NOT LISTED FOR SALE

311 Spruce St Unit 2 Altoona, PA 16602

Lakemont Neighborhood

Estimated Value: $116,000 - $206,143

-- Bed
-- Bath
1,350 Sq Ft
$115/Sq Ft Est. Value

Last Sold December 10, 2012

Last sale price $25,651 $19 Per Sq Ft

Est. 538% increase in value since last sale

Current estimated payment $1,055/month

12 Days on Market

About This Home

As of December 2012

Side-by-side double house in Lakemont. Needs TLC, but perfect for first time home buyer or investor. Separate utilities, 1 car detached garage w/ open breezeway to main house. Each unit features 2 BR, living room, dining room, kitchen and walk up attic for plenty of storage. Property sold as-is. Seller will make no repairs. Offers must be submitted through HUD approved broker. Buyer pays both transfer taxes. Marketed by MMREM.com. More properties at www.HUDhomestore.com. Exclusive agency.

Last Agent to Sell the Property

Matthew Evey

John Hill Real Estate License #RM419258 Listed on: 10/17/2012

Last Buyer's Agent

Daniel Laratonda

Re/max Results Realty Group License #RS213815L

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 1,350 Sq Ft Home
  • Duplex

Parking

  • Detached Garage
  • Driveway

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-15A G-52-1

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.09
  • Subdivision Name: Other
  • Directions: Cross streets: Wharton Avenue and Spruce Street, Altoona (Lakemont)
  • Above Grade Finished Sq Ft: 1350.0
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Driveway, Other
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • General Property Information:_pound_ Garages: 1
  • Parking Features:Other24: Yes

Utilities

  • Cooling: None
  • Heating: Ceiling, Natural Gas
  • Sewer: Public Sewer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public, Separate Meters
  • Heating:Natural Gas: Yes
  • Heating:Separate Meters: Yes
  • Heating:Ceiling: Yes

Schools

  • Junior High Dist: Altoona

Lot Info

  • Zoning: Multi-Family
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 14-15A G-52-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 658.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2013
Sold by
Cartwright Wilbert C and Cartwright Dawn L
Bought by
Reeder John A and Reeder Rebecca M
Current Estimated Value
$163,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,663
Outstanding Balance
$92,126
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$53,165

Purchase Details

Closed on
Aug 15, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 24, 2012
Sold by
Stone David P
Bought by
Wells Fargo Bank Na and Norwest Mortgage Inc
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
Reeder John A $129,000 Jmc Title Co
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $1,994 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeder John A $25,000
Open Reeder John A $126,663
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2012 12/10/12 Sold $25,651 -40.3% $19 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $43,000 -- $32 / Sq Ft
Source: Allegheny Highland Association 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 $1,918 $131,300 $15,000 $116,300
2024 $1,827 $131,300 $15,000 $116,300
2023 $1,624 $131,300 $15,000 $116,300
2022 $1,594 $131,300 $15,000 $116,300
2021 $1,529 $131,300 $15,000 $116,300
2020 $1,526 $131,300 $15,000 $116,300
2019 $1,479 $131,300 $15,000 $116,300
2018 $1,423 $131,300 $15,000 $116,300
2017 $7,809 $131,300 $15,000 $116,300
2016 $329 $6,720 $480 $6,240
2015 $329 $6,720 $480 $6,240
2014 $329 $6,720 $480 $6,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Highland Association of REALTORS®

MLS Number: 34405

Allegheny Highland Association of REALTORS®

APN: 14-00020341