NOT LISTED FOR SALE

408 S 2nd Ave Elizabeth, PA 15037

Estimated Value: $104,000 - $136,000

4 Beds
4 Baths
1,891 Sq Ft
$66/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $67,000 $35 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $928/month

100 Days on Market

About This Home

As of October 2013

Great income property! 16% Cap. Cash Flow!! Two garages in rear of property also rented for $800/year. All utilities separated, including water/sewage. 2 units have central A/C, the other 2 have window units. Hook ups available for washer and dryers in basement. Newer roof on main building, updated electric, and more! New leases signed June 1 2013, rents were raised slightly.

Last Agent to Sell the Property

Lisa Jackson

Jackson Realty Group License #RB069826 Listed on: 06/03/2013

Last Buyer's Agent

Irene Hils

WPML Inactive User File

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,396

Home Design

  • Quadruplex
  • Asphalt Roof

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1133-L-00246-0000-00

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Insurance: 397
  • Area Description Sort: Elizabeth Twp/Boro
  • Basement Description: Partial
  • Disclaimer: Information Deemed Reliable But Not Guaranteed
  • Map Num Block Num Lot Num Info: 1133-L-00246-0000-00
  • Property Type: Multi-Unit
  • Ratio Close Price By List Price: 0.83855
  • Ratio Close Price By Original Li: 0.78824
  • Type Of Property: Fourplex
  • Years Old: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Roof: Asphalt

Utilities

  • Utilities: 540

Condo/Co-op/Association

  • Maintenance: 1500

Schools

  • School District: Elizabeth Forward

Lot Info

  • Lot Size: 26x119
  • Parcel Number: 408 S 2nd 268001

Multi Family

  • Gross Annual Income: 18020
  • Unit Count: 4

Tax Info

  • Taxes: 2260

MLS Schools

  • School District: Elizabeth Forward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Oct 28, 2013
Sold by
Christenson Trste James A
Bought by
Moldovan Marius P
Seller's Agent
Lisa Jackson
Jackson Realty Group
Buyer's Agent
Irene Hils
WPML Inactive User File
List Price
$85,000
Sold Price
$67,000
Premium/Discount to List
-$18,000
-21.18%
Current Estimated Value
$126,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,204
Avg. Annual Appreciation
5.42%
Original Mortgage
$50,250
Outstanding Balance
$38,457
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$86,484

Purchase Details

Closed on
Mar 5, 1999
Sold by
Christenson James A and Christenson Marilyn P
Bought by
Christenson James A and Christenson Marilyn P

Purchase Details

Closed on
Jan 1, 1900
Source: Public Records

Range of Values:

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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
Moldovan Marius P $67,000 --
Christenson James A -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moldovan Marius P $50,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $67,000 -21.2% $35 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $85,000 -- $45 / Sq Ft
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
2024 $2,840 $68,300 $17,000 $51,300
2023 $2,804 $68,300 $17,000 $51,300
2022 $2,804 $68,300 $17,000 $51,300
2021 $323 $68,300 $17,000 $51,300
2020 $2,597 $68,300 $17,000 $51,300
2019 $2,510 $68,300 $17,000 $51,300
2018 $323 $68,300 $17,000 $51,300
2017 $2,277 $68,300 $17,000 $51,300
2016 $323 $68,300 $17,000 $51,300
2015 $323 $68,300 $17,000 $51,300
2014 $2,277 $68,300 $17,000 $51,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 964958

West Penn Multi-List

APN: 1133-L-00246-0000-00