NOT LISTED FOR SALE

338 Park Rd Ambridge, PA 15003

Ambridge Area

Estimated Value: $118,601 - $129,000

2 Beds
1 Bath
1,709 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2021

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

Current estimated payment $753 / mo

133 Days on Market

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

4,356 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$123,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,350
Avg. Annual Appreciation
-14.27%
Original Mortgage
$165,000
Outstanding Balance
$148,942
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
-$25,292

Purchase Details

Closed on
Nov 22, 2019
Sold by
Miller Mark
Bought by
Sofikos Properties Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ambridge, PA

  • Brian Feldmeier Real Estate Agent - THA Realty, LLC

    Brian Feldmeier

    THA Realty, LLC

    (304) 451-5752

    231 Total Sales

    1 in Ambridge

    $165,000 Price

    Brian Feldmeier
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  • Mark Handlovitch Real Estate Agent - RE/MAX REAL ESTATE SOLUTIONS

    Mark Handlovitch

    RE/MAX REAL ESTATE SOLUTIONS

    (412) 201-0166

    118 Total Sales

    1 in Ambridge

    $50,000 Price

    Mark Handlovitch
     Section Image
  • Fred Solman Real Estate Agent - BERKSHIRE HATHAWAY THE PREFERRED REALTY

    Fred Solman

    BERKSHIRE HATHAWAY THE PREFERRED REALTY

    (724) 202-1029

    49 Total Sales

    1 in Ambridge

    $139,900 Price

    Fred Solman
     Section Image
  • Kathy Pfister Real Estate Agent - COLDWELL BANKER REALTY

    Kathy Pfister

    Responds Quickly

    COLDWELL BANKER REALTY

    (412) 968-8676

    110 Total Sales

    4 in Ambridge

    $160K - $182K Price Range

    Kathy Pfister
     Section Image
  • Peggy Greb Real Estate Agent - RE/MAX SELECT REALTY

    Peggy Greb

    RE/MAX SELECT REALTY

    (878) 231-3466

    103 Total Sales

    3 in Ambridge

    $81K - $122K Price Range

    Peggy Greb
     Section Image
  • Kelly Kuzemchak Real Estate Agent - BERKSHIRE HATHAWAY THE PREFERRED REALTY

    Kelly Kuzemchak

    Responds Quickly

    BERKSHIRE HATHAWAY THE PREFERRED REALTY

    (412) 912-1768

    147 Total Sales

    1 in Ambridge

    $90,000 Price

    Kelly Kuzemchak
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 None Listed On Document
Sofikos Properties Llc $100,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $851 $56,750 $9,000 $47,750
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 Real Estate Agent - RIVER POINT REALTY, LLC

    Seller's Agent in 2021

    Ryan Brown

    RIVER POINT REALTY, LLC

    (412) 512-7730

    53 Total Sales

    Ryan Brown
    Section Image
  • Darian Law Real Estate Agent - ETERNITY REAL ESTATE LLC

    Buyer's Agent in 2021

    Darian Law

    ETERNITY REAL ESTATE LLC

    (412) 216-2629

    75 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Penn Multi-List IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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