NOT LISTED FOR SALE

401 Main St Latrobe, PA 15650

Estimated Value: $270,045

-- Bed
-- Bath
-- Sq Ft
4,966 Sq Ft Lot

Last Sold June 17, 2021

Last sale price $220,000

Est. 23% increase in value since last sale

Current estimated payment $1,723/month

9 Days on Market

About This Home

As of June 2021

Calling all Investors! Great income producing property conveniently located in the City of Latrobe. This 6 unit, multi purpose building is fully rented with new, 1 year leases signed by all tenants within the past 2 months. Some units have recently been updated. Currently there is on-street parking however current owner is tearing down building out back to provide private parking for tenants. This is a must see!

Last Agent to Sell the Property

Neisha Macasaet

WPML Inactive User File Listed on: 04/23/2021

Last Buyer's Agent

Lindsay Neary

EXP REALTY LLC License #AB068513

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,829

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 50x100

Additional Features

  • Basement

Community Details

  • 6 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,829

Year Built

1900

Lot Details

0

Listing Details

  • Municipality: Latrobe
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size: 50x100
  • Directions: From US 30 East turn Left onto Route 981 and continue through 2nd traffic light. When road Y's keep Right. Go 3 more traffic lights and units are on Right directly following 3rd trafffic light.
  • Property Sub Type Additional: Other
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Basement YN: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Greater Latrobe

Lot Info

  • Zoning: Comme
  • Zoning Description: Comme
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2829.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 17, 2021
Sold by
Hudspath Propertis Llc
Bought by
Handwork Matthew
Seller's Agent
Neisha Macasaet
WPML Inactive User File
Buyer's Agent
Lindsay Neary
EXP REALTY LLC
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%
Total Days on Market
9
Current Estimated Value
$270,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,045
Avg. Annual Appreciation
5.64%
Original Mortgage
$176,000
Outstanding Balance
$149,664
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,285

Purchase Details

Closed on
Mar 5, 2021
Sold by
Falbo Anthony W
Bought by
Hudspath Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 20, 2010
Sold by
The Raymond W Falbo Family Trust
Bought by
Falbo Anthony W

Purchase Details

Closed on
Jun 1, 2007
Sold by
Falbo Raymond and Falbo Raymond W
Bought by
Falbo Raymond W and Falbo Amy Jo
Source: Public Records

Range of Values:

Collateral Analytics

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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
Handwork Matthew $220,000 None Available
Hudspath Properties Llc $157,500 None Available
Falbo Anthony W -- None Available
Falbo Raymond W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handwork Matthew $176,000
Closed Handwork Matthew A $15,000
Previous Owner Hudspath Properties Llc $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $220,000 -12.0% --
05/02/2021 05/02/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $249,900 -- --
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 $2,562 $18,570 $3,640 $14,930
2024 $2,562 $18,570 $3,640 $14,930
2023 $2,377 $18,570 $3,640 $14,930
2022 $2,377 $18,570 $3,640 $14,930
2021 $2,829 $22,280 $3,640 $18,640
2020 $2,790 $22,280 $3,640 $18,640
2019 $2,757 $22,280 $3,640 $18,640
2018 $2,746 $22,280 $3,640 $18,640
2017 $2,707 $22,280 $3,640 $18,640
2016 $2,685 $22,280 $3,640 $18,640
2015 $2,685 $22,280 $3,640 $18,640
2014 $2,662 $22,280 $3,640 $18,640
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Neisha Macasaet

    WPML Inactive User File

    (724) 433-1356

    Section Image
  • Lindsay Neary

    Buyer's Agent in 2021

    Lindsay Neary

    EXP REALTY LLC

    (412) 601-2423

    7 in this area

    63 Total Sales

    Lindsay Neary
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1495871

West Penn Multi-List

APN: 15-03-06-0-382

Pennsylvania Westmoreland County Latrobe 15650

401 Main St, Latrobe, PA

This home is located at 401 Main St, Latrobe, PA 15650 since 23 April 2021 and is currently estimated at $270,045. This property was built in 1900. 401 Main St is a home located in Westmoreland County with nearby schools including Greater Latrobe Junior High School, Greater Latrobe Senior High School, and Christ the Divine Teacher School.

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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