NOT LISTED FOR SALE

286 S 5th Ave Clarion, PA 16214

Estimated Value: $200,387

-- Bed
-- Bath
3,928 Sq Ft
$51/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $190,000 $48 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,399/month

20 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Main Floor Bedroom
  • Cooling Available
  • Forced Air Heating System

About This Home

As of May 2024

Investment opportunity outside of the borough! 3 apartments located on the first floor and 9 1 room units with keypads on each door upstairs and each unit rents for $650 per person. The first floor features: Apt A: 1 BR, 3/4 Bath, kitchen, LR includes appliances and rents for $850, Apt B: 2 BR, 3/4 bath, kitchen, LR, includes appliances and rents for $950, Apt C: 2 BR, 3/4 bath, large LR rents for $850. All utilities, garbage, internet, and laundry area are included. The upstairs has a community kitchen, living room and bathroom with 2 showers. There is a front and back deck. This property has plenty of parking, a yard, and is walking distance to town, Pennwest University, and Walmart with side walks directly across from the building. The income potential for a fully rented building is estimated at $102K per year and will depend on management and demand.

Last Agent to Sell the Property

Cheyna Griggs

EXP Realty, LLC Brokerage Phone: 8883977352 License #AB068319 Listed on: 04/26/2024

EXP Realty, LLC

Last Buyer's Agent

Non-member Non-member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75' x 80'

Parking

  • 12 Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 3,928 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 13,500

Community Details

Overview

  • 12 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,612

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 75' X 80'
  • Exclusions: Tenants personal property
  • Directions: Head southeast on Main St toward N 5th Ave 144 ft, Turn right onto S 5th Ave, Propterty will be on the right.
  • Building Stories: 3
  • Year Built: 1940
  • Attribution Contact: 8883977352
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Stove, Unit 2 Stove, Unit 1 Refrigerator, Unit 2 Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space, Full, Walk-Out Access
  • Basement YN: Yes
  • Flooring: Laminate
  • Interior Amenities: Main Level Bedroom

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • Cooling: Room
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Schools

  • Junior High Dist: Clarion-Limestone

Lot Info

  • Lot Size Sq Ft: 13068
  • Zoning: None

Multi Family

  • Number Of Units Total: 12
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 3612
  • Tax Map Number: 13,500
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 28, 2024
Sold by
Mjz Select Properties Llc
Bought by
Najeras Property 1 Llc
Seller's Agent
Cheyna Griggs
EXP Realty, LLC
Buyer's Agent
Non-member Non-member
Non-Member
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%
Views
2
Current Estimated Value
$200,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,387

Purchase Details

Closed on
Nov 14, 2022
Sold by
Rvm Holdings Llc
Bought by
Mjz Select 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
$75,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Patton William D and Patton Pamela J
Bought by
Rvm Holdings Llc
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
Najeras Property 1 Llc $190,000 None Listed On Document
Mjz Select Properties Llc $100,000 Allegheny Realty Settlement
Rvm Holdings Llc $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mjz Select Properties Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $190,000 -7.3% $48 / Sq Ft
05/03/2024 05/03/24 For Sale $205,000 -- $52 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

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 $3,966 $44,620 $2,630 $41,990
2024 $3,612 $44,620 $2,630 $41,990
2023 $3,791 $44,620 $2,630 $41,990
2022 $3,855 $44,620 $2,630 $41,990
2021 $3,877 $44,620 $2,630 $41,990
2020 $3,653 $44,620 $2,630 $41,990
2019 $3,653 $44,620 $2,630 $41,990
2018 $3,653 $44,620 $2,630 $41,990
2017 $3,653 $44,620 $2,630 $41,990
2016 $3,603 $44,620 $2,630 $41,990
2014 -- $44,620 $2,630 $41,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 159149

APN: 006-005450