NOT LISTED FOR SALE

502 7th St Trafford, PA 15085

Estimated Value: $171,635 - $231,000

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 23, 2021

Last sale price $179,000

Est. 14% increase in value since last sale

Current estimated payment $1,268/month

92 Days on Market

About This Home

As of February 2021

Investor's Dream! Trafford triple unit with fourth unit potential, located in quiet neighborhood. Property includes beautiful red brick duplex and quaint carriage home. First floor unit has 2 bedrooms and 2 full baths and the other two units have 2 bedrooms and 1 full bath. Duplex units are spacious and clean, and all three units are rented out (2 with 5+ year tenants) with immediate monthly cash flow. Definitely a must-see for potential investors. Separate laundry area for each tenant and plenty of storage. Convenient location - close proximity to Monroeville and the parkway.

Last Agent to Sell the Property

Stacie Williams

RE/MAX SELECT REALTY Listed on: 09/23/2020

RE/MAX SELECT REALTY

Last Buyer's Agent

Lei Li

YOUR TOWN REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,316

Lot Details

  • 2,614

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 36-01-15-0-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,316

Lot Details

0

Listing Details

  • Area Description Sort: Trafford
  • Total Assessed Value: 16630
  • Construction: Brick
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Map Num Block Num Lot Num Info: 36-01-15-0-028
  • Property Type: Multi-Unit
  • Public Transportation: Yes
  • Ratio Close Price By List Price: 0.96809
  • Ratio Close Price By Original Li: 0.96809
  • School Transportation: Yes
  • Years Old: 9999
  • Tour Url Branded: https://www.propertypanorama.com/instaview-tour/wpn/1469748
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Description: On-Street Parking

Lot Info

  • Lot Size: 0.0689
  • Zoning: RES

Tax Info

  • Taxes: 2316

Multi Family

  • Unit Count: 3

MLS Schools

  • School District: Penn-Trafford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Feb 23, 2021
Sold by
Shaene Lee R
Bought by
Oller Joel and Yang Xialole
Seller's Agent
Stacie Williams
RE/MAX SELECT REALTY
Buyer's Agent
Lei Li
YOUR TOWN REALTY LLC
List Price
$184,900
Sold Price
$179,000
Premium/Discount to List
-$5,900
-3.19%
Current Estimated Value
$204,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,409
Avg. Annual Appreciation
2.75%
Original Mortgage
$76,000
Outstanding Balance
$68,129
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$136,280
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
Oller Joel $179,000 Penn Bridge Land Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oller Joel $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $179,000 -3.2% --
09/23/2020 09/23/20 For Sale $184,900 -- --
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 $2,507 $16,630 $1,630 $15,000
2024 $2,490 $16,630 $1,630 $15,000
2023 $2,374 $16,630 $1,630 $15,000
2022 $2,349 $16,630 $1,630 $15,000
2021 $2,332 $16,630 $1,630 $15,000
2020 $2,316 $16,630 $1,630 $15,000
2019 $2,266 $16,630 $1,630 $15,000
2018 $2,241 $16,630 $1,630 $15,000
2017 $2,207 $16,630 $1,630 $15,000
2016 $2,151 $16,630 $1,630 $15,000
2015 $2,101 $16,630 $1,630 $15,000
2014 $2,068 $16,630 $1,630 $15,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1469748

West Penn Multi-List

APN: 36-01-15-0-028