NOT LISTED FOR SALE

Estimated Value: $145,000 - $216,000

4 Beds
4 Baths
-- Sq Ft
4,678 Sq Ft Lot

Last Sold April 02, 2024

Last sale price $175,000

Current estimated payment $1,055/month

226 Days on Market

About This Home

As of April 2024

Calling all investors - 218 Suncrest is your next cash-flowing multifamily turnkey investment property with some already in-place tenants! It features 3 units with gross rents exceeding the gold-standard "1% rule." with opportunity for new owners to increase rent to current market rate. It features updated flooring, windows, and on-site laundry facilities. The seller recently had basement walls scraped, and dryloked.

A short 10 minute drive from downtown and major attractions, hospitals, and businesses - this is a prime property and location for your next investment in Steel City.

Last Agent to Sell the Property

Laun Silk

COLDWELL BANKER REALTY License #RS363506 Listed on: 08/19/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Amanda Houston

REALTY ONE GROUP GOLD STANDARD

REALTY ONE GROUP GOLD STANDARD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1900

Lot Details

  • 4,678

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Asphalt Roof

Additional Features

  • Walk-Up Access
  • 4,678 Sq Ft Lot

Community Details

Overview

  • 3 Units
  • Knoxville Land&Improvement Co Subdivision

Amenities

  • Public Transportation

Building Details

  • Insurance Expense $1,573
  • Maintenance Expense $1,000
  • Gross Income $27,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,719

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: Knoxville
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.1074
  • Lot Size: 0.1074
  • Subdivision Name: Knoxville Land&Improvement Co
  • Directions: S 18th St to Suncrest St.
  • Year Built: 1900
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Basement: Walk-Up Access

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 839.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Pittsburgh

Lot Info

  • Zoning: MULTI
  • Zoning Description: MULTI
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 27180.0
  • Insurance Expense: 1573.0
  • Maintenance Expense: 1000.0

Tax Info

  • Tax Annual Amount: 1719.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Mar 19, 2024
Sold by
Oduwa Realty Llc
Bought by
Bertan William
Seller's Agent
Laun Silk
COLDWELL BANKER REALTY
Buyer's Agent
Amanda Houston
REALTY ONE GROUP GOLD STANDARD
List Price
$184,500
Sold Price
$175,000
Premium/Discount to List
-$9,500
-5.15%
Views
338
Current Estimated Value
$174,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$454
Avg. Annual Appreciation
-0.15%

Purchase Details

Listed on
May 6, 2022
Closed on
Aug 9, 2022
Sold by
Lc Investments Llc
Bought by
Oduwa Realty Llc
Seller's Agent
Alyxie Hill
RE/MAX REAL ESTATE SOLUTIONS
Buyer's Agent
Laun Silk
COLDWELL BANKER REALTY
List Price
$190,000
Sold Price
$168,000
Premium/Discount to List
-$22,000
-11.58%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%

Purchase Details

Closed on
Nov 5, 2018
Sold by
Gurnani Lalit and Masterson Clinton
Bought by
Lc Investments Llc

Purchase Details

Listed on
Nov 7, 2016
Closed on
Dec 4, 2017
Sold by
Elkhart Hill Properties Llc
Bought by
Gurnani Lalit and Masterson Clinton
Seller's Agent
Mark Handlovitch
RE/MAX REAL ESTATE SOLUTIONS
Buyer's Agent
Brian Teyssier
RE/MAX REAL ESTATE SOLUTIONS
List Price
$98,300
Sold Price
$98,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$73,724
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2013
Closed on
Mar 15, 2013
Sold by
Haenze Brian P
Bought by
Elkhart Hill Properties Llc
Seller's Agent
Joe Schlereth
COLDWELL BANKER REALTY
Buyer's Agent
Mark Handlovitch
RE/MAX REAL ESTATE SOLUTIONS
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Feb 22, 2002
Sold by
Gasiorowski Glenn J
Bought by
Hud

Purchase Details

Closed on
Oct 25, 1996
Sold by
Hillgartner Donald and Hillgartner Elaine
Bought by
Gasiorowski Glenn J
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
Bertan William $175,000 --
Oduwa Realty Llc $168,000 --
Oduwa Realty Llc $168,000 --
Lc Investments Llc -- None Available
Gurnani Lalit $98,300 None Available
Elkhart Hill Properties Llc $70,000 --
Hud $1,068 --
Gasiorowski Glenn J $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gurnani Lalit $73,724
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2024 04/02/24 Sold $175,000 -5.1% --
02/16/2024 02/16/24 For Sale $184,500 0.0% --
12/10/2023 12/10/23 Off Market $184,500 -- --
10/04/2023 10/04/23 Price Changed $184,500 -2.6% --
09/19/2023 09/19/23 Price Changed $189,500 -2.6% --
08/19/2023 08/19/23 For Sale $194,500 +15.8% --
08/11/2022 08/11/22 Sold $168,000 -9.2% -- View Prior Sale
07/12/2022 07/12/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $185,000 -2.6% --
05/06/2022 05/06/22 For Sale $190,000 +93.3% --
12/05/2017 12/05/17 Sold $98,300 0.0% -- View Prior Sale
09/11/2017 09/11/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $98,300 +40.4% --
03/15/2013 03/15/13 Sold $70,000 -6.7% -- View Prior Sale
02/10/2013 02/10/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $75,000 -- --
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 $1,719 $74,600 $8,700 $65,900
2024 $1,719 $74,600 $8,700 $65,900
2023 $1,719 $74,600 $8,700 $65,900
2022 $1,696 $74,600 $8,700 $65,900
2021 $1,715 $74,600 $8,700 $65,900
2020 $1,688 $74,600 $8,700 $65,900
2019 $1,688 $74,600 $8,700 $65,900
2017 $1,688 $74,600 $8,700 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1620026

West Penn Multi-List

APN: 0033-F-00104-0000-00