542 Pennsylvania Ave Morgantown, WV 26501

South Park Neighborhood

Estimated Value: $162,557 - $205,000

5 Beds
4 Baths
2,161 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 09, 2023

Current estimated payment $1,131/month

Highlights

  • City Lights View
  • Traditional Architecture
  • Porch
  • South Middle School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of December 2023

PROVEN INVESTMENT + Potential to Grow! Fully leased 4-units generating $2,025/mo gross. Extra parcel of land included has potential, with some excavating, to provide off-street parking for tenants, or maybe add'l lease opportunity ! Garage area is great storage space, or perhaps convert to coin-operated laundry? ALL utilities separated + tenants pay. Current Letter of Compliance thru 7/10/24. CALL to See NOW!

Last Agent to Sell the Property

TRAVIS CADALZO

J.S. WALKER ASSOC. License #WV0029806 Listed on: 02/23/2022

Last Buyer's Agent

ERIC GROSSA

OLIVERIO REALTY, LLC License #WVS200301176

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Home fronts a stream
  • Level Lot

Property Views

  • City Lights
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2,161 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement
  • Scuttle Attic Hole
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Mountainview Elementary School
  • South Middle School
  • Morgantown High School

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • Public Transportation
  • Gross Income $24,300

Listing and Financial Details

  • Assessor Parcel Number 237, 149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,969

Year Built

Built in 1921

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 542 Pennsylvania Avenue
  • Second Address Number: 542
  • Directions: From downtown, cross Walnut St bridge, continue LEFT on Brockway Ave. LEFT onto Kingwood St (at Phoenix Bakery), NEXT RIGHT onto Pennsylvania Ave, HOME on RIGHT.
  • Geo Address Line: 542 Pennsylvania Ave
  • Geo Longitude: -79.949143
  • Geo Primary City: Morgantown
  • Geo Quality: 0.95
  • Geo Subdivision: WV
  • Geo Zoom Level: 16
  • GrossIncomeDollars: 24300
  • Handicap Modified: No
  • List Type: Exclusive Right to Sell
  • Lot Dimension: 34.6x49.29; 40x91.4x40.03
  • Number Of Stories: 2
  • Price per Sq Ft: 72.65
  • Selling Agent1: 3920
  • Selling Office1: 468
  • OFFICELIST_STATE: WV
  • Street Designation: Avenue
  • Building Style: Traditional
  • TaxAmountDollars: 1969
  • Total Sq Ft: 2161
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Included: Range, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Partial, Unfinished, Garage Access
  • Kitchen Equipment: Cable Ready, Hot Water Heater Gas, High Speed Internet Ready
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Gas Stove Connection, Electric Stove Connection
  • Legal Description: BL 12, LOT 2 542 PENNSYLVANIA VE; BL 2, LOT 14 B&A ADD
  • Basement Type: 2-4 Family

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood, Shakes, Other
  • Exterior Features: Porch, Outside Lighting
  • Fence: None
  • Foundation: Block
  • Number of Acres: 0.11
  • Roof: Shingles
  • View: City Lights, Park-like, Neighborhood
  • Waterfront: Close Proximity, Stream/Creek

Garage/Parking

  • Garage Spaces: Attached, 2 Cars, Other
  • Parking: Street Parking

Utilities

  • Cooling: Window Unit(s), Ceiling Fan(s)
  • Electricity: 200 Amps
  • Heating: Forced Air, Zoned, Gas
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Public Transportation, Other
  • Units in Building: 4
  • Property Description: Level, Sloping

Fee Information

  • Tax Class: Multi-Unit/Income

Schools

  • Elementary School: Mountainview Elementary
  • Middle School: South Middle
  • High School: Morgantown High
  • School District: Second Ward
  • Elementary School: Mountainview Elementary
  • High School: Morgantown High
  • Middle School: South Middle

Lot Info

  • Geo Update Timestamp: 2022-02-23
  • Deed Page: 490
  • Parcel #: 237, 149
  • Zoning: Special Business

Tax Info

  • Tax Year: 2022

MLS Schools

  • School County: Monongalia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Kedora Living Trust
Bought by
Salamone Gabe Ryan
Current Estimated Value
$175,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$1,307
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$169,176
Source: Public Records

Range of Values:

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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
Salamone Gabe Ryan $157,000 Bestitle Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Salamone Gabe Ryan $10,000
Open Salamone Gabe Ryan $135,118
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2023 12/09/23 Sold -- -- --
08/27/2023 08/27/23 Price Changed $175,000 -4.1% $81 / Sq Ft
08/25/2022 08/25/22 For Sale $182,500 0.0% $84 / Sq Ft
08/24/2022 08/24/22 Off Market $182,500 -- --
03/27/2022 03/27/22 For Sale $182,500 -- $84 / Sq Ft
Source: North Central West Virginia REIN

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 $1,774 $67,440 $21,660 $45,780
2023 $1,774 $63,780 $21,660 $42,120
2022 $1,606 $63,000 $21,660 $41,340
2021 $1,613 $63,000 $21,660 $41,340
2020 $1,618 $63,000 $21,660 $41,340
2019 $1,628 $63,000 $21,660 $41,340
2018 $1,632 $63,000 $21,660 $41,340
2017 $1,548 $59,520 $20,400 $39,120
2016 $1,503 $57,480 $18,360 $39,120
2015 $1,409 $55,860 $16,740 $39,120
2014 $1,215 $50,040 $15,420 $34,620
Source: Public Records

Agents Affiliated with this Home

  • TRAVIS CADALZO

    Seller's Agent in 2022

    TRAVIS CADALZO

    J.S. WALKER ASSOC.

    (304) 288-1923

    12 in this area

    114 Total Sales

    TRAVIS CADALZO
    Section Image

  • E

    Buyer's Agent in 2022

    ERIC GROSSA

    OLIVERIO REALTY, LLC

    (304) 629-8946

    1 in this area

    22 Total Sales

    ERIC GROSSA
    Section Image
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Map

Source: North Central West Virginia REIN

MLS Number: 10142258

North Central West Virginia REIN

APN: 10-29-02370000

West Virginia Monongalia County Morgantown 26501 South Park

542 Pennsylvania Ave, Morgantown, WV

This home is located at 542 Pennsylvania Ave, Morgantown, WV 26501 since 23 February 2022 and is currently estimated at $175,639, approximately $81 per square foot. This property was built in 1921. 542 Pennsylvania Ave is a home located in Monongalia County with nearby schools including Mountainview Elementary School, South Middle School, and Morgantown High School.

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.

North Central West Virginia REIN Data provided by North Central WV Real Estate Information Network, Inc.
IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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