NOT LISTED FOR SALE

51 S 5th Ave Clarion, PA 16214

Estimated Value: $64,000 - $258,000

5 Beds
2 Baths
2,423 Sq Ft
$50/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $70,000 $29 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $671/month

453 Days on Market

Highlights

  • Main Floor Bedroom
  • Forced Air Heating System
  • 3-minute walk to Veteran's Memorial Park
  • Porch

About This Home

As of September 2023

Clarion Investment Opportunity: Two well placed units are awaiting a new owner! Unit 1 is a 3 Bedroom, 1.5 Bath, 26 H Oak Cabinet Kitchen, Dining Room, Living Room home with Covered Front and Rear Porches. Unit 2 is a 2 Bedroom, 1 Full Bath, 16 Handle Kitchen, Living Room, Laundry/Utility Room, 8 x 8 Covered Front Porch walk-up unit above a 2 Car Garage. Both units have separate Electric, Gas & Water/Sewer meters. Both units have Gas Furnace & Gas Water Heaters and Both are rented. 4 on-site parking spaces, 2 in Garage and 2 out. Zoning is MU-Mixed Use. May also be ideal for an owner and 1-unit rental. Lot is .157 Acres and approximately 60 ft. wide by 120 ft. long. All of this and only 1.5 blocks from Main Street, 4 blocks from Clarion High School and easy access to Route 322, Route 68, Route 66, Clarion River, Clarion University and everything Clarion. Location alone makes it a tenant's dream. 48-hour notice required prior to showing. Call today and to set up your showing!

Last Agent to Sell the Property

Michael Wise

Coldwell Banker BURNS & BURNS Brokerage Phone: 8142266050 License #RM425536 Listed on: 06/21/2022

Coldwell Banker BURNS & BURNS

Co-Listed By

Elsa Ortiz

Coldwell Banker BURNS & BURNS Brokerage Phone: 8142266050 License #RS266321

Coldwell Banker BURNS & BURNS

Last Buyer's Agent

Elsa Ortiz

Coldwell Banker BURNS & BURNS Brokerage Phone: 8142266050 License #RS266321

Coldwell Banker BURNS & BURNS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 120 x 60

Home Design

  • Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,423 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-050-154-000-00

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Operating Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.157
  • Lot Size: 120 x 60
  • Co List Office Mls Id: 5
  • Co List Office Phone: 814-226-6050
  • Exclusions: Tenants Washer & Dryer Units.
  • Directions: From CCCH: Take 5th Avenue South 1.5 Blocks. Property is on Left at intersection of 5th Ave and Church Street.
  • Building Stories: 2
  • Year Built: 1915
  • Attribution Contact: 8142266050
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Stove, Unit 2 Stove, Unit 1 Refrigerator, Unit 2 Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Interior Amenities: Main Level Bedroom

Exterior Features

  • Construction Type: Frame, Aluminum Siding
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

  • Parking Features: Driveway, Garage Apt/Acc Unit
  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Schools

  • Junior High Dist: Clarion

Lot Info

  • Lot Size Sq Ft: 6838.92
  • Zoning: MU-Mixed Use

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1800
  • Annual Operating Expense: 1800
  • Total Actual Rent: 1125
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 2058
  • Tax Map Number: 05-050-154-000-00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 18, 2023
Sold by
Ragley Samuel D
Bought by
Hartzell Jeffrey A and Hartzell Jacqueline D
Seller's Agent
Michael Wise
Coldwell Banker BURNS & BURNS
Buyer's Agent
Elsa Ortiz
Coldwell Banker BURNS & BURNS
List Price
$159,900
Sold Price
$70,000
Premium/Discount to List
-$89,900
-56.22%
Views
140
Current Estimated Value
$89,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,895
Avg. Annual Appreciation
33.03%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Ragley Barbara F
Bought by
Troyan Diana L and The Barbara F Ragley Investmen
Source: Public Records

Range of Values:

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Average Value
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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
Hartzell Jeffrey A $70,000 None Listed On Document
Troyan Diana L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragley Samuel D $43,057
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $70,000 -26.3% $29 / Sq Ft
07/13/2023 07/13/23 Price Changed $95,000 -20.8% $39 / Sq Ft
06/29/2023 06/29/23 Price Changed $119,900 -7.7% $49 / Sq Ft
04/13/2023 04/13/23 Price Changed $129,900 -18.8% $54 / Sq Ft
06/21/2022 06/21/22 For Sale $159,900 -- $66 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

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 $2,152 $18,840 $340 $18,500
2024 $2,058 $18,840 $340 $18,500
2023 $2,058 $18,840 $340 $18,500
2022 $2,067 $18,840 $340 $18,500
2021 $2,067 $18,840 $340 $18,500
2020 $2,067 $18,840 $340 $18,500
2019 $2,067 $18,840 $340 $18,500
2018 $2,067 $18,840 $340 $18,500
2017 $2,067 $18,840 $340 $18,500
2016 $1,998 $18,840 $340 $18,500
2014 -- $18,840 $340 $18,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 156685

APN: 005-008650