NOT LISTED FOR SALE

406 W 1st Ave Parkesburg, PA 19365

Estimated Value: $356,544

-- Bed
-- Bath
4,854 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $290,000 $60 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,474/month

168 Days on Market

Highlights

  • City View
  • Straight Thru Architecture
  • No HOA
  • Traditional Floor Plan
  • Wood Flooring
  • 3-minute walk to Minch Park

About This Home

As of December 2021

Great opportunity to own an investment in up and coming Parkesburg! Long term tenants. Store front just rented for 2 years. Maintenance free exterior. Convenient to shops and public transportation.

Last Agent to Sell the Property

Melissa Roop

New Precision Realty Listed on: 05/27/2021

Last Buyer's Agent

Dan Borowiec

RE/MAX Professional Realty

RE/MAX Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,896

Year Built

  • Built in 1910

Lot Details

  • 1,720 Sq Ft Lot
  • Downtown Location
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 4,854 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling height of 9 feet or more
  • Casement Windows
  • Dining Area
  • Wood Flooring
  • City Views
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Hot Water Heating System
  • Knob And Tube Electrical Wiring
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, water, trash collection
  • Tax Lot 0102
  • Assessor Parcel Number 08-05 -0102

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Net Operating Income $11,563

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,896

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-05-27
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Remarks Public: Great opportunity to own an investment in up and coming Parkesburg! Long term tenants. Store front just rented for 2 years. Maintenance free exterior. Convenient to shops and public transportation.
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Kitchen - Eat-In
  • Window Features: Casement
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4854
  • Living Area Sq Ft: 4854
  • Price Per Sq Ft: 63.86
  • Above Grade Finished Sq Ft: 4854
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 406

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Unknown
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Knob And Tube
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available
  • Monthly Water Average: 210
  • Water Previous Twelve Months: 2520.00
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Fiber Optic, Cable

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: OCTORARA AREA
  • School District Key: 300200397343
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 82210.00
  • Land Assessed Value: 23790.00
  • Land Use Code: R61
  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1720.00
  • Outdoor Living Structures: Balcony, Enclosed
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R61 MIX: RES DWLG W/ COMM
  • Zoning Description: Store front and 2 apartments

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Taxes - Real Estate, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 30900.00
  • Units Furnished: All
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 230921
  • School Tax: 4327.00
  • Tax Annual Amount: 5896.00
  • Assessor Parcel Number: 08-05 -0102
  • Tax Lot: 0102
  • Tax Total Finished Sq Ft: 4854
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/17/2021

Multi Family

  • Gross Income: 30900.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: OCTORARA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Dec 10, 2021
Sold by
Rocco Investments Llc
Bought by
Pmsn Realty Llc
Seller's Agent
Melissa Roop
New Precision Realty
Buyer's Agent
Dan Borowiec
RE/MAX Professional Realty
List Price
$400,000
Sold Price
$290,000
Premium/Discount to List
-$110,000
-27.5%
Current Estimated Value
$356,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,544
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Sep 17, 2018
Sold by
Paroya Nadeem A
Bought by
Rocco Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 2004
Sold by
Butoi Dan S and Butoi Terri L
Bought by
Paroya Nadeem A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Pmsn Realty Llc $287,800 None Available
Rocco Investments Llc $215,000 Whitford Land Transfer Inc
Paroya Nadeem A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pmsn Realty Llc $215,850
Previous Owner Rocco Investments Llc $215,000
Previous Owner Paroya Nadeem A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $290,000 -6.5% $60 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $310,000 -4.6% $64 / Sq Ft
07/29/2021 07/29/21 Price Changed $325,000 -7.1% $67 / Sq Ft
07/14/2021 07/14/21 Price Changed $350,000 -9.1% $72 / Sq Ft
06/24/2021 06/24/21 Price Changed $385,000 -3.8% $79 / Sq Ft
06/14/2021 06/14/21 Price Changed $400,000 +3.9% $82 / Sq Ft
06/13/2021 06/13/21 Price Changed $385,000 -3.8% $79 / Sq Ft
05/27/2021 05/27/21 For Sale $400,000 -- $82 / Sq Ft
Source: Bright MLS

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 $6,549 $106,000 $23,790 $82,210
2024 $6,549 $106,000 $23,790 $82,210
2023 $6,364 $106,000 $23,790 $82,210
2022 $6,161 $106,000 $23,790 $82,210
2021 $5,903 $106,000 $23,790 $82,210
2020 $5,873 $106,000 $23,790 $82,210
2019 $7,231 $133,140 $23,790 $109,350
2018 $7,171 $133,140 $23,790 $109,350
2017 $7,056 $133,140 $23,790 $109,350
2016 $528 $133,140 $23,790 $109,350
2015 $528 $133,140 $23,790 $109,350
2014 $528 $133,140 $23,790 $109,350
Source: Public Records

Agents Affiliated with this Home

  • Melissa Roop

    Seller's Agent in 2021

    Melissa Roop

    New Precision Realty

    (610) 364-5416

    4 in this area

    89 Total Sales

    Melissa Roop
    Section Image
  • Dan Borowiec

    Buyer's Agent in 2021

    Dan Borowiec

    RE/MAX

    (610) 639-5241

    1 in this area

    83 Total Sales

    Dan Borowiec
    Section Image
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Map

Source: Bright MLS

MLS Number: PACT537446

Bright MLS

APN: 08-005-0102.0000

Pennsylvania Chester County Parkesburg 19365

406 W 1st Ave, Parkesburg, PA

This home is located at 406 W 1st Ave, Parkesburg, PA 19365 since 27 May 2021 and is currently estimated at $356,544, approximately $73 per square foot. This property was built in 1910. 406 W 1st Ave is a home located in Chester County with nearby schools including Octorara Primary Learning Center, Octorara Elementary School, and Octorara Intermediate School.

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