M
Seller's Agent in 2024
Michael DiCenso
RED BRICK PROPERTIES
(201) 704-7047
10 in this area
15 Total Sales
385 Forest Ave Morgantown, WV 26505
Downtown Morgantown Neighborhood
8
Beds
3
Baths
1,875
Sq Ft
4,400
Sq Ft Lot
Highlights
- Finished Attic
- Corner Lot
- Neighborhood Views
- Eastwood Elementary School Rated A-
- No HOA
- Fireplace
About This Home
As of September 2024Excellent Investment opportunity. Property is located in downtown Morgantown near High St and West Virginia University. Property includes laundry and a small parking lot. Property is currently rented at $4718 per month which includes parking income. Recently the property had individual wall units installed for climate control purposes and the flooring was updated in the common areas with high quality vinyl in the last 2 years.
Last Agent to Sell the Property
RED BRICK PROPERTIES License #WVS220301945 Listed on: 06/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,956
Year Built
- Built in 1911
Lot Details
- 4,400 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Parking Spaces
Home Design
- Concrete Foundation
- Block Foundation
- Shingle Roof
- Wood Siding
- Aluminum Siding
- Block Exterior
- Vinyl Siding
Interior Spaces
- 4-Story Property
- Fireplace
- Neighborhood Views
- Finished Attic
- Partially Finished Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wall to Wall Carpet
- Laminate
- Concrete
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Eastwood Elementary School
- Suncrest Middle School
- Morgantown High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Mounted To A Wall or Window
- 200+ Amp Service
Listing and Financial Details
- Security Deposit $2,000
- Assessor Parcel Number 0088
Community Details
Overview
- No Home Owners Association
Amenities
- Shops
- Public Transportation
- Community Library
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2024
Closed on
Aug 20, 2024
Sold by
Spencer Systems Llc
Bought by
Sanku Srinivasa and Sanku Nalini
Seller's Agent
Michael DiCenso
RED BRICK PROPERTIES
Buyer's Agent
Michael DiCenso
RED BRICK PROPERTIES
List Price
$369,900
Sold Price
$286,000
Premium/Discount to List
-$83,900
-22.68%
Views
18
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
$10,219
Avg. Annual Appreciation
1.84%
Original Mortgage
$228,800
Outstanding Balance
$219,679
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$71,157
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $286,000 | None Listed On Document | |
| Deed | $286,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,800 | New Conventional | |
| Closed | $228,800 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $638,000 | Commercial | |
| Previous Owner | $320,625 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $185,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $82,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $286,000 | -22.7% | $153 / Sq Ft |
| 06/11/2024 06/11/24 | For Sale | $369,900 | -- | $197 / Sq Ft |
Source: North Central West Virginia REIN
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 | $1,954 | $74,100 | $13,020 | $61,080 |
| 2023 | $1,950 | $74,100 | $13,020 | $61,080 |
| 2022 | $1,876 | $73,560 | $13,020 | $60,540 |
| 2021 | $1,869 | $73,020 | $13,020 | $60,000 |
| 2020 | $1,876 | $73,020 | $13,020 | $60,000 |
| 2019 | $1,887 | $73,020 | $13,020 | $60,000 |
| 2018 | $1,892 | $73,020 | $13,020 | $60,000 |
| 2017 | $1,881 | $72,300 | $12,300 | $60,000 |
| 2016 | $1,349 | $51,600 | $11,460 | $40,140 |
| 2015 | $1,283 | $50,880 | $10,740 | $40,140 |
| 2014 | $1,202 | $49,500 | $9,900 | $39,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michael DiCenso
Map
Source: North Central West Virginia REIN
MLS Number: 10154736
APN: 13-29-00880000
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.
Data provided by North Central WV Real Estate Information Network, Inc.
IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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