NOT LISTED FOR SALE

23 S 4th St Newport, PA 17074

Estimated Value: $113,601

-- Bed
-- Bath
1,468 Sq Ft
$77/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $109,900 $75 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $709/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Electric Baseboard Heater
  • Porch
  • Paneling
  • Wood Siding

About This Home

As of April 2024

Two Unit Multi-Family unit located in Newport Borough’s Commercial District. First floor with one bedroom, one bath, living room, country kitchen with laundry hookups. Second floor with one bedroom, one bath, living room and eat in kitchen. Both units currently vacant and can be rented quickly. Off Street parking in rear of home off alley. Unfinished basement for storage. Projected rents are $650 and $550. Place you own tenants. Turn key rentals ready for occupancy.

Last Agent to Sell the Property

Tim Clouser

RE/MAX Realty Select License #AB051801L Listed on: 03/18/2024

RE/MAX Realty Select

Last Buyer's Agent

Tim Clouser

RE/MAX Realty Select License #AB051801L Listed on: 03/18/2024

RE/MAX Realty Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $905

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30 x 140
  • Back Yard
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Plaster Walls
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • Paneling
  • Double Pane Windows
  • Replacement Windows
  • Unfinished Basement
  • Rear Basement Entry
  • Electric Oven or Range

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Off-Street Spaces
  • Alley Access
  • Gravel Driveway

Outdoor Features

  • Porch

Schools

  • Newport Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 120/240V
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, sewer, real estate taxes
  • Assessor Parcel Number 190-046.04-197.000

Community Details

Overview

  • 2 Units
  • 3-Story Building
  • Newport Subdivision

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $900
  • Maintenance Expense $500
  • Gross Income $13,395
  • Net Operating Income $9,358

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$905

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Two Unit Multi-Family unit located in Newport Borough’s Commercial District. First floor with one bedroom, one bath, living room, country kitchen with laundry hookups. Second floor with one bedroom, one bath, living room and eat in kitchen. Both units currently vacant and can be rented quickly. Off Street parking in rear of home off alley. Unfinished basement for storage. Projected rents are $650 and $550. Place you own tenants. Turn key rentals ready for occupancy.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Window Features: Double Pane, Replacement
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls, Paneled Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Rear Entrance, Unfinished
  • Total Sq Ft: 1468
  • Living Area Sq Ft: 1468
  • Price Per Sq Ft: 74.86
  • Above Grade Finished Sq Ft: 1468
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Wood Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Paved
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Alley
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service, Circuit Breakers, 120/240V
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: DSL, Cable, Broadband

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: NEWPORT
  • Elementary School: NEWPORT
  • Middle School: NEWPORT MIDDLE
  • High School: NEWPORT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396209
  • School District Source: Listing Agent
  • Elementary School: NEWPORT
  • High School: NEWPORT
  • Middle Or Junior School: NEWPORT MIDDLE

Lot Info

  • Land Use Code: 105
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.10
  • Lot Dimensions: 30 x 140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: C-1
  • Zoning Description: Commercial Neighborhood

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 14100.00
  • Vacation Rental: No

Tax Info

  • School Tax: 591.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 905.00
  • Assessor Parcel Number: 190-046.04-197.000
  • Tax Total Finished Sq Ft: 1468
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/11/2024

Multi Family

  • Number Of Units Vacant: 2
  • Furniture Replacement Expense: 500.00
  • Gross Income: 13395.00
  • Gross Scheduled Income: 13395.00
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: NEWPORT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 10, 2024
Sold by
Wilhelm Properties Llc
Bought by
Derr Daniel W and Derr Shirley R
Seller's Agent
Tim Clouser
RE/MAX Realty Select
Buyer's Agent
Tim Clouser
RE/MAX Realty Select
List Price
$109,900
Sold Price
$109,900
Views
75
Current Estimated Value
$113,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,701

Purchase Details

Closed on
Feb 23, 2012
Sold by
Wilhelm Walter C
Bought by
Wilhelm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2010
Sold by
Bream Susan K
Bought by
Wilhelm Walter C
Source: Public Records

Range of Values:

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Average Value
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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
Derr Daniel W $109,900 None Listed On Document
Wilhelm Properties Llc -- None Available
Wilhelm Walter C $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilhelm Properties Llc $25,000
Previous Owner Wilhelm Walter C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $109,900 0.0% $75 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $109,900 -- $75 / Sq Ft
Source: Bright MLS

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 $966 $36,700 $22,200 $14,500
2024 $936 $36,700 $22,200 $14,500
2023 $918 $36,700 $22,200 $14,500
2022 $904 $36,700 $22,200 $14,500
2021 $880 $36,700 $22,200 $14,500
2020 $835 $36,700 $22,200 $14,500
2019 $821 $36,700 $22,200 $14,500
2018 $812 $36,700 $22,200 $14,500
2017 $801 $36,700 $22,200 $14,500
2016 -- $36,700 $22,200 $14,500
2015 -- $36,700 $22,200 $14,500
2014 $777 $36,700 $22,200 $14,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPY2003936

Bright MLS

APN: 190-046.04-197.000