NOT LISTED FOR SALE

517 Merchant St Ambridge, PA 15003

Estimated Value: $282,974

4 Beds
4 Baths
3,784 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $215,000 $57 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,626/month

About This Home

As of January 2022

This commercial building has a store front convenience store and 4 1bedroom/ 1bath apartments upstairs. The entire building is well kept, nice and neat. Some of the apartments have been updated. Current market rents are below market value due to length of tenant stay. The building and business will be sold together. Currently tenants park on street around the corner but are able to obtain a parking pass. Total Rents is $2100 a month, below market value. Long term tenants.

Last Agent to Sell the Property

Marrae Hill

KELLER WILLIAMS REALTY Listed on: 07/16/2021

KELLER WILLIAMS REALTY

Last Buyer's Agent

Mark Aletto

BOSS REAL ESTATE GROUP, LLC License #RM425769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1913

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Additional Features

  • Basement

Community Details

  • 5 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,699

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Municipality: Ambridge
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.1
  • Lot Size: 0.1
  • Directions: Imap. Google Maps
  • Architectural Style: Fourplex
  • Year Built: 1913
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Brick

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Ambridge

Lot Info

  • Zoning: Ac-4
  • Zoning Description: Ac-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2699.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jan 31, 2022
Sold by
Cleaster Longmire Iii
Bought by
Santiago Construction Inc
Seller's Agent
Marrae Hill
KELLER WILLIAMS REALTY
Buyer's Agent
Mark Aletto
BOSS REAL ESTATE GROUP, LLC
List Price
$270,000
Sold Price
$215,000
Premium/Discount to List
-$55,000
-20.37%
Current Estimated Value
$282,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,974
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Apr 6, 2018
Sold by
Hewitt Daniel and Hewitt Jennifer
Bought by
Longmire Cleaster

Purchase Details

Closed on
Feb 6, 2008
Sold by
Swan Thomas W and Swan Valerie E
Bought by
Hewitt Daniel and Hewitt Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.14%
Mortgage Type
Commercial
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
Santiago Construction Inc $215,000 West Hills Closing Services
Longmire Cleaster $70,000 --
Hewitt Daniel $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hewitt Daniel $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $215,000 -10.4% $57 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $240,000 -7.7% $63 / Sq Ft
08/30/2021 08/30/21 Price Changed $260,000 -3.7% $69 / Sq Ft
07/16/2021 07/16/21 For Sale $270,000 -- $71 / 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
2025 $1,412 $108,600 $8,850 $99,750
2024 $4,794 $108,600 $8,850 $99,750
2023 $2,699 $18,750 $3,300 $15,450
2022 $2,699 $18,750 $3,300 $15,450
2021 $2,699 $18,750 $3,300 $15,450
2020 $2,661 $18,750 $3,300 $15,450
2019 $2,661 $18,750 $3,300 $15,450
2018 $2,621 $18,750 $3,300 $15,450
2017 $2,621 $18,750 $3,300 $15,450
2016 $2,486 $18,750 $3,300 $15,450
2015 $416 $18,750 $3,300 $15,450
2014 $416 $18,750 $3,300 $15,450
Source: Public Records

Agents Affiliated with this Home

  • Marrae Hill

    Seller's Agent in 2022

    Marrae Hill

    KELLER WILLIAMS REALTY

    (412) 969-0920

    1 in this area

    92 Total Sales

    Marrae Hill
    Section Image
  • Mark Aletto

    Buyer's Agent in 2022

    Mark Aletto

    BOSS REAL ESTATE GROUP, LLC

    (412) 262-4445

    2 in this area

    8 Total Sales

    Mark Aletto
    Section Image
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Map

Source: West Penn Multi-List

MLS Number: 1511907

West Penn Multi-List

APN: 10-002-0621.000

Pennsylvania Beaver County Ambridge 15003

517 Merchant St, Ambridge, PA

This home is located at 517 Merchant St, Ambridge, PA 15003 since 16 July 2021 and is currently estimated at $282,974, approximately $74 per square foot. This property was built in 1913. 517 Merchant St is a home located in Beaver County with nearby schools including Ambridge Area Junior High School, Ambridge Area High School, and Sewickley Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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