NOT LISTED FOR SALE

530 W Chestnut St Washington, PA 15301

Estimated Value: $176,867

2 Beds
1 Bath
-- Sq Ft
0.29 Acres

Last Sold February 24, 2023

Last sale price $157,000

Est. 13% increase in value since last sale

Current estimated payment $1,133/month

125 Days on Market

About This Home

As of February 2023

6 units, fully rented. Owner pays all utilities. 5 units in main building plus 450sf detached trailer on rear of property. Newer hot water tanks. Dependable occupancy and nice tenants in all units. 2 efficiencies, 1 2 bedroom, 1 trailer, and spouse's barber shop large enough to be 2 bedroom apartment with conversion. Package price available with MLS#1551958.

Last Agent to Sell the Property

Scott York

YORK REALTY License #RM051141A Listed on: 04/29/2022

Last Buyer's Agent

Erica Ondash

HOWARD HANNA REAL ESTATE SERVICES License #RS360348

HOWARD HANNA REAL ESTATE SERVICES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.29

Parking

  • Off-Street Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.29 Acre Lot

Community Details

  • 6 Units
  • Gross Income $36,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: City of Washington
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size Acres: 0.2881
  • Lot Size: 0.2881
  • Directions: W Chestnut to the corner of Hamilton and Chestnut.
  • Year Built: 1900
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Other

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Junior High Dist: Washington

Lot Info

  • Zoning: Comm
  • Zoning Description: Comm
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Gross Income: 36480.0

Tax Info

  • Tax Annual Amount: 5650.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Feb 16, 2023
Sold by
Devenney John P
Bought by
S & P Rental Holdings Llc
Seller's Agent
Scott York
YORK REALTY
Buyer's Agent
Erica Ondash
HOWARD HANNA REAL ESTATE SERVICES
List Price
$199,000
Sold Price
$157,000
Premium/Discount to List
-$42,000
-21.11%
Views
133
Current Estimated Value
$176,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,867
Avg. Annual Appreciation
4.03%
Original Mortgage
$125,000
Outstanding Balance
$121,843
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$51,729

Purchase Details

Closed on
Jun 10, 2016
Sold by
Koval Joseph B
Bought by
Devenney John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,788
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2015
Sold by
Koval Joseph B and Koval Yong S
Bought by
Koval Joseph B

Purchase Details

Closed on
Nov 27, 2007
Sold by
Cook Mark
Bought by
Koval Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2006
Sold by
Spossey L Anthony
Bought by
Cook Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.26%
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
S & P Rental Holdings Llc $157,000 --
Devenney John P $85,000 None Available
Koval Joseph B -- --
Koval Joseph B $43,000 --
Cook Mary $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & P Rental Holdings Llc $125,000
Previous Owner Devenney John P $34,788
Previous Owner Devenney John P $56,800
Previous Owner Koval Joseph B $65,000
Previous Owner Cook Mary $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $157,000 -16.9% --
09/01/2022 09/01/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $189,000 -5.0% --
04/29/2022 04/29/22 For Sale $199,000 -- --
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 $5,826 $159,000 $63,800 $95,200
2024 $3,572 $159,000 $63,800 $95,200
2023 $3,572 $159,000 $63,800 $95,200
2022 $5,650 $159,000 $63,800 $95,200
2021 $5,650 $159,000 $63,800 $95,200
2020 $5,650 $159,000 $63,800 $95,200
2019 $5,650 $159,000 $63,800 $95,200
2018 $5,320 $159,000 $63,800 $95,200
2017 $215 $159,000 $63,800 $95,200
2016 $215 $8,624 $3,138 $5,486
2015 -- $8,624 $3,138 $5,486
2014 $215 $8,624 $3,138 $5,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1551954

West Penn Multi-List

APN: 7800090001000900