Seller's Agent in 2024
Nicholas Griffith
ARBORS REAL ESTATE, LLC
(412) 515-8428
2 in this area
49 Total Sales
--
Bed
--
Bath
--
Sq Ft
0.42
Acres
Highlights
- 0.42 Acre Lot
- Public Transportation
- 4-minute walk to Etna Borough Pool And Playground
- Marzolf Primary School Rated A
- Garage
About This Home
As of November 2024Unique value add investment opportunity for the savvy investor! New roof in 2023! This property has four residential units and 16 garages! 100% occupied! There are two 1br units and two 2br units. Gas and electric is separate and tenants can pay directly. Water and sewer are landlord responsibility and these expenses are recouped by a utility reimbursement fee imposed on the tenants. The two 1 bedroom units are in great shape and well kept. The two 2 bedroom units could use updating at turnover. All garages are rented and present an opportunity for upgrades and increased rent. Long term tenants in place. Access to the gravel parking lot where all the garages are located is from High st. Can you see the potential?
Last Agent to Sell the Property
ARBORS REAL ESTATE, LLC License #RS327854 Listed on: 10/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,053
Year Built
- Built in 1900
Lot Details
- 0.42 Acre Lot
Home Design
- Quadruplex
- Asphalt Roof
Parking
- Garage
- Common or Shared Parking
- On-Street Parking
Additional Features
- Basement
Community Details
Building Details
- Insurance Expense $910
- Maintenance Expense $2,546
- Gross Income $50,324
Additional Features
- 4 Units
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2024
Closed on
Nov 26, 2024
Sold by
P W P 1 L L C and Pittsburgh Workforce Portfolio 1 L P
Bought by
Elmer Steven Wayne
Seller's Agent
Nicholas Griffith
ARBORS REAL ESTATE, LLC
Buyer's Agent
Andrew Dellavecchia
RE/MAX SELECT REALTY
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,403
Avg. Annual Appreciation
-1.87%
Purchase Details
Listed on
Oct 1, 2024
Closed on
Nov 11, 2024
Sold by
Pittsburgh Workforce Portfolio 1 Lp
Bought by
Elmer Steven Wayne
Seller's Agent
Nicholas Griffith
ARBORS REAL ESTATE, LLC
Buyer's Agent
Andrew Dellavecchia
RE/MAX SELECT REALTY
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Views
1
Purchase Details
Closed on
Oct 26, 2020
Sold by
Ross Thomas E and Ross Joyce S
Bought by
Pittsburgh Workforce Portfolio 1 Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $385,000 | -- | |
| Deed | $385,000 | -- | |
| Special Warranty Deed | $310,000 | Elite Closings Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $252,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2024 11/25/24 | Sold | $385,000 | -3.7% | -- |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | For Sale | $399,900 | -- | -- |
Source: West Penn Multi-List
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,212 | $135,600 | $20,000 | $115,600 |
| 2023 | $5,053 | $135,600 | $20,000 | $115,600 |
| 2022 | $5,053 | $135,600 | $20,000 | $115,600 |
| 2021 | $355 | $135,600 | $20,000 | $115,600 |
| 2020 | $2,795 | $75,000 | $20,000 | $55,000 |
| 2019 | $2,795 | $75,000 | $20,000 | $55,000 |
| 2018 | $355 | $75,000 | $20,000 | $55,000 |
| 2017 | $2,666 | $75,000 | $20,000 | $55,000 |
| 2016 | $355 | $75,000 | $20,000 | $55,000 |
| 2015 | $355 | $75,000 | $20,000 | $55,000 |
| 2014 | $2,574 | $75,000 | $20,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Griffith
-
Andrew Dellavecchia
Buyer's Agent in 2024
Andrew Dellavecchia
RE/MAX
(412) 498-2762
1 in this area
335 Total Sales
Map
Source: West Penn Multi-List
MLS Number: 1674380
APN: 0167-E-00345-0000-00
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