NOT LISTED FOR SALE

338 Park Rd Ambridge, PA 15003

Estimated Value: $133,000 - $152,125

2 Beds
1 Bath
1,709 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $255,000 $149 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $792/month

About This Home

As of December 2021

Great opportunity to acquire 4 units in a growing rental market! The Ambridge rental market has seen increases in market rents and property values, it's becoming a stronger and appreciating rental market. This property has 4 units and a detached garage. The main front building has a 2 story front 3bdrm unit and a rear 2nd floor 1 bedroom unit. There are 2 identical units in a rear building with central ac. The garage is leased separately for 250/month. The yard space is common and shared by all tenants. Coin operated washer/dyers shared for all tenants in common basement of main building add additional income. Fully leased.

Last Agent to Sell the Property

Ryan Brown

RIVER POINT REALTY, LLC License #RM424092 Listed on: 06/14/2021

Last Buyer's Agent

Darian Law

ETERNITY REAL ESTATE LLC License #RS347082

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1906

Lot Details

  • 4,356

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Roof

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $900
  • Maintenance Expense $1,639
  • Vacancy Allowance $1,725
  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,751

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Municipality: Ambridge
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size: .15
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Year Built: 1906
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Exterior Features

  • Roof: Asphalt
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 2100.0

Schools

  • Junior High Dist: Ambridge

Lot Info

  • Zoning: R
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Annual Gross Income: 34500.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1639.0
  • Income And Expenses Vacancy Allowance: 1725
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 2751.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Dec 10, 2021
Sold by
Sofikos Properties Llc
Bought by
Pagtj Ventures Llc
Seller's Agent
Ryan Brown
RIVER POINT REALTY, LLC
Buyer's Agent
Darian Law
ETERNITY REAL ESTATE LLC
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%
Current Estimated Value
$139,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,469
Avg. Annual Appreciation
-14.50%
Original Mortgage
$165,000
Outstanding Balance
$151,777
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
-$12,246

Purchase Details

Closed on
Nov 22, 2019
Sold by
Miller Mark
Bought by
Sofikos Properties 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
Pagtj Ventures Llc $255,000 None Listed On Document
Sofikos Properties Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagtj Ventures Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2021 12/21/21 Sold $255,000 +2.0% $149 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $249,900 -3.8% $146 / Sq Ft
06/09/2021 06/09/21 For Sale $259,900 -- $152 / Sq Ft
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 $738 $56,750 $9,000 $47,750
2024 $2,505 $56,750 $9,000 $47,750
2023 $2,023 $14,050 $3,200 $10,850
2022 $2,023 $14,050 $3,200 $10,850
2021 $2,023 $14,050 $3,200 $10,850
2020 $1,994 $14,050 $3,200 $10,850
2019 $1,994 $14,050 $3,200 $10,850
2018 $1,964 $14,050 $3,200 $10,850
2017 $1,964 $14,050 $3,200 $10,850
2016 $1,862 $14,050 $3,200 $10,850
2015 $312 $14,050 $3,200 $10,850
2014 $312 $14,050 $3,200 $10,850
Source: Public Records

Agents Affiliated with this Home

  • Ryan Brown

    Seller's Agent in 2021

    Ryan Brown

    RIVER POINT REALTY, LLC

    (412) 512-7730

    9 in this area

    70 Total Sales

    Ryan Brown
    Section Image
  • Darian Law

    Buyer's Agent in 2021

    Darian Law

    ETERNITY REAL ESTATE LLC

    (412) 216-2629

    2 in this area

    108 Total Sales

    Darian Law
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1504988

West Penn Multi-List

APN: 09-002-0206.001

Pennsylvania Beaver County Ambridge 15003

338 Park Rd, Ambridge, PA

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