NOT LISTED FOR SALE

402 Cavitt Ave Trafford, PA 15085

Estimated Value: $138,456

Studio
-- Bath
-- Sq Ft
479 Sq Ft Lot

Last Sold April 27, 2024

Last sale price $130,000

Est. 7% increase in value since last sale

Current estimated payment $867/month

44 Days on Market

Highlights

  • 3 Car Attached Garage
  • Penn Trafford High School Rated A-
  • Public Transportation

About This Home

As of April 2024

FULLY OCCUPIED WELL MAINTAINED FOUR UNITS INCLUDING A COMMERCIAL UNIT IN THE HEART OF TRAFFORD! THIS PROPERTY IS ALREADY PRODUCING INCOME, AND THERE'S PLENTY OF ROOM FOR UPSIDE FROM THE CURRENT RENTS. CURRENT TENANTS ARE MONTH TO MONTH. THIS PROPERTY FEATURES LARGE UNITS WITH HIGH CEILINGS AND A SOLID BRICK CONSTRUCTION. TENANTS ARE LONG TERM AND UNITS NEED SOME UPDATING, BUT THE POTENTIAL IS LIMITLESS. THE PROPERTY ALSO FEATURES 3 INTEGRAL GARAGES FOR STORAGE OR ADDITIONAL INCOME POTENTIAL. ADD A CORNERSTONE PIECE TO YOUR PORTFOLIO IN A BLOSSOMING LOCALE!

Last Agent to Sell the Property

Matthew O'Donnell

RE/MAX REALTY BROKERS Listed on: 03/08/2024

RE/MAX REALTY BROKERS

Last Buyer's Agent

Roxanne King

RE/MAX NEXT License #AB068996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1922

Lot Details

  • 479 Sq Ft Lot
  • Lot Dimensions are 30x120x30x120

Parking

  • 3 Car Attached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Additional Features

  • Unfinished Basement

Community Details

Building Details

  • Insurance Expense $700
  • Gross Income $19,800

Additional Features

  • 4 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,553

Year Built

Built in 1922

Lot Details

479 Sq Ft Lot

Listing Details

  • Municipality: Trafford
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.011
  • Lot Size: 30X120X30X120
  • Directions: TAKE BROADWAY BOULEVARD TO TRAFFORD CROSS TRAFFORD BRIDGE AND MAKE SECOND RIGHT ON CAVITT AVENUE PROPERTY AT THE END OF THE FIRST BLOCK ON THE LEFT
  • Architectural Style: Fourplex
  • Garage Yn: Yes
  • Year Built: 1922
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Roof: Composition
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Built In
  • Total Parking Spaces: 3.0

Utilities

  • Utilities: Sewer Available, Water Available
  • Annual Utilities Expense: 3200.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Penn-Trafford

Lot Info

  • Zoning: RES
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 19800.0
  • Insurance Expense: 700.0

Tax Info

  • Tax Annual Amount: 1553.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 26, 2024
Sold by
Kr Investment Properties 3 Lp
Bought by
Kendall Realty & Design Llc
Seller's Agent
Matthew O'Donnell
RE/MAX REALTY BROKERS
Buyer's Agent
Roxanne King
RE/MAX NEXT
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Views
32
Current Estimated Value
$138,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,456
Avg. Annual Appreciation
3.35%
Original Mortgage
$104,000
Outstanding Balance
$99,190
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$39,266

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 19, 2018
Sold by
Fera Joseph A
Bought by
Kr Investment Properties 3 Lp
Seller's Agent
Craig Kostelac
CROWN REAL ESTATE & MANAGEMENT SYSTEMS INC
Buyer's Agent
Craig Kostelac
CROWN REAL ESTATE & MANAGEMENT SYSTEMS INC
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%
Original Mortgage
$48,000
Interest Rate
4.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kendall Realty & Design Llc $130,000 None Listed On Document
Kr Investment Properties 3 Lp $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Realty & Design Llc $104,000
Previous Owner Kr Investment Properties 3 Lp $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2024 04/27/24 Sold $130,000 -13.3% --
04/22/2024 04/22/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $149,900 +149.8% --
06/19/2018 06/19/18 Sold $60,000 -7.7% -- View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $65,000 -- --
Source: West Penn Multi-List

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
2026 $1,673 $10,880 $3,200 $7,680
2025 $1,640 $10,880 $3,200 $7,680
2024 $1,629 $10,880 $3,200 $7,680
2023 $1,553 $10,880 $3,200 $7,680
2022 $1,537 $10,880 $3,200 $7,680
2021 $1,526 $10,880 $3,200 $7,680
2020 $1,515 $10,880 $3,200 $7,680
2019 $1,482 $10,880 $3,200 $7,680
2018 $1,466 $10,880 $3,200 $7,680
2017 $1,444 $10,880 $3,200 $7,680
2016 $1,407 $10,880 $3,200 $7,680
2015 $1,375 $10,880 $3,200 $7,680
2014 $1,353 $10,880 $3,200 $7,680
Source: Public Records

Agents Affiliated with this Home

  • Matthew O'Donnell

    Seller's Agent in 2024

    Matthew O'Donnell

    RE/MAX

    (412) 414-1505

    5 in this area

    131 Total Sales

    Matthew O'Donnell
    Section Image
  • Roxanne King

    Buyer's Agent in 2024

    Roxanne King

    RE/MAX

    (724) 420-3727

    7 in this area

    145 Total Sales

    Roxanne King
    Section Image

  • C

    Seller's Agent in 2018

    Craig Kostelac

    CROWN REAL ESTATE & MANAGEMENT SYSTEMS INC

    (724) 864-9720

    30 Total Sales

    Craig Kostelac
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1644207

West Penn Multi-List

APN: 36-03-03-0-161

Pennsylvania Westmoreland County Trafford 15085

402 Cavitt Ave, Trafford, PA

Not Listed for Sale

MultiFamily

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