management Llc $440,000 Corporation Service
East Cleveland Investments Llc $12,800 None Available
Equity Trust Company $35,000 None Available
Albano John J $12,000 None Available
Sundahl Ingrid $50,000 None Available
Mims Realty Llc $2,000 None Available
Affordable Housing Of Lawrence County In $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kad Asset Management Llc $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2023 09/14/23 Sold $55,000 0.0% --
08/12/2023 08/12/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $55,000 +329.7% --
04/07/2017 04/07/17 Sold $12,800 -14.7% -- View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $15,000 -- --
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 $1,521 $36,700 $6,700 $30,000
2024 $1,499 $36,700 $6,700 $30,000
2023 $1,499 $36,700 $6,700 $30,000
2022 $1,498 $36,700 $6,700 $30,000
2021 $1,351 $33,800 $6,700 $27,100
2020 $1,351 $33,800 $6,700 $27,100
2019 $1,318 $33,800 $6,700 $27,100
2018 $1,318 $33,800 $6,700 $27,100
2017 $1,290 $33,800 $6,700 $27,100
2016 $611 $33,800 $6,700 $27,100
2015 $611 $33,800 $6,700 $27,100
2014 $611 $33,800 $6,700 $27,100
Source: Public Records

Agents Affiliated with this Home

  • Betsy Fisher

    Seller's Agent in 2023

    Betsy Fisher

    HOWARD HANNA REAL ESTATE SERVICES

    (724) 652-3159

    123 in this area

    182 Total Sales

    Betsy Fisher
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Map

Source: West Penn Multi-List

MLS Number: 1599865

West Penn Multi-List

APN: 02-074200

Pennsylvania Lawrence County New Castle 16101

217 E Wallace Ave, New Castle, PA

Not Listed for Sale

MultiFamily

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